Blog

When you’re managing an investment property, maintenance will generally fall into three main categories:

• Routine maintenance
• Emergency maintenance
• Preventative maintenance

Today, we’re talking about how we manage maintenance requests and what you should do to ensure the condition of your home and its value are protected.
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This is a technology-driven society, and that presents both an opportunity and a challenge for communication. For example, statistics show that more than two billion emails are sent across the world every single day. But, only one-third of those emails are opened. To effectively manage your rental property , communication is essential. Not only do you have to communicate transparently and frequently; you also have to be willing to communicate in ways that make sense. Sometimes, an email is the best way. Sometimes, you need to have a phone conversation and sometimes – in person dialogue is the only way to conduct business.

At Burgess Elliot Real Estate, we value communication, and we believe that being a small property management company allows us to communicate effectively with our owners and our tenants. Today, we’re sharing some of the ways that we’ve learned to communicate more effectively when it comes to your investment property.
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Investing in rental properties can provide a lot of opportunity for short-term cash flow and long-term returns. If you’re looking for an investment that provides passive income, consider investing in real estate. For investors who already have a growing portfolio of income-producing properties, we invite you to consider buying in the Portland market. You’ll find that there’s a lot of opportunity here, and a large pool of highly qualified tenants.
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Before hiring a professional property management company in Portland to manage rental homes, most owners want to know what it will cost. This is an important question, and you should never sign a management agreement or hire a property manager without understanding what you’ll be paying. However, make sure you’re comparing services as well as costs when you’re choosing a management company. You want to make sure you’re receiving value in exchange for your management fees.
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Owning rental properties in Portland comes with a lot of opportunity, but it also comes with a lot of risk. Even a simple mistake can be costly and cause problems. Professional property management is an investment you make in your property and in your financial future. While managing your own rental home may seem like a good idea, it’s not the best way to earn as much as possible on your investment.
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Homeowners and investors who need help with Portland property management should consider Burgess Elliott Real Estate, and today we’re sharing a few reasons that explain why we’re your best option.
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