Top Tips When Buying Investment Property in Olympia

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…

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Washington Security Deposit Laws

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…

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A Guide to the Eviction Process in Olympia WA

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…

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Washington Rental Laws - An Overview of Landlord Tenant Rights in Olympia

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…

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