Author: Real Property Associates

What's the Right Business Entity for Your Seattle Rental Properties?

What's the Right Business Entity for Your Seattle Rental Properties? Hiring a property manager is one of the best ways to protect your Seattle rental properties—but it's not the only protection you need. If a renter suffers an injury on your property, you could be liable. Without the right business incorporation for...

What To Do When You Discover More Renters Than Are On the Lease in Your Bellevue Property

What To Do When You Discover More Renters Than Are On the Lease in Your Bellevue Property You carefully screen renters before allowing them to move into your Bellevue rental properties. Good residents take care of your properties, pay the rent on time and follow the rules.  What happens when you discover more people living in your...

What To Do When Tenants Disappear and Leave Belongings Behind

What To Do When Tenants Disappear and Leave Belongings Behind As you grow a real estate investment portfolio in Seattle, you'll encounter a wide variety of renter situations. Whether they're coming, going, or renewing a lease for another term, no two residents are the same.  What happens when a renter moves...

A Property Manager Is the Best Rental Property Protection

A Property Manager Is the Best Rental Property Protection Investing in Seattle real estate is one of the most effective ways to build long-term income, but it's not without risks. A successful real estate portfolio provides consistent monthly income—until something goes wrong and you don't have a plan or...

Budgeting For Maintenance Protects Your Properties

Budgeting For Maintenance Protects Your Properties What's your rental property maintenance budget? Successful Bellevue investors know that planning and budgeting for routine maintenance (and emergency repairs) helps maximize ROIs and reduce overall costs. However, without the right approach to...

What Kind of Insurance Coverage Do Landlords Need?

What Kind of Insurance Coverage Do Landlords Need? Your homeowner's insurance isn't enough! Operating rental properties in Seattle means you own and operate a business. With a business comes the need for the right insurance coverage to protect your properties, income, and business from potential...

Investing Basics 101: Insight From Seattle Property Managers

Investing Basics 101: Insight From Seattle Property Managers Don't underestimate the foundations of real estate! Success as a Seattle rental property owner requires a commitment to basic principles, strategies, and practices that help your properties stand out, stay occupied, and generate the most income for...

Is There Such a Thing as Too Much Rehab for Home Rentals in Seattle?

Is There Such a Thing as Too Much Rehab for Home Rentals in Seattle? Did you overdo it on your last rental property rehab project? If you spent more on renovations for your home rentals in Seattle than you're able to recover with a reasonable monthly rent price, you did too much.  Making smart upgrades is a good idea...

Invest in Our Area Long Distance With Seattle Property Managers

Invest in Our Area Long Distance With Seattle Property Managers Real estate investors with big goals often look outside of their local rental markets to grow larger portfolios. The income from a few rental properties is an excellent way to build more long-term wealth. More properties in more markets (like...

Should I Make Renters Insurance Mandatory for Home Rentals in Seattle?

Should I Make Renters Insurance Mandatory for Home Rentals in Seattle? Please note: This article is not legal advice. For up-to-date information and guidance, reach out to your attorney or Real Property Associates. Owning a profitable Seattle rental property requires the right strategies for success while avoiding...

Advanced Rental Payments: Insight From Seattle Property Management

Advanced Rental Payments: Insight From Seattle Property Management Please note: This article is not legal advice. For up-to-date information and guidance, reach out to your attorney or Real Property Associates. It is not uncommon for investors to encounter renters at some point in their career as property owners...

Real Estate Entities: Insight From Seattle Property Management

Real Estate Entities: Insight From Seattle Property Management Please note: This article is not legal advice. For up-to-date information and guidance, reach out to your attorney or Real Property Associates. When you don't own multiple rental homes in Seattle, you may think the easiest option for handling...

Forms of Discrimination in Housing: Seattle Property Management Tips

Forms of Discrimination in Housing: Seattle Property Management Tips Please note: This article is not legal advice. For up-to-date information and guidance, reach out to your attorney or Real Property Associates. As a Seattle property management company, it's not uncommon for us to see a preference in investors to...

Out-of-State Investments Are Easy With Seattle Property Management

Out-of-State Investments Are Easy With Seattle Property Management The average price of a home in the Seattle area was $760,000 in 2019; in Bloomington (Indiana's most expensive city to call home), it was only around $261,000. This steep difference in value isn't the only reason why Seattle has been a desirable...

Here's How to Grow Your Portfolio With Seattle Property Management

Here's How to Grow Your Portfolio With Seattle Property Management Real estate is one of the best bets that you can make as an investor, and the kind of home rentals Seattle has are no exception. If you buy the right property at the right time, and work with experienced Seattle property management to manage it,...

Successful Portfolios Need the Best Property Management Seattle Offers

Successful Portfolios Need the Best Property Management Seattle Offers When it comes to full-service property management Seattle investors can count on, We come out on top for the seasoned real estate investors we serve.However, property management services aren't the only crucial element you need to successfully grow...

When Should You Hire Property Management Seattle Offers?

When Should You Hire Property Management Seattle Offers? The time and heartache that it takes to manage a rental property in the Seattle area can be a real hassle. You'll need to be ready to take care of major maintenance issues promptly People are going to call you for maintenance and repairs You'll need...

Growing Portfolios With Tips From Seattle Property Management

Growing Portfolios With Tips From Seattle Property Management Real estate investments are a solid vehicle for anyone looking to break out of the 9 to 5 lifestyle, achieve financial stability, and secure retirement. However, growing a profitable real estate investment portfolio takes a lot of...

Beginning a Portfolio With Seattle Property Management

Beginning a Portfolio With Seattle Property Management Sustainable wealth is built upon a foundation of real estate investments in the Seattle area that are held long term for the sake of your financial future. The more assets, the merrier—although the workload can quickly get extensive. With the help...

Seattle Property Management Services Make Renting to Pet Owners Easier

Seattle Property Management Services Make Renting to Pet Owners Easier Contrary to popular belief, renting out your single-family homes, condos, or apartments to renters with pets can be beneficial. It gives you access to a wider pool of potential renters, and as a Seattle property management company will tell you,...

A Seattle Property Management Guide to Rental Property Tax Deductions

A Seattle Property Management Guide to Rental Property Tax Deductions Being a Seattle rental property owner can be a great feeling: you're building a lasting legacy for yourself and your family—plus, it’s a great source of long-term income! However, to experience the benefits of real estate and the Seattle rental...

Home Rentals, Seattle Renters, and Reasonable Accommodation

Home Rentals, Seattle Renters, and Reasonable Accommodation If you own and operate home rentals, Seattle investors, it’s your responsibility to make sure that all of your renters are well-cared for, regardless of their needs—and this includes people with disabilities. For instance, if someone in a wheelchair...

Professional Maintenance Makes Seattle Property Management Worth It

Professional Maintenance Makes Seattle Property Management Worth It As any Seattle property management firm will tell you, real estate gains in the Seattle area have the potential to be non-stop. You just have to keep your rental property running in ship-shape through consistent maintenance.  However, are you:...

Dodge These Common Mistakes for Your Home Rentals, Seattle Investors!

Dodge These Common Mistakes for Your Home Rentals, Seattle Investors! In his book Good to Great, writer Jim Collins observed that 'Great vision without great people is irrelevant.' For a Seattle property owner, bringing a great vision to reality takes hard work, a healthy appetite for risk, and a lot of time. However,...

What Traits Should You Seek in a Seattle Property Management Company?

What Traits Should You Seek in a Seattle Property Management Company? There are over 847,000 employees providing property management services in the United States alone. Yet, even with all those choices, it’s still easy to end up with the wrong Seattle property management company without proper research. However, if...

Get Shorter Vacancy Cycles for Your Home Rentals, Seattle Investors!

Get Shorter Vacancy Cycles for Your Home Rentals, Seattle Investors! Warren Buffet simplified investing into two rules when he said, 'Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.' However, if a Seattle-area property owner has long-term vacancy cycles, they’re breaking rule number one: the most...

How a Seattle Property Management Company Supports Property Owners

How a Seattle Property Management Company Supports Property Owners Whether it’s due to a lack of mental bandwidth—or only having a single pair of arms—most people struggle to juggle. Barbara Walters once remarked, 'Most of us have trouble juggling. The woman who says she doesn’t is someone whom I admire but have...

'Professional Tenant?' You Need a Seattle Property Management Company

'Professional Tenant?' You Need a Seattle Property Management Company Every business has assets and liabilities. For a Seattle-area rental property owner, one of the biggest liabilities can be a 'Professional Tenant.' Not only can they be a waste of time and money, but the frustration they cause can feel like a job in...

Difficult Renters in Your Home Rentals, Seattle Investors? Do This

Difficult Renters in Your Home Rentals, Seattle Investors? Do This You could be the fairest and most flexible property owner imaginable, but that doesn't mean you're not going to encounter difficult residents. No matter what you do, it seems impossible to make one of these renters delighted—or even just satisfied!...

Building Your Portfolio With Seattle Property Management

Building Your Portfolio With Seattle Property Management Whether you want to generate passive income or build long-term wealth, investing in rental properties is an excellent option. Finding the best rental properties at the right time with an experienced Seattle property management partner is your first...

Key Marketing Benefits for Investors Who Partner With Seattle Property Management

Key Marketing Benefits for Investors Who Partner With Seattle Property Management Being a rental property owner in Seattle is advantageous for a wide variety of reasons—including being a source of additional income. However, owning rental property comes with many added responsibilities in order to generate a profit, and part of...

Should You Hire a Seattle Property Manager to Handle Your Investments?

Should You Hire a Seattle Property Manager to Handle Your Investments? Purchasing investment property means you have two options: You can handle the day-to-day functions yourself You can work with a skilled Seattle property manager. If you're the type who likes everything to run like clockwork—including your rental...

Evictions Now: Insight From Seattle Property Management Companies

Evictions Now: Insight From Seattle Property Management Companies When property owners decide they need a renter to move out after repeated lease violations, they can go through the legal eviction process, should this process not run afoul of our new winter eviction moratorium. However, before property owners can...

Top Success Tips for Investors From Seattle Apartment Managers

Top Success Tips for Investors From Seattle Apartment Managers Becoming a residential rental property investor means you must go through a learning curve. While you may have experience as a renter in the past, that doesn't qualify you as a rental property owner! As Seattle apartment managers, we understand that...

Seasonal Maintenance Tips From Seattle Rental Management

Seasonal Maintenance Tips From Seattle Rental Management Making your rental property a profitable investment involves maintaining it every season. In this guide, we're outlining what investors can do each season to ensure their rental units and the surrounding landscaping is clean, safe, and up-to-date....

'Smart' Upgrades for Home Rentals Seattle Investors NEED to Make!

'Smart' Upgrades for Home Rentals Seattle Investors NEED to Make! Something is exciting about being part of the technological age, especially when those modern conveniences incorporate into your home. The best part is that renters don't have to be left out of the fold! There are many opportunities for your home...

Screening Still Matters | Tips From Property Management in Seattle

Screening Still Matters | Tips From Property Management in Seattle The economy is not at its best point right now, and there is a lot of uncertainty, which makes having a vacant Seattle investment property more anxiety-inducing than usual. While it might seem like a good idea to hand a lease and keys over to the...

When Evictions Are Banned | Tips From Property Management in Seattle

When Evictions Are Banned | Tips From Property Management in Seattle Figuring how to survive (or better yet, thrive) during a crisis can tax all of your property management and business management skills. When life and business function as usual, you have plenty of tools at your disposal to manage your Seattle...

The Best Rental Upgrades | Tips From Property Management in Seattle

The Best Rental Upgrades | Tips From Property Management in Seattle What are some of the best ways landlords can improve the ROI for their Seattle rental properties? In addition to being an excellent landlord, it might be time for some property upgrades! As a top provider of property management in Seattle, we're...

Increasing Renewals and ROI | Tips From Property Management in Seattle

Increasing Renewals and ROI | Tips From Property Management in Seattle Seattle residents have an incredible amount of choice in the marketplace. From homes provided by independent landlords to REITs consisting of blocks of houses, apartments, and townhomes, there is a bevy of options available for renters to choose...

Communication in a Disaster | Tips From Property Management in Seattle

Communication in a Disaster | Tips From Property Management in Seattle It can be scary and concerning for Seattle renters when they can't get in touch with their landlord! Under "normal," everyday conditions, your residents need to know they can reach you if they have a maintenance emergency. They also appreciate quick...

Black Lives Matter

Real Property Associates, Inc believes Black Lives Matter. We stand in solidarity with the Black, Indigenous and People of Color of our community and will work together to dismantle systemic racism in our society. A task long overdue.

Thriving in a Crisis | Tips From Property Management in Seattle

Thriving in a Crisis | Tips From Property Management in Seattle Is your real estate portfolio recession-proof—or at least, recession-resistant? Take it from property management in Seattle: investors can't count on a steady, positive economy year after year without any fluctuations. What happens to your...

Maintenance and COVID-19 | Tips From Property Management in Seattle

Maintenance and COVID-19 | Tips From Property Management in Seattle Handling routine maintenance and property repairs are hands-on tasks. When social distancing requires different protocols, how can landlords keep up with the maintenance that your properties need to stay in good condition? What happens when...

Creating Crisis Plans | Tips From Property Management in Seattle

Creating Crisis Plans | Tips From Property Management in Seattle No one wants to have to plan for, acknowledge, and live through a crisis—but being unprepared when hard times strike can make it difficult to recover. Your investment properties are one of the most stable ways to generate passive long-term...

For the Best Property Management, Seattle Landlords, Make Payments Easier!

For the Best Property Management, Seattle Landlords, Make Payments Easier! Enforcing rental payments can often be a challenge—even when an economic crisis isn't affecting how your residents can pay the rent. When dealing with social distancing and a crisis like COVID-19, collecting the rent becomes more difficult for...

Property Management | Seattle Homeowners: Should You Become a Landlord?

Property Management | Seattle Homeowners: Should You Become a Landlord? As the best property management Seattle offers, it's understandable to us that an uncertain real estate market could change your plans to sell your Seattle home right now. Even when the market is unrestricted, and showings are at a peak, selling...

Property Management | Seattle Landlords: Your Renter Relationships Matter!

Property Management | Seattle Landlords: Your Renter Relationships Matter! As the best property management Seattle offers, we know that landlord-renter relationships can quickly deteriorate during a crisis without a plan to maintain a positive atmosphere. When an economic disaster affects your residents' abilities to pay...

Payment Plans for Struggling Residents | Seattle Property Management Tips

Payment Plans for Struggling Residents | Seattle Property Management Tips As a Seattle property management professional, we always recommend that property investors set the rental rate for their Seattle rental properties based on their unique rental analysis results. As as provider of the best property management Seattle...

What to Do If Residents Can't Pay Rent | Seattle Property Management Tips

What to Do If Residents Can't Pay Rent | Seattle Property Management Tips If you haven't seen it yet yourself, property owners could soon experience residents struggling to pay the rent. With the current COVID-19 crisis, the state of the economy is making it hard for many people to keep their jobs and pay their bills....