Property Management

Lower home values in the greater Seattle area have contributed to a larger number of single family homes being converted to rentals. Some owners are drawing the line on their bottom line and resolving to wait out the real estate recovery.

If you're interested in learning more about our Property Management Services, feel free to call or email us. We have over 14 years experience in both single family and multi-family and work with investors on a daily basis to help them find the right property to add to their portfolio.

It's easy to find a tenant right?

While the concept of renting is simple; find tenant, tenant moves in, tenant pays rent, landlord makes mortgage payment....the realities are much different.

Especially today.

Who's Renting Today?

Many of today's tenants are former homeowners. People who have good incomes but due to some sudden, unforeseen circumstance, fell behind on payments or had an adjustable  loan reset which subsequently priced them out of the market. They either sold their home short, or let it go back to the bank.

But other applicants are looking to scam the system and sometimes flat-out lie about their circumstances. I've heard of more than a few Landlord/Owners, falling for hard-luck stories, or mismanaging tenant's funds or not following Landlord/Tenant Law and getting themselves in trouble.

Many  investors don't realize the advantages of  using a professional Property Manager for their rental property and get more caught in the cost that they fail to see the bigger picture and advantages to working with a professional Property Management Company.

Benefits of Local Property Management to the Property Owners:

• Tenants are less likely to be late on rent, or default on the lease when working with a professional manager who has a firm grasp of Landlord/Tenant law, and can pull the trigger quickly on a 3 day or 10 day notice.
• When/if repairs are needed, the Property Manager is called, not the owner.
• If the tenant is late (or going to be late) on rent, the Property Manager is better experienced on collection methods.
• Due to volume, a professional property manager is often able to have repairs made to the house at a discounted price.
• The Property Manager will be the point of contact for any HOA complaints.
• Tenants can be more thoroughly screened through a Property Manager, including criminal background checks, employment and rental history.
• All accounting, deposits, damages are handled and assessed for you.