Best Areas to Invest in Olympia
If you’re planning to invest in the Olympia real estate market, then you should look at the right places. The classic advice is to find the most reliable, beautiful, and stable neighborhoods. Though you'll have to pay a bit more for that luxury, you can expect the value of your property to grow. As one of the oldest cities in Western Washington, Olympia boasts of a rich history reflected in its artsy, historic downtown and an abundance of parks. These elements have made this area a great attraction for people and investors in real estate. Ame…
Top Tips When Buying Investment Property in Olympia
Are you looking to invest in Olympia, Washington real estate? We can confirm that it’s an attractive market that has appealed to many people over the years, but it’s not too late for you to join in on its success! Several reasons make real estate a good investment. For starters, few options can offer sizeable and stable passive income. Your Olympia real estate can also experience an increase in rental asking rates and overall value in the right conditions. In addition, property owners enjoy several tax benefits, allowing them to write off mai…
Washington Security Deposit Laws
Conflicts and disagreements between landlords and tenants are quite common. A tenant may move out thinking that they've left the unit in great condition. However, the landlord may hold a contrary opinion. Among the many landlord-tenant laws in Washington is the security deposit laws. As a landlord, you must abide by it when it comes to handling your tenant’s security deposit. The following is everything you need to know about the Washington Security Deposit Laws. 1. Is there a limit to how much a landlord can charge for a security deposit in…
A Guide to the Eviction Process in Olympia WA
Knowledge of the Washington landlord-tenant laws is crucial when running a rental property, and among these laws is the tenant eviction process. As a landlord, you must follow these laws carefully when evicting a tenant for violating a term in your lease agreement. In Washington, an eviction can only be successful if the landlord follows the statewide process. Retaliatory evictions or “self-help” evictions are illegal even in the case of squatters, though they follow their own separate procedure. To help with understanding these laws, the fol…
Washington Rental Laws - An Overview of Landlord Tenant Rights in Olympia
Being a landlord in Washington can, without a doubt, be lucrative. If you do it right, you may be able to diversify your investment portfolio, build wealth, and earn a decent passive income for a long time to come. On top of the benefits, however, comes a fair share of responsibilities. And key among these landlord responsibilities is abiding by the tenancy laws. In the state of Washington, all tenancy laws are contained in the landlord-tenant act. Needless to say, abiding by this act isn’t optional for landlords. Whether it’s raising rent, e…