Oregon Property Management

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Oregon property management

Regions we serve in Oregon

Oregon Mynd Management locations

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Oregon Property Management

$5,000 Rental Income Guarantee

WE PROTECT YOUR RENTAL INCOME
Your residents could lose their income at any time, which could impact your steady rental cash flow. This Rental Guarantee program is unique from others you will find as it actually covers up to $5000 in risk of rental loss.
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Oregon Property Management

$2,500 Pet
Guarantee Plan

WE PROTECT YOUR PROPERTY
Over 80% of rental prospects own a pet. Pet friendly properties lease 10 days faster and have a 4% lower vacancy rate. But you might want assurance that your pet friendly rentals are protected from pet damage. Under Mynd’s Pet Guarantee Plan, Mynd will cover damages up to $2500.
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Oregon Property Management

$5,000 Eviction
Protection Plan

WE PROTECT YOU
If your resident is unable to pay rent, you may need to evict them. This could be a very costly process. Under Mynd’s Eviction Protection Plan, we cover the court costs and legal fees up to $5,000, making sure your cash flow is steady and protected.
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The best Oregon property management

Our property management services will improve your rental property and fill it with qualified tenants. Then you can use your rental cash flow to grow a nationwide rental home investment portfolio, invest the rent cash flow income back into your rental property, or whatever else you want. The choice is yours!
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Oregon property management Knowledge Center

Become fluent in everything rental real estate using our Oregon property management and investing center. You’ll get the know-how of a property manager with a real estate broker’s license!

Our Oregon property management offices

Portland Property Management

1455 NW Irving St #200
Portland, OR 97209
United States

What are Oregon real estate investors saying?

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Are you looking for property management?

A landlord needs a property management company if they only want to be a property owner. Mynd is a full-service company that lets you worry less and profit more.
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Frequently asked questions
Do landlords have to replace the carpet in Oregon?

Unless it's a legitimate threat to the safety or health of the tenant, the landlord is not obligated to replace the carpet at rental properties in the state of Oregon. 

Additionally, the tenant is responsible for any damage to the carpet that exceeds regular wear and tear. However, given how resource-intensive carpet cleaning is, replacing carpet with a different type of flooring is one way to speed up rental property turnover.


What is the new rental law in Oregon?

SB 608 stipulates that, as of February 2019, that Oregon must maintain a website that shows the maximum permitted yearly rent increase by the end of September. 

The punishment for exceeding the maximum permitted rent increase is relatively severe, including three months’ rent, damages sustained by the tenant, attorney fees, and legal costs. 

The exemptions to this rule are properties with a certificate of occupancy less than 15 years old and anyone who is paying reduced rent thanks to a government program or subsidy. Some laws are unique to Oregon’s localities and cities, such as Portland. 

Here are just some of the rules you’d have to know if you decided not to hand off property management services to Mynd.

How much notice does a landlord have to give a tenant to move out in Oregon?

It depends on the type of tenancy. Within the first year of a month-to-month tenancy, no cause is necessary to terminate a lease, and a 30-day notice must be provided. After the first year of a month-to-month tenancy, termination is only possible if the cause satisfies Oregon law. 

If a landlord wants to terminate a lease agreement before its term ends or after the first year of tenancy, a cause must be provided that satisfies Oregon law. This includes violating the rental agreement or committing a crime on the rental property. 

If the tenant fails to pay rent after eight days have passed, the landlord can give notice that if rent isn't paid within 72 hours, the lease will be terminated. The notice must include the exact amount of rent owed and when it must be paid. 

A similar notice can be made on the fifth day after rent is due, informing the tenant that they have 144 hours' written notice to pay rent.


Who are the best Oregon property management companies?

Mynd believes that we’re the best Oregon property management service, but don’t take our word for it! Due diligence is necessary to find the best property management company.

  • Ask for references.
  • Consult the Department of Consumer Affairs
  • Have in-depth talks with prospective residential property managers.
  • Check out online reviews from multiple sources.
  • Request internal client satisfaction scores.

If a property management service has complaints against it that the company resolves, then that’s a sign of humility and a commitment to professionalism. Nobody’s perfect, and that includes property management companies.

How much time does it take to manage a rental property?

The simplest estimate is that every rental property requires a property manager’s attention four to six hours per month per unit, which adds up to 48-72 hours of daily management and operations throughout the year. Assuming a yearly lease, most of that time is spent on maintenance and upkeep, finding a prospective tenant, leasing, and rental property turnover. 

However, if you’re your own property manager, you may spend more than 48-72 hours per year, depending on how experienced you are in property management. It may take over 48-72 hours for a beginner. Plus, there’s all the time you might spend worrying about your property if you’re a worrier.

With your property manager saving you, you can focus on scaling your real estate investment portfolio. And Mynd can help with that too; we know many investment strategies!

How do property managers choose tenants?

Tenant screening begins by writing a great ad that clearly outlines what the rental property offers and the criteria one must meet to be a renter. 

Next, Mynd confirms all the information provided by the prospective tenant by running a credit history check, consulting references, and verifying income. Additionally, a security deposit and the first month’s rent is a hurdle to clear for many applicants, which helps us choose a quality tenant. 

Finally, a well-written lease agreement can help prevent early lease terminations and eviction by clarifying what’s expected of qualified tenants.

What is a property manager's first responsibility to the owner?

The number one responsibility of an Oregon property manager is protecting the investment of the real estate investor. Everything residential property managers do can be traced back to this singular commitment to the property owner-- from placing a quality tenant to routine maintenance and upkeep.  


How do I manage my Oregon properties remotely?

Leave it to Mynd! 

With Mynd, we can handle a nationwide rental property investment portfolio. You monitor everything using our client portal. Here are just a few of the tasks Mynd will manage for you.

What are the three duties of a property manager?

There are three commandments that a property manager must follow above all else. 

  1. Represent the property owner’s best interest: A property manager must ensure the investor’s best interest. That means property maintenance and repair, placing qualified tenants, following the law, and maximizing tax deductions. 
  2. Represent the tenant’s best interest: To earn lease renewals, minimize vacancies, and reduce the risk of legal liability, property managers must be respectful and responsive. That means responding to maintenance issues ASAP, respecting tenants’ privacy and schedules, and getting tenant input. The priority is to make tenants feel valued!
  3. Respect and know the law: By keeping up to date with local, state, and federal regulations, investors are less likely to face financial penalties, legal liabilities are reduced, tenant safety is prioritized, and you get the full benefit of tax deductions.
Is hiring an Oregon property manager worth it?

Definitely! Here are just five of the many roles filled by property managers in Oregon.

  1. Financial Reporting: Property managers document the income that’s entering and leaving your rental property investment business, your funds in reserve and can help you maximize tax deductions.
  2. Project Managers: Property managers delegate maintenance and repair tasks. Since you're legally liable for what an employee does to your tenant or their rental home, building a network of trusted contractors is an essential professional real estate activity.
  3. Emergency Contact: If your toilet backs up and sewage starts spewing, you contact us!
  4. Legal Counsel: Oregon property managers keep up with all local, state, and federal laws, so your rental real estate is legally copasetic, your legal liability is minimized, and the law protects you, your tenants, and your investment property. 
  5. Tenant Relationship: Tenants are screened, placed, retained, and evicted by rental real estate managers.
How do Oregon rental management companies work?

For just 6% to 12% of collected monthly rent OR a flat fee ranging from $99 to $199+, you can hand over 100% of the property management activity to an experienced property manager. In addition to their many skills, experienced property managers have extensive networks and can employ economies of scale, which is when you leverage the large size of your project to negotiate a lower cost for materials and labor. 

Here's just some of the property management activity you can leave to Mynd.

  • 24/7 Emergency Support
  • Finding prospective tenants
  • Potential tenant screening
  • Dedicated portfolio manager
  • Digital leasing
  • Provide legal advice
  • Follow fair housing laws
  • Interact with your homeowner association if there is one
  • Electronic security deposit and rent collection
  • Financial reporting
  • Legal and compliance
  • Online portal
  • Qualified Tenant placement
  • Handling repairs, property inspections, and every maintenance request
  • And more
Where does Mynd offer Oregon property management services?

Mynd Property Management services the following areas of Oregon state, including:

And more cities that are coming soon!