How to Limit the Risk of Investing in Real Estate

“No risk, no reward.”  That phrase has been applied to everything from play calling in sports to starting a business to investing in real estate.  It suggests that if risk is not taken then there will be no reward.  That may be true but it does not mean that we have to sit back and accept […]

Should I Sell Or Rent My Home?

Your current home is the first home you ever purchased but you are ready to move up to something a little more “comfortable” and now you wonder, “Should I sell my home or rent it?”  Here are some things to consider when searching for an answer to this question. Would the listing description for your house be […]

Real Estate Investing: Is Location Important?

Location, location, location!  That familiar real estate phrase referring to the three most important factors in real estate.  We have all heard it and many of us have even repeated it but it often doesn’t get the consideration it should from real estate investors.  Getting the best possible deal has consumed many rental buyers leaving […]

Mistakes Renters Make

We all make mistakes from time to time.   Some mistakes don’t cost us anything while others can mean losing thousands of dollars.  For tenants, mistakes often fall into the losing money category.  Whether you are new to being a tenant or just haven’t rented in a very long time, avoiding the mistakes listed below […]

How to Get Your Security Deposit Back From Preferred Residential

Most leases in the state of Oregon require security deposits from the tenant when they move in to a rental.  The deposit is intended to cover damages to the property caused by the tenant beyond normal wear and tear and to protect the owner from financial loss if the tenant moves out before the lease […]

Property Management: Bend Rental Market Still Strong

  The Bend, Oregon rental market continues to show signs of strength as we head into the winter months.  The good news for real estate investors is it looks like this strength will continue well into next year and beyond. Over the last month and a half Preferred Residential has had four vacancies.  Three of […]

Mistakes to Avoid When Purchasing an Investment Property

  You have determined why you are investing in real estate and what type of property can best help you reach your goals.  Now it is time to take the next step toward making money – purchase an investment property.  Hold on though, while this is an exciting step it will also play a huge […]

Is it Time to Hire a Property Management Company?

  Owning rental properties is a great way to make money but it can also be a great way to run yourself into the ground.  Especially if managing your properties isn’t your only job.  If you own rentals in Bend, here are a few indicators that might mean it is time to find a good […]

Rental Houses and Dogs

I don’t know what it is about Bend, Oregon but the people who live here love their dogs.  So much so that Bend was named 2012 Dog Town USA by Dog Fancy Magazine.  That’s all well and good but what does that mean for Bend real estate investors? It means, if you are thinking about […]

Bend Oregon Vacancy Rates Falling According to Survey

The Central Oregon Rental Owners Association (COROA) 2013 annual rental survey has been released documenting a snapshot of rental activity for houses, duplexes, triplexes/fourplexes and apartments for Bend, Redmond and all of Central Oregon. The survey data is provided by rental owners and property managers from Sunriver to Prineville, La Pine to Redmond and Bend […]