Property Management Resources Blog

What is a Good Return on Investment for Multi-Family Properties in Greater Seattle?

What's a Good Return on Investment for Multi-Family Seattle Properties?

Multi-family properties can be lucrative investment opportunities. However, determining a good return on investment (ROI) involves understanding a myriad of factors rather than relying on a static figure or a whim. Powell Property Management is here...

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top of an apartment building in the seattle area

How Much Does it Cost to Hire a Property Manager in Washington?

If you're considering hiring a property manager to ease the challenges of being a real estate investor or property owner, you're likely pondering...

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what to expect from a property management company seattle

What to Expect From a Property Management Company in Seattle?

When considering real estate investment in Seattle, one critical decision stands out: choosing the right property management company. A competent...

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the benefits of investing in multifamily properties in seattle

Investing in Seattle: The Benefits of Multi-Family Property Investment

In the ever-evolving landscape of real estate investment, multifamily properties in Seattle present a compelling opportunity. As we navigate through...

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seattle investment properties

12 Ways to Maximize Profits of a Multi-Family Property in Seattle

Navigating the multi-family investing landscape in the Seattle area requires a blend of savvy management and strategic foresight. With the rental...

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apartment building and parking lot in seattle washington

Mistakes to Avoid When Managing Apartments in 2024

Real estate is both a valuable asset and a business endeavor. Careful apartment management plays a large role in turning a profit on your investment....

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seattle skyline photo

Forecast: The Seattle Area Real Estate Market in 2024?

Hello to all future property moguls and seasoned real estate investors! If you've been surveying the Seattle area housing market, sitting on the...

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seattle skyline and puget sound

Is Seattle a Good Place to Invest in Real Estate in 2023?

Hey, future property tycoons! If you've got your eyes set on real estate but are sidelining Seattle because you think it's out of your league—hold...

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seattle space needle

Trendy & Affordable: Top Neighborhoods to Move to in Seattle

Seattle, known for its vibrant arts scene, tech industry, stunning landscapes, and coffee culture, is a dynamic and diverse city that attracts...

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multi-family unit seattle

5 Rental Property Tax Deductions You May Qualify for as a Landlord

Learning what can be deducted from your taxes as a landlord or property owner is very important if you want to maximize your profit on a rental...

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investment apartment greater seattle

7 Mistakes To Avoid When Buying an Apartment Complex

You’re ready to make the investment on an apartment complex in South King County but want to make certain you have as much information about making...

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apartment property in puget sound

Questions To Ask When Buying an Apartment Complex

You’ve had the dream of an investment property in South Puget Sound for a long time, and you’ve finally found an apartment complex you want to...

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puget sound apartment building

Do I Need a Property Manager for my Apartment in South King County?

You’ve made the wise choice of investing in an apartment property in South King County to reap the benefits of multiple income streams. Multifamily...

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apartment building in seattle area

12 Tips for Adding Value to Your Apartment Complex in Puget Sound, WA

Adding value to an investment property is different from adding value to a private home. The value-adding strategy you employ must be more heavily...

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seattle gray sky

Top Country Clubs in the Greater Seattle Area

The Pacific Northwest is known for some of the best golf courses on the west coast, with gorgeous views, golf courses designed by some of the greats,...

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rooftop porch in seattle

What Is The Future for the Greater Seattle Rental Market in 2024?

As an investor, you want to ensure your multi-family property in the Seattle area will be as profitable as possible. So, it stands to reason that...

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multi-family unit in des moines washington

What Expenses to Expect When Operating an Apartment Complex

When evaluating your options for expanding your investment portfolio, purchasing an apartment complex is often suggested as a smart way to diversify...

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apartment community in seattle

How Much Is It to Hire A Property Manager For My Apartment Community?

Managing your own investment properties isn’t always the most efficient choice. Maintaining your investment apartment community with a property...

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investment property seattle area

How To Find A Good Investment Property

Whether you’re expanding your diverse real-estate portfolio or dipping your toe into investment property for the first time, the hunt for the perfect...

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apartment in burien washington

How to Manage An Apartment Complex

You’re interested in adding an apartment complex to your investment portfolio, but there’s plenty to learn about managing a multiplex before you...

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south king county investment properties

Is South King County Good for Investing in Multi-Family Units in 2023?

It’s time to get serious about your investment portfolio. If your current investments are lacking a real-estate component, you are missing serious...

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seattle area multi-plex

Why You Need A Property Manager for Your Seattle Area Multi-Plex

The tenant in 2C says the toilet runs continuously. Four people would like to see 4A this afternoon. 1A is upset that 3B has an unreported dog that...

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investment apartment

Apartment Investing 101

Are you a future landlord? If you’re looking for just the right thing to round out your investment portfolio, an apartment complex could be a good...

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mutli-family investment property in seattle

The Secret to Successful Multi-Family Unit Investments in Seattle

Buying an apartment complex can be an exciting and savvy investment. Whether this comprises one element or the lion’s share of your portfolio, sound...

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apartment exterior seattle

How to Deal with Mold Remediation For Multi-Family Unit Properties

Many tenants express concern about mold and air quality when choosing their next apartment. You could deter quality tenants by showing a property...

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rental listing photos

Tips for Marketing Your Rental Property on Social Media and Online

You are tired of showing your property to people who do not follow up or pass a background inspection. It’s time to get serious about social media...

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example of great rental photos

How to Take Good Showcase Photos of your Rental Property

It’s time to get your rental property photo-ready! The first step to finding a fantastic tenant for your rental property is to showcase your property...

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views of seattle and puget sound

4 Landlord Liability Issues You Should Know About in Burien, WA

From heart-breaking dog attacks to staircases that collapsed under tenants, accidents and injuries on a rental property always begin a discussion of...

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south king county washington

9 Best School Districts in South King County Seattle

Everyone wants the best experience for their children at school. Finding the perfect fit is different for every family. We know our way around the...

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rental building king county washington

How to Communicate with Tenants About Rent Increase in South Sound, WA

If you’ve noticed your rental property offers competitive amenities below market price, it is time to raise your rent. Raising the rent is often part...

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real estate investment return in seattle

6 Ways a Property Manager Can Improve Your ROI

Your rental property got another ticket from the city you don’t understand. You can’t seem to find and keep quality tenants, though you have plenty...

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potential renters avoiding scams

How to Avoid Seattle Rental Scams

You’re exhausted by your search for the perfect rental. Your old lease is up soon, and you’re in a rush to find your new home. Suddenly, the ideal...

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rental unit with furniture

How Much Should I Charge for Rent? Seattle Area Rental Rates

Rental rates affect both tenants and landlords, which is why it’s important to choose your rate carefully. Overcharging for rent could leave you with...

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charging a card for rent

Rent Payments & Technology, 4 Best Ways to Accept Tenant Rent

Your tenant’s checks are bouncing. You notice some tenants' rent has been straggling in later and later as the COVID pandemic drags on. More...

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rental property in greater seattle with management

Navigating Your Property Management Company Relationship as a Landlord

Whether you’re in the market to hire a property manager for the first time, or looking to improve or upgrade your current property management...

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rental house in burien washington

How to Rent Your House in 2022: A Brief Guide

Seattle is not the only area experiencing high demand for housing, but it certainly is among the hottest growing markets in the United States. Given...

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large rental property

In Over Your Head? 6 Signs a Landlord Needs Property Management Help

Every landlord trying to go it on their own has at some point wondered whether their blood, sweat, and tears were worth it. Though hard work is...

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rental home in puget sound

Renting in This Housing Market: Is it Worth it?

With the current high demand for housing in the greater Seattle area, the urge to sell off unoccupied or investment properties in 2022 is completely...

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spreadsheet and calculator

Standard Operating Costs of Managing a Property

Managing a residential rental property requires planning, research, and know-how. While we can never fully predict the future, best-practice...

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seattle restaurant

A Local’s Guide to Des Moines, Washington Restaurants

Whether you're looking for takeout, drinks, a casual bite, or a celebration meal, Des Moines, Washington has options to spare. Though Des Moines is...

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empty apartment available for rent in seattle

Landlord Insurance: Do You Need It?

As you make the transition to a landlord, one important thing to keep in mind is insurance. Likely, you already have property insurance whether it’s...

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pet at home

Pet-Friendly Burien Apartments: Should You Offer Pet-Friendly Options?

Many people around the country consider pets a part of the family, but pets can present their own kinds of challenges within a home. So the question...

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well maintained rental property with view of downtown seattle

Proactive Maintenance: 6 Things Every Landlord Should Do

Whether you own individual homes or an apartment building, real estate is an excellent investment. However, one of the biggest expenses to any...

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Average Property Management Fees in Washington: Residential & Commercial

Average Property Management Fees in WA: Residential & Commercial

The further you dip your toes into the world of rental property the more you'll discover just how much work it takes. With just one rental home, it...

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Keep Good Tenants Happy

How To Keep Good Tenants Happy

Rental properties make excellent additions to any investment portfolio. A quality tenant is worth their weight in gold as they will respect the...

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Rental Trends in Seattle

Top 5 Rental Trends in Seattle for 2021

It's been an interesting year in the Seattle housing market - rental prices have fluctuated while the demand for single-family homes has increased....

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Curb Appeal: 2021 Rental Property Exterior Trends

Curb Appeal: 2021 Rental Property Exterior Trends

Long before potential tenants ask for a tour, in this market you need to learn about outside amenities and upgraded features you can install in units...

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Valuable Landscaping Hacks For Your Rental Property

5 Valuable Landscaping Hacks For Your Rental Property

As a property manager, your time is valuable. You have a lot of things to worry about from drawing in new high-quality tenants to keeping your...

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Pros & Cons of Hiring a Property Management Company

Pros & Cons of Hiring a Property Management Company

When becoming a landlord, choosing which investment property to purchase may seem like the biggest decision to make. In actuality, the most important...

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Hiring a Property Manager in Seattle

Common Fears of Hiring a Property Management Company in Seattle

Being a landlord in Seattle can be a rewarding and profitable venture, but it also comes with several new responsibilities and challenges. For many,...

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Should I Rent or Sell my House

Renting vs. Selling Your House: The Pros and Cons

If you are planning to purchase a new home in the Seattle area, you have to decide what to do with your existing one. Residential property owners...

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Occupancy Rates in Burien

How to Keep Your Apartment Occupancy Rate Under 5% in Burien

It is common knowledge that the key to making a profit off your residential investment properties in Burien is keeping them occupied with long-term...

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Vacancy Rates in Washington State

What Are Ideal Vacancy Rates for Investment Properties? | Des Moines

It’s no secret that once you’ve purchased investment properties in Seattle and got them ready for business, you want to see them populated with...

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To-Do List for New Rental Property Owners

The Ultimate To-Do List for New Rental Property Owners

You’ve taken a leap and invested in real estate in the Seattle area. The next goal is making a worthwhile profit from your investment by renting out...

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Is Seattle a Good Place to Invest in Real Estate in 2021?

Thanks to the growing job market and demand for housing between north Tacoma and West Seattle, suburban Seattle cities like Burien, Des Moines and...

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Must-Have Legal & Rental Agreement Documents for Landlords | Powell Property Management

Must-Have Legal & Rental Agreement Documents for Landlords

Being a landlord in Washington State comes with numerous responsibilities. You want to successfully protect your real estate investment and care for...

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How to Find Off-Market Multifamily Properties in Burien | Powell Property Management

How to Find Off-Market Multifamily Properties in Burien

If you are looking for investment properties in the South Puget Sound area, there are various ways to scour the market place and see what’s...

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apartment building entrance seattle

Is It Better to Invest in Single-Family Properties or Multiplexes?

If you’re interested in becoming a landlord, one of the first decisions to make is what type of investment property you want to own and manage.

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Do Property Managers Pay for Repairs in Washington

Do Property Managers Pay for Repairs in Washington?

In Washington state, tenants have the right to a safe and livable habitat when renting a home or an apartment. As a landlord, it falls on you to...

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Mistakes to Avoid When Listing Vacant Rental Properties in Washington

7 Mistakes to Avoid When Listing a Rental Property in Washington

You could own one of the finest rental homes or apartment complexes in the Seattle area, but if it sits vacant, you won’t see a worthwhile return on...

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Actions Taken During Washington's Eviction Moratorium to Protect Landlords & Tenants in Seattle

Washington's Eviction Moratorium: How To Protect Landlords & Tenants

The ongoing COVID-19 pandemic, as well as the associated legislation passed at the state and local level in response, has created an unprecedented...

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Top 6 Traits of a Great Landlord Near Seattle (& How to Become One)

Top 6 Traits of a Great Landlord Near Seattle (& How to Become One)

Anyone who owns a rental property in South Seattle is technically a landlord, but there is a whole lot more involved in fulfilling the...

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Tenant Acquisition Questions to Ask Applicants near Seattle

23 Tenant Screening Questions to Ask Applicants near Seattle

As a landlord in Seattle, one of your top goals is likely to maximize your occupancy rates. After all, your real estate investments aren’t worthwhile...

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Attention all Landlords - Tips for Getting the Best Tenant

How to Find Good Tenants for Your Rental Property in Washington

Being a landlord can be more challenging than it sounds. There’s much to do and often little time to do it, especially if you are dealing with...

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How to Determine a Property's ARV (After Repair Value)

How To Determine a Property's ARV (After Repair Value)

Not every potential investment property on the market in the South Puget Sound area is in tip-top shape, and that’s okay. Sometimes you can maximize...

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Ways to Reduce Apartment Expenses & Operation Costs in Washington

7 Ways to Reduce Apartment Expenses and Operating Costs in Washington

As the old adage goes, you have to spend money to make money. As the landlord of an apartment complex or other multifamily dwelling in the Seattle...

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apartment property in seattle

Apartment Investing for Dummies: How to Buy & Manage Apt Complexes

Apartment complexes have the potential to be valuable investment propertiesthat provide you with a steady income source for many years to come. To...

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What the Extended Eviction Moratorium Means for Landlords in Washington

What the Extended Eviction Moratorium Means for Landlords in WA

The coronavirus (COVID-19) outbreak has created a hardship for both landlords and tenants throughout Washington state—not to mention the entire...

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How to Maximize Apartment Occupancy Rates in the Seattle Market

Maximize Occupancy Rate in the Seattle & South King County Market

Demand for apartments in Seattle has increased over the past decade and is expected to stay strong in 2020, but that doesn’t automatically translate...

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What Does a Property Manager Do?

What Does a Property Manager Do?

If you own a commercial or residential investment property in the South Sound area near Seattle, you may find that managing that property is a little...

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COVID-19 Rent Assistance Programs to Tell Your Tenants About

COVID-19 Rent Assistance Programs to Tell Your Tenants About

We know this is an unprecedented time of uncertainty and anxiety for landlords and residents alike. Many tenants are suffering from job losses,...

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Tips for Collecting Rent from Tenants During COVID-19

5 Tips for Collecting Rent from Tenants During COVID-19

In light of the global coronavirus pandemic, one important question is hitting home for both landlords and tenants: What to do about rent?

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Pet Renting Deciding Whether or Not to Allow Pets in Your Seattle Rental Property

Pet Renting: Deciding Whether to Allow Pets in Your Seattle Rental

Landlords and property owners have plenty to consider when it comes to their rental properties, including the monthly rate per unit, how to keep up...

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Real Estate Calculations for Landlords

[Real Estate Formulas Cheat Sheet] 12 Math Calculations for Landlords

Managing your real estate investment is like any other type of business enterprise. It involves careful record-keeping, tracking income from your...

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Why Burien is the Best Place to Invest in Washington Real Estate

8 Reasons Burien Is the Best Place to Invest In Washington Real Estate

Real estate is often viewed as a solid investment choice. Whether your residential or commercial investment property turns a profit, however, depends...

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7 Common Problems Landlords Face

7 Common Problems Landlords Face in Burien

If you’re a rental property owner/landlord, you’re no stranger to multitasking. Landlords and property managers have many important responsibilities...

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Ways a Property Management Company Can Save You Money

6 Ways a Property Management Company Can Save You Money

Owning a residential or commercial rental property can be an effective way to make money, but turning a profit on that investment is not as easy or...

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How to switch property management companies in Seattle

How to Find the Right Property Manager in 2020

These days, most investment property owners understand the need of hiring someone to help them manage their property, handle day-to-day...

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Real Estate Investing for Dummies

Real Estate Investing for Dummies: How to Get Started

Owning rental properties in Seattle or the surrounding suburbs can be an ideal way to make a passive income, but it requires an influx of time,...

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Technology That Makes Tenants Lives Easier

Technology That Makes Tenants' Lives Easier

Taking advantage of the current technology available on the market is a practical way to streamline and simplify various aspects of the renting...

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New 55+ Living Homes for Rent at Parkview in West Seattle

New 55+ Living Homes for Rent at Parkview in West Seattle

Powell Communities now has 55+ apartments available for rent in West Seattle, WA. These apartments, located in the Parkview building on the Daystar...

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Property Management Tips for the First Time Landlord

Property Management Tips for the First Time Landlord

When you undertake a new enterprise, you can expect to experience some type of learning curve, no matter how much research and preparation you’ve...

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How to Switch Property Management Companies in Seattle

How to Switch Property Management Companies in Seattle

Within all industries, there comes a time when you benefit from ending a professional relationship. Even though your reasoning may be pragmatic and...

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How Much Should You Charge for Rent in Seattle, WA

Rental Rates in Seattle - How Much Should I Charge for Rent?

If you are a homeowner or property owner in the Seattle area and you’re thinking about renting out your property, there are a number of factors to...

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What to Do with Your Home When You Move Out of State

What to Do with Your Home When You Move Out of State

Moving to another state can be an exciting—and often stressful—situation. There are so many things to plan for and take care of before, during, and...

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7 Best Smart Home Devices to Install in 2020

7 Best Smart Home Devices to Install in 2020

New smart home devices are hitting the market so frequently these days, it can be tough to keep up with. Fortunately, the rapid growth of different...

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How to Know if Your Property Management Company Is Doing a Good Job

How to Know if Your Property Management Company Is Doing a Good Job

Although it’s possible to manage your rental properties yourself, often doing so isn’t the best decision. It depends on the individual investors and...

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How to Handle Tenant Emergencies Over the Holidays

How to Handle Tenant Emergencies Over the Holidays

The holidays are here again, and for most of us, that means we’ll be taking some time away from our usual day-to-day schedules to spend time with...

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Holiday Decorating Trends to Look For

2018 Holiday Decorating Trends to Look For

The holidays are just around the corner, so it’s time to start getting in the holiday spirit. Decorating your home and office for the holidays can be...

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When's the Best Time to Hand Your Real Estate Investment Portfolio to A Property Management Company

When to Hand Your Investment Property to a Property Management Company

As a real estate investor, one of the most important decisions to make after purchasing a property is how it will be managed. A successful investment...

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The Most Common Mistakes Seattle-area Investment Property Owners Make

The Most Common Mistakes Seattle-area Investment Property Owners Make

Owning a residential or commercial investment property can be a great way to make money. Like most business opportunities, however, it’s not always...

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rental property puget sound

What Makes a Good Tenant-Landlord Relationship?

Over the years, I have been a tenant as well as a landlord. Signing a lease for an apartment involves trust and good communication from both sides....

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Powell Property Management Announces Construction of Village Green Memory Care Facility in Federal Way

Powell Property Management Announces Village Green Care Facility

Local Owners Monte and Diane Powell Working to Achieve Full-Service Vision for Federal Way Seniors FEDERAL WAY, Wash. (Nov. 17, 2017) – Powell...

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