Phone Number253-222-3387
Lakewood Single family home rental Fircrest Property Management Fircrest Property Management Fircrest Property Management Fircrest Property Management Fircrest Property Management Roy Property Management South Hill Puyallup Property Management North End Tacoma Property Management

We Do Property Management Right

Experienced, Responsible & Fair

Red Roof Rentals is a small, locally-owned property management company serving Tacoma, Lakewood, University Place, Spanaway, Graham, Puyallup and all of Pierce County East of Puget Sound. We focus on managing single-family homes. Over 35 years of experience in real estate property management and sales allows us to serve our clients very well.

Our philosophy is to run a low profile and low overhead office which allows us to charge a Flat-Rate Management Fee of as little as $95! Screening tenants is one of the keys to successful management, and we excel at it. We have had just about every trick in the book pulled on us in the past, so we seldom get fooled anymore! No one bats 1,000, and if we make an error we step up to the plate and take responsibility for it.

We treat owners and renters the same way we would want to be treated… fairly, firmly and with respect.

For renters we clearly explain our expectations up front so that they know and understand what it is that we want from them.

For our owners we always try to maximize their rental income and control their expenses.

Did you know?...

We can help with ALL your real estate needs! Want to buy or sell a home? Need help with property management? WE CAN HELP! If we can't do it we'll refer you to someone we trust who can.

Call us and find out how you can get the best service for the best price. Bob and I each have over 35 years experience in real estate right here in Pierce County. Why not let our experience go to work for you today. Got questions? CALL US ... we answer your real estate questions for free.

We work with property owners all throughout the Pierce County area including Tacoma, University Place, Lakewood, Spanaway, Graham, Puyallup, Fircrest, Parkland and Roy.

Make Red Roof Rentals your ONE STOP for all your real estate needs.

Let our experience go to work for you today!




Jeff Christiansen
Jeff Speaks!
The Red Roof Rentals Blog




HOW TO ENJOY A GOOD LIFE WITH A HAPPY ENDING

Life-HappyEnding

I have found that your business life comes in 3 stages, and NO, it’s not the good, the bad and the ugly! They are the LEARNING YEARS, the EARNING YEARS and the YEARNING YEARS.

Years ago, when colleges asked incoming freshmen science majors to bring a slide rule, I was given some advice that has helped me prepare for my financial future. The advice was pretty simple, really … first, to recognize and understand the 3 STAGES in a businessperson’s life and second, what to do so you can retire well in stage 3.

STAGE ONE – THE LEARNING YEARS (Age 20-40)
For most of us this is when you are focusing on how to earn a living at something that you are (or want to be) good at, learning all you can so as to increase your future earnings. This stage is sometimes called “The School of Life” and the school colors are black and blue (the color of the bruises you will get along the way! – lol)

STAGE TWO – THE EARNING YEARS (Age 40-60)
During this time you will apply all that you have learned during stage 1 to your professional field and work hard, gradually increasing your earnings. Stage 2 is your reward for those 20 years you spent in the School of Life, those “learning years” that you just pushed through. You are earning more money than you ever dreamed of and now that the kids are out of the nest you can really indulge yourself with all that stuff made in Germany that you have wanted for so many years!

But is that really the best for you? No. Instead LIVE BELOW YOUR MEANS during stage 2 … live a comfortable but modest lifestyle in your earning years, saving and investing what you don’t consume in preparation for stage 3 … YOUR RETIREMENT. It’s coming faster than you think!

Stage 2 is the all important foundation for stage 3.

STAGE THREE – THE YEARNING YEARS (Age 60 +)
You’ve been working 40+ years … you’re tired of the daily grind, it’s harder to get up at 5:45 AM 5 days a week, your knees hurt and your mind isn’t so sharp anymore. AH … RETIREMENT AWAITS … but can you afford to quit working and maintain your standard of living?

Yes, you can IF you set aside some of your earnings during your productive EARNING YEARS.

Consider the insect world. The ant works diligently to store up what it will need to make it through the cold winter that will come, but the grasshopper consumes everything it can during the fruitful summer, saving NOTHING for when the season changes … WHICH IT WILL.

Which bug do you want to be?

Be an ant! Discipline yourself during the “earning years” to not let your standard of living rise as fast as your income does. Don’t do what everyone else does … living it up to the MAX when you are pulling in the big bucks! Live a simpler, less indulgent mid-life and the result will be an annual surplus that you can store away to help carry you through the “yearning years”. Without these set-aside funds your standard of living will have to fall during your later days … NOT what you were dreaming of for your retirement!

You can enjoy a good life all thru the years if you have a reasonable wise financial plan and stick to it, to the end … which will be YOUR happy ending!

RENTING vs BUYING

Rent Vs Buy

Can there be anything good about RENTING instead of BUYING?

Consider a 3 bedroom / 2 bath 1,100 sq. ft. home. The owner will sell it to you for $149,000 or rent it for $1,100 … your choice.

Let’s say you are going to be living in the area for 3-4 years before you get transferred. What should you do?

Renting Buying
MOVING IN
Fill out rental application – run credit
Pay $25 application fee
Get an answer in 1-3 days
Pay $1,100 refundable deposit
Pay $1,100 monthly rent
Owner pays taxes & insurance
Apply for a loan – run credit
Pay $400 appraisal fee
Wait 3-6 weeks for a preliminary loan approval
Pay $7,000 FHA down payment + closing costs
Pay $1,100 monthly payment
You pay taxes, insurance
WHILE YOU LIVE THERE
Call property manager for repairs
Hope the Mariners do better next year
You take care of all repairs
Hope your home goes up in value
MOVING OUT
Give notice 20 days before you want to move
Clean your unit
Get your deposit back
Go & relax!
Prepare & repair home for sale – interview Realtors
Keep home clean and show to interested buyers
Hope to just get enough to pay off your loan
Wait & worry – it may take 30-90 days to get a sale

Home ownership does have its advantages … you can paint your rooms any colors you like, remodel the kitchen or redo the backyard landscaping as you wish. You are FREE TO WORK on your home!

With a rental it’s different. The owner won’t let you do those things when you rent a home … but when you rent, you are FREE TO LIVE in your home!

Now don’t get me wrong. For some folks, working on their home is their life, and they enjoy it. But for others, living their life is what they enjoy.

For some people, renting can be THE LIFE OF FREEDOM.

AN OWNER’S QUANDARY – TO RENT IT OR TO SELL IT

ThoughtsOnHouse

“I’ve got to move but I don’t know whether to SELL my home or try to RENT it out. What should I do?”

You might be an owner who asks this question and struggles to find answers that make sense. The market prices just aren’t what they used to be so it doesn’t feel like the right time to sell… but you’ve heard horror stories about renters trashing beautiful homes and doing thousands of dollars of damage so you are afraid of renting it out. You want to make as much as you can when you sell your property but WHEN is the right time and WHAT SHOULD YOU do if now seems to be the WRONG TIME?

TIMING IS EVERYTHING – Consider the time of the year. The BEST time for selling is what we call “PRIME TIME” … May, June and July … so if you can, plan to put your home up for sale in these months. Then, if it hasn’t sold by July 30th (M/L) take it off the market and put it up for rent.

DO NOT KEEP TRYING TO SELL IT IN THE FALL or you will encounter the aptly named “Dead Zone” from November thru January … the WORST time to sell. You will have to pay to heat an empty home thru the winter (costly) and worry about vandalism and break-ins during the months with fewer daylight hours. This is when it might be best for you to have a responsible renter living in the property, guarding it against theft and vandalism and paying you rent every month.

MARKET CONDITIONS – If the timing is right and the market for home sales is “up” then give the old homestead a good cleaning and list it for sale. But if home sales are down and the economy is uncertain, then rent your home UNTIL the market revives itself. If you wait, the market will recover, even from severe downturns, so why not rent out your property until recovery is at hand. You will have rental income to use to cover your mortgage payment until the home values return to their previous levels … and THAT is the time to put your property on the market for sale!

Hire Red Roof Rentals, LLC, an affordably priced professional manager with lots of experience, to oversee the property (and the renter) for you and eliminate your fears and concerns.

When “happy days” are back again, THAT is the time to sell your property!

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We are a different kind of management company.

Our flat rate management fees start at an affordable $95/mo. and you pay nothing up front.

We screen applicants thoughtfully to select the best tenant for you, and we treat your property as we would treat our own.

Read more about our property management service for owners.

We charge a very reasonable $25 application fee.

We understand the needs of our renters. When you need us after hours we can usually be reached on our cell phones  and we try to take care of any needed repairs quickly.

Read more information for renters.

Download our rental application.

We service areas throughout Pierce County including:

Tacoma - University Place - Fircrest
Lakewood - Puyallup - Spanaway
Graham - Parkland - Roy

Office: 253-222-3387

Fax: 253-536-1699

Jeff Christensen, Owner
Cell:
253-720-7815
Email:

Bob Mager, Office Manager
Cell:
253-686-3214
Email:

Daniela Kendall, Finance Director
Cell:
253-380-4485
Email:

Mailing Address:
P.O. Box 45168
Tacoma, WA 98448

Physical Address:
14208 Pacific Ave., #4
Tacoma, WA 98444

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