Eastside Bend Property Management That Maximizes Your Rental Income and Eliminates the Stress

Have you tried to advertise a property on Bend’s east side and found your efforts have been in vain? We know the feeling. We have seen many clients who have failed to stand out among the competition. It can be tough to see an investment struggle to get the traction it deserves. This is why we can be such a good investment ourselves. Our marketing has been proven for years, helping to shine a light on properties all across Bend. Marketing methods vary from property to property, but we have a particular focus on online listings on the popular rental platforms. We first get all eyes focused on your property, with new images taken for every part of it. The east side competes on value against the west side rather than on prestige, and being straight about that in the listing works better than pretending otherwise. We handle all correspondence, including arranging showings.

On the face of it, property management sounds like a piece of cake. Find a tenant, put them in place, collect the rent, repeat. If only it were so simple. Property management is one of the most complex things to take on, especially if you arrive thinking it will be easy. Until tenants are settled and the foundations are in place, a property can be in constant flux and require constant communication and supervision. Are you looking for a way to deal with the daily tasks involved? Let us help. We can take on every task, including the initial process of preparing a property for rent and then advertising it to find a long-term tenant. Eastside Bend spans a wide range, from older neighbourhoods close to the highway out to newer subdivisions toward the airport side, and those are different products with different tenants. Once a tenant is in place, we become their port of call.

We have seen the negative impact that the wrong tenant can have. Landlords always pick a tenant in good faith based on the information provided. The biggest mistake, though, is a lack of attention paid to the applicant’s credentials – simply taking their word at face value has cost many property owners dearly. At Utopia, we take a strict approach. All applicants are given close attention. This means a thorough review of their rental history, professional background and financial position, with previous landlords spoken to and a full credit check run. Our published standard is a minimum credit score of 625, good to excellent rental history, verifiable gross household income equal to three times the monthly rent, no evictions, and any bankruptcy discharged at least two years ago. Only applicants who make it through that analysis will be put forward.

The finances of any property are a confusing matter to deal with. Unless you have taken an accountancy course, it can feel like learning long division all over again. Many of our clients love earning money but hate accounting for it. We can take on this most tedious of tasks for you. We have an accounting department that handles the day-to-day financial checking and stays on top of any financial management needs you have. Why is this useful? For one, you can stop dealing with spreadsheets. It also means that come tax time, you simply refer to the monthly and annual statements we provide, with capital items called out rather than buried in the maintenance line. That is not all. We also handle the collection side: all deposits and rent are paid directly to us, which makes sure rent arrives on time and in full, and we then pass payments on to you.

Given the range of property ages across Bend’s east side, maintenance is our main day-to-day project here. Some of this housing dates back decades while other parts of the area went up in the last twenty years, meaning the work varies street by street. Finding the right contractor is not easy. We have some of the best contractors around on our team, and contacts in the industry to rely on. Every person we put on a job, either from our in-house team or our network, is qualified, insured, licensed and experienced. Central Oregon adds a factor owners from the wetter side of the state underestimate: hard winter freezes work on roofs, gutters, decks and exposed plumbing, and an unheated crawl space in January is a burst pipe waiting to happen. We handle all maintenance work, from scheduled check-ups to emergencies in the early hours.

Have you ever found yourself in a legal dispute with a tenant? Then you will know how hard that can be. If you have never dealt with it, you are lucky. Disputes can arise for all manner of reasons, ranging from a tenant feeling disrespected to the lease agreement not being legally accurate. The rules in Oregon change regularly – the statewide cap on annual rent increases is recalculated each year, and a set notice period applies before one takes effect – so agreements need amending to fit the law of the day. We know it is hard to keep up with all of this, so why not leave the lease writing to us? We have a legal department that handles these issues. Every agreement is written free from needless jargon to maximize understanding, reducing the risk of confusion emerging later.