It’s that age old question for real estate investors, “Should I manage the property myself or hire a property manager?” Sure, we might be a little biased about what we think your answer to that question should be but we understand and appreciate those who chose to manage their investment on their own. The important [… Read More]
Update: Both houses have been rented. Whether you are looking for a house in Bend or one in Redmond, we’ve got you covered. Both houses listed for rent yesterday will be available April 1st. The house in Bend is on the east end of Revere in a nice quiet neighborhood just down the hill from [… Read More]
If you have tried renting a house in Bend recently or know someone who has then you know that there is a lot of competition for rental homes. The rental market is hot right now. So hot, in fact, that we aren’t even having to advertise many of our listings. In the last week we [… Read More]
Last week I wrote about how strong the rental market is in Bend right now. I imagine that there were a few people who read that post and thought, “That’s all well and good but what about some real examples of how strong the market is?” Well, I have some for you now. Late Tuesday we advertised [… Read More]
The news for investors who own rental property keeps getting better. According to Moody Analytics, demand for rentals is expected to remain strong for at least the next two years. They cite the foreclosure crisis, an uncertain economy and fear of making a bad investment as influencing people to choose renting over buying. While Moody’s data is [… Read More]
The National Association of Realtors recently released results of their 2012 Investment and Vacation Home Buyers Survey. It was a voluntary survey of more than 2,200 home purchases completed in 2011. The results show that sales of existing and new homes in 2011 for investment and second home purposes rose to the highest level since [… Read More]
We have been writing about a strong rental market here in Bend for almost a year now. Homes are being rented almost as fast as investors can buy them and fix them up. The property management side of Preferred Residential has had no problem filling homes with qualified tenants either. In fact, I can’t remember [… Read More]
3/13/12 Rented!!!! 3/5/12 New Price!!! $950/month Before you give up check to see if we have any other houses for rent. We have a house coming availble the first week of March. It’s located in Elkhorn Esates in SW Bend. Single level 3 bed, 2 bath. 2 car garage, fenced back yard. Nice open [… Read More]
Each January the Central Oregon Rental Owners Association (COROA) publishes the results of their annual member survey. The survey is not scientific but does offer some insight into the Central Oregon rental market. This year there were 175 responses to the survey compared with 199 in 2010. Bend, Redmond, Madras, Prineville, La Pine, Sunriver and Sisters [… Read More]
Bend’s model for hosting athletic events has earned it the bid for the 2013 National Club Cross Country Championships signaling a major shift in how cross country races are organized and operated. USA Track & Field announced they have selected Bend, Oregon to host the event over a number of larger cities including Chicago, San [… Read More]
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