Tech-enabled rental property management in Portland - Vancouver

Most definitely! Not everyone has the temperament, time, energy, professional network, or experience to be a property manager. Managing rental properties is a full-time job, and many property owners want real estate to be a passive investment. 

Portland presents unique challenges for property managers because there are many rules and regulations to follow: 

• Fair Access in Renting (F.A.I.R.): Portland Requirements for Tenant Screening

• Portland's F.A.I.R Requirements for Security Deposits

• Income to Rent Ratio Rules for Portland Investment Properties

• Regulations on Upfront Advertising Under the Portland Fair Access Renting Ordinance

Mynd also follows all fair housing laws, which means we do not discriminate based on protected classes.

• Familial status

• Age

• Sex

• Sexual orientation

• Gender identity

• Disability

• Religion

• Color

• Race

• National origin 

In cities with fair chance housing ordinances, like Portland, Mynd does not use criminal background checks as justification for rejecting an applicant. Arrest and conviction aren’t always appropriate, nor do they determine whether someone will be a good tenant.

At Mynd, we believe we're the best property management company to help you succeed as a real estate investor in Portland. 

Of course, you shouldn’t take our word for it. Suppose you’re an owner who currently owns property in Portland or is thinking about buying a new investment property. In that case, you need to conduct your due diligence when it comes to finding a property management company. 

• Ask for references.

• Request internal customer satisfaction scores.

• Read reviews online from multiple sources.

• Have in-depth conversations with candidates.

You should look through every service you agree to pay for and every potential fee you may be charged. Some fees are warning signs that you shouldn’t work with a particular company. For example, don’t sign with a property management company that issues a late renter payment charge or a lease violation charge. 

These fees are meant to reduce lease agreement violations and to make up for any income lost. A conflict of interest emerges if the property management company takes a percentage of the fee because they're being rewarded for mismanaging your real estate property investment and have a financial reason to permit bad behavior.

Mynd can also reduce costs. Property management companies can leverage economies of scale. Given Mynd’s extensive network of properties, we have a lot of bargaining power to lower prices for goods and services. 

Our expertise saves you the cost of learning how to do things yourself and using your investments as learning material. And since we’re dedicated property managers, we also provide higher quality services than an individual investor who’s dividing their efforts between a job and managing their investment.

Mynd performs a strict renter search to reduce vacancies, early terminations, evictions, late rent payments, and property damage. We check for proof of income, validate identity, and run a credit check. For the benefit of the investor and the applicant, Mynd ensures that any potential renter can meet their rental obligations, including paying rent on time and respecting the lease agreement stipulations. 

Mynd is responsive to renter requests for repairs and maintenance. Responsiveness protects your investment and keeps your residents satisfied. Poor communication is a frequent cause for choosing not to renew a lease. 

Finally, Mynd’s extensive knowledge of tax law and local and state regulations will save you money, protect your property and renters, and lower your liability.