Why should I screen tenants?

Holland Properties • August 31, 2022

When owning a rental property, the first thing to be aware of is the fact that new tenants will be moving in, but how do you know which tenants are the correct ones?

Tenant screening is the process of verifying the history, credibility, and trustworthiness of a prospective renter. This can be done by asking tenants to provide certain documents, such as credit reports or public records, or doing it electronically with their authorization for a smoother overall process.

Going over all of this data is hard and vital work, and it must be done for every property on the market. However, the time invested in it will yield great results in the end. Why? Because you can make sure that you are placing the right tenants in the right property, this will save you time and money to handle unwanted situations or lower the odds to deal with emergencies.

When screening, we want to ensure that all necessary criteria are met as taking care of your investment involves placing individuals who have a track record of paying rent timely, taking good care of the property they are occupying, etc.

There is no guarantee of an issue-free tenant or overall lease term, nonetheless, performing a thorough screening increases the likelihood of finding a great tenant, and with them, peace of mind. At Holland Properties, we thoroughly screen all tenants before signing a lease. We ask them for all the required documentation and certify we find a great tenant for your property.

Here’s a shortlist of the criteria we evaluate:

Valid ID
Criminal Record
Income and employment verification
Credit Score
Rental References
Pet or Assistance Animal Screening

We are great team players! If you manage your own home or you are an investor, working with us will save you time to find the right person by screening them properly, and just creating a smooth transition to the new lease, periodic property reviews, and everything that is required.

Let us handle it and enjoy the peace and free time that we can provide you!

Give us a call and we will find the right tenant.

503-533-2121 ─ ext. 51

main@hollandprop.com

sales@hollandprop.com

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What to Look for in a Property Management Company

By Holland Properties • July 1, 2024

When choosing a property management company, there are several key factors to consider to ensure your investment yields steady income and maintains its value. The right property management company can significantly impact your returns, tenant satisfaction, and overall property condition. Here’s what to look for: 1. Local Knowledge and Expertise Understanding the real estate market requires extensive local knowledge. A top-tier property management company should have a thorough understanding of the distinct characteristics of the local area. 2. Optimizing Revenue Innovative marketing techniques to minimize vacancies and ensure properties are leased swiftly are essential. This includes professional photography, virtual tours, and targeted online advertising to attract a broad pool of potential tenants. 3. Comprehensive Property Care Maintaining your property in excellent condition is vital for preserving its value and attractiveness. Look for a property management company that oversees all aspects of property upkeep, from regular property reviews to urgent repairs. This proactive approach helps identify and address minor issues before they become major problems, saving you money in the long run. 4. Legal Expertise and Compliance This includes everything from fair housing regulations and lease agreements to health and safety standards. By managing all legal matters, the property management company safeguards your investment and provides reassurance. This expertise is crucial in avoiding legal pitfalls that can result in costly fines or litigation, ensuring that your property operations run smoothly and within the bounds of the law. 5. Clear and Effective Communication Effective communication is essential for successful property management. A reputable company will keep you informed about your property's performance and any maintenance concerns. Regular financial reports and availability to address your questions give you confidence that your investment is well-managed. 6. Technology-Driven Approach Advanced software solutions streamline everything from tenant screening to maintenance requests, ensuring efficient and effective management. Using technology to serve you and provide better access to the information you need to know keeps you informed and involved every step of the way. 7. Commitment to Success and Integrity A commitment to your success and integrity in property management should be at the core of any company you choose. Transparency is crucial; you need a team that keeps you fully informed and owns the outcome of their actions. Look for a property management company that prioritizes honest communication, accountability, and a dedication to maintaining the highest standards in all their dealings. 8. Solid Guarantees Solid guarantees are a testament to a property management company's confidence in their services and their commitment to your success. Look for companies that offer clear and robust guarantees to provide peace of mind and assurance that your investment is in capable hands. These guarantees might include rent collection guarantees, maintenance response time guarantees, and tenant placement guarantees. Such assurances demonstrate the company's dedication to delivering consistent, high-quality service and their confidence in meeting your expectations. Why Holland Properties, Inc? At Holland Properties, Inc., we exemplify all these qualities and more. Serving the desirable Portland metro area, including Hillsboro, Beaverton, Aloha, and Tigard, we are the highest-ranked property management company in the region thanks to our unmatched local expertise and comprehensive services. Our leaders are investors themselves, ensuring a deep understanding of your needs. Our commitment to success, integrity, and transparency ensures your investments are competitive and well-maintained. Contact us today to discover how we can help you achieve your real estate investment goals. 503-533-2121 main@hollandprop.com

5 key benefits of hiring a property management company

By Holland Properties • February 12, 2024

When considering the management of rental properties in Oregon, especially for property investors who might not have the time or expertise to manage properties themselves, hiring a property management company can provide several key benefits. Here are five significant advantages tailored specifically for property investors: 1. Local Market Expertise A property management company based in Oregon, particularly one familiar with the greater Portland area including Beaverton and Hillsboro, brings invaluable local market expertise. This knowledge is crucial for setting competitive rental rates, understanding local laws and regulations, and effectively marketing your property. Holland Properties, Inc., with its deep understanding of the local market dynamics, can help you maximize your investment's profitability while ensuring compliance with all local ordinances and state laws. 2. Efficient Tenant Placement and Management Finding the right tenants is fundamental to the success of your rental investment. A reputable property management company has the resources and processes in place to screen tenants thoroughly, ensuring you have reliable tenants who pay on time, take care of your property, and generally cause fewer problems. Holland Properties, Inc. offers comprehensive tenant management services, including rigorous screening processes, lease negotiations, and tenant communications, which can save you time and reduce the risk of rental income loss.