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Blog Post Seattle's median asking rent falls 7.3%, biggest drop in U.S.

Seattle's median asking rent falls 7.3%, biggest drop in U.S.

SEATTLE - Seattle’s median asking rent has fallen 7.3% in just one year, the largest drop of any U.S. metro area.According to a report from real estate company Redfin, the biggest rent declines year over year have been in America’s Sun Belt—the lower, warme...
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Blog Post 10 Reasons to Hire a Professional Pierce County Property Manager

10 Reasons to Hire a Professional Pierce County Property Manager

Setting the right rental rates: A good property management company will conduct a thorough market study in order to set a rental price for your property, ensuring that you achieve the perfect balance between maximizing monthly income and maintaining a low vacancy rate.Collecting ...
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Blog Post BUY NOW! And you might lose money later! A CAUTIONARY TALE

BUY NOW! And you might lose money later! A CAUTIONARY TALE

Desperate to grab hold of today’s historic low home loan interest rates, many people seem to be willing to PAY ANYTHING to lay claim to ownership of a home of their own … TO GET RICH IN THE FUTURE. Problem is, they aren’t paying attention to future changes that...
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Blog Post WHERE HAVE ALL THE GOOD RENTERS GONE?

WHERE HAVE ALL THE GOOD RENTERS GONE?

They worked on restoring their credit during the 1+ year COVID… then they worked hard and got approved for a 2.75% home loan… went out house shopping with their Realtor… found their dream home… and gave Red Roof notice to vacate.Are we upset by this? N...
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Blog Post BEFORE YOU DECIDE NOT TO PAY YOUR RENT

BEFORE YOU DECIDE NOT TO PAY YOUR RENT

It’s appearing in the news now … unemployed renters who propose to PAY NO RENT until the COVID-19 epidemic has past.“Why should a wealthy landlord take advantage of and profit by my suffering?” is the common unspoken thread being used to weave this fabric...
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Blog Post WE ARE OPEN FOR BUSINESS

WE ARE OPEN FOR BUSINESS

The Red Roof office may be closed to the public but WE REMAIN OPEN TO SERVE YOU! Thanks to management systems already in place, we are able to fully serve our owners and tenants from our temporary home office.Until the state ordered moratorium is lifted and our office is re-...
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Blog Post Learning from the Past

Learning from the Past

“What goes around comes around” “The past has a way of repeating itself” “Hold onto your clothes long enough and they will come back in style”Haven’t all of us said or thought these things before? They are all are ways of expressing a vag...
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Blog Post ARE HEAT PUMPS REALLY WORTH IT?

ARE HEAT PUMPS REALLY WORTH IT?

Short answer… YES!With the widespread availability and reasonable cost of the new “minisplit” heat pump units, also called ductless systems, you can now consider converting your old gas, oil or electric forced air furnaces to a NEW WAY OF HEATING… A...
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Blog Post Washington State Mandated Deadlines for Rental Repairs

Washington State Mandated Deadlines for Rental Repairs

Here is a problem that we encounter from time to time:An owner is called about a needed repair issue (cost est. to exceed $300).The owner says “Let me think about it.”State law requires the repair to be commenced within 1, 3 or 10 days1 day – no water, no power,...
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Blog Post What Determines My Credit Score?

What Determines My Credit Score?

If you haven’t already found out, your credit score can affect many aspects of your day-to-day living:your car insurance monthly paymentwhether you get approved to rent a house or notyour approval for a new VISA cardyour monthly payment on a new home you want to purchaseHer...
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