What Are Typical Rental Property Application Fees in Portland, OR?

By Sean Kerr | MPM RPM Sunday, July 16, 2023

Did you know that the average Portlander must earn over $101,000 yearly to afford rent?Aside from rent, rental property application fees in Portland, Oregon, vary depending on diverse factors.A few things are worth considering when charging tenants for rental property application...

How Do You Calculate Prorated Rent?

By Sean Kerr | MPM RPM Sunday, July 9, 2023

As a dedicated landlord or property owner, ensuring a smooth and equitable rental process is a top priority. Among the many aspects to consider, calculating prorated rent holds great significance.At Kerr Properties, we understand the importance of fair rent distribution and striv...

How Should a Landlord Handle Noise Complaints?

By Sean Kerr | MPM RPM Monday, June 26, 2023

The average monthly rent of a rental property in Oregon is $1,284. Yet, finding tenants is never an issue for landlords.Keeping your units occupied is important for your business budget. But you can end up with some bad tenants.Bad tenants might not pay their rent. They might als...

How Much Money Do You Need to Invest in Portland Real Estate?

By Sean Kerr | MPM RPM Monday, June 19, 2023

Did you know house flipping across the U.S. accounts for 8% of home sales? While that may not seem significant, it equates to over 400,000 homes.Have you ever wondered how much money you would need to start investing in Portland real estate? This is a common question, and the ans...

This Is How to Be a Good Landlord in Portland, OR

By Sean Kerr | MPM RPM Monday, June 12, 2023

As of 2022, the vacancy rate of rental properties in Oregon was 4.1%, which is low. This means that landlords can easily find tenants for their rental units.Finding tenants is a critical part of owning rental properties. But learning how to be a good landlord is also important.Be...

Rental Security Deposit: A Guide for Landlords

By Sean Kerr | MPM RPM Monday, June 5, 2023

Did you know that in 25 states, including ones like Florida and Texas, there are no limits on security deposits? As a savvy landlord, understanding the ins and outs of handling a rental security deposit is the key to smoothly managing your rental business.This guide will equip yo...

3 Things to Know About Owner Disbursements

By Sean Kerr | MPM RPM Monday, May 29, 2023

Are you considering renting out your Portland real estate? Knowing where to begin with this process can feel overwhelming, especially when you hear terms such as 'owner disbursements.' So, what's the secret to mastering these details fast?There are over 20 million ren...

3 Benefits of Hiring a Full Service Property Management Company

By Sean Kerr | MPM RPM Monday, May 22, 2023

Are you among the 10.6 million American investors who earn income from a rental property? If so, you know the complexities that come with the job.From advertising and tenant screening to maintenance coordination and rent collection, managing a property can be time-consuming and o...

3 Things to Know About Rental Valuation in Portland, OR

By Sean Kerr | MPM RPM Monday, May 15, 2023

Did you know that rent should typically be set at around 0.8%-1.1% of the property's sale price?Sadly, in some cities, tenants are charged based on the square footage of the rental property? This practice has led to the rise of micro apartments where people live in small spac...

3 Things to Know About Leasing Management in Portland, OR

By Sean Kerr | MPM RPM Monday, May 8, 2023

Demand for rentals in Portland continues to climb. The rental vacancy rate decreased to 6% in 2022. With high demand comes higher rent prices.These factors put you in a good position as a landlord. However, managing your rentals is complicated and time-consuming.Good leasing mana...

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