Property Management Blog

4 Advantages of for Rent by Owner Listings in Tacoma, WA

Thinking about renting out your property in Tacoma, WA? Taking control of the rental process is empowering property owners to enjoy higher profits and better tenant relationships.The For Rent by Owner (FRBO) approach eliminates costly management fees while giving you direct ...

5 Best Practices for Owner Statements and Reporting in Tacoma, WA

Are you a property owner looking to improve your financial tracking and reporting? It can be a daunting challenge if you're not familiar with the ins and outs of property management. Effective owner statements can provide the clarity and property management insights you need ...

Things to Consider When Choosing a Leasing Agent

Have you been wondering if a leasing agent could make or break your property rental success? If so, choosing the right professional can significantly impact your investment. A leasing only service may seem like a simple solution, but the agent you select needs to align with your ...

How We Screen Your Rental Applicants

According to Property 118, when tenants damage properties, it's usually the landlord who loses out financially. The best solution? You need to find tenants who won't damage the property in the first place.The key is doing an effective tenant criminal background check. So,...

Myths About Rental Property Pricing in Tacoma, Washington

The past couple of years have been difficult, but there was one silver lining: Americans got a 20% raise -- according to a CBS News report. Sadly, there won't be any hors d'oeuvres or champagne to celebrate. During that same period, rent increased about 30%.All things con...

Legal and Optional Tenant Maintenance Responsibilities in Tacoma, Washington

Tacoma has one of the most dynamic real estate markets in the country. That is great news for investors, but it also means stiff competition. For this reason, landlords must put their best foot forward.This includes regular property repairs and improvements, which can help retain...

How Section 8 Decides if Your Rent Is Reasonable in Tacoma, WA

With over 9 million Americans qualifying for Section 8, it's becoming more usual to see landlords leverage this kind of rent assistance for their benefit. However, several factors may impact whether you can accept these housing vouchers. For example, are you struggling to und...

How Landlord Rescue Services Benefit Tacoma Property Owners

Data from ATTOM shows that the median house price in Washington reached $600,000 in May 2024. If you want to take advantage of the growing housing market, you should make sure you're prepared.Property investors can make a good income with the right strategies, but it's ea...

How Tacoma Property Managers Optimize Owner Disbursements Efficiently

You're a Tacoma property owner, and your rental portfolio is expanding. Managing the financial side of your investments becomes increasingly complex, and ensuring that owner disbursements-those crucial payments from rental income-are handled smoothly is top of mind.The good n...

Tacoma WA Property Managers: Tax Statements &1099s Explained

From 2024, third-party payment providers must declare any income paid to their clients if it exceeds $5,000. This threshold will decrease as the IRS implements its new taxation policies for these payments.As a property manager, you're likely to act as an intermediary between ...