How Senate Bill 91 Affects Our Industry

How Senate Bill 91 Affects Our Industry

A proposal for new legislation drafted by the Oregon Landlord-Tenant Coalition hosts a suite of issues that affect the management of rental properties. Among the many items in the proposed Amendment to Bill 91 is renters insurance, tenant screening requirements, and fees for tenancy violations. Below is a summary of the key points of this … Continue reading

Residential Rental Market Trend Update

Residential Rental Market Trend Update

Residential vacancy rates continue to be the lowest in years.  Middle of  second quarter of 2013 the vacancy rate at CPM is 2.61%.  The Southern Oregon Rental Owners Association is reporting a slightly higher rate of 2.90% and the National Association of Realtors (NAR) is forecasting nationwide vacancy rates below 3.9% by the end of … Continue reading

Medical Marijuana And Property Owners

Medical Marijuana And Property Owners

In property management, there is always something new. As they say, it’s the nature of the beast. In Oregon, the voters passed the Medical Marijuana Act in 1998 authorizing the use of medical marijuana, and exempting such use from criminal liability under state law.  How to handle this law as a housing provider has been … Continue reading

Yep – We Do HUD Housing Too!

Yep – We Do HUD Housing Too!

CPM Real Estate Services is proud to announce the management of Mulberry Court, a HUD -Section 8- property.  HUD helps low-income families by providing rental subsidies through Section 8 certificates and vouchers, which help pay the portion of rent that families can’t make.  In order to qualify for rental aid, families must meet certain income … Continue reading

We All Love Kudos!

We All Love Kudos!

As a property manager expert – I came to this title by what is lovingly referred to as the school of hard knocks. I don’t think any of us started out with life goals to be “Property Managers.”  Those of us in the business know it can be a very difficult profession but when I get a … Continue reading