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Property Management Blog

How much does it cost for a handyman to do repairs on a rental property

Mendell Gosnell - Tuesday, May 24, 2016

How much does it cost for a handyman to do repairs on a rental property in Albany, OR

Repairs and maintenance issues on your rental property can be one of your most expensive line items. 

Simple repairs that can be done in just an hour or two can end up costing several hundreds of dollars with many of the local handyman service companies or a local contractor.  Throughout the Mid-Willamette Valle... read more >>

How should I handle landscaping at my rental property?

Mendell Gosnell - Monday, March 21, 2016

How should I handle landscaping at my rental property?

Landscaping issues tend to be a hot topic, especially with owners of rental homes.  The conversation usually begins by the homeowner asking us if we can find a tenant that will take care of all the landscaping.  We generally respond with, “we can sure try”.  We always want to do our best for our owners.  However, time has taught us many lessons especially in the department of landscape upkeep.  Generally speaking, tenants do not take ... read more >>

Avoiding risk with your rental property.

Mendell Gosnell - Wednesday, February 17, 2016

Avoiding risk with your rental property.

With risk comes reward, however unnecessary risk brings liability that can cost you everything.  One of the biggest risks in rental property is in regards to negligence.  An owner or landlord of rental property can be negligent if they should have been aware of an issue and failed to address and resolve the problem.  This can take many forms but often we see it in regards to safety issues at the rental property.  For instance, a loose handrail that... read more >>

An Interesting Dilemma

Mendell Gosnell - Wednesday, January 13, 2016

An Interesting Dilemma

The definition of a “dilemma” is:  A situation in which a difficult choice has to be made between two or more alternatives, esp. equally undesirable ones.

Well, there are plenty of dilemmas in property management.  One of the common dilemmas we deal with on a daily basis is that Owners generally do not want a lot of maintenance done on their property and yet the #1 reason tenants move out is that maintenance issues are not being dealt with.  Coupled with the fact that ... read more >>

Investing in Real Estate in Salem, Oregon

Mendell Gosnell - Monday, December 28, 2015

Investing in Real Estate in Salem, Oregon and the Mid-Willamette Valley

Investing in rental property or investment real estate is a great idea.  In fact as the old saying goes, “don’t wait to buy real estate, buy real estate and wait”.  Or in similar fashion, if the best time to buy real estate is 20 years ago, the next best time to buy is today.  However, “where you buy” is very important.  As everyone knows the oft repeated cliché in real estate circ... read more >>

Should I accept pets at my rental property?

Mendell Gosnell - Thursday, December 17, 2015
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Should I accept pets at my rental property?Deciding if you should accept pets at your rental can be a tough question.  And if you decid... read more >>

The High Cost of "Cheap" Property Management

Mendell Gosnell - Tuesday, October 6, 2015
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The High Cost of ‘Cheap’ Property ManagementIt is not the up-front cost that matters or whether your property is being managed f... read more >>

Case Study

Mendell Gosnell - Tuesday, September 15, 2015

In this month’s Blog I would like to showcase a property that is in the process of being repositioned.  This property was purchased in December of 2013 by a local investor and client.  Centurion was involved in the pre-purchase evaluation process and was entrusted with the oversight and management of the property.  Here are the details of the deal…

Purchase price: $1,361,000

Top 10 Mistakes Property Owners Make When Managing Their Own Properties in Salem, OR

Mendell Gosnell - Monday, August 24, 2015
In this blog, we are sharing our list of the top 10 mistakes that landlords and investors make when they’re managing their own propert... read more >>

Should I Accept Pets at my Rental Property in Salem, OR?

Mendell Gosnell - Monday, August 17, 2015
Today we’re talking about whether you should accept pets in your rental property. We get this question a lot from current clients and ... read more >>

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