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Emotional Support Animals and Leasing in Seattle: What to Know

Emotional Support Animals and Leasing in Seattle: What to Know Published June 9, 2022 Updated January 10, 2024 Sometimes tenants don't come into a rental property alone: they are accompanied by a dog, cat, or an emotional support animal that comes to live with them in their rented property. While some landlords...

Real Estate Investing Industry: Classifying Neighborhoods A Through C

Real Estate Investing Industry: Classifying Neighborhoods A Through C 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...

Seattle Real Estate Investing 101: Is Seattle a Good Place to Invest?

Seattle Real Estate Investing 101: Is Seattle a Good Place to Invest? You may already know that owning real estate is an excellent way to make money for your future. However, for this to work well, the return on your investment must be high enough to cover your initial investment costs and ongoing expenses, like...

How to Maximize Your Rental Property Profit

How to Maximize Your Rental Property Profit 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,...

7 Real Estate Investing Strategies for Investors

7 Real Estate Investing Strategies for Investors Creative real estate investing is an innovative way to make money through buying, selling, or managing properties. It can be an excellent alternative for those real estate investors who have been learning how to create wealth investing in real...

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...

Decoding Your Owner Statement: A Guide for Seattle Property Owners

Decoding Your Owner Statement: A Guide for Seattle Property Owners If you're a property owner in Seattle, you understand that managing your real estate investment is no small feat. It involves numerous moving parts, including tenant relations, property maintenance, and financial management. One crucial aspect of...

Property Management vs. Self Management: Which is Better for Returns?

Property Management vs. Self Management: Which is Better for Returns? For property owners, maximizing returns is a crucial aspect of success in real estate. At the heart of aiming high is effective property management. Without the right approach and insights, your rental properties might fall short of your goals or...

Abandoned Belongings: What To Do When Tenants Disappear

Abandoned Belongings: What To Do When Tenants Disappear Published March 25, 2021. Updated August 24, 2023. 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...

What Rental Property ROI Should Owners Expect in 2023 and 2024?

What Rental Property ROI Should Owners Expect in 2023 and 2024? Published December 16, 2021. Updated January 9, 2024. In 2023 (and looking ahead to 2024), rental property investors may wonder where to put their money next. With the cost of homes seeming to continually rise, knowing what kind of ROI you can...

Summer Market Report

Summer Market Report As your trusted property management partner, Real Property Associates believes in keeping you informed about the latest developments in the Seattle Metro rental market. Here is an overview of the current trends and factors affecting your properties....

A Seattle Property Management Guide to the Month-to-Month Lease

A Seattle Property Management Guide to the Month-to-Month Lease Published July 28, 2022. Updated May 11, 2023. Rental property owners have a lot to handle every time a lease agreement ends, and another one begins. They must make sure the renters move out, assess damages, make repairs or do maintenance, and find...

Advanced Rental Payments: Insight From Seattle Property Management

Advanced Rental Payments: Insight From Seattle Property Management Published January 28, 2021 Updated April 27, 2023 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...

How to List Rental Property in Seattle (and Find Quality Tenants)

How to List Rental Property in Seattle (and Find Quality Tenants) Have you ever listed a rental property . . . and no one noticed? A property listing can help quality tenants find your property or go unnoticed on rental listing websites. In the worst-case scenario, a poorly executed listing can attract low-quality...

My Renter Damaged My Rental: Property Management Seattle Tips

My Renter Damaged My Rental: Property Management Seattle Tips Original publish date April 22, 2021 Updated March 9, 2023 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....

Seattle Property Management: 5 Common DIY Property Owner Mistakes

Seattle Property Management: 5 Common DIY Property Owner Mistakes Do you consider yourself a DIY property owner? Perhaps you know how to fix a faucet leak or are skilled at preparing spreadsheets and forecasting. We all like to save some money, and being involved as much as possible in property management is a...

A Rental Property Owner’s Guide To Eviction Prevention

A Rental Property Owner’s Guide To Eviction Prevention The eviction process is no fun for either party involved in the lease agreement. It's a costly and time-consuming procedure for the property owner and stressful for the occupants as they seek alternate accommodations. Once you factor in the legal...

Eviction Prevention: How to Keep Seattle Tenants Happy Long-Term

Eviction Prevention: How to Keep Seattle Tenants Happy Long-Term Evicting a tenant can be a time-consuming and costly exercise. The tenant turnover process is costly for property owners, as well. To protect your return on investment and avoid the cost and time involved in replacing tenants, eviction prevention is...

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...

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...

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...

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 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...

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...

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 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...

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...

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...

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...

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,...

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 Updated December 22, 2022. 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...

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

Should You Hire a Seattle Property Manager to Handle Your Investments? Updated December 22, 2022. 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...

Payment Plans for Struggling Residents | Seattle Property Management Tips

Payment Plans for Struggling Residents | Seattle Property Management Tips Updated May 2, 2022. 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...

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 Updated May 2, 2022. 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...

How to Choose a Property Management Company (Seattle)

How to Choose a Property Management Company (Seattle) Updated March 7, 2022 Deciding to hire a property manager is an excellent way to grow your real estate portfolio income—but it's not the only decision you need to make. Choosing the best property management company (Seattle area) can be a tough...
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