All Forum Posts by: Mathew Wray

Brandon Turner I've never had to evict a tenant with special needs. But I do often have groups of special needs students come through my business where we help them practice skills to get full time jobs down the road. Where this overlaps with your question is that I've found that some independent special needs people have a work or life coach to help them keep on track with day to day things like paying rent and job performance. The coach is there to help if there is an issue. We've used job coaches to help deal with attendance, hygiene, and staying on task. They often have great relationships and are trusted advisers to the person. Perhaps your tenant has a work coach, social worker, or other trusted person who can help get your point across?

Good luck and let us know how it goes,

Mathew

Ian,

Welcome to Bigger Pockets! Like Brandon Turner said, dig through those articles, spend a few dollars to buy professional leases, and don't be afraid to say no to a prospective tenant and you'll do fine. You're obviously a smart guy so my guess is you'll pick up on things really fast. I'm down in Portland and looking forward to the Portland meetup, hopefully I'll see you there. If you have any specific questions or need some help don't be afraid to reach out and I'll give you any advice I can.

Welcome!

Mathew

Tucker,

I'm so glad you've posted and looked forward to hearing your podcast. I've looked at buy, tear, build in-fill in Portland before and it seems like it'd work. You're proof that it does! I love this city and think there is so much potential that is overlooked...I'm happy that you're able to take advantage of it!

Bravo!

Mathew

Perry Rosenbloom I was just wondering if you had an update? I've been watching this thread with interest and wanted to know if you'd found a renter from the craigslist interest?

Welcome aboard Heidi...

How's the investment world of Newport? I have thought of trying to buy out on the coast as I'd love to retire there (sooner rather than later). Are you planning on continuing with the vacation rentals as you expand into residential...I'm just curious if you'll find much overlap?

Welcome to the forums Garold Radke! Like Jeff said it sounds like you're in great shape. Having an experienced partner and money to spend sounds like a problem I'd love to have someday. We all start somewhere right? Anyway, welcome to BP...it's been a great free education for me! Oregon has it's challenges but is so beautiful how could we not want to live here?

Howdy all...I'm looking for a good general handyman in the greater Portland area. I have a fantastic contractor who does great work. But I'm looking for a general purpose handyman who can do basic things (dryer vent installation, moisture barrier repair in crawlspaces, shimming warped doors, etc). The only recommendation I've gotten so far turned out to be a complete flake and hasn't returned any phone calls. Do any of my Oregon colleagues have a recommendation for me? If all else fails it'll be, "ye olde Craigslist"

Thanks for the feedback everyone...

As mentioned, I do have my PM license in Oregon so I'm legal. I work a full time job and am slowly practicing PM on the side. I'm using this time to learn, in practice vs. theory, the day to day running of a PM company so that when I make the jump to full time I've got policies and procedures in place and wont have to ask as many questions like this. For the record, I'm very upfront with my clients that I'm new and that I have a full time job "on the side". So far everyone has appreciated my honesty ad forthrightness

8-12% is pretty standard here in Portland from what I've seen with 12% being the owner with one SFR and 8% being condos and multiple units under contract.

Kelly N.

We talked about finding another tenant if the first one didn't work out and that I'd be charging another fee to help them place another tenant. I think they're more concerned with having a buffer in place (with me) to screen and make sure that all of Oregon's laws (of which there are a ton!) regarding renters are followed to get them in. And to let me be the one to turn less than ideal tenants away.

I'll definitely pencil out the math with a long term contract vs. a hybrid/placement-only model and see what their costs could be. I'm trying to help them get what they need...

Hello all,

I've tried searching the forums with no luck for answer to my question.

I have a potential owner who is moving out of state and is looking to rent out her house. They don't want a traditional property manager as they have a lot of local connections and contractors and are confident of their ability to get a problem fixed quickly even from out of state. What they are looking for, and what I'm proposing to help with, is to get help finding and placing tenants. They'd like to let me advertise, find, screen, sign binding leases, and conduct move in/out for them while they're away. It seems like a pretty reasonable deal to me and both parties should be happy. The property is great and in a good neighborhood so finding quality tenants shouldn't be super difficult.

What should I charge? I was thinking somewhere in the $250 range sounds reasonable. Is that way low or does anyone have a set up with their PM company where they do the same thing?

Thanks for any help!

Welcome to BP Ratho. I've had difficulty finding anything in the area either as far as REI groups. I think that with the success of the Washington meet-up we'll be getting one together down here in the Portland area.