For Portland, Oregon, area residents, there are distinct benefits to living in Fox Management Inc. managed properties, including reliability and responsiveness to maintenance concerns. The full screening criteria for our managed properties is posted at the Fox Management Inc. website, and we recommend careful review of all criteria to ensure a successful application. Our $45 application fee is non-refundable, even in cases where the application is denied or the prospective tenant decides not to rent from us.
Fox Management Inc. applicants should be aware that basic requirements include verified monthly household income of at least three times the stated monthly rent, or a qualified roommate or cosigner. Cosigners must have a very good established credit history, with home ownership preferred. Employment requirements extend to one year of steady work, or self-employment status verified through state records. Excellent credit is also required, with no bad debts in excess of $100 reported from credit agencies. In cases where income, employment, or credit requirements cannot be met, a security deposit equal to 1.5 times the monthly rent may be accepted. Additional criminal conviction criteria apply to all applicants, regardless of income levels and employment status.
Fox Management Inc. is scrupulous in contacting landlords and employers, verifying that prospective tenants meet approval. We request that applicants wait two business days for this information to be verified. At the time of approval, Fox Management Inc. requires the refundable security deposit and other deposit money payments within 24 hours. It is our policy to never hold units for more than two weeks. In cases of application denial, individuals have recourse to appeal through Fox Management Inc.’s Equal Housing Opportunity Manager. We will undertake thorough review of every appealed application, notifying petitioners of the outcome within seven business days.
Fox Management Inc.’s occupancy policy is on a per-bedroom basis, with two persons allowed per bedroom, and certain exceptions made for children under the age of two. Our firm is committed to meeting disabled accessibility requirements, and allows modification of existing premises at the full expense of the qualified tenant with disabilities. If the applied-for property accepts pets, an additional deposit of $250 is standard, as well as a $10-15 monthly pet rental fee. Fox Management Inc. offers prospective tenants access to a full listing of available units at foxmgmtinc.com.
Tressa Rossi, licensed Real Estate Broker and President of Fox Management Inc., was recently nominated for an Orchid Award. Ms. Rossi received the nod in recognition of her outstanding contributions to the Portland business and real estate scene. Every year Portland honors 25 notable women business leaders with the Orchid Award. Presented to women in a cross-section of the community, the prestigious award recognizes their professional accomplishments as well as the exceptional contributions to the community they have made. Women nominated for the award are noted for such qualities as leadership, resilience to adversity, and professional as well as personal dynamism and verve. The Orchid Award is shared by women who have made lasting marks on the business environment and community of Portland, Oregon. Given the wealth of women participating in the diverse, lively and thriving atmosphere of this area, the award is truly an honor and only given to the best of the best. The nominees for each year are divided into the following categories: Woman Entrepreneur of the Year; Woman Executive of the Year for Small and Medium Business (less than $25 million in annual revenue); Woman Executive of the Year for Large Business; and Woman Executive of the Year for Nonprofits. The winners are announced at the awards ceremony, which is always a fun, extravagant affair, offering a great networking opportunity for all who attend as well as the chance to celebrate the achievements of superlative businesswomen.
The National Association of Residential Property Managers (NARPM) was born out of a network of single-family home fee managers, who gathered in the late 1980s to share information, tips, and support. Residential property managers had largely been isolated from each other and were often carrying out their roles without education or training. The need for a central organization became immediately apparent, especially as the advent of computer records made it possible for one person to manage several properties at a time, making it a viable career. Ralph Tutor, an employee of Real Estate Software, Inc., began conducting property manager seminars around the country, bringing these professionals together for the first time. In 1987, an organizational meeting in Dallas, Texas, forged a nonprofit trade organization for residential property managers, electing Tutor as its first president. A year later, the organization started to take hold, creating a newsletter that is still printed today, the Residential Resource, and organizing a national convention that was held in late 1989. The NARPM continues to hold an annual convention for industry professionals. By the early 1990s, NARPM addressed the need for central education by instituting four one-day courses. The NARPM now offers an extensive range of training classes that address a number of issues that property managers encounter. The courses can be applied toward multiple professional designations for property managers. Beginning as only a handful of ambitious property managers, the national network of over 2,000 members is now managed through 68 chapters throughout the country. The NARPM continues to evolve as each chapter works toward furthering the growth of property management professionals. Currently, the organization is developing a national legislative committee and creating a stronger online professional network. Being a part of the NARPM is an incredible professional resource and it is exciting to take part in the group’s exponential growth.
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