Real Estate Blog - Blog Archive: July, 2016

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July 2016

Found 5 blog entries for July 2016.

The Portland Business Journal just came out with this article on rental prices in Portland. Here is what they had to say-

In Portland, you can get a room in a house. So says a new report from apartment search company ABODO, which took an informal look at rentals in nine fast-growing cities across the country to see what a tenant could get for about $1,000 a month. In North Portland, the company found a bedroom for rent in a Craftsman home built in 1912.

For $950 per month, the tenant gets one bedroom and use of the common spaces of the home, which sits on the edge of the Alberta Arts District.

"Portland clearly has a lot to offer — a great food scene, a growing tech sector and the weather, for the most part, is mild. These are selling points

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It always feels great to get rid of the things you don’t need. One option for decluttering is to haul everything to a donation center, or perhaps even a dump (where you’ll have to pay to get rid of your stuff). But with a little more effort, you can get rid of the things you no longer need and get some extra cash: have a yard sale. Here are some tips for a successful sale.

Marketing: Hey, even a yard sale needs some marketing and advertising! Post flyers in your neighborhood, set up a sign down the block directing traffic to your sale, and post the information about your sale online.

Go to the bank: Garage sales are typically a cash-only operation. Buyers won’t have exact change, so go to the bank and get several rolls of change and various

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You’re probably well aware that there’s more to real estate than just owning your home. There are countless success stories of people who made a fortune—or even just a comfortable extra income—by investing in real estate. Here’s an overview to get you thinking about an investment property.

Improving a home
Quickly flipping a home is one way to make money off a real estate investment, but it can be risky. A safer play is to buy a fixer upper and carefully manage costs over a year or so as you improve the property. You’re likely to get a great return.

Rental properties
Instead of selling your investment property, you can rent it and make a good monthly profit if the rent exceeds your costs. Renting to a stable, reliable tenant can put extra money in

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Winter is hard on your home. The weight of snow puts stress on your roof, and the cold expands and contracts the materials your home is made of. Now that winter weather is behind us, here’s where you should start with post-winter home maintenance.

Roof and shingles: It’s pretty common for shingles to get damaged or detach completely after a long cold winter. Thoroughly inspect your roof to ensure that shingles are in good condition and the roof is structurally sound. It may not be time to replace your roof yet, but consider how many more years it has left and start preparing a budget.

Check your gutters: The weight of heavy melting snow and debris is more than enough to make your gutters sag or loosen. Clear out all the leaves and other debris

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If you just bought your first home, you’re probably still celebrating and feeling the sense of pride and accomplishment that comes with home ownership. You’re shopping for furniture, drawing up plans for renovations … but wait! There are some important tasks to cross off your list before you get to the fun stuff.

 1. Change the locks: A lot of people came in possession of your keys during the home sale process, whether it was on the market for a year or a day. Protect yourself by changing all the locks, just in case a set of keys fell into the wrong hands.

 2. Make copies: It’s good to have copies of all your closing documents, if only for reference. But in the worst case, you’ll be thankful you have your own copies if something goes wrong.

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