Question: I recently ended up in small claims court with a tenant. The issue related to differing interpretations of the original condition of the unit as indicated on the move-in inspection checklist. In our case, our units are typically in excellent condition. They regularly have very nice carpets (only a few years old), new paint, […]
Property Management Blog
What Does The Landlord Have To Repair ?
Unfortunately, the law is not specific enough to cover everything. We know that the heating, plumbing, cooking, refrigerator must be fixed promptly, but what about the bedroom door that doesn’t close properly, the sagging gate in the back yard, or the big air gap under the front door? You don’t have to fix the bedroom […]
Property Management Kirkland – Pet Deposit
When accepting a pet, it is a good idea to get a little extra deposit for the potential damage a pet can cause. I prefer to add the pet deposit onto the standard damage deposit as opposed to a separate deposit. That way, all of the deposit can be used for whatever is needed. If […]
Insurance For Your Rental Property
A couple things I will pass along that has come into play recently in our property management company. Your rental property must have an insurance policy for a rental property. Often times a homeowner will move out of the house, rent it out, and never think to tell their insurance company that it is now […]
Prepping Your Home For The Holidays
Once the candle on the last jack-o-lantern goes out, it’s officially The Holiday Season. Are you ready? We have tips for how to prep your rental home for guests and make your home a favorite spot for family and friends to gather over the holiday season. Cold-weather cleaning Spring isn’t the only time to give […]
Financing Rental Properties
Interest rates are still at historic lows and property values continue to be depressed. However, recent actions of the Fed and growing seller demand appear to be forcing an increase in both. Those trends might not be reversing any time soon, so now might be the right time to invest in another rental property. A […]