Buying, selling and operating apartments in Portland

City of Portland Landlord Training – Spring 2017

21 April 2017
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I apologize for the short notice, but this is a very good training for anyone that runs properties in the Portland area.  It is all day, however, very well worth it since it’ll go over rules that are in effect today.

Unfortunately, due to the changing landscape rule changes will be a way of life for landlords anywhere.

To apply go to:

http://www.PortlandOregon.gov/BDS/LandlordTraining

I’ve attached a list of topics and app form for download:

CoP_LandlordTraining_Topics_Spring17

CoP_LandlordTraining_Application_Spring17

Steve Morris | Vice-President
IMG Northwest
1234 SW 18th, Suite 102
Portland, OR 97205
Phone: 503.970.4593 
steve@imgnorthwest.com | www.imgnorthwest.com
OR License # 200202054 | WA License # 24512

For the Oregon Real Estate Agency Pamphlet click here.
For the Washington Real Estate Agency Pamphlet click here. 


Rent increase notices from a lease to M-T-M

17 August 2016
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Cliff Hockley of Bluestone & Hockley has authored an article on you can raise rents if you let a lease roll over to a month-to-month tenancy.  To download, right-click the link below and “Save As”:

<<<WhenCanLandlordsRaiseRentOregon_10Aug16>>>

 

Needless to say a landlord needs to exercise caution with rent increases.  The article goes thru the current requirements for rent increase notices for increases.  A lot of these may need case law to resolve

Excerpted from the article intro:

“Many of our readers have expressed confusion over when a landlord can raise rent in Oregon anymore.  Specifically, they have asked us for help understanding how month-to-month rent increases should be handled after House Bill 4143 amended the Oregon Landlord Tenant Act.” 

Steve Morris | Senior Advisor
SVN | Bluestone & Hockley
9320 SW Barbur Blvd, Suite 300
Portland, OR 97219
Phone: 503.970-4593 | Fax: 503.222.6459
steve.morris@svn.com | www.svnbluestone.com
OR License # 200202054 | WA License # 24512

All Sperry Van Ness®Offices Independently Owned and Operated

For the Oregon Real Estate Agency Pamphlet click here.
For the Washington Real Estate Agency Pamphlet click here. 


City of Portland – Landlord Training Guide

10 June 2016
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On 16 May 2016, the City of Portland a day-long seminar on operating apartments in Portland.  These are annual events, free and well worth your time if you are an owner in or out of Portland.  They are annual events (usually in the Spring).  I will send out an eMail or can give you contact info on request.

To download the 100-page book from the seminar, click the link below and download:

https://www.portlandoregon.gov/bds/article/96790

Contents of the manual:

  • Preparing your Property
  • Portland Maintenance Code
  • Applicant screening
  • Rental Agreements
  • Ongoing Management
  • Signs of Drug Use
  • Crisis Resolution
  • The Role of Police
  • Appendix with forms and contacts useful to operator

 

If you’d like a Free copy of my 80-page book – Buying, Selling and Operating Apartments Using Financial Analysis

Please contact me:

Steve Morris | Senior Advisor
Sperry Van Ness | Bluestone & Hockley
9320 SW Barbur Blvd, Suite 300
Portland, OR 97219
Phone: 503.970-4593 | Fax: 503.222.6459
steve.morris@svn.com | www.svnbluestone.com
OR License # 200202054 | WA License # 24512

All Sperry Van Ness®Offices Independently Owned and Operated

For the Oregon Real Estate Agency Pamphlet click here.
For the Washington Real Estate Agency Pamphlet click here. 


Oregon / Portland New Rules for Apt Owners

25 November 2015
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Please download the PDF of a presentation by Leah Sykes of Hahs & Bittner on rule changes that will affect landlords in 2015 and 2016

<<<2015 Changes to Oregon Residential Landlord_19Nov15>>>

Portland backlash – City of Portland enacted a 90-day notice rule for rent increases >5% and no-cause evictions effective 14 Nov 15.

In addition, the state of Oregon has made changes effective 1 Jan 16.  Changes will affect:

  • Penalties
  • Damage assessments
  • What is a bedroom (don’t laugh)
  • Waivers
  • Timing of notices

If you’d like more information on:

– Details/background on individual sales in the report or

– A Free copy of our 80-page book – Buying, Selling and Operating Apartments Using Financial Analysis

Please contact me:

Steve Morris | Senior Advisor
Sperry Van Ness | Bluestone & Hockley
9320 SW Barbur Blvd, Suite 300
Portland, OR 97219
Phone: 503.970-4593 | Fax: 503.222.6459
steve.morris@svn.com | www.svnbluestone.com
OR License # 200202054 | WA License # 24512

All Sperry Van Ness®Offices Independently Owned and Operated

For the Oregon Real Estate Agency Pamphlet click here.
For the Washington Real Estate Agency Pamphlet click here. 


Multnomah County Weatherization Funds for Apartments – Sept 10

16 September 2010
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For apartments located in Multnomah County there are some very attractive grants available. (more…)


Apartment Operations Metrics

17 April 2010
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First-level financial performance metrics (more…)


Financial Measures

17 April 2010
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What are the major metrics used to determine an apartment’s financial performance? (more…)