Property Management - Not for the faint of heart!

Thank you all for your comments and suggestions on our new & improved TMG Insider! You may view our latest issue HERE.  Out of those comments we've decided to produce the TMG Insider on a monthly basis rather than bi-monthly.

TMG manages multiple types of real estate: community associations, apartments, single family homes and commercial property. 2012 marks our 27th year in business! I've always joked that I'm going to write a book on all the wild and crazy things that happen in property management. With stories like finding a tenant dancing naked on the roof to reading an article in the Oregonian about a house fire that all were safe including the alligators then reading the address and realizing it was one of my own rental properties! This business is not for the faint of heart!

On more of a business note, the most common question I'm asked is "do you see the economy getting better in our area?" The answer is marginally; we are seeing some movement in people relocating to the area and a small increase in retail spending, although everyone is looking for that bargain. The number of residential home sales have increased with prices remaining flat. The Clark County/Portland Metro area is not losing jobs but we're not gaining many either. The bright spot is if you own investment property, vacancy is low and rents are trending upward.


Best Regards,
Carmen Villarma, CPM
President

The Management Group
Property and HOA Management in Vancouver WA and Portland OR
http://www.TMGnorthwest.com

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