If you’ve ever rented an apartment before, you’re probably familiar with the smell of cigarette smoke in the air either outside the building or wafting through the halls, the overflowing cigarette butt receptacle, and cigarette butts littering the exterior grounds. Depending on the person, these problems can be tolerable or they can be too intense to ignore, and it’s safe to say that most …

In January, three bills were proposed to the Washington House of Representatives that would boost protections to renters in the state, including the stabilization of rent increases. Bill HB1388 aims to prevent excessive rent increases by applying limitations to the rent increases allowed on a single property each year. The bill defines an “excessive rent increase” as “greater than the rate of inflation as …

Neglecting your residential or commercial building‘s roofing system is a financial mistake. Even a small leak can lead to significant damage if not addressed promptly. When it comes to your rentals, make sure to budget for and prioritize maintaining your roof to avoid costly repairs down the line. Don’t let the roof become an “out of sight, out of mind” issue. Instead, keep it …

Tips for Filing Rental Income Taxes Filing taxes can be a confusing process for anyone, especially if you are dealing with rental property income. Additionally, there are many tax deductions you can make for various expenditures involved with managing rental properties, so it’s essential to know what constitutes rental income and what tax deductions can be made. Even if you plan to hire a …

As one of the fastest-growing cities in the United States, Seattle boasts a diverse array of neighborhoods, each with its own unique charm and character. Whether you’re drawn to the bustling nightlife of Capitol Hill, the family-friendly vibe of Ballard, or the tech-centric atmosphere of South Lake Union, finding the perfect rental can feel like a daunting task in such a competitive market. This …

A major facet of owning and renting out properties is maintaining them and quickly addressing any issue that may arise. Effective and timely maintenance response is not only crucial to the success of your business and the satisfaction of your tenants but also to the longevity and value of your properties. There are ways to streamline the process to ensure requests get addressed and …

In a time when online interaction and long-distance networking is becoming essential to daily life, utilizing the Internet and social media is necessary for marketing a rental property anywhere. If you want to rent out your properties effectively and don’t want to hire a marketing company, you need to build a virtual community. Growing a network and online presence takes time and persistence, but it …

So you’re looking to move out of your home, onto (hopefully) bigger and better things. You’re probably struggling to figure out what to do with your house: do you sell your real estate and let go, or turn it into a rental property? Well, the short answer is, it depends. You have to consider your financial ability, lifestyle, and the opportunities your property has …

Attracting and retaining quality tenants is the key to your success as a landlord. Whether you are looking to invest in rental property or renovate a current property, it helps to understand the needs and wants of modern tenants so that you can deliver a positive living experience and stand out within a competitive market. Run through this list for ideas and priorities for …