Bellevue Rental Condo Success Story
Property Management Services
The owners of this cozy condo in Bellevue’s Factoria neighborhood had owned this condo for many years before turning it into a rental that they managed themselves. They got tired of the late night calls and the headaches of day-to-day property management and sought us out for professional management services. This allowed them to focus on spending more time with their family, pursue their ambitions, and know that the rent was being automatically deposited into their bank account each month and their investment was being properly maintained without lifting a finger.
“Did a wonderful job managing our property for the last 7 years.
Took care of some minor problems expeditiously.
Would recommend them to anyone.“
— John, property owner
Highlights
Peace of Mind with Professional Management
John, the property owner, had been doing the management himself. But he was frustrated with the resident requests coming in on nights and weekends, the changing landlord/tenant laws and regulations, and the amount of time required to find new residents. He hired us to take over and do it all for him, providing him with peace of mind.
Investment Protected For Seven Years
Over the course of seven years, our team managed four sets of residents, smoothly handling the move-ins and move-outs, the marketing, the maintenance requests, and all of the lease compliance issues. With the turnover of residents, and in conjunction with some strategic updates and upgrades to the rental unit, the rental rate was increased 133% over the course of the seven years.
Cashed Out To Fund Retirement Lifestyle
In accordance with John’s plan, at the end of the lease this spring our sales team listed and sold the rental property. The proceeds are funding John’s comfortable retirement.
House Goals Realized
Real Estate Sales Services
Guiding you on your real estate journey by providing a transparent, compassionate, and dare we say fun experience for buyers, sellers, and investors of residential real estate across the Seattle area.
Property Management Services
Managing and protecting your Seattle area real estate investments with a focus on maximizing your return and providing full-service professional property management services since 2005.