Protect Your Rental Income with Next Brick’s Comprehensive Property Management Guarantees

Owning rental property in Seattle and Bellevue comes with its set of challenges, but it doesn’t have to be stressful. With Next Brick’s unmatched property management guarantees, you can ensure steady cash flow and peace of mind. Our services offer financial and legal support to protect your investment, from tenant placement to legal protection. We’ve got you covered.

Why Choose Next Brick? At Next Brick, we provide more than just property management services. We offer guarantees that give you the peace of mind you deserve, knowing that your rental income is protected. Our guarantees cover everything from securing reliable tenants to offering legal and financial support when things go wrong, ensuring that you can focus on maximizing your investment without the headaches.

Our Guarantees to Protect Your Investment

Here’s what Next Brick guarantees to make sure you’re protected in the Seattle and Bellevue residential markets:

Tenant Placement Guarantee: If we don’t secure a tenant within 30 days, your first month’s management fee is on us. We understand the importance of minimizing vacancy periods, and we’re committed to ensuring your property is leased quickly with a qualified tenant. If we fail to do so within the specified timeframe, you won’t pay for our management services in the first month. According to Huduser.gov, in Seattle and Bellevue - where vacancy rates have been around 7% as of the second quarter of 2024, tenant placement has become more crucial than ever.

Pet Guarantee: Pets are an essential part of many tenants’ lives, but they can cause unexpected damage. According to a 2023 study by the American Apartment Owners Association (AAOA), pet-related damages are one of the top reasons for property damage claims. With our Pet Guarantee, you're covered for up to $2,000 in damages, ensuring that your property remains intact even when pets are involved. This coverage is becoming increasingly important in Seattle and Bellevue, where pet ownership has risen by 15% over the last five years.

Eviction Guarantee: Evictions are costly and time-consuming. A 2022 report from the National Multifamily Housing Council (NMHC) found that eviction rates in major cities like Seattle and Bellevue rose by 7% due to rising rent prices and market instability. With our Eviction Guarantee, you’re protected from these costs. We cover up to $2,000 in legal fees, including court costs and attorney fees, ensuring you don’t face financial hardship when eviction becomes necessary. This guarantee protects you from unexpected legal burdens in Seattle and Bellevue’s competitive rental markets.

Owner’s Satisfaction Guarantee: Next Brick goes beyond traditional property management. We offer unmatched guarantees to provide you with peace of mind, knowing that your property and rental income are protected. If for any reason you are dissatisfied with our services, we work diligently to resolve the issue and ensure that your needs are met. In fact, data from the National Association of Residential Property Managers (NARPM) shows that properties with professional management services experience 15% lower vacancy rates and a 25% reduction in tenant turnover, directly impacting your bottom line in Seattle and Bellevue.

The Importance of Property Management Guarantees in Seattle and Bellevue

Seattle and Bellevue's rental markets are dynamic and competitive, with new regulations and economic shifts impacting landlords regularly. In 2024, the Fair Market Rent for a two-bedroom apartment in the Seattle-Bellevue area reached $2,645 per month, a significant 20.28% increase from the previous year's $2,199. This surge underscores the importance of strong guarantees to mitigate risks and ensure consistent income for property owners. Despite the competitive landscape, many property management companies in Seattle and Bellevue offer limited guarantees. However, Next Brick provides a comprehensive approach, ensuring landlords are protected in every aspect of their rental business.

Ready to Protect Your Investment? Next Brick’s comprehensive guarantees make property management seamless and stress-free. Whether you need help with tenant placement, managing legal issues, or maximizing your rental income, we are here to assist. Get started today and ensure your investment is well-protected with our unmatched guarantees in Seattle and Bellevue.

FAQs

1. What happens if my property isn’t leased within 30 days?
   If we don’t secure a tenant within 30 days, we’ll waive the first month’s property management fee.
2. What conditions must be met for the Tenant Placement Guarantee to apply?
   
   • The 30-day period starts when the property is move-in ready and listed for rent.
   • The rental price must be set based on market data and our recommendations.
   • The property must meet safety and habitability standards.
   • The guarantee does not apply if the owner declines qualified applicants or delays approvals/repairs.
3. Does the Pet Guarantee cover damage caused by an ESA (Emotional Support Animal)?
   No, ESA animals are not considered pets under fair housing laws, so they are not subject to pet rent or the Pet Guarantee. Any damages caused by an ESA are the tenant’s responsibility.
4. How does proration work if pet damage exceeds the tenant’s portion?
   As required by Washington state law, if pet damage needs to be prorated, our guarantee only covers the tenant’s portion, and the owner is responsible for their share of the costs.
5. Are there any exclusions to the Eviction Guarantee?
   
   • Only applies to tenants screened and placed by Next Brick.
   • Valid for the first 12 months of the lease.
   • Next Brick must handle the eviction process.
   • Does not cover lost rent, property damage, or evictions due to owner-related lease violations or habitability issues.