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Raising rent without conducting due diligence can severely impact your bottom line. This is especially true if it makes the rent amount way too off the prevailing market rate. If you end up overcharging tenants, prospective tenants will find your unit less desirable. And if the rent amount remains below the prevailing market rates, you won’t be able to optimize the return on your investment. Increasing rent is almost always inevitable in the life of a landlord, especially when factoring in inflation, running costs, property improvements, and …

As a landlord, have you ever found yourself grappling with the dilemma of whether to let your residents personalize their living space by painting your rental property? This common concern raises valid questions about property value, tenant satisfaction, and long-term maintenance. However, it also brings potential risks, such as damage to walls or colors that may not appeal to future residents. In this article, we’ll explore the pros and cons of permitting your residents to paint, helping you make an informed decision that balances tenant happi…

Advertising a rental effectively is crucial for attracting the right tenant and minimizing vacancy periods. In Eugene, where the rental market can be competitive, standing out from other properties is essential. This article will guide landlords through key advertising strategies, and by the end, you'll be able to advertise your rental property successfully. It's important to understand that successful advertising starts with knowing your target audience. Eugene is home to a diverse population, including students, professionals, and families. T…

Are you finding it challenging to create a lease agreement that truly protects your interests while keeping things clear for your residents? Crafting a solid lease agreement is more than just a formality—it’s a crucial tool that safeguards your property, outlines expectations, and ensures a harmonious landlord-resident relationship. A well-drafted lease can help you avoid misunderstandings, manage disputes, and comply with legal requirements. In this guide, we’ll explore the essential elements of a strong lease agreement, equipping you with th…

It may seem like great tenants are hard to come across, but with the right strategies, they can be easy to keep and retain. Great residents ensure you gain back your return on real estate investments quickly. Identifying Signs of an Excellent Renter High-quality tenants stand out by: Paying their rent on time Treating the rental well Reporting any property issues to the landlord Living peacefully with other renters or neighbors Leaving little to no property damage Finding Exemplary Renters Landing high-quality residents requires executing a…