Furlo Property Management Responsibilities

When you hire us, you’re handing over the day-to-day management of your property so you can focus on the bigger picture. Our role is to handle the details: finding great tenants, keeping the property in good shape, making sure the books balance, and staying on top of Oregon’s rental laws.

Owning rental property can be stressful if you try to do everything yourself. By letting us handle the operations, you save time, avoid headaches, and reduce risk. We see ourselves as your partner — you set the goals, and we make sure the property runs smoothly so those goals can be met.

1. Tenant Management

   1. Advertise vacancies, show units, and screen applicants.

   2. Handle leases, renewals, rent collection, and late notices.

   3. Address tenant complaints or issues, including legal notices and evictions if necessary.

2. Maintenance & Inspections

   1. Coordinate all routine and emergency repairs with trusted vendors.

   2. Get your approval for large expenses.

   3. Conduct inspections: initial 90-day after move-in, then annually. Extra inspections available if requested.

3. Financial Management

   1. Maintain your property funds in a regulated client trust account.

   2. Require a reserve balance (minimum $500) for routine expenses.

   3. Provide monthly owner statements with income, expenses, and distributions.

   4. Keep records for at least six years after management ends.

4. Legal Compliance

   1. Enforce your rental agreements consistently and legally.

   2. Ensure compliance with Oregon Landlord-Tenant law.

   3. Serve notices, handle filings, and represent your property in necessary proceedings.

5. Recordkeeping & Communication

   1. Keep detailed records of all transactions, communications, and vendor work.

   2. Provide timely updates and respond promptly to your questions.

   3. Store tenant files, lease copies, and property documentation securely.

6. Protecting Your Investment

   1. Proactively recommend repairs, improvements, or updates to preserve long-term value.

   2. Stay on top of tenant compliance to prevent costly issues.

   3. Act as your representative in emergencies, protecting both tenants and property.

• Tenants call us, not you.

• Bills, maintenance, and compliance are handled by us.

• You receive clear statements and updates without needing to micromanage.

• Problems are addressed before they become crises.

• Owner Responsibilities – What we need from you to manage successfully.

• Management Agreement Overview – The foundation of our partnership.

• Owner Fees Explained – How compensation works for services we provide.

• Property Inspections – When and why we perform them.