Phone Number253-222-3387
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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

THE “GREAT RECESSION” OF 2008 and RENTAL PROPERTIES (or “What every farmer knows”)


Consider the story of a dairy farmer and his favorite cow, for which he paid $1,000. Every day, without fail, old bossy produced 5 gallons of rich, creamy milk for the farmer. The cow was happy and so was the farmer!

Then one day, for reasons puzzling and unknown to the farmer, the market for cows crashed and you could hardly give them away at the livestock auction. The $1,000 cow suddenly was only worth $700, yet the same cow STILL produced 5 gallons of milk every day.

Was the farmer sad about this? Puzzled? Maybe … but sad? Not at all. He had no intention of selling this cow that consistently made so much valuable milk because he still got his milk every day, ESPECIALLY when no one wanted to pay a fair price for it. The old farmer never sold anything when the market was down.

Do you see the connection here to what happened to the real estate market, starting in 2008? The same thing happened then when a home (the cow) suddenly lost 113 of its value, yet what it produced as a rental (the milk) didn’t change at all. Like our farmer, for real estate investors holding for the long term this meant that the RATE OF RETURN on their rentals had simply SKY ROCKETED.

Before 2008: a 1,200 sq ft 3 bedroom rambler worth $125,000 rented for $900/month (net), yielding an 8% return on value.

After “the crash”: that same home’s value fell about 30% to $87,000, but it still rented for the same $900 I month, yielding 12%!

WOW! Everyone else was complaining about their investment losses, but people that owned rentals? … not so much! Never sell your “CASH COW” when the market is down, dazed and confused. Wait for the return of better times and higher prices, THEN … maybe … sell.

So why did those rents remain constant thru the storm of 2008? Because good times or bad, everyone needs shelter. The NEED remains constant. Renters don’t care about property values … all they know is that they need a place to live and that they must rent it.

And what about values? VALUES HAVE INCREASED. In many areas of Western Washington they are at or near their old values before the crash, and in Seattle, real estate values are now HIGHER than ever before.

So how is the old real estate “cow” doing 7 years after the “Crash of 2008″? Well, it’s worth $1,000 once again (even more at the Seattle livestock auction house!) but NOW it produces 7 GALLONS of milk every day instead of 5 … more milk than ever before!

Like our dairy farmer friend and his favorite cow, many of the most successful people in America got their wealth from building up a herd of real estate rentals, remaining calm during the storms of life, sheltering their dependable livestock and hanging on to their oh-so-productive “cash cows”!

What’s in your barn?



I have lived a few years, been thru a few divorces and had a lot of counseling (some say “Not enough!”). Through it all, I have learned a few things about THE BUSINESS OF FORGIVENESS which I will now share witlh you in modified “bullet point” format.

  • WHAT FORGIVENESS MEANS – No matter what the offender did to you, you choose to consider their debt to you PAID IN FULL. THE WRONG DOER OWES YOU NOTHING … not even an explanation for what they did!
  • ONLY TAKES ONE TO FORGIVE – The participation of the person that offended you is NOT REQUIRED! You cannot be held hostage by someone refusing to participate with you in the forgiving.
  • TAKES PERSONAL STRENGTH TO FORGIVE – It is not for the weak willed to forgive someone who has hurt or hated you. It is something you do for yourself and you will be a BETTER PERSON for doing it!
  • IT’S HARD TO FORGIVE WHEN YOU ARE STILL BEING ATTACKED – It’s tough to do but not impossible. Don’t let someone’s ongoing bad treatment of you keep you from freeing yourself by forgiving them.
  • FORGIVE BUT DON’T FORGET – Friends and family mean well when they advise to “forgive and forget” but actually you must REMEMBER WHAT HAPPENED so that you don’t repeat it. We are wired to remember things so to try to forget is probably not possible anyway.
  • WHERE TO KEEP WHAT YOU REMEMBER – You need to control your memory of the offense done to you that you. I like to visualize putting the whole hot mess in a box, affixing the lid to it and putting it on a shelf out in my garage. Some people will say that they have “put it on the back burner”. Whatever … do what you must do to control the bad memories of your offender.
  • RECOGNIZE THAT YOU WILL GET INTO THAT BOX FROM TIME TO TIME – It’s normal to periodically get the box and go thru it, even 10 or 20 years after the horrible event … but as soon as you can get the lid back on and the box back on it’s garage shelf!

A cow burps up what it has taken in and chews on it periodically … it’s called “chewing the cud.” Even though you try not to, in a way you will do the same and revisit the bad memories of past wrongs done to you … even if you have already forgiven the one that hurt you. Just remember to be like the cow, swallow it back down quickly after chewing on it a bit… and you will be more content in the pasture of life.



“Is it me or is there a shortage of rental homes available right now?”

No, it’s not your imagination… for the first time in as long as I can remember (40 years!) there are not enough rental homes available to meet demand. Historically we would usually have about 4 vacancies for every 100 homes we manage (a 4% vacancy rate) but recently we have had weeks where we have had NO INVENTORY at all. Here are some possible reasons for this:

    Very few new homes, either for sale or for rent, have been built since the real estate market collapsed back in 2008, yet there has been a relatively constant demand for rental homes. This has served to REDUCE THE SUPPLY of rentals.
    For the first time since the “great recession” began back in 2008, owners are now finally able to ask their renters to vacate and put their rental properties up for sale. This has been GOOD for those looking to buy but BAD for people looking to rent because it has REDUCED THE SUPPLY of rental units available.
    Here it is in a nutshell:
    “Rents have gone crazy in Seattle … let’s go live in Tacoma for half the cost and ride the train to work in Seattle.”

    The housing market in King County has recovered PAST the price levels that existed before the 2008 crash. A home that rents for $2,500 in Seattle can be had for $1,500 in Tacoma, so stand back … here they come! Those darned Seattleites have caused an INCREASE OF DEMAND on Pierce County housing!

    and because of that they don’t qualify to buy their next home, no matter how much money they now make nor how low the interest rates are. It takes many years for a default to drop off their credit report, and until then they must rent! This constitutes an INCREASE OF DEMAND.

So what we have here is an example of the old and well known principle straight out of what you learned back in college in Econ 101:


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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.

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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

Bob Mager, Office Manager

Daniela Kendall, Finance Director

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

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

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