Author: Real Property Associates

Owning Rental Properties in 2022: Is it Worth It?

Owning Rental Properties in 2022: Is it Worth It? Rental property management is hardly the "set it and forget it" investment that some new investors hope it could be. A Bellevue property management company will tell you that owning and managing rental property involves a lot of business decisions,...

How Seattle Owners Can Maximize Opportunities At Lease Renewal

How Seattle Owners Can Maximize Opportunities At Lease Renewal Being in the rental investment business involves a lot of hard work and the right strategies. Residential property owners must stay proactive to generate excellent cash flow and ROIs. If you remain stagnant or miss specific opportunities, a rental...

How to Analyze Vacancies and Listings For Rental Properties

How to Analyze Vacancies and Listings For Rental Properties Selecting the perfect investment property is never an easy task for investors. Many factors go into making the best choice for maximum ROI. From the neighborhood in which a property is located to the amount of property taxes you'll have to pay, a...

What Kind of ROI Should Owners Expect for a Rental Property In 2022?

What Kind of ROI Should Owners Expect for a Rental Property In 2022? Looking into 2022, rental property investors may be wondering where to put their money next. With the cost of homes rising, knowing what kind of ROI you can expect from your investments might be an urgent question on your mind. Property owners need...

Why Tenant Screening Is Critical For Better ROIs

Why Tenant Screening Is Critical For Better ROIs Preventing risks is a cornerstone of success as a real estate investor. However, there are challenges to balancing it all for better ROIs, from the risk of making a poor investment to dealing with the costly effects of bad tenants. Whether it's...

How Future Development Impacts Bellevue Rental Properties

How Future Development Impacts Bellevue Rental Properties Are you keeping an eye on future development in the Bellevue area? Investing in a way that delivers a healthy return on investment (ROI) for rental properties means analyzing the impacts of development on your investments. Sometimes this is fairly...

How Mid-Lease Inspections Help Seattle Property Owners

How Mid-Lease Inspections Help Seattle Property Owners Maintaining rental property ROIs requires the right experience and strategies in multiple areas. From managing maintenance requests to collecting the rent, property owners must avoid mistakes and be proactive to produce excellent returns. However,...

How New Appliances Boost Rental Property ROI

How New Appliances Boost Rental Property ROI When you are a property owner in Bellevue, making strategic improvements to your properties can attract better renters and boost ROI. In addition, keeping your properties in great condition can cut down on the volume of maintenance requests you...

How Local Amenities Help Seattle Investors Find Good Properties

How Local Amenities Help Seattle Investors Find Good Properties Successful real estate investors know the importance of understanding the market before laying out cash or committing to financing for a new rental property. Once you have a property, you've made a long-term investment. So, it's vital to go into the...

5 Hidden Rental Property ROI Killers in Seattle

5 Hidden Rental Property ROI Killers in Seattle Generating enough ROI for a rental property is a critical balancing act. Property owners have to find the right balance of costs vs. income to balance the ROI for an investment. However, hidden investment property ROI killers will sink your income...

10 Things For a Resident Benefits Package That Benefits Investors

10 Things For a Resident Benefits Package That Benefits Investors As a rental property owner dealing with daily property management tasks, it's essential to do all you can to make your residents happy. This might be easier with some renters than it is with others. However, happy renters are more likely to renew...

How the Job Market Impacts Bellevue Real Estate Investments

How the Job Market Impacts Bellevue Real Estate Investments Owning investment property comes with many responsibilities. A Bellevue, Washington investor has a lot on the table to manage, including property management services, lease signings, rental rate analysis, and more. One of the most significant...

How Not Knowing a Seattle Rental Property's Cash Flow Hurts

How Not Knowing a Seattle Rental Property's Cash Flow Hurts In any business, cash flow must be a priority. Without money coming in from your rental property, property owners have difficulty making payments on the mortgage and other expenses that come with owning a rental home. This can lead to paying for...

Improve Rental Property ROI With These Easy "Hard"ware Tips

Improve Rental Property ROI With These Easy "Hard"ware Tips As a property owner, one of the most important things to do is maintain your properties. With insights from the best property management Bellevue offers can help you make the right decisions regarding any upgrades to your rental property and...

How Crime Rates Can Affect a 'Perfect' Seattle Property

How Crime Rates Can Affect a 'Perfect' Seattle Property You've found the "perfect" investment property in Seattle. However, have you taken a look at the crime rates for the area? While a property that seems to have everything a renter wants might seem like an ideal purchase for your portfolio, a high...

Defining Bellevue Rental Property Goals: Cash Flow vs. Appreciation

Defining Bellevue Rental Property Goals: Cash Flow vs. Appreciation Every landlord has different Bellevue rental property goals. Defining your specific goals is critical to your success and evaluating ROIs.  Are you investing for cash flow or are you investing for appreciation? What's your rental property strategy...

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 Increase ROI: Property Management Seattle

10 Ways to Spend Capital To 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...
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