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QUESTIONS THAT ARE FREQUENTLY ASKED BY NEW CLIENTS
Q: What determines the rent for my property?
A:
Ultimately the rental market. We use our marketing skills, analysis,
and judgment to optimize rents in accordance with your goals.
Q: How are the Security Deposits handled?
A:
Security deposits are deposited into the trust account. They remain in
the trust account until the tenant vacates the property. By Washington State
law, any security deposit money due the tenant must be refunded within
thirty days (30) days.
Q: How are tenants selected?
A:
We carefully screen each prospective tenant application and verify
rental history, employment, and obtain a report which includes credit,
evictions and criminal history.
Q: Do I pay for processing the tenants' applications?
A: No. You pay nothing.
Q: Who pays for maintenance and repairs to my property?
A:
The owner pays for maintenance and repairs unless, in rare cases, the
tenant has agreed to assume responsibility or the tenant has caused the
damage.
Q: Who pays for the marketing of my property?
A:
We pay for all sign age and labor costs related to marketing your
property for rent. If fact, over 85% of renters report to searching for
rentals on line and as such, we strategically position and market your
home/property aggressively on line.
Q: Are management fees tax deductible?
A:
Generally, as a direct expense item. However, you should confirm this
with your tax adviser as your specific situation may be different.
Q: What is typically involved in preparing a property to be rented?
A:
Generally, you should expect to make the property move-in ready for a
tenant. Your property will rent quicker and demand a higher rental
value if it is in good condition.
Call us 425-644-3939
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