Property management in Redmond Washington is a unique market. The city of Redmond is the proud host to technology powerhouse Microsoft Which brings with it approximately 50,000 employees in this location. Those employees need a place to live and most often they are looking for a rental house or condominium in Redmond as opposed to […]
Property Management Blog
Strong Rental Market In Redmond Washington
I continue to see a strong rental market, especially in the areas that support Microsoft. If you have never been to the Microsoft Campus, you will be amazed. It’s nothing fancy…a bunch of nice office buildings, but the size is impressive. Its a beehive. A very busy beehive. There are a lot of people working […]
Maintenance… The Little Things Count
It is easy for us to forget about routine maintenance on our rental properties Out of sight, out of mind right? Gutter Clearning When the rainy season comes (insert your Seattle joke here) I am reminded of gutter and downspout maintenence. This simple chore can save thousands of dollors in repairs down the road. Water […]
Rental Home Prices Increasing
According to data collected by Dupree & Scott Apartment Advisors (www.dsaa.com) rent for the average single family house in King and Snohomish counties is $1822 per month, up 3.5% from $1761 per month last year. I have felt it for the last couple of years, but now we have some data to back it up. […]
5 Ways a Professional Property Manager Can Help Make More Money and Save More Money
In this article, I will show you how property management can save the owner more than just the cost of the management fee. Let’s say we have a property that rents for $1500/month. As a Seattle Property Management company our average fee in our area is 8-10%. So, let’s use 8% of $1500 which is […]
Why Do You Need A Property Manager?
Once you have invested in a rental property, the responsibility of maintaining and running the property can quickly become overwhelming. For many Owners, the logical solution is to hire a Residential Property Management company to oversee their rental property. But is this the right decision for you? Here are the top 10 reasons to consider […]