Paul Kerley Acquires Grand Ronde Rental Properties

Oregon-based Paul Kerley has over 30 years of experience in the real estate business and has owned and managed Commercial Property Resources, Inc. since 1983. The company owns and manages about 1,000 residential rental properties in the Salem area and frequently expands its holdings. Recently, Mr. Kerley’s solely owned limited liability company Grand Ronde Village, LLC, purchased more than 40 residential rentals in Grand Ronde, Oregon.

Grand Ronde is a census-designated place in western Oregon. It had a population of 1,661 in the 2010 census, and rentals accounted for 42.9 percent of its occupied housing. Grand Ronde also hosts the state’s largest casino and top tourist attraction, Spirit Mountain Casino. The Bunn Family Limited Partnership formerly owned the units purchased by Grand Ronde Village. Most of the units possess fenced yards as well as garages or storage sheds and are equipped with washer/dryer hookups. The properties are located at 8625 Grand Ronde Road.                            

Centers of Excellence at Willamette University College of Law

Paul Kerley is the owner and president of Commercial Property Resources, Inc., a real estate investment firm based in Salem, Oregon. Prior to his work with Commercial Property Resources, Inc., Paul Kerley earned his juris doctor from Willamette University College of Law. This institution is home to two centers of excellence which focus on the education of students in two distinct legal areas.

Established in 2002, the Center for Constitutional Government is dedicated to helping its students understand the relationship between government and citizens, as well as the relationship between federal and state governments. Students that pursue studies from the Center for Constitutional Government can earn specialized certificates in law and government, or sustainability law. Additionally, the center hosts a collection of seminars, lectures, and symposia on public affairs which are open to all.

At the Center for Dispute Resolution, JD and MBA students at Willamette can earn certification in the legal practices of negotiation, mediation, and arbitration. In 1996, the center played a critical role in the resolution of a land dispute over part of the Willamette Valley, and continues to serve presently as a facilitator for disputes involving government entities and other organizations. The center also currently backs an online role-playing simulation exercise designed to prepare law students for situations in which they will need to utilize mediatory tactics to satisfy clients.                        

Rental Trends Favor Smaller Units with Better Prices and Locations

Dedicated to resident satisfaction and property maintenance, Paul Kerley is the owner and president of Commercial Property Resources, Inc., in Salem, Oregon. Paul Kerley owns and manages approximately 1,000 residential units throughout Salem and other parts of Oregon.

According to a recent article from Multi-Housing News, there is a new trend in the rental unit market that involves a high demand for so-called micro units, or rental properties that offer less space with greater amenities. The article states that renters are willing to sacrifice square feet for desirable locations, such as city centers, and more affordable prices. Despite ranging in size from 250 to 500 square feet, many micro units also entice renters with better amenities, including large closets, balconies, and high ceilings.

The article explains that micro units have grown in popularity due to a widespread rental supply shortage and greater demand for affordable units in urban locations. Along with supply-and-demand-driven interest, micro units appeal to renters who want to reduce their environmental impact and live in housing that is space-efficient, creative, and multifunctional. The article notes that smaller units have become more prevalent in cities across the United States.                              

Tips for Better Property Management

Salem, Oregon, real estate professional Paul Kerley has over 35 years of experience as a landlord and property manager. From single-family homes to condominiums and multifamily apartment buildings, Paul Kerley manages multiple properties. The most efficient and respected property managers follow certain business practices in order to foster positive landlord-tenant relationships.

Before signing a tenant, an efficient property manager establishes a reliable screening process. The careful screening of applicants will aid property managers in securing tenants who are responsible, reliable, and respectful of their landlords’ properties. In turn, to maintain a positive relationship with good tenants, property managers should make repairs and fulfill maintenance requests in a timely manner. It is important to provide advance notice before entering a tenant-occupied property.

It is also a good idea to make sure that all rental agreements and documents pertaining to the property are documented in writing and signed by both property manager and tenant. This helps to avoid potentially complicated situations that can arise when deals are struck via verbal agreement. Creating a walk-through checklist and completing the checklist as you conduct the pre-move-in walk-through with a tenant will help to establish the condition of the home prior to tenant move-in. Going through the same checklist process at the end of the lease period will help the property manager identify repairs that the tenant is responsible for. Additionally, landlords and property managers need to maintain the same set of rules for all tenants, as making exceptions can cause dissent among renters.

Hearthstone Apartments in Linn County

A graduate of Willamette Law School in Salem, Oregon, Paul Kerley is a real estate professional with more than 30 years of experience. Through his company, Commercial Property Resources of Salem, Oregon, Paul Kerley owns approximately 1,000 residential units. He is owner of several apartment complexes, including Heatherstone Apartments.

Located approximately 80 miles south of Portland, Heatherstone Apartments is in Linn County, a part of the Willamette Valley. A relatively sparsely populated area, Linn County is home to beautiful, undeveloped countryside. The area’s 22 parks provide easy access to hiking trails, fishing, and boating for local residents and visitors.

Constructed in 1968, Hearthstone Apartments consists of 38 units in two-story buildings. The apartments come with a parking space, kitchens with dishwashers, and a community courtyard. The nearest airport, Mahlon Sweet Field Airport, is approximately 50 miles away. However, Linn County is near Interstate 5, which provides a direct route to Portland and other destinations.                            

Three Ways to Streamline Your Property Management Activities

A successful real estate professional with considerable experience in the Salem, Oregon, area, Paul Kerley leads Commercial Property Resources. In this position, Paul Kerley maintains a heavy focus on the property management aspect of real estate. As property managers can attest, managing properties in an effective way requires streamlining activities whenever possible. Here are three ways to help your property management business cut costs and save time.

Go electronic: Although many real estate agreements are still carried out with paper and pen, the industry is quickly moving toward electronic record-keeping. Property managers enjoy access to a wide variety of specialty software programs that can help them stay organized and access documents quickly.

Set expectations with the property owner: Close communication with the property owner is a critical aspect of any property management operation. By establishing strict communication protocols with your property owner, you can ensure a free flow of key information.

Outsource: If your staff lacks a specific skill, don’t be afraid to contract the project out to a third party. If your contractor does a good job, keep his or her contact information on file for later use. Reliable labor is often hard to come by.

Oregon Symphony Offers Four Films with Live Musical Score Perfomances

Salem, Oregon, resident and Commercial Property Resources president Paul Kerley owns approximately 1,000 residential units throughout the states of Oregon and Illinois and possesses over 30 years of real estate experience. In his spare time, Paul Kerley enjoys attending performances at the Oregon Symphony, for which he owns a season pass. For the 2015-16 concert season, the Oregon Symphony is offering a Popcorn Package that enables audience members to watch full-length movies with musical scores performed by a live orchestra. 

Beginning in late 2015, the Oregon Symphony’s skilled orchestras and internationally acclaimed music directors will provide musical scores performed live in sync with four blockbuster films. The performances allow audiences to witness firsthand the creativity and dedication that go into film scores by watching the orchestra perform every note of the films' music. Additionally, it celebrates musical scores created by composers Danny Elfman, John Williams, Michael Giacchino, and Alan Silvestri. Performances are limited to one per film and take place approximately two to three months apart. 

Films included in the package are Tim Burton’s The Nightmare Before Christmas, the holiday classic Home Alone, the 2013 Star Trek reboot sequel Star Trek Into Darkness, and the 1985 film Back to the Future. The Nightmare Before Christmas starts the run on October 30, 2015, followed by Home Alone on December 19, 2015; the Star Trek Into Darkness performance takes place February 12, 2016 and the run concludes with Back to the Future on May 7, just in time for the film’s 30th anniversary. The Pacific Youth Choir and the Repertory Singers will take part in the performances. 

Oregon Symphony’s Popcorn Package allows subscribing members to attend all four performances for one set price. Package prices vary according to selected seating and range from $113 to $318. Tickets for individual performances may also be purchased. All performances take place at the Arlene Schnitzer Concert Hall in Portland.

For more information about featured films and ticket prices, visit the Oregon Symphony website at tickets.orsymphony.org/subscription/packageDetail.aspx?pkg=312.