Tips for Property Owners

By Red Roof Rentals - Wednesday, September 7, 2016

“Can’t you just find a good renter for my property and then let me manage it myself?”

Let’s check this out, shall we?So let’s just say that a property manager agrees to do this for you… to find a tenant for your rental home for a fee of… oh, let’s say $500.He will do the following for you:Order a sign to be put upAdvertise and show ...

By Red Roof Rentals - Friday, July 8, 2016

DIY – PROPERTY MANAGEMENT 103

Screening Applications“Don’t believe what they say on their application … verify it!” – Jeff Christensen, 2010Everyone claims they are the best choice, promising to pay on time and take good care of the home … but many of those claims prove t...

By Red Roof Rentals - Friday, June 17, 2016

DIY – PROPERTY MANAGEMENT 102

Advertising for Rent“On the highway of life, if you’ve got something important to say, blow your horn! No one else is going to blow it for you.” -Jeff Christensen, 2001Now that you’ve completed the Property Management 101 course “PREPPING YOUR HOME F...

By Red Roof Rentals - Friday, May 27, 2016

DIY – PROPERTY MANAGEMENT 101

Prepping to Rent“It’s so easy, I could train a monkey how to do it!” – Jeff Christensen, 2009Ready to learn? Good. Now put down that banana and let’s get started!ESTABLISH THE RENTAL AMOUNT – Go to Craigslist or Zillow and see what owners of pr...

By Red Roof Rentals - Friday, February 5, 2016

PIERCE COUNTY RENTAL RATE CHANGES

Everyone knows that property values have bounced back a bit since “The Great Recession of 2008”, but what about rental rates on single family homes … what are they doing? Have they gone up?First, let me say that most rents NEVER WENT DOWN here in Pierce County!...

By Red Roof Rentals - Saturday, January 16, 2016

HOW TO MANAGE PROPERTY – 101

You know, I have often told people that a monkey could be trained to do property management … and that I am the proof! There are some finer points to the craft that only those with years of experience can implement, but there are also some BASIC PRINCIPLES that anyone...

By Red Roof Rentals - Friday, November 13, 2015

THE “GREAT RECESSION” OF 2008 and RENTAL PROPERTIES (or “What every farmer knows”)

Consider the story of a dairy farmer and his favorite cow, for which he paid $1,000. Every day, without fail, old bossy produced 5 gallons of rich, creamy milk for the farmer. The cow was happy and so was the farmer!Then one day, for reasons puzzling and unknown to the farmer, th...

By Red Roof Rentals - Saturday, September 12, 2015

ARE RENTALS A GOOD INVESTMENT?

Whether you already own a rental property or are thinking about buying one, the question is the same:“Is real estate really still a good investment?”Let’s look at some facts and compare the most commonly held investments to each other. Many research firms track ...

By Red Roof Rentals - Friday, June 5, 2015

AN OWNER’S QUANDARY – TO RENT IT OR TO SELL IT

“I’ve got to move but I don’t know whether to SELL my home or try to RENT it out. What should I do?”You might be an owner who asks this question and struggles to find answers that make sense. The market prices just aren’t what they used to be so it d...

By Red Roof Rentals - Friday, April 3, 2015

THE VALUE OF FIRST HAND EXPERIENCE

Should you let someone who doesn’t own a rental property manage for you?It’s unfortunate but it happens all the time … rental property owners suffer at the hands of inexperienced property managers. It can be COSTLY and totally FRUSTRATING when you have trusted ...

Red Roof Rentals Blog

“Can’t you just find a good renter for my property and then let me manage it myself?”

DIY – PROPERTY MANAGEMENT 103

DIY – PROPERTY MANAGEMENT 102

DIY – PROPERTY MANAGEMENT 101

PIERCE COUNTY RENTAL RATE CHANGES

HOW TO MANAGE PROPERTY – 101

THE “GREAT RECESSION” OF 2008 and RENTAL PROPERTIES (or “What every farmer knows”)

ARE RENTALS A GOOD INVESTMENT?

AN OWNER’S QUANDARY – TO RENT IT OR TO SELL IT

THE VALUE OF FIRST HAND EXPERIENCE

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