Generally speaking, a property manager is responsible for the efficient management of a rental property. The responsibilities of a property manager usually include:

• Conducting a market analysis and determining estimated rent attainable for rental properties.
• Marketing vacant rental properties.
• Coordinating turnover maintenance and cleaning during vacancy.
• Scheduling showings with prospective tenants for vacant rental properties.
• Screening applicants through background checks, including proof of income and rental references where possible.
• Contracting with tenants by negotiating leases and collecting security deposits.
• Arranging and managing contracts for maintenance, trash removal, landscaping, and other ongoing services.
• Collecting rent and other property fees from tenants.
• Conducting inspections of occupied rental properties.
• Contracting and supervising maintenance of rental properties.
• Investigating and resolving property complaints and rental violations.
• Maintaining important records including income, expenses, leases, tenant communication, maintenance, etc.
• Preparing financial performance reports for rental properties.

A good property manager will provide the invaluable service of being an insulating layer between Tenant and Owner, which results in a smooth flow and proper attention to the process of communicating. The Tenant will benefit from professional communication, legal property entry with ample notice, and decisions that facilitate ongoing tenancy. The Owner will benefit from emotionless property requests, advice to make sure decisions are made in a legal way, and carefully tracked accounting for year-end tax purposes. Professional property management is a win-win-win!

To inquire further about services Portland Rental Properties offers, please contact us at 503-280-2880 or email Reed@PortlandRentalProperties.com.