Tuesday, January 15, 2013

Community Associations Facts & Figures Nationwide



  • Almost 2 million volunteers serve on community association boards, with tens of thousands more serving as committee members.
  • There are at least 314,000 community association annual meetings every year, at least 2.5 million association board meetings and an estimated one million association committee meetings a year. 
  • Combined, the estimated value of these community association governance services is about $450 million. According to one estimate, about 26 percent of the eligible U.S. Population volunteers at some point during a year; community association leaders volunteer continuously during a year-a large percentage of them for many years.
  • In 2011, association boards supervised the collection of close to $40 billion in annual assessments and maintained investment accounts of more than $35 billion for the long-term maintenance and replacement of commonly held property.


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

Wednesday, January 9, 2013

Time to Cashout!


The business of investing in portfolios of distressed single-family homes has come to the point in its current cycle (in specific markets) that investors who got into the game early are beginning to cash out.

Surging demand for entry-level homes that can be rented out is creating windfalls for investors who bought homes at deep discounts a few years ago.

Single-family rental homes are finishing out 2012 as one of the hottest real-estate assets as more investors look for ways to bet on a housing recovery. Home prices have climbed this year amid rising demand and big declines in the number of homes for sale. Investors have contributed to this trend by scooping up homes and holding them off the market. Mom-and-pop investors have long dominated the single-family rental space, but over the past 18 months, larger investors have begun acquiring thousands of homes and developing the infrastructure needed to manage scattered rental properties.

American Residential started buying homes in Phoenix and expanded to Las Vegas, Southern California, Georgia and Florida. Others like Colony Capital LLC and Blackstone Group LP also are trying to put together a rental business in multiple markets. American Residential raised $224 million in a private stock offering in May and has formed a private real-estate investment trust. It plans to file for an initial public offering in the coming year.

National home prices were up by 6% from one year ago in October, according to CoreLogic, a real-estate research firm. Until now, bulk sales have been limited to small sales of one or two dozen properties, and sales of homes with tenants in them have been even rarer. Fannie Mae in February marketed eight pools of 2,400 homes for sale, with most of them rented out. But the mortgage-finance company opted against selling any in bulk. Instead, it entered into three joint-venture arrangements this past fall that effectively sold minority stakes in seven of the pools.

A version of this article appeared Dec. 26, 2012 in The Wall Street Journal



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



Tuesday, January 8, 2013

A New Beginning - 2013



 
I wrote this short article over 10 years ago and every year I try to embrace the concept of a new beginning.

The Book of Opportunity; Every person can begin again. Start with anticipation. Open the book. The pages are blank. Write your own story. The book is called Opportunity and its first chapter begins now.

Albert Einstein was ahead of his time; he described insanity as doing the same thing over and over again and expecting different results. Commit to not doing the same thing over again and expecting different results.

What can we do to expect different results? The obvious answer is to do things differently! Doing things differently can be of a varying scope in both our personal and professional lives; from continuous improvement, which involves small ongoing changes, to a radical and significant lifestyle change.

  • How does change come about? Identifying the change process follows five steps:
  • Recognition of a trigger indicating that change is needed
  • Clarification of the end point, "Where you want to be"
  • Planning how to achieve the change
  • Accomplishment of the transition

And finally maintenance to ensure the change is lasting or until you decide to write a new Book of Opportunity


Wishing you a healthy, peaceful & prosperous 2013!

Carmen Villarma
President



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

Sunday, January 6, 2013

Remodeled Cottage in Lincoln Neighborhood

Cute, Remodeled 3+ Bedroom Cottage in NW Lincoln Neighborhood!


4203 NW Lavina Street, Vancouver, WA 98660
PICTURES | MAP
Located in the upper Lincoln area, this home has been completed remodeled and extraordinarily well-kept. Originally built in 1956, the property fools you with its quaint looking exterior but large interior floor plan. Fir hardwood floors grace the main floor from the entrance to the living, dining room and kitchen. Enjoy your wood fireplace with brick mantle on those cold evenings while basking in the view of the Oregon hills' bright lights.

Your kitchen comes equipped with stainless steel appliances, gorgeous counters, and plenty of cabinetry. Wander downstairs to the extra room, made master bedroom which hosts a second wood burning fireplace and allows access to the patio and back yard. The patio itself is covered and a perfect haven for enjoying the summer days without getting directly hit by the sunlight. The backyard is also fully fenced! Local School are Lincoln Elementary, Discovery Middle, and Hudson's Bay High. Large pets are welcome with $500 deposit. Hurry and apply today before this home is rented! JP

By applying for this unit you acknowledge that you have read, understand, and accept the Rental Criteria. Click on this link (or copy into your browser): https://www.tmgnorthwest.com/forms/disclaimer.php?st=wa Additionally, applications submitted without payment will not be processed until payment is received. A property is NOT reserved until the deposit to hold has been received.

Square feet: 2,212

Amenities

  • Area: Lincoln
  • Type: House
  • Style: 2-Story
  • Year Built: 1956
  • Floors: Carpet & Vinyl & Hardwood
  • Fireplace: Wood
  • Dining Room: Area
  • Parking: Double Garage
  • Garage Opener: 1
  • Fence: Full
  • Sprinklers: Yes
  • Laundry: Hookups
  • Heat: Gas Forced Air
  • Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Pets?: Large Possible
  • Lease Term: 12 or 23 Months
  • Deposit: $1200
  • Nonrefundable Fee: $275. Pet Deposit: $500/$800
  • Pet Nonrefundable Fee: $150
  • Other Terms: Non Smoking & LBP

Rental Terms

Rent: $1,725.00
Security Deposit: $1,200.00
Available Now!

Map of 4203 NW Lavina Street, Vancouver, WA 98660

Contact Us

The Management Group, Inc.
(360) 892-4000 or (800) 678-6199
www.TMGnorthwest.com

Saturday, January 5, 2013

Apartments for rent in Portland OR


Mention you saw this ad on our Blog and get your $50 application fee back after move in!

Welcome to Halsey East!
These town homes have 9 foot ceilings, white woodwork trim throughout, very open and spacious! The Master bedrooms have vaulted ceilings and each home comes with an attached garage!
Excellent I-84 access, just 15 minutes from downtown and a short trip to the Gorge!
 

Floor Plans


Amenities


2 & 3 bedrooms

1 – 2 car attached garage

A/C available

All appliances included

On bus line

Large decks/Patio

Full-size Washer/Dryer

Large pets allowed (Breed restrictions apply)

Location - View Map
16909-16992 NE
Halsey St Portland, OR 97230


Phone - (503) 260-0741

Email:
HALSEY EAST APARTMENTS
 

Friday, January 4, 2013

Modern Condo for rent in Beaverton

Modern 2 Bedroom 1.5 Bath Condo, Sunset View, Close to Max, 24 Hour Fitness and Nike!


12600 SW Crescent Street, #206, Beaverton, OR 97005
PICTURES | VIDEO | MAP
You will LOVE this stylish single level condo that exudes a natural amount of light with it sunny southern exposure. Enjoy the beautiful sunset views from your full balcony during the evenings while overlooking the pond out back. The dramatic wall angles and floor to ceiling windows in the living room brighten up the room and expand the feel of the layout. This contemporary floor plan also features bamboo flooring in the kitchen and dining area, tan carpeting in the living room and tile in the bathrooms. The kitchen includes custom lighting, stainless steel appliances and modern grey cabinetry; the table and two chairs seen in the pictures below also come with the property. The master suite with walk in closet is very charming and you'll enjoy the detailed top standard finishes throughout. Small pets are okay. A flat fee of $194.14 will be due in addition to rent for W/S/G, AC/Heat and Gas. Hurry and schedule your tour today! AH/JF

By applying for this unit you acknowledge that you have read, understand, and accept the Rental Criteria. Click on this link (or copy into your browser) https://www.tmgnorthwest.com/forms/disclaimer.php?st=or Additionally, applications submitted without payment will not be processed until payment is received. A property is NOT reserved until the deposit to hold has been received.
Square feet: 1,160

Amenities

  • Area: Beaverton
  • Type: Condo
  • Style: Ranch
  • Year Built: 2003
  • Floors: Carpet & Hardwood
  • Fireplace: Gas
  • Dining Room: Area
  • Parking: Assigned Parking
  • Laundry: W/D Included
  • Heat: Gas Forced Air
  • Air Conditioning: Yes
  • Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Pets?: Small Only
  • Paid Utilities: W/S/G/Lawncare
  • Lease Term: 9 or 15 Months
  • Deposit: $1200
  • Pet Deposit: $500
  • Pet Rent: $25/Month
  • Other Terms: Non Smoking & Shown by Apt Only & CC&Rs & OSP

Rental Terms

Rent: $1,495.00
Security Deposit: $1,200.00
Available Now!

Map of 12600 SW Crescent Street, #206, Beaverton, OR 97005

Contact Us

TMG Property Management Services NW
(503) 858-1226 or (800) 678-6199
www.TMGnorthwest.com