TMG Property Management Services NW, helmed by owner and founder Carmen Villarma, is named one of the Top Women-Owned Businesses in Oregon and Clark County, per the Portland Business Journal’s 2020 Ranking based on number of employees. TMG moves into the Top 5 spot this year, up from its 7th spot in 2019, as it …
TMG Property Management Services NW, one of Portland Metro Area’s top property management firms, was awarded the management contract of Blanton Commons, the first Portland market multifamily acquisition of San Diego-based real estate investor and operator, Vanamor Inc. Blanton Commons is a 4-story midrise apartment property with 32 units located in the sought-after Beaverton neighborhood …
Introduction On September 1, 2020, the Department of Health and Human Services (HHS) Centers for Disease Control and Prevention (CDC) issued an Agency Order halting residential evictions through December 31, 2020. The Order is replete with legalese and is therefore a bit complex. The purpose of this lecture handout is to translate much of the …
(This Eviction Moratorium has since been updated last September 1, 2020. Read the Federal Update.) In the wake of the COVID-19 pandemic, state governments throughout the country have enacted emergency measures imposing moratoria on evictions. The following is a summary of emergency orders and proclamations issued in Washington and Oregon affecting evictions and lease …
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. …
Rental Properties and Taxes: What You Need to Know Read More »
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 …
7 Reasons to Invest in the Pacific Northwest Thinking about investing in Pacific Northwest real estate? Now is the perfect time to make the move. Here are our top 7 reasons to invest in the Pacific Northwest.1. JobsHigh tech companies flock to this area. The Portland area has been nickmnamed the “Silicon Forest” due to …
WHAT IS GROSS RENT MULTIPLIER? The ratio of a property’s price to gross rental income. It tells you how long it will take for an investment property to pay for itself. For a prospective real estate investor, a lower Gross Rent Multiplier (“GRM”) represents a better investment opportunity. Similar to other property valuation methods, GRM is effective …