Top Tips When Buying Investment Property in Eugene
Ranking third in population after Portland and Salem, Eugene is one of the ideal places for property investors to consider. The city is situated between the Ocean and the Cascade Mountains far to the east, offering you the best of both worlds when it comes to investing in residential or commercial real estate. This in-demand city boasts a thriving outdoor and recreation culture that brings in hundreds of local and international tourists to explore it every year. Outdoor lovers can choose to hike, bike, or enjoy some canoeing at the Mckenzie or…
How to Set Clear Expectations with New Tenants: A Landlord’s Guide
Key Takeaways Establishing clear expectations for your tenants at the beginning of their lease can smooth out rental operations and ensure success. Without proper expectations set, you can open yourself up to more complaints, issues, and disrupted cash flow. Working with a property management company can guarantee smooth tenant communication, rent collection, property repairs, and more! How you establish expectations will determine how easy– or difficult– each tenancy will be. The majority of landlord-tenant issues begin with innocent misunde…
Understanding Cash Flow: How to Keep Your Rental Business Profitable
Key Takeaways Effectively monitoring your cash flow is crucial for ensuring the continuing success of your rental property. Without optimal cash flow, rental properties can quickly diminish in profit, making them unsustainable. Partnering with a property management company can streamline rental operations and make property ownership a breeze. Did you know that many rental property owners do not have an accurate picture of how much money they are really making? It is easy to focus on rental income while overlooking the steady stream of costs t…
Why Rental Properties Are Still a Good Investment When Interest Rates Rise
Key Takeaways Rising interest rates for properties can be an intimidating hurdle for investors to cross. However, hikes in interest rates don’t always mean the property’s profitability needs to suffer. Partnering with a property management company can improve your property’s success while reducing your workload as a rental owner. Interest rates affect everything. By raising or lowering the prices of goods and services, interest rates alter markets by changing the behavior of buyers and sellers. For property investors and those looking to inve…
How to Increase Your Income Without Raising Rent
Key Takeaways Maximizing income is the goal of every property investor looking to succeed in the industry. Raising the rent is an easy way to earn more income, but it can easily backfire. Partnering with a property management team is an effective way to maximize income and secure success for your rental. Increasing rent is not the only road towards bettering your bottom line. Indeed, overdependence on rent raises can turn against projects, especially when the student housing market is competitive. Tenants can begin to seek other accommodation…
