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 buying.
The difference that I’ve seen in this market is that these prospective tenants are little more discerning and demanding of their surroundings and what they’re paying for. The demand is for newer properties or properties that have significant recent updates.
Old carpet and 15 year-old appliances will not cut it in this market.
We have learned that If you are a property manager in Redmond, Washington, keeping the rental property in good condition and up to date is very good return on the investment. The property will attract well-educated, well-paid tenants who are willing to pay to have a nice home.