How to Be a Long-Distance Landlord
Being a long-distance landlord might not have been in your initial plans, but situations can arise that necessitate it. Your company may reassign you to a different state or you may want to start anew in a new region. However, upon checking the market prices, you might realize that your profit would be less if you sell your property. The next best thing of course is to convert it into a rental home as you wait for the property market to recover. But long-distance landlords face issues that landlords who live near the area can easily resolve. H…
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…
Why Pet Screening is Always a Good Idea
In the past few years, there are more people owning pets consequently increasing the demand for rental homes that allow pets. Millions of Americans adopted pets into their family as a result of the recent pandemic. So, having a pet-friendly rental property draws more potential tenants which increases your income and property value. Since landlords must ensure that tenants have a comfortable and peaceful living environment, the screening process goes beyond just choosing responsible tenants. This would also include being aware of and accommodati…
