Renting out a property in Portland comes with more than a little risk. At Performance Properties, we work hard to mitigate the risk that’s often involved in the leasing process. We want to make sure you have good tenants in place. We know there are specific and strict laws that limit what we can do during the screening process. Our talent is in striking the right balance between rigorous screening and legal compliance.
We care about your property, and our consistent, fair, and legal screening process reflects our commitment to you and your entire investment portfolio.
Placing and Retaining High Quality Portland Tenants
We’re looking for well-qualified tenants.
We screen for good tenants who can be counted on to pay rent on time without reminders or prompting.
Our definition of a well-qualified tenant is someone who will take good care of your home, treating it with the respect and care it deserves. We’re looking for residents who leave behind minimal wear and tear and no damage.
We want tenants who follow the terms of the lease, communicate clearly, and work with us to protect your property.
Portland Tenant Screening Process
Fair housing laws prohibit us from looking too closely at certain things in a tenant’s background when we’re making a decision about whether to approve them for your property.
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That doesn’t mean we aren’t careful about establishing criteria and consistently sticking to our process.
We know a red flag when we see one. Our screening process includes:
- Evaluating finances
- Measuring income against rental amount
- Investigating rental history
- Verifying identification
We want to make sure the tenants we approve can afford the rent, and we want to confirm that former landlords would be willing to rent to these tenants again.
Our screening process is consistent, fair, and rigorous. We rarely have to evict any of the tenants we place, and we have a good relationship with our residents.
Legal Compliance and Tenant Screening
The federal fair housing laws provide some pretty strict guidelines about what can and cannot be considered during the screening process.
Portland’s laws go even further.
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If you’re not aware of the new first-come, first-served system in the Portland rental market, don’t try to screen and place your own tenants. It’s important that you approve the first tenants who qualify.
As professional Portland property managers, with a lot of experience navigating the law, we can ensure our process and your investment is compliant with every regulation.
There are recent limits on application and screening fees, income requirements, and a system of low-barrier screening criteria. It can be difficult to keep up with these rules. That’s why you hire experts. We follow the law without sacrificing our tested and true screening process.
Free Rental Analysis
What kind of rent can you ask?
Knowing the rental value of your Portland investment property is a critical first step in renting it and generating consistent income. We are experts in this real-estate and rental market, and you can use our tools, resources, and data to make smart decisions about what your property is worth as a rental. We price your home according to market trends, your property’s age, condition, and size, and, of course, its location.
Contact Performance Properties, Inc., for a free rental analysis or a competitive market analysis.
“Positive: Professionalism, Quality, Responsiveness, Value PPI has assisted me for many years. They have always been responsive and professional to my inquiries and requests for additional information.”
Performance Properties, Inc.
Services and Pricing
Tenant Procurement
Package |
“Our Best Care”
Package |
“Cast Your Cares Aside”
Package |
|
---|---|---|---|
Tenant Placement Fee | 100% of 1 Month's Rent | 50% of 1 Month's Rent | 50% of 1 Month's Rent |
Monthly Management Fee | No Monthly Fees | 8% Monthly Management Fee | 11% Monthly Management Fee |
Rent Assessment | |||
Marketing the Property | |||
Finding Tenants | |||
Tenant Screening | |||
Pet Screening | |||
Full Legal Compliance | |||
Convenient Rent Payments | |||
Accounting | |||
Property Maintenance | |||
Rent Collection | |||
Eviction Process Handling | |||
Property Accounting and Reporting | |||
Monthly Owner Statements | |||
Property Evaluations | |||
Owner and Tenant Portals | |||
Tenant Maintenance System | |||
Pet Guarantee | |||
Maintenance Guarantee | |||
Satisfaction Guarantee | |||
Eviction Guarantee | |||
Capital Improvement Evaluation | Upon Request | Upon Request | Upon Request |
HVAC Maintenance Agreement | Upon Request | Upon Request | Upon Request |
Tenant Procurement Package
100% of 1 Month's Rent
Monthly Management Fee:
No Monthly Fees
Rent Assessment
Marketing the Property
Finding Tenants
Tenant Screening
Pet Screening
Full Legal Compliance
Capital Improvement Evaluation
HVAC Maintenance Agreement
“Our Best Care” Package
50% of 1 Month's Rent
Monthly Management Fee:
8% Monthly Management Fee
Rent Assessment
Marketing the Property
Finding Tenants
Tenant Screening
Pet Screening
Full Legal Compliance
Convenient Rent Payments
Accounting
Property Maintenance
Rent Collection
Eviction Process Handling
Property Accounting and Reporting
Monthly Owner Statements
Property Evaluations
Owner and Tenant Portals
Tenant Maintenance System
Maintenance Guarantee
Satisfaction Guarantee
Capital Improvement Evaluation
HVAC Maintenance Agreement
“Cast Your Cares Aside” Package
50% of 1 Month's Rent
Monthly Management Fee:
11% Monthly Management Fee
Rent Assessment
Marketing the Property
Finding Tenants
Tenant Screening
Pet Screening
Full Legal Compliance
Convenient Rent Payments
Accounting
Property Maintenance
Rent Collection
Eviction Process Handling
Property Accounting and Reporting
Monthly Owner Statements
Property Evaluations
Owner and Tenant Portals
Tenant Maintenance System
Pet Guarantee
Maintenance Guarantee
Satisfaction Guarantee
Eviction Guarantee
Capital Improvement Evaluation
HVAC Maintenance Agreement
Locations
Areas We Serve
COUNTIES:
Clackamas County, Multnomah County, Washington County.
CITIES:
Portland, West Linn, Lake Oswego, Wilsonville, Milwaukie, Oregon City, Clackamas, Tualatin, Tigard, Beaverton, Aloha, Sherwood, St. Johns, Hillsboro, Gresham, Troutdale, Sandy, Canby, Estacada, Newberg, Damascus, Aurora, Hubbard, Woodburn, Gervais, Mulin, Molalla, Colton, Needy, and Salem.