Property Management Blog

Guide to Commercial Property Marketing Strategies in Lynnwood, WA

In April 2024, the US office vacancy rate was a record 13.8 percent.Most other commercial properties were experiencing similar vacancy rates. As a commercial real estate investor, you're right to be worried about this trend. Most likely, you have several vacant units in your ...

Mastering Commercial Property Asset Management in Lynnwood, WA

The average Washington office building is worth almost $135 per square foot.However, not all commercial buildings are made equal, and maximizing the property value of your own investment will depend on several factors.Read on to learn:The basics of commercial property asset manag...

Things to consider when choosing a Leasing agent

Over 55% of landlords rely on leasing services to manage their properties, which shows how many outsource their needs.Knowing what to look for in a Lynnwood leasing agent is essential for protecting your investment and reducing the vacancy rate. But if this is your first rodeo, y...

Credit Checks and Other Useful Tools for Landlords to Screen a Tenant

There's one thing landlords in Lynwood, WA, have in common: they all want high-quality tenants. Such tenants pay rent on time, use the property respectfully, and don't disturb their neighbors.Getting good tenants, however, requires a lot of effort on your end. It's wh...

Mastering Lease Negotiations: Tips for Achieving Favorable Terms

Imagine you've found the perfect tenant for your rental property, someone who meets all your criteria and seems like a great fit. Now comes one of the most critical stages of the landlord-tenant relationship: negotiating the lease. This process can be a make-or-break moment, ...

How Often Should a Landlord Inspect Rental Property in Lynnwood, Washington?

For landlords here in Lynnwood, Washington, rental property inspections form an important part of the responsibilities of managing a rental property. This is because keeping a close eye on the condition of their property and checking how well their tenants look after it is crucia...

Simplify Your Rental Property Accounting with These Expert Tips in Lynwood, WA

Do you know the ins and outs of your rental property finances? Are you confident in your financial position or ability to invest in new assets? These are some of the reasons why rental property accounting is so important.Want to learn more? Here are some property management tips ...

5 Effective Strategies for Rent Collection Success in Lynnwood, WA

Have delayed rent payments from your tenants become more of a rule than an exception lately? If you've noticed that late payments and even non-payment of rent have been increasing in frequency, then maybe it's time to reassess your approach to rent collection.There are ma...

What Are Typical Application Fees?

Out of 15,804 housing units, 47% are occupied by renters in Lynnwood, Washington. Lynnwood has a huge renter's market so it's a great place to invest in real estate.Landlords can safeguard their investments with tenant screening. This process can be costly if you pay for ...

How Do You Calculate Prorated Rent?

Ever had to figure out your rent payment for a partial month? This often happens when tenants move in or out mid-month, leaving both sides scratching their heads over the correct amount. That's where the skill of property managers in calculating prorated rent becomes indispen...