One of the best ways to increase both your cash flow and your long-term ROI as a Portland rental property investor is by placing and retaining high quality tenants. Not only is it good for your rental income, it’s also good for the condition and value of your property.
Vacancy is expensive. When you are constantly moving one tenant out and another tenant in, you’ll find yourself paying a number of expenses, including utility costs, maintenance, cleaning, and marketing. The best way to avoid vacancy is by keeping the tenants you currently have in place. Low turnover will usually indicate a great investment performance.
