Property Management Blog

By Team Next Brick - Wednesday, April 19, 2023

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

According to a recent report from the National Association of Realtors, Seattle is one of the ten most expensive markets in the US right now. Average home sale prices currently sit at a little less than $709,000.Yet, prices are trending downward. And though the rental market...

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By Team Next Brick - Monday, March 6, 2023

Is it Better to Invest in Residential or Commercial Real Estate?

Is it Better to Invest in Residential or Commercial Real Estate?Is it Better to Invest in Residential or Commercial Real Estate?Are you wondering if it's better to invest in residential or commercial real estate? Here is a guide on how to choose the right property to invest i...

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By Team Next Brick - Monday, February 13, 2023

How Much Should You Charge for Rent?

Rent. It is something that can drive a landlord and a tenant crazy. There has to be the right balance for a tenant to afford it and for a landlord to make it worth renting a place out. In 2022, the average rent across the United States was $1,326. How much should you charge for r...

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By Team Next Brick - Wednesday, November 2, 2022

How Much Will Maintenance Cost Each Year For My Rental Property?

Are you looking for ways to budget for rental property maintenance? This guide explains how much maintenance will cost each year for your rental property.‍Taking care of your rental properties or other investments will help you get the most value out of them.Seattle is expectin...

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By Team Next Brick - Tuesday, September 20, 2022

Depreciation and Your Investment Property

Many benefits come from owning rental properties. With some hard work, savvy investors can quickly build a portfolio of cash flowing units, especially in a hot market like we have in the Seattle area. One of the best and least understood benefits of real estate investing ...

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By Team Next Brick - Saturday, August 20, 2022

Build-to-Rent Homes

What are Build-To-Rent homes? Build-to-Rent homes are usually single family homes, often built close together in tight, clustered communities, which are meant to be rented to tenants as opposed to lived in by the owner. They usually feature more high end amenities such as gourmet...

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By Team Next Brick - Tuesday, August 2, 2022

How High Interest Rates Will Affect Real Estate Investors

If you are planning on adding to your real estate investment portfolio anytime soon, you will need to consider how the rising interest rates will affect your investment. As we have already seen, the Federal Reserve Bank has raised rates several times over the past few mont...

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By Team Next Brick - Sunday, July 10, 2022

7 Tips for Expanding Your Property Portfolio

Are you a first-time investor looking to expand your portfolio? Click here for seven practical tips for expanding your property portfolio.Keyword(s): full service property management, Seattle property managerDid you know that as of June 2022, the average salary of a real estate i...

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By Team Next Brick - Sunday, June 19, 2022

Landlord Selling Your Rental Home? Know Your Renter’s Rights

Landlord Selling Your Rental Home? Know Your Renter’s RightsIf your landlord suddenly decides to sell your rental home, explore the important things you need to know about your renter's rights!Keyword(s): renter's rightsWhile there is some evidence that the housing market is st...

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By Team Next Brick - Thursday, May 19, 2022

7 Lesser-Known Costs of Owning Investment Properties

Many people don't understand the true cost of owning investment properties. Here is a guide to these costs from the best property manager in Seattle.Keyword(s): best property manager in SeattleWhen it comes to investment properties, generally as a rule of thumb, if you meet the 1...

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