Wednesday, May 4, 2022

News Roundup: US Rent Growth | Oregon's Confusing Payments Practice | Plus: 5 Summer Maintenance Items

Apartment list reports that rents in the United States increased an average of 0.9% in April with rent vacancies at 4.6%. Read more on the Rental Housing Journal website. 

Oregon has extremely confusing application of payments requirements for rental owners that can result in significant problems for landlords who handle partial payments improperly, as attorney Brad Kraus explains.  

What five maintenance items should be top of mind before summer? 

  1. Anything involving things you need where the supply chain may be an issue
  2. Maintenance supplies for your pool and spa, if you have one
  3. Communicate early and often with residents about what to do in a heat emergency
  4. Conduct a HVAC system check - including filters
  5. Landscaping - resetting watering and replenishing plants

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