Property Management Blog

Tuesday, June 4, 2019

The Uptown Screening Process
The Uptown Screening Process
Here at Uptown Property Management we hold ourselves to the standards of both equality and quality when it comes to our tenant screening and acceptance process. We do this by setting a consistent standard of criteria that all tenants must fall within and maintain and then we make sure hold all tenants to this without exception. To create ...

Saturday, June 1, 2019

GRAND OPENING
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Come Celebrate Our Grand Opening With Us!We have moved into our new space in Multnomah Village and want to share it with you! Come join us, Thursday, July 11th from 4-6:30 to officially welcome Uptown Properties to Multnomah Village. The ribbon cutting will be done at 5:30- let us know if you plan on stopping by and we look forward t...

Saturday, June 1, 2019

Home Ownership Pathway Program with Uptown Properties
Home Ownership Pathway Program with Uptown Properties
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...

Wednesday, May 29, 2019

"Get in the game, then wait."- Why I Invest In Real Estate
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...

Tuesday, May 28, 2019

First Friday in the Village: Father's Day Style
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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! 

Monday, May 27, 2019

Value Add with Capital Out
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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...

Tuesday, May 21, 2019

The 1% Rule in Real Estate Investing
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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...

Monday, May 20, 2019

Now Pre-Leasing modern living steps from downtown.
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 ...

Monday, May 20, 2019

Good Timing Can Be Everything
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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...

Thursday, May 16, 2019

Why let a licensed property management company help you find your tenants.
Why let a licensed property management company help you find your tenants.
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...

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