Moving During Coronavirus: 6 Steps for a Safer Move
Moving is not easy at any time; but especially during a pandemic. Some people might be able to delay moving plans, but if you can’t, you may be very concerned about how to do it while taking the necessary safety precautions. Below are 6 tips. Find and Tour Your New Home with TMG. Our website …
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Rental Properties and Taxes: What You Need to Know
Tax time is approaching quickly. Here’s a brief introduction to what property investors need to know about types of taxes on rental real property. What Tax Form Do I Use to Report Rental Income? Rental income is reported on your tax return using Form 1040, Schedule E. You’ll list your rental income, expenses, and depreciation. …
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Should I Manage My Own Rental Property?
We all know that investing in rental real estate is one the best things you can do for your portfolio. But, as you may have already experienced, it is a large time commitment and requires a lot of knowledge and effort. Whether you are thinking about becoming a landlord for the first time, or the …
Senior Living Properties Remain In High-Demand
RENTALS FOR ACTIVE ADULTS AGES 55+ The oldest retirement (or senior living) community in the United States — ironically named Youngtown — is in Arizona. It’s older now than many of the folks who first took up residence there back in the late 1950s. Funny thing, though: It’s no longer an exclusive retirement community; the …
Property Management Responsibilities: The Management Group
What are the responsibilities of a property management company? Why might property owners and real estate investors choose to hire a property management company? In a previous blog post, we went into some detail regarding what a property management company does. You can find that post here. For this blog post, we thought we’d delve …
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What Does A Property Management Company Do?
The Management Group manages apartments, plexes, single-family homes, condominiums, and other properties in Washington and Oregon. If you’re in the market for a property manager, it might be helpful for you to know exactly what it is we do. In fact, a lot of people — property owners and otherwise — ask what property management …
What Is a Rental Concession?
Is your investment property sitting vacant for too long? Many owners think the only option is to reduce the rent, but that is not always the case. What does TMG do in lieu of reducing the monthly rent? First, consider what the current rent is set at. What does the market say? If the rent …
How Is Market Rent Determined?
There is no perfect formula to determine market rent, but there are many tools TMG uses to make sure the rental prices we set are in line with the current market. Our goal is to make sure we’re maximizing your investment property by getting the highest rent we can secure, while minimizing vacancy loss. Remember, …
Vancouver Is One of the Top 100 Places to Live
View the story on KGW. An excerpt is below. Vancouver is among four Washington cities to make a national list of the Top 100 Places to Live. The list, published by Livability, specified affordability as the most important attribute and excluded any city with a median home value higher than $250,000. Sorry, Portland. Oregon’s largest city …
Winterization Tips
With bad weather continuing to hit us from all angles, it’s not too late to take steps to guard your property against extreme weather. Here are a few steps that can assist you in preparing your home for extreme weather conditions. </h3 > Remove all hoses from the exterior hose bibs and install thermo hose …