Property Management Blog

Decrease Vacancy With Creative Leasing Strategies in Bothell, WA

According to data from the US Census Bureau and HUD, the rental vacancy rate in Washington is 4.2%. If your rental property in Bothell, WA is vacant, you could lose thousands in potential earnings each month. A strong rental leasing strategy can boost your occupancy rate and...

What the Best Property Managers Do to Get The Most Money for Their Client

If you truly want to live the dream of earning an excellent passive income as a landlord, you need to hire a property manager. These professionals handle the day-to-day tasks when you own a rental, leaving you to relax and wait for your profits from the rent collection.But not al...

Rental Management or Tenant Placement - Which Is Better?

While bad tenants are part of life as a landlord, contending with them can be extremely costly. You'll face property damage issues, lost rental income, and potential legal problems that can put a huge dent in your income.Luckily, working with an expert can minimize the number...

The Importance of Professional Tenant Screening

In the competitive world of property management, finding reliable tenants is crucial for ensuring the long-term success and profitability of rental properties. Professional tenant screening is a comprehensive process that significantly mitigates the risks associated with renting ...

Guide to Security Deposits for Landlords in Bothell, WA

When you hand over the keys to your property, you are probably giving a virtual stranger access to your most valuable investment. That investment represents your future financial security, so you need to ensure it's in safe hands.That's why a security deposit is an essent...

Effective Lease Enforcement Strategies in Bothell, WA

When most tenants break the lease, it's something tame like being rowdy past quiet hours. But sometimes it's nightmarish. One property owner was left with their rental trashed, and thousands of dollars of repair costs to boot.It's important to enforce the lease before...

5 Tips for Accidental Landlords in Bothell, WA

You've recently inherited a charming suburban home or perhaps you've relocated for a new job opportunity, leaving your Bothell property vacant. Rather than selling, you decide to rent it out, stepping into the world of property management for the first time.As an accident...

Navigating Washington Stateʼs Landlord-Tenant Laws

Every state has its own set of rules and regulations regarding the renting property business, and Washington is no exception. To rent out property in Washington state, you need to have a good understanding of landlord-tenant laws. These laws are designed to establish a good relat...

How to Find Homes for Rent in Bothell, WA

According to the Office of Financial Management, the median home price in Washington in 2022 was over $600 thousand. These prices have continued to rise over the years, and they're predicted to continue going up.The problem is that not every person in need of a home can affor...

Real Estate Asset Management Best Practices That Put Money in Your Pocket

Imagine filling every one of your Bothell, WA investment properties. You can maximize your earning potential and feel confident knowing money is in your account.Unfortunately, the country's rising rental vacancy rate (now at 6.4%) could make that difficult. One vacant unit is...