Property Management Blog

The Uptown Properties team believes in the value of homeownership. I understand that purchasing a home in the Portland metro area can seem very intimidating. With an average sale price of $453,600 it can seem impossible to purchase your first home. Have no fear though! With over 6,500 active listings there are many more affordable h...

GET RICH SLOW PROGRAMAll we see on TV is people making tens of thousands of dollars in what seems to be a week. Flipping houses can be very lucrative, but it is also risky and lots of hard work. Accumulating rental properties is not as glamorous, but it can build passive income for life. “It is better to make a slow dime than a quic...

Join us for First Friday in Multnomah Village to celebrate Father's Day. We will have beer tasting as well as a motorcycle show! Don't forget your cameras!Check out our Facebook event and let us know if you will be joining us! 

Investment Info:Single-family residence buy & hold investment.Purchase price: $102,000 Cash invested: $100,000Contributors: AJ ShepardChris ShepardAfter our first project, we decided that we could take on a little more. We found this project in the weeds in MLS, at the time there was a lot of properties on the MLS in 2010. T...

Investing in real estate has many numbers and calculations involved when analyzing a deal. Some calculations include the cap rate, NOI, gross rent multiplier, and gross income but using the 1% rule can make analyzing a deal much easier. The 1% rule is when the monthly rental income generated from the property is equal to 1% of the pu...

Located close to the I-5 and 217 Tigard Triangle, The 72nd is a beautiful community being completed in 2019. The 72nd features luxury residences in a variety of styles, along with handy amenities like a rooftop patio, fitness room, and lower level commercial amenities. At The 72nd, we believe a true community should be in a location that ...

Investment Info:Single-family residence buy & hold investment in Portland.Purchase price: $89,000 Cash invested: $15,000Contributors: AJ ShepardChris ShepardThis was during the hayday of banks trying to get assets off of their books. This one went up for sale and we owned the one directly next door. They put the asking offer...

You want to self manage your property? Sure! But maybe you should let a licensed property management company help you find your tenants. Here's some reasons why:Tenant screening can be a complex process, and if you don’t have sufficient experience in the real estate industry, you might end up choosing a bad tenant. The main prob...

Investment Info:Single-family residence buy & hold investment. Contributors: Chris ShepardAj ShepardThis property was another great old house that has been grandfathered into the zoning that it resides. Proved to be tough for us to get financed, but we finally found someone willing to underwrite it. Being great walking distance to a l...

Saving for a down payment is one of the main reasons people do not think home ownership is an attainable goal. Many people intend to start saving for a down payment but life gets in the way. If you are considering putting 20% down on an average home in Portland you would be looking at about $90,000 out of pocket, not including closing cos...