Property Management Blog

Home buyers are in a spring mood, but sellers are still hibernating, suggested one broker while commenting on the latest statistics from Northwest Multiple Listing Service. Figures for February and feedback from brokers indicate record-low inventory is spurring multiple offers, rising prices, fewer sales, and frustrated house-hunters.Year...

Unfortunately, every landlord and property manager go through their share of issues when dealing with tenants, and while some issues can’t be avoided, taking the time to educate your tenants goes a long way.Often, new renters can simply become poor tenants due to a lack of knowledge of their responsibilities; educating tenants in th...

HOW DOES THE PROPERTY MANAGER REQUIRE TENANTS TO OBTAIN THIS INSURANCE? The Property Manager includes this as a mandate in every lease agreement, and every lease renewal as a new policy. The Landlord requires coverage of $100,000 per the lease agreement. Tenants may opt out of this coverage by obtaining a similar policy from their own in...

Deciding to use a property management company for your rental assets is an excellent choice for your finances. It is vital for asset buyers to know about the responsibilities of an estate management agent. Real estate offers one of the most flexible and self-directed avenues available for personal and professional success. The points disc...

Owning rental property can be an excellent investment. Since buying and maintaining assets involves investing substantial capital. Finding the best property management service for your community can be a complex task. A good partner should be kept abreast with all the goings-on in the said estate. They alleviate the proprietor owner of a ...

Far too often I see OSB “sag” between the trusses making your roof look wavy. Although, OSB typically offers a higher shear rating which adds rigidity to your structure.Over the years I have seen claims for plywood decking delaminating, which can cause squeeks and knocks between the ply’s.Plywood vs. OSB: Which is Better...

For those of you working in the City of Seattle, you've probably been privy to the new ordinance in the city called First in Time. To remind, this ordinance mandates that a Seattle landlord must "offer tenancy of the available unit to the first prospective occupant meeting all screening criteria."    Alth...

This week veteran real estate investor and property manager Larry Arth discuss what he sees as 7 real estate investing trends For 2017.I have held many discussions with investors, builders, buyers and sellers heading into 2017, and their consensus, as well as everything I have read, leads me to this conclusion:Real estate investing over t...

The average apartment rent in Seattle rose 8.3% in the past year. That’s a lot. No doubt about it. It beats inflation. It beats wage growth. So some are calling this a problem of skyrocketing rents, a crisis, an emergency. Is it really? Let's take a look.

In the pacific Northwest, It's either the winds, the rains or the occasional deep freeze that seems to visit around Thanksgiving challenging residential property managers. That is not to say winter-like weather can descend long before it’s time to carve the Thanksgiving turkey.“This is the time of the year to be proactive!...