Child Care Regulations for Oregon Landlords
With the passage of SB 599, effective January 1, 2024, landlords are now required to allow child care in their rental homes: https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/SB599/Enrolled What I hope you may find reassuring is that your tenant can’t just open their door and watch however many children or babies they want under any circumstances. There are strict state…
Read MoreThe Benefits of Renting Out an Inherited House or When Moving Parents to New Housing
Inheriting a property or moving parents into alternate housing presents not just emotional challenges but also significant financial decisions. In such situations, selling the property might seem like the simplest solution, but renting out the property offers a wealth of benefits that are worth considering. This approach is especially compelling in areas with robust rental…
Read MoreShould I sell or rent out my Oregon house?
Homeowners in Southern Oregon face a significant decision when it’s time to move on from their property: should they rent it out or sell it? This choice can have lasting financial and personal implications. Below, we delve into a compare and contrast analysis of both options, highlighting why renting out might be the favorable choice…
Read MoreMaximizing Potential: Real Estate Brokers’ Guide for the Slow Winter Months
The winter months often bring a lull in the real estate market. However, this period should not be viewed as a time of inactivity, but rather as an opportunity for real estate brokers to enhance their skills, expand their network, and prepare for the bustling spring season. Here’s a comprehensive guide on what real estate…
Read MoreThe Corporate Transparency Act
The Corporate Transparency Act (CTA), which came into effect as part of the National Defense Authorization Act for Fiscal Year 2021, has brought significant changes to the reporting requirements for small businesses, including Limited Liability Companies (LLCs). As an LLC owner, it’s crucial to understand and comply with these new regulations. Here’s a guide to…
Read MoreHoliday Safety Tips for Tenants
Stay Safe and Enjoy the Festivities! As the holiday season approaches, it’s time to deck the halls with boughs of holly, light up Christmas trees, and enjoy the festive spirit. However, amidst all the excitement, it’s crucial to keep safety in mind, especially for tenants. Here are some essential tips to ensure a safe and…
Read MoreNavigating Tenant Occupancy with Tact: The Cash for Keys Approach for Real Estate Agents
As a real estate agent, you’re often faced with the challenge of listing a property that is currently occupied by tenants. Whether it’s due to an impending sale or a change in management, sometimes these situations require a speedy resolution that benefits both the tenant and the landlord. Enter the “cash for keys” agreement –…
Read MoreStrategies for Tenants to Improve Poor Credit Ratings
Maintaining a good credit rating is essential for various aspects of financial stability, and tenants are no exception. A poor credit score can affect your ability to secure housing, obtain favorable rental terms, and even impact your chances of getting a job. If you find yourself with a less-than-stellar credit rating, don’t despair. There are…
Read MoreThe Crucial Role of Proper Tenant Screening in Property Management
The process of renting out a property involves more than just finding a tenant willing to pay the rent. It requires careful consideration and thorough assessment to ensure a mutually beneficial and secure landlord-tenant relationship. One of the key elements in this process is proper tenant screening. This crucial step plays a pivotal role in…
Read MorePros and Cons of Hiring a Property Manager vs. Self-Managing Your Real Estate Investment
Investing in real estate can be a lucrative venture, but it comes with its fair share of responsibilities. One crucial decision that property owners face is whether to hire a professional property manager or take on the responsibilities of self-management. Each option has its own set of advantages and disadvantages, and choosing the right path…
Read More