Category: Landlord Business
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Gone with the Rent: Steps to Navigate Tenant Abandonment in WA
When dealing with tenant abandonment in Washington State, landlords should follow a structured process as outlined in RCW 59.18. This includes assessing the situation, attempting contact, issuing notices, securing the property, managing abandoned items, documenting all steps, and ensuring legal compliance before re-renting the unit. Proper procedures help avoid legal issues.
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Initiative Measure No. 1 in Tacoma
Is the Landlord Fairness Code Fair to Landlords The debate around the recently passed Landlord Fairness Code has sparked heated debate. One side won their campaign by marketing it as legislated accountability. The other side says that tenants are not held accountable at all. Tacoma Initiative 1 was on the ballot as an initiative in Tacoma on November 7, 2023. It…
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The Landlord’s Odyssey: A Tale of Rent, Law, and Lessons
This true-to-life tale recounts Mrs. Bennett’s ill-advised attempts to exploit the soaring property market during the COVID-19 pandemic by dramatically increasing the rent of her loyal tenants. Despite her maneuvers, her tenants, well-versed in their rights, resisted her efforts, leading to legal repercussions for Mrs. Bennett. The story underscores the importance of adhering to laws,…
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Is a Rental Property LLC the Right Move for You?
It’s the age-old question that every Rentpreneur© contemplates at some point; ‘should I put my rental property into an LLC.’ With so many “gurus” on social media with an opinion that they present as fact, it’s hard to make a decision. Here is an unbiased discussion of the pros and cons of putting your rental…
Business and Landlording on the West Side of Washington 