Tips for Property Owners

By Red Roof Rentals - Monday, November 1, 2021

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...

By Red Roof Rentals - Friday, October 1, 2021

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...

By Red Roof Rentals - Thursday, November 7, 2019

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...

By Red Roof Rentals - Thursday, October 24, 2019

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,...

By Red Roof Rentals - Thursday, May 30, 2019

TACOMA SHOOTS TO THE TOP (of the real estate heap!)

Recently REDFIN, Seattle based progressive real estate brokerage know-it-all, declared“TACOMA – NATION’S HOTTEST HOUSING MARKET”This will be no surprise to those of you who have been searching in vain to purchase (or rent, for that matter) a home here in T...

By Red Roof Rentals - Tuesday, April 3, 2018

Expectations

Owners … Renters … Property Managers … What do we expect of each other?Some expectations are common to us all … be honest, be on time, return your phone calls, keep your word … while other expectations are individualistic and very specific to th...

By Red Roof Rentals - Friday, December 8, 2017

SEATTLE AND TACOMA ARE ENGAGED!

Back in the late 60’s, when I was a student at Wilson High in the West End of Tacoma, my insecure freshman hometown was constantly being given a swirly by the cool “collar turned up” senior men and women up in Seattle.Oh, you’re from the armpit of the stat...

By Red Roof Rentals - Wednesday, August 30, 2017

THE IMPORTANCE OF RELATIONSHIPS

So I’m sitting in Starbucks, sipping a cup of Pike Roast, wondering what ONE BUSINESS PRINCIPLE is so important that 1) I should write about it, and 2) you should take your time to read it… and here’s what I have for you.Seek relationship, not profitAs far...

By Red Roof Rentals - Wednesday, August 9, 2017

LIFE IN THE AGE OF ENTITLEMENT

(Earning versus Deserving)I called my son Calvin in Tucson the other day to tell him about the Honda Pilot I had recently purchased.“Dad, it’s about time! You deserve it.”, he erupted. (“Calvin,” I mused quietly to myself, “I earned it!”)...

By Red Roof Rentals - Wednesday, July 19, 2017

WHY ALLOW PETS?

They are a 50-something couple… him a retired Army Captain, her an account executive at Merrill – Lynch… no kids at home, 790 credit score, lots of income … “GOLD PLATED PEOPLE” that have applied to rent your home. No problem, right?Oh,...

Red Roof Rentals Blog

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

WHERE HAVE ALL THE GOOD RENTERS GONE?

ARE HEAT PUMPS REALLY WORTH IT?

Washington State Mandated Deadlines for Rental Repairs

TACOMA SHOOTS TO THE TOP (of the real estate heap!)

Expectations

SEATTLE AND TACOMA ARE ENGAGED!

THE IMPORTANCE OF RELATIONSHIPS

LIFE IN THE AGE OF ENTITLEMENT

WHY ALLOW PETS?

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