Balancing Turnover and Market Rates: Maximizing Rental Property Success
At Living Room Property Management, the average renter stays in their rental home for 2.13 years. This means that, approximately every 25-26 months, the home experiences some level of vacancy as we prepare it for the next tenant. As a market-rate housing provider with average rents exceeding the City’s, this duration is influenced by several […]
Keys to Successfully Renting Your ADU to Long-Term Tenants
Accessory Dwelling Units (ADUs) offer numerous benefits for property owners. One of the most significant advantages is the potential for income generation. The additional rental income from an ADU can significantly offset the costs of owning a home, helping to cover mortgage payments, property taxes, and maintenance expenses. Beyond financial benefits, renting out your ADU […]
Managing Single-Family Homes in Portland: A Labor of Love
Managing single-family homes in Portland is more than just a job for me; it’s a deeply personal commitment to a city I love and believe in. Portland has faced its share of challenges, but I am incredibly proud of how resilient and dedicated our community is to making positive changes. As I write this, midway […]
10 Requirements for Screening Tenants in the City of Portland
When screening rental applications in Portland, Oregon, landlords must adhere to specific guidelines set by HUD and the Portland Housing Bureau to ensure fair and legal practices. (Updated 2026: Oregon’s SB 599 and evolving Portland Housing Bureau rules have added new requirements — key updates are noted throughout this post.) Here are the key points […]
Renting in Portland Oregon: 5 Things Landlords Need To Know About Laws & Regulations
As a landlord in Portland, navigating the rental market can be both rewarding and challenging. Here are three essential things to know about Local Rental Laws and Regulations: Living Room Property Management specializes in long-term, residential rentals: single-family homes, 2-4 unit plexs, privately owned condos and ADUs. Are you interested in learning more about Living Room’s […]
Portland Rental Market Update March 2024
Find out what’s happening in the Portland rental market during the first quarter of 2024. Hi, I’m Coty Thurman, licensed Oregon Broker and President of Living Room Property Management. I’m here to tell you what you need to know about Portland’s rental market for March 2024. The Tale Of Two Cities If you’ve been keeping […]