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. The city boasts a thriving outdoor and recreation culture that brings in hundreds of local and international tourists every year. Outdoor lovers can choose to hike, bike, or enjoy some canoeing at the Mckenzie or Willamette River. Should you want something more relaxed, the Ballet Fantastique, the Eugene…
Reasons to Invest in Eugene
Real estate investments are an excellent way to generate passive income. Rental property investments allow you to earn from monthly rental revenue as well as capital appreciation. However, not all real estate markets are created equal. That's why thorough study is essential. You would want to live in a location with a strong economy, employment market, great quality of life, a variety of local attractions, and a thriving rental market. Eugene is an excellent alternative for rental investments since it ticks several of these requirements. Euge…
The Best Way to Communicate With Your Tenants
Effective communication is the foundation of a successful landlord-tenant relationship. Whether you're conveying essential information, addressing concerns, or building a sense of community, your method of communication plays an essential role. Landlords often face the dilemma of choosing between email, text messaging, and phone calls. Each mode of communication has its benefits, and the key lies in understanding when to use them. Email Communication Email communication has become an integral part of our daily lives, both personally and profes…
How to Know if Your Rental Meets Safety Standards
Does your rental property meet the adequate safety standards? As a landlord, ensuring the safety and well-being of your tenants should be the paramount concern for you. This not only fosters a good landlord-tenant relationship but also keeps you in compliance with legal standards, shielding you from potential liabilities. Our comprehensive guide on 'How to Know if Your Rental Meets Safety Standards' is designed to navigate you through the essential safety checks and certifications your property should have. By adhering to the outlined safety…
How to Transition From Part-Time to Full-Time Landlord
Are you looking to transition from being a part-time landlord to a full-time landlord in Eugene, OR? If you are, it can be a great move! Among other things, you may be able to maximize cash flow, enjoy lifestyle flexibility, and enjoy a myriad of tax benefits. Be that as it may, there are a few things that you’ll want to keep in mind for a smooth transition. But first… What Are the Benefits of Becoming a Full-Time Landlord? Becoming a full-time landlord may come with a smorgasbord of benefits. The following are some of the benefits you may be…