Author: Real Property Associates

How to Serve an Eviction Notice Letter the Right Way

How to Serve an Eviction Notice Letter the Right Way Serving an eviction notice letter is not something a property owner takes lightly. It's also not a task that is quickly and easily done when it becomes apparent that a tenant needs to be removed from a property. There are many steps involved in...

Seattle Property Management Tips and Tricks for Success

Seattle Property Management Tips and Tricks for Success Rental property investors need property management insights to be successful. However, purchasing the property is just the first step in getting the ROI rolling. Next, you need the tricks of the trade to move ahead and be profitable. If you've ever...

Beyond a Free Lease Agreement Template: Legal Things to Know

Beyond a Free Lease Agreement Template: Legal Things to Know While it's true that you don't need a law degree to become a landlord, most property owners find they need to brush up on some key aspects of the law when they start renting properties out and writing their leases. Renters trust you to provide a...

From the Move in Checklist Onward: Managing Your Rental Property Well

From the Move in Checklist Onward: Managing Your Rental Property Well While investing in real estate can feel like an exciting way to build value in investments, a significant portion of the returns from the rental property depends on how you run those properties. It can seem like only a few simple steps until you get...

How to Become a Great Landlord: Seattle Property Management Tips

How to Become a Great Landlord: Seattle Property Management Tips From the first time you scan over a free lease agreement online to when you buy your 10th rental property, there are many lessons to learn about being a great landlord. As with many jobs, it can be hard to find balance: you want to balance your firm...

How to Choose the Right Property Management System

How to Choose the Right Property Management System Many property owners with more than one investment property start to notice how much time the rent roll, accounting, and other recordkeeping and monitoring tasks can take to stay organized and profitable. However, documents and other critical things...

Choosing a Long-Term vs. Short-Term Rental Lease Agreement: A Guide

Choosing a Long-Term vs. Short-Term Rental Lease Agreement: A Guide Real estate rental agreements include plenty of customizable options. While property owners have to remain within the bounds of what real property management Bellevue experts can tell you to follow the law, you have many options for structuring your...

What Should be in Your Lease [Real Property Management Seattle Tips]

What Should be in Your Lease [Real Property Management Seattle Tips] When a dispute arises between a renter and their real estate investor landlord, one of the first places they turn is to the basic lease agreement they both signed. The lease agreement is how renters and property owners agree to work with each other...

The Complete Guide To Successful Long-Distance Real Estate Investing

The Complete Guide To Successful Long-Distance Real Estate Investing There are many reasons why long-distance real estate investing makes sense. This strategy allows investors to buy rental properties in cities outside of where they live while generating more revenue! In addition, it's a great way to diversify your...

Real Estate Investing: The Best Ways To Find Deals, Make Money, And Have Fun

Real Estate Investing: The Best Ways To Find Deals, Make Money, And Have Fun Real estate investing is a long-term strategy to build wealth. It takes patience, intelligence, and a little creativity to find a good deal while making some money and having fun. Owning real estate is exciting while generating rental income from it...

What Are the Best Real Estate Investing Books and Courses?

What Are the Best Real Estate Investing Books and Courses? There are several different strategies to successfully invest in real estate, and each comes with its own set of risks and benefits. If you’re thinking about investing in real estate, it is crucial to understand the best approaches to maximize...

How Natural Disasters Factor Into a Seattle Rental Property and ROI

How Natural Disasters Factor Into a Seattle Rental Property and ROI When purchasing a rental property, it’s critical to do everything you can to protect your investment. Unfortunately, some things can impact your property and income (like natural disasters) that property owners have no control over. However, you can...

The Best Thing Seattle Property Owners Can Do for Better ROI

The Best Thing Seattle Property Owners Can Do for Better ROI Maximizing rental property returns requires the right strategies. Real estate investors enjoy more long-term passive income when meeting monthly or annual ROI goals! So, what helps to determine ROI, and how can you improve it? Is there one thing...

Why Bellevue Rental Property Owners Must Inspect!

Why Bellevue Rental Property Owners Must Inspect! An investment property owner must take steps to protect their assets, including scheduling regular inspections. These routine inspections can ensure that you stay on top of any issues and keep up to date on the condition of your real estate...

How To Identify Seattle Rental Properties for Maximum ROI

How To Identify Seattle Rental Properties for Maximum ROI Investing in real estate continues to be an excellent way for someone to build long-term wealth and prepare for the future. With the right real estate investment property, you can generate cash flow, build long-term wealth, and hedge against...

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...

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 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...

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 help...

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...

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...

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...

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 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...

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...
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