Have you ever tried to save a few bucks by tackling a project yourself—only to realize later that it cost you more in the long run? You’re not alone.
In Bend and Redmond, where real estate investments are booming, we often see well-intentioned property owners trying to cut corners to save money. But when it comes to managing rental properties, those “small savings” can snowball into big losses. At Arise Property Management, we’ve seen this story unfold time and again—and we’re here to help you avoid becoming the next cautionary tale.
The High Cost of Saving a Few Bucks
It’s natural for property owners in Central Oregon to want to maximize profits. After all, real estate in Bend and Redmond is a major investment. But when you try to do everything yourself—marketing, maintenance, tenant screening, repairs—you risk making costly mistakes.
Let’s look at a scenario we see too often.
DIY Donny vs. Professional Property Management
Meet Donny. He owns a rental home in Redmond. A repair needs to be completed before he can lease the property again. Instead of hiring a licensed contractor, Donny decides to handle it himself to “save money.”
He works full-time, so he chips away at the project on evenings and weekends. But between other commitments and unexpected delays, it takes him two months to finish the repair.
Here’s how Donny’s “money-saving” decision actually plays out:
DIY Donny’s Breakdown
DIY Repair Costs: $1,200
2 Months Mortgage Payments: $1,100 x 2 = $2,200
2 Months Water & Sewer: $50 x 2 = $100
2 Months Electricity: $30 x 2 = $60
Missed Rent (2 Months @ $1,300): $2,600
➡ Total Out-of-Pocket and Lost Revenue: $6,160
Now compare that to hiring a professional property manager:
Arise Property Management Scenario
Professional Repair (Double the Cost): $2,400
Water & Sewer (1 Week): $11.66
Electricity (1 Week): $7
Missed Rent (1 Week @ Market Rate $1,400): $329
Property Management Fee: (Let’s estimate a modest percentage)
➡ Total Cost with Faster Turnaround: $2,747.66 + mgmt. fee
Central Oregon’s Rental Market Doesn’t Wait
In today’s competitive rental market, especially in fast-growing areas like Bend and Redmond, vacancies are costly. Not only do you lose out on rent, but delayed repairs can lower your property’s value and reduce the rent you can charge long-term. A poorly done DIY job may also lead to more frequent maintenance calls—or worse, legal issues due to code violations.
Why Property Owners in Bend & Redmond Trust Arise
At Arise Property Management, we specialize in maximizing your rental income while protecting your investment. Our experienced team handles everything—from repairs and inspections to tenant placement and rent collection—so you don’t have to.
By partnering with a local Central Oregon property management company, you gain:
Faster turnaround times
Access to licensed contractors and vendors
Local market expertise to price your rental right
Peace of mind that your investment is being professionally managed
The Bottom Line: You Can’t Afford to DIY
Don’t let short-term savings turn into long-term losses. Whether you own a rental in Northwest Bend or a duplex in Southeast Redmond, working with a professional property manager is one of the smartest decisions you can make.
Let Arise Property Management help you avoid the novice mistakes and truly grow your rental income in Central Oregon. Contact us today for a free consultation!
