In what areas do you manage rental properties?

We manage long-term rental properties throughout Bend, Redmond, and Sisters, as well as the surrounding Central Oregon region. Our local knowledge of these sub-markets helps us price rentals correctly, reduce vacancies, and maximize owner returns.

How much does your property management cost?

Our pricing is simple and transparent. Your two largest fees will be our monthly management fee, which is 8% per month, and our tenant placement fee, which is 50% of the first month's rent. We can send a tailored proposal after reviewing your property and goals.

How do you determine the rental price for my home?

We perform a thorough analysis of your Central Oregon property viewing local rental comps, neighborhood trends, seasonality, and property condition to determine a market-accurate rate. Our goal is to find the perfect balance between strong cash flow and low vacancy.

How do you screen tenants?

We perform a thorough screening process to evaluate credit, monthly income, rental history, criminal background, and overall fit. We follow Oregon’s Fair Housing guidelines to ensure equal opportunity screening for every applicant.

How do you handle maintenance and repairs?

We coordinate all maintenance on your behalf using only licensed and insured Central Oregon vendors. For non-emergency repairs, we notify you before work is performed. For emergencies, we act quickly to protect the property and keep your tenants safe — then notify you promptly.

Can I switch to Legacy if I’m already with another Bend property management company?

Of course! We regularly assist owners transitioning from other property management companies. We handle the lease transfer, tenant communication, and onboarding to make the process smooth with no disruption to your tenants.

Do you work with real-estate agents and brokers?

Absolutely! Our biggest clients have been referrals from Central Oregon agents and brokers alike. We partner with agents to facilitate the transfer of your property from sale to management. Just let your agent know you're working with us and we'll be present at every step of the process.

Do you work with real-estate investors?

Now you're speaking our language! Being investors ourselves, we specialize in helping investors grow long-term wealth through data-informed strategies. Whether you’re local or out-of-state, we provide financial guidance, market data, and property performance insights to help you scale your portfolio.

Do you manage furnished or mid-term rentals?

While our bread and butter is long-term rentals in Central Oregon, we can certainly evaluate your goals and advise whether long-term, mid-term, or furnished rentals make the most financial sense.

Do you manage short-term rentals?

Unfortunately, no. We love the flexibility that STRs offer owners AND it requires a very different structure and toolset from a management perspective. We are happy to recommend a handful of trusted partners that can help with your STR.

What makes Legacy Property Management different?

Outside of being of cool people in general? We're investors — which means we manage your property with an owner’s mindset. We combine high-touch service, proactive communication, and data-driven decisions to help owners build long-term wealth with better returns and less stress.

Bend · Redmond · Sisters · Black Butte Ranch

Should you rent or sell your home?

Name: Legacy Property Management
Rating: 5

Plug in your home’s value, your loan and the rent you’d expect. You’ll see both paths side by side after selling costs and federal and Oregon taxes, with a free PDF report. No cost, no obligation.

Rent or Sell?

Run Your Numbers

Start with your home’s value and loan, then answer three quick tax questions. Results update as you type.

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Rather talk it through? Every home is different. Call and we’ll walk through your numbers with you, no pressure either way.

Inside the calculator

What Your Rent vs. Sell Report Looks At

The calculator runs in your browser and updates as you type. Nothing is saved unless you ask for the PDF report.

Your home’s value, what you paid and major improvements, which set your tax basis
Your loan balance, rate and years left, paid down month by month
Rent, vacancy and days to lease from our latest Bend, Redmond and Sisters reports
Management, leasing, maintenance and capital reserves at real Central Oregon rates
Property tax under Oregon’s Measure 50 cap, landlord insurance and HOA dues
Federal and Oregon tax: the primary-residence exclusion, depreciation, recapture and passive-loss limits
What your sale proceeds could earn instead, invested at 7% a year

Why the three-year window matters

If you lived in the home for two of the last five years, up to $250,000 of gain ($500,000 for married couples) can be tax-free when you sell. Rent it for more than about three years after you move out and that exclusion is gone. That’s why renting for three years and then selling can beat a longer hold. Move the holding-period slider and watch the answer change.

More Than a Calculator

The math is solid. What it can’t do is know your home.

It doesn’t know whether your kitchen was redone last year or still has the original counters, whether your HOA limits rentals, or that a house with a fenced yard on a quiet street leases faster than the same house on a busy road. It starts from market averages, and averages hide a lot.

That part is ours. Legacy Property Management leases and manages homes across Bend, Redmond, Sisters and Black Butte Ranch, and we publish what we see in our Central Oregon rental market reports. A free rental analysis swaps the average for a real rent range on your home.

Run the numbers first. If the answer surprises you in either direction, that’s worth a fifteen-minute call. And for the tax side, bring the PDF to your CPA.