Residential Frequently Asked Questions
What are typical advertising costs? $150-$200 a month for website and newspaper advertising.
Where does the company advertise its vacancies? Craigslist, on our website, The Oregonian and other local papers.
Can you prohibit pets? Yes. If you are willing to accept pets, we have a pet addendum and recommend a $500 pet deposit.
How do you screen tenants? We complete a credit and criminal background check. The employer and previous landlords are also contacted.
Is there a rental application fee? Yes, anyone applying to rent must fill out a rental application and $45 is collected from each applicant over the age of 18.
When will I receive my monthly financial report and check? Financial reports and client draws are mailed on the 10th of each month.
Is the landlord before the current one checked as a rental reference? Yes.
What’s the timetable for dealing with a tenant who won’t pay and won’t leave? A 72-hour notice is issued, then an eviction “FED” hearing is requested.
Is the owner present at the move-in and walk through? No.
Do you use one year leases or month to month agreements? We require a one year lease, unless instructed otherwise by our client.
How many people are employed by Bluestone & Hockley Real Estate Services? Over 100.
What happens if during the course of the agreement, I want to sell the property? Can I terminate the agreement? Yes, with a 30-day written notice, or upon buyout or termination of the lease.
Does the contract with the lessee specifically exclude allowing the renters to make any “improvements” to the property? Yes.
How do you handle poorly maintained landscaping issues? We send a yard letter to the tenants with a time frame for clean up. If the property is not cleaned up within that time frame, we send out a crew and bill the tenant.
What do I need to provide in the rental properties? In the Portland marketplace, rental properties are expected to be furnished with range, refrigerator, and window coverings. You are not expected to provide a washer and dryer.
Do you rent furnished units? Could I store personal items in the basement? We do not manage furnish units and strongly encourage you to remove all personal property from the house.
