Author: Real Property Associates

How to Keep Seattle Rental Properties Competitive: Home Office Spaces

How to Keep Seattle Rental Properties Competitive: Home Office Spaces It's no secret that rental property owners are feeling the pressure of the pandemic. With many people staying home during this time, property owners have to adapt to meet the needs of renters looking for more space to accommodate an at-home...

Do Schools Matter? How Investors Should Evaluate Bellevue WA Rental Properties

Do Schools Matter? How Investors Should Evaluate Bellevue WA Rental Properties Do schools matter? It's a question that Bellevue, WA rental property owners often ask when looking for a new investment. In this blog post, our property management team talks about evaluating nearby schools when choosing an investment property. ...

Key Factors to Valuing a Bellevue Rental Property

Key Factors to Valuing a Bellevue Rental Property Investing in a Bellevue rental property can be a lucrative business, but it requires some knowledge to get the best return on investment out of your properties.  Do you know the value of your rental property? Whether you're looking to buy a new...

How Home Tech Devices Can Make Your Seattle Rental Property More Profitable

How Home Tech Devices Can Make Your Seattle Rental Property More Profitable Successful rental property owners know how important it is to stay current with the latest trends in technology. The home tech industry has changed drastically over the last few years, and rental property management companies recommend adapting to...

Buying a Bellevue Rental Property: How to Consider Property Taxes

Buying a Bellevue Rental Property: How to Consider Property Taxes Looking for a new investment? Property taxes are one of the most important factors to consider when buying Bellevue rental properties. Bellevue real estate management companies will help you find new homes for rent by evaluating the rental...

The Secret to Calculating ROI for a Financed Rental Property in Seattle

The Secret to Calculating ROI for a Financed Rental Property in Seattle When investing in Seattle real estate, there are many factors to consider when determining the success of a property. One important metric is the return on investment (ROI)! Use ROI to determine the success of a single rental property, or use this...

3 Reasons Why It's Critical to Maintain Clean Bellevue Rentals: [Improving ROI]

3 Reasons Why It's Critical to Maintain Clean Bellevue Rentals: [Improving ROI] As a property owner, you know how important it is to keep your rental properties up to code and looking great. However, you might be wondering why property managers are specifically talking about cleaning your real estate investments in this blog...

Identifying New Properties: What Seattle Neighborhoods Should You Invest In?

Identifying New Properties: What Seattle Neighborhoods Should You Invest In? Seattle is a desirable city for renters and real estate investors alike! Rental properties are always in high demand. However, neighborhood quality can vary greatly, and not all neighborhoods are created equal for investors.  While some areas have...

Seattle Rental Property ROI: The Formula for a Cash Investment

Seattle Rental Property ROI: The Formula for a Cash Investment If you invest in rental properties with cash as your only form of investment capital, we have some insights for you to help analyze your success! While not every investor can buy a Seattle rental property with cash (and without financing) if you're...

Classifying Neighborhoods in the Real Estate Investment Industry

Classifying Neighborhoods in the Real Estate Investment Industry The real estate industry has plenty of variables when it comes to property values and making smart investments. Ask any Seattle property management professional about the most important aspects of a good rental, and they’ll likely say "location" is...

Renting to Pet Owners: What You Need to Know When Owning Home Rentals in Seattle

Renting to Pet Owners: What You Need to Know When Owning Home Rentals in Seattle Is it worth it to allow renters to bring pets into the best home rentals Seattle offers? If you've ever considered it, you know that it can be tricky to navigate! Understanding the laws about pets vs. service animals and how to develop a pet...

Return on Investment: Calculating ROI in Property Management

Return on Investment: Calculating ROI in Property Management Investing in residential property is an opportunity many take advantage of to build long-term income. However, before investors can purchase a property (or analyze profit), they must understand how to calculate ROI!  Seattle property managers help...

10 Ways to Increase Renter Retention: Insight from Expert Seattle Property Managers

10 Ways to Increase Renter Retention: Insight from Expert Seattle Property Managers Quality residents are hard to come by. Some renters pay the rent on time and take care of your property. Other tenants may never pay rent, damage what you own, and leave you in a mess. Cleaning up after bad renters and losing rental income hurts...

Bellevue Property Management Tips to Succeed with Income Properties! Education 101

Bellevue Property Management Tips to Succeed with Income Properties! Education 101 Investing in real estate is one of the more reliable (and popular) ways to create long-term wealth. However, as with other ways to invest, property owners can get burned without the right information and skills to succeed with income properties. ...

Tips and Tricks to Understand and Calculate ROI on a Rental Property with Seattle Property Management

Tips and Tricks to Understand and Calculate ROI on a Rental Property with Seattle Property Management Real estate investment professionals need an accurate assessment of their return on investment. Return on investment (ROI) is a key metric to help investors assess the profitability of a rental property. Seattle property management experts can...

10 Ways to Spend Capital To Attract Quality Renters (and Increase ROI): Property Management Seattle

10 Ways to Spend Capital To Attract Quality Renters (and Increase ROI): Property Management Seattle Real estate investors should always look for ways to increase their return on investment. Your ROI is a crucial metric to determine the success, or failure, of the rental property. One of the best ways to generate more income and boost ROIs is with...

Can Spending Money on Your Rental Property Help You Raise Your Profits?

Can Spending Money on Your Rental Property Help You Raise Your Profits? Any real estate investor who puts money into rental property aims to make a lucrative return on investment in the process. It allows property owners to generate consistent income and establish equity in an easy and relatively secure manner. However,...

How to Keep Quality Renters in the Best Home Rentals Seattle Offers

How to Keep Quality Renters in the Best Home Rentals Seattle Offers Investing in real estate is an ongoing cycle of working hard to deliver the best home rentals Seattle can offer, then finding (and hopefully keeping) the best quality renters in those properties. When finding excellent renters, property owners have...

Why Enforcing the Lease is Important (and How Seattle Property Managers Can Help)

Why Enforcing the Lease is Important (and How Seattle Property Managers Can Help) If you conduct routine property inspections (or work with Seattle property managers that do them for you), you're probably aware of resident instances of failing to follow the lease. From not keeping up with their responsibilities to care for your...

Is That Upgrade Necessary for the Best Home Rentals Seattle Offers? Find Out Here!

Is That Upgrade Necessary for the Best Home Rentals Seattle Offers? Find Out Here! Protecting your real estate investments includes regular inspections, working with residents to maintain your rentals, the right upgrades. Did you know that some property "upgrades" can actually work against you? It's tempting to renovate a property...

Property Inspections for Protections: What Seattle Real Estate Investors Need to Know

Property Inspections for Protections: What Seattle Real Estate Investors Need to Know Protecting your investment properties in the best possible ways requires multiple strategies for success. From strong leases that leave no room for misinterpretation to setting up the right business entity and landlord insurance coverage, your...

My Renter Damaged My Seattle Property, Now What?

My Renter Damaged My Seattle Property, Now What? Discovering more people living in your rental than are legally on the lease is a problem. Property damage caused by renters is also a common problem many Seattle real estate investors face.  Sometimes the damage is accidental. When that happens,...

Got Loopholes? What Bellevue Investors Need To Know About Creating a Stellar Lease

Got Loopholes? What Bellevue Investors Need To Know About Creating a Stellar Lease Loopholes in your lease agreements can sink your income and leave your Bellevue rental properties unprotected. Any reasonably savvy renter can spot a "leaky" lease and exploit it to their benefit, leaving you without a way to enforce the rules or...

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...
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