The Unseen Power of Municipal Elections in Washington State
Daniel Bannon | Grassroots Organizer | dbannon@RHAwa.orgIn the realm of politics, the spotlight often falls on national and state elections, while municipal elections typically receive less attention. However, for housing providers in Washington State, participating in these local elections is far from a mere formality. It is a significant opportunity to shape rental housing perspectives in your immediate jurisdiction and influence the trajectory of your community. Due to the fact that many people underestimate the importance of municipal elections, here is an overview of how municipal elections are just as, if not more, impactful than elections at the state and federal levels.
IN THIS ISSUE
The Direct Impact on Everyday Life
Perhaps the most compelling reason to participate in municipal elections is their direct impact on our daily lives. Municipal governments are responsible for a vast array of services and decisions that shape our everyday experiences. From the condition of the roads we traverse, the state of the parks where our children play, to the quality of education in our public schools, local governments wield enormous influence.
As we’ve seen in King County, especially Seattle, city councils often pass policies that are more restrictive than
CONTACT US
Accounting + Membership Administrator
Geoff Schertz: (206) 905-0606
Board Administrator
Jim Nell: jnell@RHAwa.org
Business Development Specialist
Luke Brown: (206) 905-0610
Creative Director
Sisi Mereness: (206) 905-0605
Deputy Director
Melissa Canfield: (206) 905-0615
Education + Resources
Denise Myers: (206) 905-0614
Event Coordinator
Chloe Moser: (206) 905-0600 | cmoser@RHAwa.org
Grassroots Organizer
Daniel Bannon: (206) 905-0609
Member Services Specialist (Resource Desk)
Sue Lewis: RHAwa.org/supportcenter
Member Services Specialist (Screening)
Val Kushi: (206) 283-0816 | screening@RHAwa.org
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EXECUTIVE COMMITTEE
President
Sean Flynn
Vice President
Christopher Cutting
Past President
William Shadbolt
Cathy Jeney
Chris Dobler
(206) 905-0609
the policies that are passed at the state level. These policies directly impact your ability to manage your rental property. Seattle has seven of its nine seats up for reelection this year which presents us with one of our biggest opportunities to change the course of Seattle rental housing legislation.
Representation and Accessibility of Elected Officials
Unlike state or federal representatives, local officials are your neighbors. They shop at the same grocery stores, their children attend the same schools, and they use the same local services. This proximity and shared experience mean they are likely to be more attuned to the nuances of local issues and more responsive to their constituents' concerns. Furthermore, this could make it easier for you to communicate your experiences with local lawmakers when compared to lawmakers at the state level. Simply due to the fact that local lawmakers represent a fewer number of individuals, they often have more time to engage with individuals who reside in their jurisdictions.
Shaping Future Leadership
ing a significant difference in your community's leadership and the direction of its policies.
Innovation in Policy Making
Local governments are often the testing grounds for new policy proposals. As we have seen with A Regional Coalition for Housing (ARCH) proposals in the last few years, new ideas often get their start at the municipal level. Many of the policies that appeared in the 2023 Legislative Session were directly influenced by the ARCH policies spreading across Puget Sound. By participating in local elections, you can support candidates who propose alternative solutions to our housing crisis which would be less harmful than the current approach excessive regulation of housing providers. We need to elect candidates who have different perspectives on rental housing legislation. Forward-thinking, practical, solutions to the issues in our rental housing industry could arise from a single city council and spread throughout the state.
Civic Engagement and Community Investment
RHAWA Current is published every month by the Rental Housing Association of Washington. Copyright ©2023 RHAWA Current with all rights reserved. Reproduction or use without permission of editorial or graphic content in any manner is prohibited. All copyrights, trademarks, and servicemarks are property of their respective owners. P.O. Box 31103 Seattle, Washington, 98103.
Chris Gurdjian
Cory Brewer
Devin Easterlin
Secretary
Larry Crites
Treasurer
Neil Wilson
DIRECTORS
Jason Dolloph
Kaitlyn Jackson
Mark Mullally
Sharon Cunnington
Synthia Melton
LEGAL COUNSEL
Christopher Benis
It is worth noting that many politicians begin their careers in local government. Their performance in local offices can significantly influence their chances of serving in higher offices. By voting in municipal elections, you have a say in the early political careers of these individuals, helping to shape the future leadership of your state and potentially the nation. This is one of the most overlooked aspects of municipal elections: the city council member you elect in 2023 could be your state senator a few years later and they will remember who took the time to work with them in the early days of their career.
Maximizing Your Voting Power
In municipal elections, the number of eligible voters is smaller, and the turnout is typically lower than in state or federal elections. This dynamic means that each vote carries more weight in local elections. In close races, your vote could be the deciding factor, mak-
Lastly, participating in municipal elections is a testament to civic engagement and community investment. Voting is a vital aspect of a democratic society and as a member of RHAWA, you have the ability to get even more involved with just a few clicks. RHAWA makes it easy for our members to support a multitude of candidates by simply donating to the RHAWA PAC. RHAWA ensures that all PAC-supported candidates are supportive of small housing providers and will fight for your rights if elected to public office.
The importance of municipal elections in Washington State cannot be overstated. The decisions made at this level shape our communities, from the quality of public services to the representation of the interests of housing providers. By voting in our upcoming elections and donating to RHAWA PAC, you have the power to directly influence our communities and help pave the way for a better future.
Importance of Using an Application
Summer is quickly approaching and with that, it is the busiest season for moving in. RHAWA is here to help you to prepare and get ready to receive applications. To help us process your screening requests faster and to avoid delays, we ask that each field in the application be completed accordingly.
Throughout the years we have seen several housing providers operating without having the tenant complete an application for tenancy. Requiring applicants to fill out an application for tenancy is one of the most important steps you can take when screening your prospective tenant. Not only will you rely on this information for checking credit and background information, but you will also need to have this on file if you decide to rent to them. So, make sure that the information provided is both legible and complete. RHAWA’s Application for Tenancy is constantly updated to reflect rapidly changing laws. Below is a breakdown of the information requested on the application and its importance.
Owner/Agent/Contact Information
This should be filled out with your information so that when you submit your tenant screening order, we know how to contact you. It also allows you to select your tenant screening package. Do not put the applicants’ information in this space.
Applicant Information
Make sure that this is filled out legibly. The information in this section is what
is used to pull credit, criminal and eviction information. The accuracy of this data is particularly important. When going over the information, check it against the applicant’s ID to make sure it matches.
Occupancy Information
This section provides further information about your applicant and who will be residing in the rental unit with them. Remember, it is recommended that anyone 18 or older who will be residing on the premises, should fill out a rental application and should be screened.
about criminal history other sex offender registry..
Financial Information
Allows the applicant to provide information regarding what type of accounts they have with financial institutions and other financial obligations they will be responsible for in addition to the cost of rent.
Previous Residence History
Make sure this section has been filled out completely. This information is pertinent to checking on rental history of your prospective tenant - Landlord/
bank records to verify the information provided is correct.
Emergency/Personal Contacts
This information is helpful if there is an emergency regarding the safety of the tenant or may be helpful if you are unable to reach the tenant after they move out.
Acknowledgment
Make sure that all applicants have read and signed the rental application. If you are contacted in the future regarding an inquiry into their credit or background, this is your proof that they gave you permission to do so. It is also a brief summary of their rights as an applicant which is important for them to be aware of.
Always make sure you are using the correct application for where your property is located. You will want to ensure you go to our website and download the latest application. Using an older application may mean you are out of compliance with the newest laws and ordinances.
Personal Background History
This section gives the applicant the opportunity to be forthcoming about any criminal charges that may have been filed against them. Please note that per RCW 19.182.040 some records older than seven years will not be reported on a tenant screening report. Also please note that in the city of Seattle, you have limited access to criminal records under the Fair Chance Housing Ordinance and that you may not ask
Manager’s name and phone numbers are very important.
Income History
The information in this section helps when verifying your applicant’s income. Make sure the employer’s name and phone number are listed. In addition to contacting their employer for verification you may also want to request paycheck stubs, tax returns, or
If you have not gotten screening certified yet you can learn about the process here https://www.RHAwa.org/certification-process.
For more information on our applications please visit our website at rhawa. org/forms. You may also contact our Support Center at www.RHAwa.org/ support-center.
Formal legal advice and review is recommended prior to selection and use of this information. RHAWA does not represent your selection or execution of this information as appropriate for your specific circumstance. The material contained and represented herein, although obtained from reliable sources, is not considered legal advice or to be used as a substitution for legal counsel.
REQUIRING APPLICANTS TO FILL OUT AN APPLICATION FOR TENANCY IS ONE OF THE MOST IMPORTANT STEPS
JUNE CALENDAR
PROPERTY WALKTHROUGH BEST PRACTICES
When: Thursday, June 1 | 2-3pm
Cost: $30 Members | $60 Freemium Subscribers | $90 Guests
One of the most widely recommended best practices for managing rental properties is to do an annual walkthrough of each property and unit. Most property damage horror stories can be avoided by diligently following an annual inspection process to assess and evaluate any routine maintenance requirements or property care red flags. Experienced property maintenance provider Phil Schaller will review best practices for communicating with tenants and what to include on your checklist for a thorough DIY inspection. He will also share examples of how you can spot the signs of issues and stop major damage before progresses too far.
HOUSING PROVIDER WORKSHOP (2-PART SERIES, 4-CLOCK HOURS)
Learn everything you need to know about renting out a home in Washington, including new State laws, all relevant Federal laws, how to ensure you are following specific local laws*, and best practices for efficient operations. This 2-PART WORKSHOP will include the following segments:
Part 1: Wednesday, June 7 | 2-4pm
Cost: $30 Members | $200 Freemium Subscribers
Getting Ready to Rent: Finding your local laws including registration and inspection requirements, and fair and effective advertising and tenant selection practices.
Leasing and Move-in: Property condition and the security deposit, selection of rental agreement terms.
Part 2: Wednesday, June 14 | 2-4pm
Working with Tenants: Best practices and notices to encourage compliance with terms, notices to increase rent, change rules, or enforce compliance with terms of your agreement
Managing Move Outs: Good Cause to end tenancy, security deposit accounting, and more.
*This class will not cover Seattle laws in depth. Seattle Housing Providers are encouraged to watch the Seattle Housing Provider Workshop on demand.
Instructors: Kaitlyn Jackson, Attorney and RHAWA Board member and Cory Brewer, Property Management Professional and RHAWA Board member.
RHAWA MEMBERSHIP PREVIEW & ORIENTATION
When: Tuesday, June 13 | 1-2pm
Cost: Free | Registration Required
Please join our team for an overview of Member Benefits and Services offered by RHAWA. Participants will receive a tour of the RHAWA website and tools, and are encouraged to ask questions relating to member benefits throughout the meeting. This meeting is designed for New Members and those considering membership with RHAWA. Specific Property Management and Legal questions cannot be addressed during this meeting. Seats are limited to 25 participants and registration is required.
LINK MEETINGS
Casual member meetings with topical discussions. No fee, simply order and pay for food at restaurant venues.
• Claim Jumper, Tukwila | Fair Housing
When: Tuesday, June 13, 6:30-8pm
• Harbor Lights, Tacoma | Fair Housing
When: Thursday, June 15, 6-7:30pm
• Angelos, Bellevue | Fair Housing
When: Tuesday, June 20, 6:00-8pm
• Bob’s Burgers, Everett | Fair Housing
When: Thursday, June 22, 6:30-8pm
*Meeting time and subject may change. Please check the calendar at RHAwa.org/events.
SEATTLE RENT INCREASE REQUIREMENTS
When: Wednesday, June 21 | 2-4pm
Cost: $30 Members | $60 Freemium Subscribers | $90 Guests
Thanks to a total of four new ordinances that went into effect in 2022, increasing rent in the City of Seattle is more complex than ever. Now with several month's experience working under these new laws, Christopher Cutting, housing provider, attorney and RHAWA vice-president will explain the new requirements and share best practices for various common circumstances. He will also discuss any questions related to managing rent increases in Seattle as time permits.
LEGAL EXCHANGE: NETWORKING, NOSHING AND NAUTICAL FUN!
When: Wednesday, June 28 | 4-8:30pm
Cost: $100 Members | $125 Last Minute Members Only
Location: The MV Skansonia -
205 Northeast Northlake Way, #6855, Seattle
Operating rentals in Washington has never been more complicated. Over the last few years, conflicting state and local laws have changed everything from lease renewals to rent payment enforcement. This is your chance to hear several attorneys, currently practicing landlord-tenant, real estate, and business law across Washington, discuss your most difficult questions.
ALL CLASS SESSIONS ARE PRESENTED ONLINE ONLY UNLESS OTHERWISE SPECIFIED.
Considering Remodeling Units at Your Multifamily Property? Here's What You Need to Know.
Brian Platt, Michael Urquhart and Ben Douglas | Paragon Real Estate Advisors | RHAWA Vendor MemberOne aspect of multifamily property management that requires careful consideration is upgrading your units. Remodeling units can be costly, but it can also attract higher-quality tenants, higher rents, and improve the overall value of the property. In this article, we will explore the pros and cons of upgrading units at a multifamily property.
PROS:
1. Attract Higher-Quality Tenants: Upgrading units can attract higher-quality tenants who are willing to pay more for a renovated or updated apartment. Renovations can include stainless steel appliances, quartz countertops, new flooring, new fixtures, modern finishes, and updated bathrooms. These upgrades can make a property more desirable to tenants who are looking for a modern and comfortable living experience.
2. Increased Rental Rates: Upgraded units can also justify higher rental rates, which can help increase the revenue generated from the property. As a result, upgrading units can be a smart investment that yields long-term returns.
3. Improve Overall Property Value: Upgrading units can also increase the overall value of the property. Renovations can make a property more attractive to potential buyers or investors, which can lead to a higher sale price when the time is right.
4. Tenant Retention: Upgraded units can also help with tenant retention. A renovated unit can provide a more comfortable living experience, which can help tenants feel more at home and less likely to move out. While the logistics can be tricky moving them to another unit temporarily, the payoff is worth it long term.
CONS:
1. Upfront Costs: Remodeling units can be expensive, especially if the units are outdated or require significant renovations.
2. Disruptive Construction: Upgrading units can also be disruptive for existing tenants so most of the time it can only be done when there is a turnover in a unit.
3. Return on Investment: Upgrading units may not always result in a positive return on investment. While renovations can lead to higher rental rates and increased property value, it is important not to over improve the units to the extent you do not receive a return on your investment. This is particularly true if your unit has already seen some updates in the past and your current rent is at or close to market. Further improvements to these units may not bolster much of a change in your rent.
Through working with our clients and our understanding of the rental market, we
Ben Douglas Brian Platthave seen certain updates bring the greatest return on investment. Focusing on improving the kitchen and bathroom fixtures, such as lighting, faucets and other fixtures is cost effective and makes a world of difference. Upgrading appliances to modern and energy-efficient models can also increase the unit's appeal and justify higher rents. Additionally, fresh paint, new flooring, countertops, and cabinets can give a unit a more modern look and feel, making it much more attractive to potential renters.
If you're considering upgrading your units, our team can offer valuable assistance in determining if it's the right investment for your property. We provide a comprehensive market analysis tailored to your specific property to help you make an informed decision. With our expertise and analysis, you'll have all the necessary tools to confidently make the best investment decision for your property. Don't hesitate to reach out to us for help in upgrading your units today!
If you would like to know more about 1031 exchanges, want to know the market value of your investment property or would like a referral to a tax, legal or 1031 exchange professional, please feel free to reach out to anyone on their team. Brian Platt at Brian@ParagonREA.com (206) 251-8483, Michael Urquhart at Michael@ParagonREA.com (425) 999-6650, or Ben Douglas at Ben@ParagonREA. com (206) 658-7247.
CROSSWORD PUZZLE RENT INCREASES
Rent Increases Across Washington
ACROSS WASHINGTON
Across
2. Notice period for any rent increase under Washington State Law.
3. Special delivery requirements like eviction notices required for rent increases in Auburn, Burien, Olympia, and Seattle.
Across ashington State Law notices required for rent increases in Auburn, Burien, Federal Way, and Seattle. Seattle law.
5. Required language on notice form in Burien, Federal Way, and Seattle.
6. Notice period for any rent increase under City of Seattle law.
Down
1. Notice for increase greater than 3% and up to 10% in Burien, Kenmore, Kirkland, Port Townsend, Redmond, and SeaTac.
1. Notice period for increase greater than 3% and up to 10% in Burien, Kenmore, Kirkland, Port Townsend, Redmond, and SeaTac.
4. Economic Displacement Relocation Assistance for tenants forced to move by rent increase 10% or greater in Seattle.
4. Economic Displacement Relocation Assistance for tenants forced to move by rent increase 10% or greater in Seattle.
Note: See article on page 12 for details on rent increases in Washington. Solution will be in the next issue of the CURRENT.
The Influence of Remote Work on Rental Demand in Washington: ADAPTING TO CHANGING NEEDS
The COVID-19 pandemic brought about a significant shift in the way people work, with remote work becoming the new normal for millions of employees across the United States. This shift has had a profound impact on the housing market, particularly in states like Washington, which has a thriving tech industry. As remote work becomes increasingly prevalent, rental demand patterns are changing, and small housing providers must adapt to meet these evolving needs. This article will discuss the influence of remote work on rental demand in Washington and explore how small housing providers can adjust their strategies to accommodate these changes.
THE IMPACT OF REMOTE WORK ON RENTAL DEMAND
Remote work has not only transformed the way employees work, but it has also altered their preferences and needs when it comes to housing. Some of the key changes in rental demand due to remote work include:
1. Demand for Larger Living Spaces: With more people working from home, the need for larger living spaces has increased. Tenants are seeking properties with additional rooms to accommodate home offices, workstations, or dedicated areas for video conferencing. This demand for larger spaces is not limited to just extra bedrooms, but also extends to the desire for more spacious living areas, kitchens, and
outdoor spaces to support both work and leisure activities. As a result, properties with open floor plans and ample square footage have become more attractive to potential renters.
2. Shift in Location Preferences: The ability to work remotely has reduced the importance of living close to one's workplace. This has led to increased demand for rental properties in suburban and rural areas, as tenants seek more affordable and spacious living options away from urban centers. The shift in location preferences is driven by several factors:
a. Cost of Living: With remote work allowing employees to live farther from their offices, many
are taking advantage of the opportunity to reside in areas with a lower cost of living. Suburban and rural locations typically offer more affordable rent prices compared to city centers, making them an attractive option for renters.
b. Space and Privacy: In addition to being more affordable, suburban and rural properties often provide more space and privacy. This is especially appealing to remote workers who may have families or simply desire more room to accommodate their work-from-home setup.
c. Quality of Life: The ability to work remotely has encouraged
many people to prioritize their quality of life. As a result, renters are looking for properties in communities with access to parks, trails, recreational facilities, and other amenities that promote a healthy and balanced lifestyle.
ADAPTING TO THE CHANGING NEEDS OF REMOTE WORKERS
Small housing providers in Washington must adapt to these changing needs in order to attract and retain tenants. Here are some strategies to consider:
1. Offer Flexible Floor Plans: Housing providers can accommodate the need for larger living spaces by offering flexible floor plans that include extra rooms or convertible spaces. This allows tenants to customize their living arrangements based on their remote work requirements.
2. Upgrade Internet Infrastructure: Ensuring that rental properties have access to high-speed Internet can help attract remote workers. Housing providers should consider investing in upgrades to the Internet infrastructure or partnering with local Internet service providers to offer competitive packages to their tenants.
3. Market Properties in Suburban and Rural Areas: As remote work drives demand for rental properties in suburban and rural areas, small housing providers should consider expanding their portfolios to include properties in these locations. By doing so, they can tap into a growing market segment and diversify their investments.
4. Enhance Amenities: To meet the changing needs of remote workers, housing providers can invest in improving the amenities of their properties. This could include adding outdoor spaces, installing fitness equipment, or creating co-working spaces within the community.
5. Promote Work-Life Balance: Remote workers value a healthy worklife balance, and housing providers can cater to this by emphasizing the benefits of their properties in terms of work-life balance. This could involve highlighting the availability of local parks, trails, or recreational facilities in the area, as well as any
on-site amenities that promote relaxation and well-being.
EMBRACING TECHNOLOGICAL SOLUTIONS
Another way housing providers can adapt to the changing needs of remote workers is by embracing technology. Implementing technological solutions can streamline property management processes, improve communication with tenants, and enhance the overall rental experience. Some ideas to consider include:
1. Utilizing Property Management Software: Property management software can help housing providers automate tasks, such as rent collection, maintenance requests, and lease renewals. By adopting such technology, housing providers can save time and resources while providing a seamless experience for tenants.
2. Offering Virtual Tours: In the era of social distancing and remote work, virtual tours have become increasingly popular among prospective renters. By providing virtual tours, housing providers can showcase their properties to potential tenants without requiring them to be physically present.
3. Implementing Smart Home Technology: Remote workers may appreciate rental properties with smart home technology, such as smart thermostats, security systems, and energy-efficient appliances. These features can improve the rental experience and may even result in energy savings for both tenants and property owners.
The rise of remote work has had a significant impact on rental demand in Washington, with changing preferences and needs among tenants. By adapting their strategies and offerings to cater to these evolving requirements, small housing providers can capitalize on this trend and position themselves for success in the new normal of remote work. It is crucial for housing providers to stay informed about market trends and tenant preferences to remain competitive in this dynamic landscape. By being proactive, flexible, and innovative, housing providers can meet the needs of remote workers and continue to thrive in the ever-changing rental market.
*Preferred return is not guaranteed and is subject to available cash flow. All offerings shown, if any, are Regulation D, Rule 506c offerings. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice. There is a risk Investors may not receive distributions, along with a risk of loss of principal invested. This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum paying special attention to the risk section prior investing. IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation. This material is not to be construed as tax or legal advice. There are material risks associated with investing in real estate securities including illiquidity, vacancies, general market conditions and competition, lack of operating history, interest rate risks, general risks of owning/operating commercial and multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed.
CITY LAW ARTICLE OF THE MONTH: SEATAC
Denise Myers | Education + Resources Director | dmyers@RHAwa.org |Check out the latest in our Support Center where we have completed law summary articles for Auburn, Burien, Kenmore, Kirkland, Redmond, and SeaTac as well as a few articles on specific areas of Seattle law. In addition, we’ve created a Local Law Chart that summarizes rules across 26 local governments.
As we work to write summaries of all city laws, remember, we already have instructions with our forms that reflect all local laws. RHAWA members can access these instructions within various tenant notice forms, and in the Lease Signing section, there is a separate instruction document, Leasing Requirements by Local Jurisdiction
CITY OF SEATAC LAW SUMMARY
This article provides a summary of the following SeaTac policies related to rental housing:
• Business Licenses Required
• Information Provided by a Landlord to a Tenant
• Use of SSN in Screening
• Move-in Cost Cap
• Move-in Cost Payment Plan
• Notice to Increase Rent
• Late Rent Fee Cap
• Notice to Terminate Tenancy
These policies are found in the following:
• Ordinance No. 23-1009, effective 5/17/2023 to be codified under Chapter 4.05: Rental Housing Protections.
• Chapter 5.05 Business Licenses and Regulations.
BUSINESS LICENSES REQUIRED
• Owning, renting, leasing, maintaining, or having the right to use, or using, tangible personal property, intangible personal property, or real property permanently or temporarily located in the City, requires a person to register and obtain a business license.
• A separate business license shall be obtained for each separate location, within the City, at which the business is conducted, even when operated by the same business owner.
• A separate business license shall be obtained for each different and discrete business activity conducted by any person, whether at the same location, within the City, or as another licensed business location within the City.
• If two (2) or more separate business owners operate their own discrete businesses at the same physical location, each must obtain a separate business license for their own business.
• License and renewal fees are based on number of employees.
INFORMATION PROVIDED BY A LANDLORD TO A TENANT
The new rules will require that landlords give tenants a summary of all the existing rules in state and federal law that a landlord and a renter must follow. This summary will be prepared by SeaTac staff and will provide information related to:
• Maintenance of rental homes
• Evictions
• Responsibilities of renters
• The rights of landlords and renters
(206) 905-0614The landlord will have to provide a copy to the prospect or tenant when a rental agreement is offered, whether new or renewed and within 30 days of revision by the City. The initial distribution must be in writing with the tenant’s signature, and subsequent copies can be digital.
USE OF SSN IN SCREENING
Prospective tenants may be required to provide the landlord with a social security number (SSN), if they have one, as part of the application process for a rental agreement. If the prospective tenant does not have SSN, the landlord must accept other documentation to verify their identity and/or financial qualifications.
MOVE-IN COST CAP
The total of all move-in fees and deposits charged by the landlord must not exceed one month's rent, except in subsidized housing where the amount of rent is set based on the tenant's income.
MOVE-IN COST PAYMENT PLAN
If the total amount of the security deposit and non-refundable move-in fees are greater than 25% of the first full month’s rent, or payment of last month’s rent is required at move-in, the tenant can elect to pay move-in costs in installments as follows:
• For a tenancy of six months or more, security deposits, the tenant can pay move-in fees and last month's rent over the first six months in equal installments.
• For a month-to-month tenancy or a term less than six months, the tenant can pay move-in fees and last month's rent over the first two months in equal installments.
NOTICE TO INCREASE RENT
• When raising the rent at the beginning of a rental period or term lease renewal, landlords must give:
- 120 days' written notice for rent increases greater than three percent (3%); or
- 180 days' written notice for rent increases greater than ten percent (10%).
- As required under WA State law, 60 days written notice for any rent increases 3% or less.
• If a renter is on a fixed income (e.g., social security), the renter and landlord will adjust the due date for each month to allow the renter to pay rent on time.
• Landlords cannot increase rent for units that are uninhabitable. Landlords cannot increase rent for units if the landlord does not maintain the unit as required by state law.
• Additional rules are provided for certain subsidized tenancies.
LATE RENT FEE CAP
Any fees for late payment of rent shall not exceed 2% of the monthly rent per month. No other fees may be charged for late payment of rent.
NOTICE TO TERMINATE TENANCY
A landlord must have a valid business license to evict a renter. Landlords can only end a month-to-month tenancy for a “just cause” reason. The following list is a summary of just cause reasons:
Continued on page 26
EDUCTION + RESOURCES
RENT INCREASES ACROSS WASHINGTON
Denise Myers | Education + Resources Director |Because actual limits on rent increases are unconstitutional in Washington State, local governments have been passing ordinances that create excessive administrative burden and other deterrents making it more difficult for housing providers to legally increase rent and other monthly housing costs. The first tactic was to lengthen the notice period, sometimes in tiered incre-
Notice Periods
ments depending on the percentage of the rent increase. Another has been to require specific language on the notice, even dictating the size and style of the font. The latest idea is to require special service requirements mimicking the process for serving eviction notices, sometimes with added hoops like special tracked or certified mailing requirements. The most onerous yet is to
risk having to pay relocation costs to the tenant if they move out due to a rent increase. Once again, the resulting web of complexity is overwhelming, causing many small owners to simply drop out. As always, we are trying to help members keep up by providing forms, class and articles that you can reference. Start with our forms that include instructions for compliance with local laws. For a
summary, go to the updated Local Law Chart found on our Support Center and follow the links within for more details. The following details were excerpted from a new class called Rent Increases Across Washington that is now available in our ONDEMAND library.
Disclosures on Notices
Burien A tenant that receives a rent increase no�ce may terminate the lease at any �me and owe only pro rata rent through the last date they occupy the rental unit.
16-point Bold
None Federal Way If you are a Veteran of the U.S. Military, you may be able to access housing resources by calling 2-1-1 or contac�ng the King County Veterans Program for assistance with rent, reloca�on, or other support services.
Seatle If you need help understanding this no�ce or informa�on about your renter rights, call the Ren�ng in Seatle Helpline at (206) 684- 5700 or visit the website at www.seatle.gov/ren�nginseatle.
Bold
Service of Notices
Auburn: 5.23.040.1.b.
• Any notice of a rent increase shall be served in accordance with RCW 59.12.040
Burien: 5.63.100 1.b.
• Any notice of a rent increase shall be served in accordance with RCW 59.12.040, Service of notice – Proof of service, as it exists or may be amended.
Olympia: 5.82.040 (D)
• Any notice of a rent increase required by this section must be served in accordance with RCW 59.12.040
• Notice of any rental increase of five percent or less may be served in accordance with RCW 59.12.040
Seattle: SDCI Guidelines
• RCW 59.12.040 delivery is always preferred.
• At minimum, documentation of the delivery date is required, such as a timestamped photo of posted notice or USPS Tracking.
• If postal service requires signature, notice must also be sent by regular first-class mail.
• Electronic delivery only, such as emails or portals, or only untracked mail is insufficient.
Tenant Relocation
Seattle: SMC 22.212 – Economic Displacement Relocation Assistance (EDRA)
• If a rent increase is for 10% or more over the lowest rate in the past 12 months:
• The notice of increase must either be hand-delivered to every adult occupant or both mailed first class mail and certified mail with return receipt to every adult occupant.
• The notice must also include a copy of the EDRA Notice (Economic Displacement Relocation Assistance.
• If the tenant is at or below 80% Average Median Income (AMI) and chooses to vacate within eight months of receiving the 10% or greater increase, they may apply and be granted relocation assistance. In this case, the owner will be required to pay up to three months rent toward relocation costs.
Burien: BMC 5.63.100.1.b.
In the event [of a rent increase], the tenant may terminate the tenancy immediately upon surrendering the dwelling unit prior to the increase taking effect. The tenant shall only owe pro rata rent through the date upon which the premises are surrendered.
LEGISLATIVE SESSION:
Sunday, May 23, marked the final day of the 2023 Washington State Legislature. This was a “long session” of 105 days which started on Monday, January 9 and included the passage of the three major biennial budgets of Washington State, the Operating, Capital and Transportation budgets.
This year proved to be one of RHAWA’s strongest showings in legislative session. We successfully defeated nearly every piece of legislation that would have had a negative impact on small housing providers. Member participation, teamwork with other associations and the collaboration between our Lobbyists and Government Affairs team were key in our success this year. We look forward to continuing our legislative efforts in the 2024 Legislative Session. We believe we can use the momentum we generated this year to make next year’s session even more successful.
Next year will be a “short session” of 90 days and will see supplemental budgets which are typically small corrections or additions to the previous year’s budgets. However, it is crucial to remain involved even though it is a short session. It is incredibly likely that we will once again fight against rent control policies in the 2024 Legislative Session.
RESIDENTIAL HOUSING WRAP UP
The “Year of Housing” was heavily focused on increasing supply across Washington state at all levels of the housing ladder from low-income funding to high-end condominiums. The state invested a historically large amount of funding towards housing development of affordable units and homeownership.
Major pieces of legislation passed this session that was aimed at addressing the housing supply shortage, which is estimated to be 1 million homes behind the population growth by 2030. These policy bills include the passage of Middle Housing (E2SHB 1110) championed by Representatives Bateman (D – Olympia) and Barkis (R – Yelm), SEPA Bill (2SSB 5412), and several ADU bills (E2SSB 5045 and EHB 1337).
Several tax proposals gained steam at the end of the session. The first bill was HB 1628, which as introduced would have increased the real estate excise tax (REET) to 4% on any transaction above $5 million and a local REET increase of 0.25%. As the bill came out of committee it would have increased the REET from 3% to 3.5% on anything over $3.025 million and kept the local REET option which was councilmanic. A large coalition worked hard
to oppose this bill and it ultimately stalled on the House Floor. The second bill (SB 5770) was introduced by Senator Pedersen on April 12th which would have reformed the state and local property taxes to allow for the potential of increasing the cap to 3% per year, however never received a hearing in Senate Ways & Means.
In the Residential Landlord-Tenant Act (RLTA) world a couple of bills passed that impact the industry, these bills include:
• ESSB 5197, which encourages remote testimony, requires a 5-day waiting period prior to execution of an unlawful detainer and allows tenants with a pledge from a government or nonprofit entity for the full amount to satisfy the full judgment has until the date of the eviction. Finally, the bill clearly ends the statewide eviction resolution pilot program (ERPP).
• SHB 1074, which requires a landlord to substantiate the cost of any damages withheld from a tenant deposit with estimates received, invoices paid, or other specified documentation. Extends the timeline for a landlord to provide a statement and documentation for retaining any portion of a tenant deposit from 21 days to 30 days.
• 2SHB 1474, which would increase
the document recording fee by another $100 and require that revenue be dedicated to Covenant Homeownership Program.
The largest fight for Housing Provider space this session was over rent control, with 6 bills being introduced. The 6 bills include HB 1625/SB 5615, HB 1388, HB 1389/SB 5435, and SB 5697.
A coalition of stakeholders worked tirelessly to stop these bills from passing. Due in that part to this massive effort, all 6 bills died before the House of Origin Cut-Off, which is seen as the halfway point in the session. Another bill, HB 1124 which, as introduced, would have required 6-month notice of any rent increase over 5%, also died on the House Floor prior to the halfway point. This was a huge win for all housing providers across the state of Washington and was a testament to the strength of the Rental Housing Association Coalition. Without the involvement of our coalition, it is incredibly likely that rent control policies would have passed in the 2023 Legislative Session.
FINAL LEGISLATIVE BUDGETS
Governor Inslee released his proposed budgets in December 2022 which included a $4 billion bond measure that he envisioned as a catalyst for the cre-
Chester BaldwinComprehensive Overview
ation of affordable housing units over the next 6 years. He also made major cuts or delays to transportation projects across the state that were passed in previous transportation budgets. Even though the Democrats control the House, Senate, and Governors’ office they were not on the same page when budgets were passed in the final days of the 2023 Legislative session.
Republicans highly criticized Democrats last year after they passed budgets that had little input from across the aisle. This year was quite the reverse, and the 2023-2025 biennial budgets reflect a bipartisan approach. This can be evidenced by the unanimous final passage of a Capital Budget in both the Senate and House and the unanimous final passage in the House for the Transportation Budget but with three dissenting Republicans in the Senate.
OVERVIEW OF STATE BUDGETS IMPACTS ON HOUSING
SB 5200 – CAPITAL
BUDGET
Capital Budget (ESSB 5200): The state capital budget is responsible for capital developments throughout the state, therefore this fund is intended to help build universities and housing developments. The final capital budget (ESSB 5200) authorizes $9 billion in total budgeted funds, of which $4.7 billion is debt limit bonds for the 2023-
2025 biennium. The capital budget allocates $693.7 million for affordable housing projects that construct new units, preserve, and rehabilitate existing units, connect affordable housing developments to infrastructure, and provide weatherization and energy efficiency updates to low-income households. This allocation is the largest amount of funding directed toward housing.
The Housing Trust fund received $400 million in total with $40 million focused solely on homeownership projects for first-time low-income buyer households and $163 million towards new construction, acquisition, or rehabilitation of affordable housing projects that serve low-income and special needs populations. Additionally, there is $60 million to connect affordable housing developments to infrastructure, $50 million to projects designed to increase the supply and affordability of transit-oriented development, and $40 million for the Housing Finance Commission Land Acquisition Program.
The landlord mitigation fund received $13 million total with $5 million from the capital budget and $8 million from the operation budget.
SB 5187 – OPERATING BUDGET
Operating Budget (ESSB 5187): The state’s operating budget is what funds the day-to-day operations of the state. Historic investments were made in the operating budget on housing as well. The Covenant Homeownership Account (2SHB 1474) received $150,000,000. The Affordable Housing for ALL account was allocated $109,227,000. Most importantly, the Housing Trust Fund was given $9,862,000. Finally, $607,000 in each year to Commerce to help homeowners at risk of foreclosure.
Within this budget, several allocations will have an impact on the rental housing market specifically. These impacts are as follows:
1. The Dispute Resolution Centers (DRC), Resolution Washington, received $10,500,000 in 2024 and $10,500,000 in 2025. An additional, $500,000 was allocated each year for the Snohomish County DRC to provide mediation services specifically for landlords and tenants, with the goal of avoiding evictions.
2. The Office of Civil Legal Aid (OCLA) was allocated $2,408,000 in 2024 and $2,579,000 in 2025 to provide civil legal information, advice, and representation for tenants at risk of eviction but not yet eligible for appointed counsel.
3. OCLA also received $15,425,000 in
2024 and $16,030,000 in 2025 expressly provided to the appointed counsel program for tenants in unlawful detainer cases and includes a vendor rate increase for contracted attorneys.
4. $215,000 in 2024 and $345,000 in 2025 for commerce to produce a report to the legislature to review how to implement a statewide rental registry; 2 separate reports are required:
1) a review of how to implement a statewide registry and
2) how to implement a statewide pilot program in the 6 largest counties.
HB 1125 – TRANSPORTATION BUDGET
HB 1125, the 2023-2025 Transportation Budget, passed on April 22nd and has been delivered to the Governor’s desk for his signature. This $13.4 billion transportation budget had major investments in the ferry system, transportation workforce, traffic safety and keeping projects on track that are already in the works. This was a much smaller budget than last year’s Transportation package of $17 billion and as mentioned earlier, was a bipartisan effort.
Also, this year marks the first time legislators had money from the auction
of carbon credits to spend. The 23-25 transportation budget makes use of nearly $1 billion from those auctions toward projects intended to reduce greenhouse gas emissions from the state’s transportation sector: bicycle and pedestrian projects, electric vehicle charging stations, e-bike vouchers, ferry electrification and others. $5.4 billion is spent on major infrastructure projects including the Puget Sound Gateway program between Puyallup and the Port of Tacoma, replacing the I-5 bridge over the Columbia River into Oregon, the North Spokane Corridor. On the heels of a recent ferry accident, the Washington State Ferries received a $1.3 billion investment for the construction of five new hybrid-electric ferries, the maintenance of the existing fleet and addressing workforce shortages. Lastly, over $2.5 billion is spent on traffic safety in work zones, pedestrian and bicycle area improvements, as well as addressing workforce shortages in the State Patrol.
HB 1240 – ASSAULT WEAPON BAN – STROM PETERSON
Prohibits the manufacture, importation, distribution, sale, or offer for sale of any assault weapon, subject to various exceptions for licensed firearm manufacturers and dealers, for individuals who inherit an assault weapon, for firearms dealers to sell or transfer their existing stock of assault weapons that were acquired prior to January 1, 2023, to outside of the state for the limited period of 90 days after the effective date.
This also provides that a violation of these restrictions constitutes a gross misdemeanor and is actionable under the Consumer Protection Act. violation is classified as a matter vitally affecting the public interest, not reasonable in relation to the development and preservation of business, and an unfair or deceptive act in trade or commerce and an unfair method of competition for the purpose of applying the CPA.
HB 1240 passed on party lines and was signed into law on Tuesday, April 25. It went into effect immediately.
ESB 5352 – POLICE VEHICULAR PURSUITS – SENATOR JOHN LOVICK
When engaging in a vehicular pursuit, an officer may violate certain rules of the road including, for example, stop signals, speed limits, and parking restrictions. This bill lowers the evidentiary threshold required for engaging in a vehicular pursuit by allowing an officer to conduct the vehicular pursuit if the officer has reasonable suspicion that a person in the vehicle has committed or is committing specified criminal offenses (a violent offense, a sex offense, a vehicular assault offense, an escape offense, driving under the influence offense, or a domestic violence assault in the first, second, third, or fourth-degree offense).
It also modifies certain vehicular pursuit requirements related to supervisory oversight and establishes new requirements related to direct communication with specified entities, development of a plan to end the vehicular pursuit, and the pursuing officer's training and certifications.
This bill passed 57-40 in the House and 26-22 in the Senate (which concurred with House amendments). It will go into effect 90 days after the adjourn-
ment of session (if/when the Governor signs it into law), which would be on July 23, 2023.
ESHB 1736 - VEHICLE ODOMETER READINGS – JULIO CORTES
The passage of ESHB 1736 requires the Department of Licensing (DOL) to request odometer information in the application for vehicle registration and vehicle registration renewal. It exempts from public disclosure the personally identifying information of persons who voluntarily report the vehicle odometer mileage as part of the vehicle registration renewal. It also requires DOL to provide a report by May 1, 2025, on specified issues related to odometer reporting.
1736 passed in the House 52-44 and 28-20 in the Senate. It has been delivered to the Governor but has not been signed. It would go into effect on March 1, 2024.
E2SHB 1238 - FREE SCHOOL MEALS FOR ALL – MARCUS RICCELLI
Requires certain public schools serving grades K-4 to provide breakfast and lunch each school day at no charge to any student who requests these meals. It phases in this requirement beginning in schools with 40 percent or more of their students eligible for free or reduced-price meals in the 2023-24 school year, and then including schools with 30
percent or more of their students eligible in the 2024-25 school year.
This bill also directs school districts to maximize federal funding, and the Office of the Superintendent of Public Instruction to reimburse school districts on a per-meal reimbursement basis for meals that are not already reimbursed at the free rate as well as provides funding stability provisions for the Learning Assistance Program and the National Board Certified Teacher Bonus in the 2024-25 and 2025-26 school years. Lastly, it removes the requirement that public schools with an identified student percentage of less than 40 percent participate in the Community Eligibility Provision if authorized by federal law.
E2SHB 1238 passed out of the Senate with a 44-5 vote and a 92-4 vote in the House. This bill has several effective dates for different sections but most take effect on September 1, 2024.
THANK YOU!
As mentioned before, our success in the 2023 Legislative Session would not have been possible without the participation of our members. We appreciate everyone who got involved this year and encourage all members to look into our advocacy efforts and learn how to fight for the rights of small housing providers. Now that we have a break from state level politics, it is important to focus our advocacy efforts on the local level. Cities and Counties can propose new legislation at any time throughout the year, so stay on the lookout for Calls to Action related to your local governments. The fight to defend and bolster the rights of small housing providers is an ongoing effort and your RHAWA team works tirelessly to change the landscape of rental housing policy in Washington state. Thank you for taking the time to learn about everything that happened in the 2023 Legislative Session. We look forward to seeing you all back in action in 2024.
WITHOUT THE INVOLVEMENT OF OUR COALITION, IT IS INCREDIBLY LIKELY THAT RENT CONTROL POLICIES WOULD HAVE PASSED IN THE 2023 LEGISLATIVE SESSION.
Get Ready for RHAWA's LEGAL EXCHANGE:
A Unique Networking Event Aboard the MV Skansonia!
Hold onto your hats, RHAWA members, because this year's Legal Exchange is set to be a truly unforgettable experience! We're taking our annual Legal Forum to new heights, or rather, new waters, as we invite you to join us aboard the magnificent MV Skansonia on June 28.
Picture this: a beautiful boat moored in the picturesque South Lake Union, the sun setting over the water, and a deck full of the top housing attorneys in the state, all eager to share their knowledge and expertise with you. If that sounds
like a dream come true, then read on and find out how you can be a part of this extraordinary event.
We're shaking things up this year and introducing a brand-new format for the Legal Exchange. Our esteemed attorneys will be stationed at tables throughout the MV Skansonia, and you, along with a small group of fellow RHAWA members, will have the opportunity to spend 20 minutes at each table. This will give you the chance to listen, ask questions, and engage in meaningful discussions about the housing indus-
try with these legal experts. And when the time is up – DING DING – it's off to the next table! This exciting, fastpaced format ensures you'll have the opportunity to learn from and network with multiple attorneys throughout the evening.
After the whirlwind of legal wisdom, it's time to sit back and relax with a sumptuous dinner, while a panel of our best attorneys takes center stage. They will be answering the top three pre-submitted questions, providing further insights into the housing indus-
try and addressing any pressing concerns or inquiries you might have. This is your chance to gain valuable knowledge and advice from some of the most respected minds in the field – all while enjoying a delicious meal and stunning views of South Lake Union.
This one-of-a-kind event is a must-attend for any RHAWA member who wants to stay informed, network with legal professionals, and make the most of their membership. Here are just a few reasons why you won't want to miss it:
Networking, Noshing, & Nautical Fun!
EXCHANGE
4:00 pm - 8:30 pm
5. Exclusive
Experience: This event is tailor-made for our members, ensuring you receive the most relevant and valuable information to help you succeed in the housing industry.
RHAWA's Legal Exchange is more than just another networking event –it's a unique, immersive experience that brings together the best legal minds in the housing industry with our dedicated members. Don't miss this incredible opportunity to learn, connect, and grow in a truly unforgettable setting. Mark your calendar for June 28 and join us aboard the MV Skansonia for an evening of networking, knowledge-sharing, and fine dining. Visit the RHAWA website to secure your spot at this exclusive event and get ready to set sail on a voyage of discovery and inspiration!
EVENT AGENDA
4:00 pm - 5:00 pm
5:00 pm - 7:00 pm
Cocktails
Attorney Table Discussions
Join five different 20-minute attorney-led table discussions.
Each round, select from twelve different attorneys.
7:00 pm - 8:00 pm
Dinner + Panel Discussion
Select gourmet offerings from the buffet and enjoy the attorney panel discuss the most interesting pre-submitted questions.
8:00 pm - 8:30 pm
Mingle + Wrap Up
SPONSORSHIP! IMPACT ON RHAWA MEMBERS AT THE 2023 LEGAL EXCHANGE!
LEGAL EXCHANGE Networking, Noshing, & Nautical Fun!
X DATE Wednesday, June 28
RHAWA's 2023 Legal Exchange is not only an exceptional opportunity to connect with rental property owners and managers, but it's also a chance to stay ahead of the curve on emerging issues in the rental housing market. Attendees will have the opportunity to engage with legal experts and industry professionals who will share their knowledge and experience
X LOCATION MV Skansonia
on topics such as tenant screening, fair housing, and lease agreements.
North Lake Union, Seattle 98103
interactive booths, sponsorships, and targeted advertising opportunities.
event is the perfect place to be. Register now to secure your spot and take your business to the next level!
This event will feature reputable attorneys from across the state. It consistently draws one of the biggest crowds of any event RHAWA puts on. The opportunity for members to receive credible legal information and learn about the specifics of the new laws they will encounter is a huge draw. Take advantage of this chance to position your company’s message in front of scores of people!
As a vendor sponsor or advertiser, you'll have access to this valuable content and a captive audience of decision-makers eager to learn and grow their businesses. You'll also be able to showcase your products and services to potential customers through
Don't miss out on this chance to connect with industry leaders, gain valuable insights, and grow your business at RHAWA's 2023 Legal Exchange. Whether you're a seasoned vendor sponsor or advertiser or looking to explore new opportunities, this premier
To learn more about sponsor benefits or to secure yours today, contact Luke Brown at lbrown@RHAwa.org.
X CONTACT If you have any questions, please contact Luke Brown Bannon at: (206) 905-0610 or lbrown@RHAwa.org
SPONSOR LEVELS
Hyperlinked company acknowledgment on event webpage
187 px w x 250 px h advertisement on RHAwa.org/events – Company provided
Hyperlinked company acknowledgment in event promotional emails
Social media recognition – Facebook & Instagram
225px w x 225 px h advertisement in email blasts sent to enitre membership list for one month
Recognition in Current newspaper
650 word vendor profile in Current newspaper and blog – Company provided
Current newspaper ad – monthly circulation: 7,000 – Company provided
Company signage at the event
Company acknowledgment on event materials – Company provided
Complimentary event tickets
Direct access to decision-makers
Sponsor ribbons for all company attendees
Exhibitor booth
Recognition at the event
Podium time to address the attendees prior to keynote
$1,000
$25,000
VENDOR LISTINGS
We encourage you to consider the vendors found within these listings for your rental business needs. When seeking competitive bids, be sure to mention your RHAWA membership as many offer member discounts. RHAWA does not specifically endorse any business listed herein. References are always recommended. If you would like to submit a customer testimonial for our records, please submit to publications@RHAwa.org. Please note that changes made to a vendor member profile will not be reflected in the CURRENT Vendor Listings unless the change is also sent to publications@RHAwa.org.
ACCOUNTING | BOOKKEEPING
Brink & Sadler (253) 582-4700 | brinkandsadler.com
Hutchinson & Walter, PLLC (425) 455-1620 | hutchcpa.com
ADVERTISING | VACANCY LISTINGS
Pacific Publishing Co. | Print + Internet (206) 461-1322 pacificpublishingcompany.com
Seattle Rental Group | Property Management (206)315-4628 | www.seattlerentalgroup.com
AIR CONDITIONING
Alpine Ductless, LLC (360) 529-7567 | alpineductless.com
Fischer Heating and Air (206) 783-1190 | fischerheating.com
AIR QUALITY
Envirotest | Mold, Air Quality Analysis, Inspections
Donald B. Kronenberg (206) 877-3191 seattlemoldandairquality.com
APARTMENT SUPPLIES
Greenwood True Value Hardware (206) 783-2900 | greenwoodhardware.com
ASSOCIATIONS – REAL ESTATE
Brink Property Management
Dean Foggitt (425) 458-4848 | brinkpm.com
ATTORNEYS
Access Evictions
Travis Eller (425) 641-8010 | accessevictions.com
Christopher T. Benis, Attorney at Law
First Avenue Law Group, PLLC
Vendor of the Year 2006
(206) 447-1900 | firstavenuelaw.com
Demco Law Firm, P.S.
(206) 203-6000 | demcolaw.com
Dimension Law Group PLLC
Synthia Melton
(206) 973-3500 | dimensionlaw.com
Flynn and Associates, PLLC
Sean Flynn
(206) 330-0608 | theflynnfirm.com
Glasson Legal
(206) 627-0528 | glassonlegal.com
Gourley Law Group / The Exchange Connection
(360) 568-5065 | gourleylawgroup.com
Holmquist & Gardiner, PLLC
(206) 438-9083 | lawhg.net
Jeffery Bennett (503) 255-8795
Law Office Of Shaun Watchie Perry (206)729-7442 | swp-law.com
Ledger Square Law (253) 327-1701 | ledgersquarelaw.com
Ling & Liang PLLC (206)462-2884 | ling-liang.com
LT Services (206) 241-1550 | ltservices.net
Loeffler Law Group, PLLC (206) 443-8678 | loefflerlawgroup.com
Maxwell Glasson (206) 627-0528 | loefflerlawgroup.com
Micheal D Mclaughlin, Attorney at Law (253) 686-9786
Reed Longyear Malnati & Ahrens, PLLC (206)624-6271 | www.reedlongyearlaw.com
Seattle Real Estate Law Group (206) 623-4846 | seattlerealestatelawgroup.com
BANKS
Eastside Funding (425) 230-0000 | eastsidefunding.com
First Federal Savings and Loan (206) 586-1701 | ourfirstfed.com
First Financial Northwest Bank
Tom Jarzynka (425) 264-2757 | ffnwb.com
Homebridge Financial (206) 915-3742 | homebridge.com
Luther Burbank Savings Bank
Tiana Jackson: (425) 739-0023 lutherburbanksavings.com
Pacific Crest Savings Bank
Scott Gibson (425) 670-9600 | (800) 335-4126 paccrest.com
BUILDING REPAIR | REMODEL
+1 Construction (206) 313-6587 | plusoneconstruction.com
Bellan Group, LLC
Susan Bellan (206) 383-0102 | bellan.com
Construction Expeditors, LLC
(206) 595-8852 | (877) 644-1700
constructionexpeditors.com
CARPORTS
Carports of Washington Inc (360)897-1200 | carportsofwashington.com
CATCH BASIN + STORM DRAIN
G & L Vactor Services LLC (425) 881-0911
CHIMNEY CLEANING | REPAIR (MASONRY)
The Chimney Specialists, Inc. Pierce Co.: (253) 475-0399 | (888) 979-3377
Seattle: (206) 782-0151 | (888) 979-3377
So. King Co.: (253) 833-0144 | (888) 979-3377 thechimneyspecialists.com
Masonry Restoration Consulting (425) 344-3893 masonryrestorationconsulting.com
CLEANING
Umpqua Bank | Multifamily Lending
Matt Couch (425) 602-1250 | umpquacrelending.com
Washington Federal
Vendor of the Year | 2015
Tim Marymee: (206) 777-8213 | (800) 324-9375 washingtonfederal.com
BATHTUB + SHOWER RENOVATION
Fischer Restoration (888) 345-2532 | fischerrestore.com
Flippers Warehouse (206) 656-3222 | flipperswarehouse.com
Tub Cove Inc. New Tubs, Surrounds and Bathroom Plumbing (206) 522-1711 | tubcove.com
BED BUG DETECTION
NWK9 Bed Bug Detectives (206) 801-3522 | nwk9bedbugdetectives.com
BLIND CLEANING + REPAIR
Shine a Blind
On-Site Ultrasonic Mini-Blind Cleaning + Repair (425) 771-7799 | shineablind.net
BUILDING INSPECTORS
Ideal Inspection Services LLC RRIO Certified + Licensed Inspector (206) 930-0264 | idealinspectionservice.com
Fischer Restoration
(888) 345-2532 | fischerrestore.com
Flippers Warehouse
(206) 656-3222 | flipperswarehouse.com
Haynes Contracting LLC
(253) 335-7905 | haynescontractingllc.com
Interland Design
Jake Cervilla
(425) 290-9639 | interlanddesign.com
Kanso Homes, Inc.
(206) 278-3403 | kansohomes.com
Maintco
(425) 822-5505 | maintcogc.com
Masonry Restoration Consulting (425) 344-3893 masonryrestorationconsulting.com
CleanSpace Cleaning Services (206) 462-3200 | cleanspace2day.com
Genesee Carpet Cleaning (206) 569-5573 | genesseecarpetcleaning.com
COLLECTIONS
Puget Sound Collections
Garrett Michaud (206) 728-5000 | pugetsoundcollections.com
COMMERCIAL REAL ESTATE
Capstone Commercial Real Estate Advisors
John Downing (206) 324-9427 | capstonerea.com
CBRE - Mountain-Northwest Division Marketing (206)292-6088 | www.cbre.us/seattle
Colliers International
(206) 223-1428 | colliers.com/seattle
CPX LLC
(866) 405-1435 | cpxone.com
DVF Legacy Investments (206) 650-6113 | pugetsoundinvesting.com
First Federal Savings and Loan (206) 586-1701 | ourfirstfed.com
HFO Investment Real Estate
(971) 717-6337 | hfore.co
Next Level Property Maintenance
(206) 922-8119 | nxtlevelpm.com
Pro Realty Options, Inc.
(425) 745-2400 | prorealtyoptions.com
Rife Masonry
Chad Rife: (206) 696-6998 | rifemasonry.com
T.E. Kelly Company, LLC
Tim Kelly: (206) 240-1950
The Wall Doctor, Inc.
Gary Borracchini (425) 822-8121 | thewalldoctor.com
Top-Rung Construction LLC
Gary Gilmer (253) 893-1101 | fieldsroofservice.com
CARBON MONOXIDE + SMOKE DETECTION
Envirotest | Mold & Air Quality Analysis
Donald B. Kronenberg (206) 877-3191 | seattlemoldandairquality.com
Greenwood True Value Hardware | Detectors (206) 783-2900 | greenwoodhardware.com
Icon Real Estate Services Inc.
Jeremiah Roberson (425) 633-3330 | iconre.org
Kidder Mathews
Dylan Simon: (206) 414-8575
Jerrid Anderson: (206) 499-8191
DylanSimon.com
COMMERCIAL REAL ESTATE
Foundation Group, LLC (206) 324-7622 | foundationgroupre.com
Straight Street Building / Home Inspection
John Leon Gonzalez (206) 999-1234 | hi@homeinspect.ws
BUILDING MATERIALS
Dunn Lumber | Doors, Windows + Lumber (206) 632-2129 | (800) 248-3866 dunnlum.com
Pacific Northwest Locksmith | Detectors (206) 531-0411 | pnwlocksmith.com
CARPET CLEANING
Extreme Steam Carpet Cleaning – 24/7 Water Extraction (425) 330-9328 | extremesteamcc.com
Genesee Carpet Cleaning (206) 569-5573 | genesseecarpetcleaning.com
VENDOR LISTINGS
COMMERCIAL REAL ESTATE
Lee & Associates
Multifamily Team
Candice Chevaillier
(206) 284-1000 | lee-nw.com
CONTRACTORS
Diamond Roofers, LLP
Flat & Low Slope
(206) 202-7770 | diamondroofers.com
ER Flooring
(360) 402-9566 | erflooring.com
First Choice Remodeling, Inc.
(253) 846-9000 | firstchoiceremodelinginc.com
Global Paving LLC
(253) 286-7943 | globalpavingllc.com
Masonry Restoration Consulting
(425) 344-3893 masonryrestorationconsulting.com
Maintco
(425) 822-5505 | maintcogc.com
Pioneer Masonry Restoration Co.
Paragon Real Estate Advisors, Inc.
Vendor of the Year | 2016
(206) 623-8880 | (800) 643-9871
paragonrea.com
(206) 782-4331 pioneermasonry.com
Reinhart Electric & Service
(425) 251-5201 reinhartelectric.net
T.E. Kelly Company LLC
Tim Kelly: (206) 240-1950
CRIMINAL BACKGROUND CHECKS
Rental Housing Association of Washington
Chartrice Young (206) 283-0816 | RHAwa.org
DECKS
Pilot Ventures LLC
Jason Kono (206) 566-6600 | pilotnw.com
Prospector Property Management (206) 508-6366
prospectorpropertymanagement.com
Westlake Associates
(206) 505-9400 | westlakeassociates.com
Windermere Real Estate Commercial
Therasa Alston | (206) 650-4777
COMMERCIAL REINVESTMENTS + FINANCIAL SERVICES
1031 Capital Solutions
(800) 445-5908 | 1031capitalsolutions.com
First Federal Savings and Loan (206) 586-1701 | ourfirstfed.com
CONSULTING
Alliance Flooring Services (253) 850-1288 | allianceflooring.com
Real Estate Transition Solutions Exchange - 1031 Real Estate (206) 502-4862 | www.re-transition.com/rhawa
Redside Partners, LLC
Craig Swanson (206) 323-1771 | redsidepartners.com
CONSTRUCTION + DEMOLITION
Haynes Contracting LLC
(253) 335-7905 | haynescontractingllc.com
CONTRACTORS
+1 Construction
(206) 313-6587 | plusoneconstruction.com
A&A Electric
(206) 212-1888 | anaelectric.com
ABC Towing, Inc.
Seattle: (206) 682-2869
Tukwila: (206) 767-4024
abc4atow.com
Bellan Group, LLC
Susan Bellan
(206) 383-0102 | bellan.com
Bravo Roofing, Inc.
GoldStar Vendor + Vendor of the Year | 2014
John Paust, Estimator: (206) 948-5280
(253) 335-4825 | (360) 886-2193 john@bravoroofs.com bravoroofs.com
Construction Expeditors, LLC
(206) 595-8852 | constructionexpeditors.com
Dunn Lumber | Doors, Windows & Lumber (206) 632-2129 | dunnlum.com
DEVELOPERS
Affinity Real Estate Management
(206) 812-9155 affinityrem.com
Pacific Crest Real Estate (206) 812-9155 pacificcrestre.com
DOORS
SRC Windows (253) 565-2488 | srcwindows.com
DRAIN CLEANING
Best Plumbing Group
(206) 633-1700 | (425) 771-1114 bestplumbing.com
Day & Nite Plumbing & Heating Inc.
Vendor of the Year | 2020
(425) 775-6464 (800) 972-7000 dayandnite.net
Fischer Plumbing, Inc.
(206) 783-4129 | fischerplumbing.com
The Pipe Guys (253) 537-2830 | pipeguys.com
DRYER VENT + DUCT CLEANING
The Chimney Specialists, Inc. | Dryer Vent Only
Seattle: (206) 782-0151 | (888) 979-3377
So. King Co.: (253) 833-0144 | (888) 979-3377
Pierce Co.: (253) 475-0399 | (888) 979-3377 thechimneyspecialists.com
VentMasters | (206) 362-5190 | ventmasters.net
DRYWALL
The Wall Doctor, Inc.
Gary Borracchini
(425) 822-8121 | thewalldoctor.com
EDUCATION – REAL ESTATE
Rental Housing Association of Washington
Denise Myers | (206) 283-0816 | RHAwa.org
ELECTRICAL MAINTENANCE + REPAIR
A&A Electric
(206) 212-1888 | anaelectric.com
Alpine Ductless, LLC (360) 529-7567 | alpineductless.com
Capstone Solar
(206) 580-3448 | capstonesolar.com
Reinhart Electric & Service (425) 251-5201 reinhartelectric.net
EMPLOYMENT SCREENING
Rental Housing Association of Washington (206) 283-0816 | RHAwa.org
ENERGY CONSERVATION + WEATHERIZATION
Capstone Solar (206) 580-3448 | capstonesolar.com
Energy Benchmarking Services
Michael Jones (206) 245-8737 | EnergyBenchmarkingServices.com
SRC Windows (253) 565-2488 | srcwindows.com
ESTATE PLANNING
Dimension Law Group PLLC
Synthia Melton (206) 973-3500 | dimensionlaw.com
Flynn and Associates, PLLC
Sean Flynn (206) 330-0608 | theflynnfirm.com
Olympic Estate Group, LLC
G.A. “Jeri” Schuhmann (206) 799-0544 | OlympicWealthStrategies.com
EVICTIONS
Access Evictions
Travis Eller, Attorney at Law (425) 641-8010 | accessevictions.com
Demco Law Firm, P.S. (206) 203-6000 | demcolaw.com
Glasson Legal (206) 627-0528 | glassonlegal.com
LT Services, Inc. (206) 241-1550 | ltservices.net
Loeffler Law Group, PLLC (206) 443-8678 | loefflerlawgroup.com
Maxwell Glasson (206) 627-0528 | loefflerlawgroup.com
EXCHANGE — 1031 REAL ESTATE
1031 Capital Solutions (800) 445-5908 | 1031capitalsolutions.com
Gourley Law Group / The Exchange Connection (360) 568-5065 | gourleylawgroup.com
Investment Property Exchange Services, Inc. (425)582-3487 | www.ipx1031.com
Kay Properties & Investments
Dwight Kay (855) 899-4597 | kpi1031.com
FLOOD | SEWER OVERFLOW CLEANUP
Fischer Restoration (888) 345-2532 | fischerrestore.com
FLOOR COVERINGS
AFB Floors (425)255-3893 | afbfloors.com
Alliance Flooring Services (253) 850-1288 | allianceflooring.com
ER Flooring (360) 402-9566 | erflooring.com
FORMS + LEASES
Rental Housing Association of Washington (206) 283-0816 | RHAwa.org
GOVERNMENTAL AGENCIES
Seattle Public Utilities | Resource Conservation (206) 684-5251 | savingwater.org
Tacoma Housing Authority (253) 281-7674 | tacomahousing.net
GUTTER INSTALLATION
Axis Roof and Gutter, Inc. (360) 653-ROOF(7663) | axisroofandgutter.com
HANDYMAN SERVICES
Next Level Property Maintenance (206) 922-8119 | nxtlevelpm.com
Ohlsen's Property Renewal (206) 228-2123 | propertyrenewals.com
RentalRiff (541) 600-3200 | rentalriff.com
TQ Handyman LLC Trevor Rose: (206) 222-5129 trevor@tqhandyman.com
HARDWARE
Greenwood True Value Hardware (206) 783-2900 | greenwoodhardware.com
King County Hazardous Waste Management Program (206) 296-4692 kingcountyhazwastewa.gov
HEATING | AIR CONDITIONING (HVAC)
Alpine Ductless, LLC (360) 529-7567 | alpineductless.com
Fischer Heating and Air (206) 783-1190 | fischerheating.com
HOME INSPECTIONS
Optimized Inspection Services, LLC Bryan Mize (206) 349-0733 | seattlerentalinspector.com
Seattle Rental Inspection Services (RRIO) (206) 854-0390
seattlerentalinspectionservices.com
Real Estate Transition Solutions
Exchange - 1031 Real Estate (206) 502-4862 | www.re-transition.com/rhawa
Straight Street Building / Home Inspection John Leon Gonzalez (206) 999-1234 | hi@homeinspect.ws
Taurus Home Inspections
Lisa Lotus | WA State Home Inspector #2261 (206) 676-0023 | taurushomeinspections.com
FINANCIAL | LIFE INSURANCE SERVICES
Diamond Cut Insurance Group, Inc.
Larry Janowicz (425) 879-5198 | larry@dcigi.com
Olympic Estate Group, LLC
G.A. “Jeri” Schuhmann (206) 799-0544 | OlympicWealthStrategies.com
HOARDING
Bio Clean, Inc. (425) 754-9369 biocleanwa.com
VENDOR LISTINGS
INSURANCE
Brent Ward State Farm Insurance
(425) 488-9100 | (888) 532-1875
brentwardagency.com
Diamond Cut Insurance Group, Inc.
Larry Janowicz
(425) 879-5198 | larry@dcigi.com
State Farm Insurance
(206)322-3910 | myseattleinsurance.com
INVESTMENT + FINANCIAL SERVICES
Colliers International
GoldStar Vendor + Vendor of the Year | 2018
Tim McKay: (206) 223-5586
CPX LLC
(866) 405-1435 | cpxone.com
Dan Chhan: (206) 223-1265
Joe Levin: (206) 223-5583
Sam Wayne: (206) 515-4498
Brittany Rondello: (206) 515-4495
colliers.com
Flynn Family Lending
Matt Flynn (425) 221-8660 | flynnfamilylending.com
Havium. Inc
(888) 642-8486 | havium.com
Kidder Mathews
Dylan Simon: (206) 414-8575
Jerrid Anderson: (206) 499-8191
DylanSimon.com
Luther Burbank Savings Bank
Tiana Jackson: (425) 739-0023
lutherburbanksavings.com
McTaggart Real Estate
(206) 322-9495 | darcoapts.com
Paragon Real Estate Advisors, Inc.
Vendor of the Year | 2016
(206) 623-8880 | (800) 643-9871 paragonrea.com
Peak Mortgage Partners
Dave Eden
(206) 660-3014 | peakmp.com
Sound Reatly Group
Charles Burnett, CCIM
(206) 931-6036 | soundmultifamily.com
Umpqua Bank | Multifamily Lending
Matt Couch (425) 602-1250 umpquacrelending.com
Wilson Property Management, Inc.
Gary Wilson, CPM (425) 453-0089 | wilsonmanagementinc.com
IRRIGATION SYSTEMS
Seattle Public Utilities | Saving Water Partnership (206) 684-5955 | savingwater.org
LAND DEVELOPMENT | ZONING
Kanso Homes, Inc. (206) 278-3403 | kansohomes.com
LANDLORD LIAISON PROGRAM
Tacoma Housing Authority (253) 281-7674 | tacomahousing.net
LANDSCAPING
Echo Yard Maintenance (206) 909-6873
LAUNDRY SERVICES
LENDERS, MORTGAGE
CrossCountry Mortgage LLC (206) 650-4041 | keaneloans.com
CAPITAL
Eastside Funding (425) 230-0000 | eastsidefunding.com
First Federal Savings and Loan (206) 586-1701 | ourfirstfed.com
First Financial Northwest Bank
Tom Jarzynka (425) 264-2757 | ffnwb.com
Flynn Family Lending
Matt Flynn (425) 221-8660 | flynnfamilylending.com
Homebridge Financial (206) 915-3742 | homebridge.com
Kidder Matthews Simon and Anderson Team (206) 747-4725 | dylansimon.com
Luther Burbank Savings Bank
Tiana Jackson: (425) 739-0023 lutherburbanksavings.com
MASONRY SERVICES
Rife Masonry
Chad Rife: (206) 696-6998 | rifemasonry.com
Masonry Restoration Consulting (425) 344-3893 masonryrestorationconsulting.com
POOL LEAK DETECTION
American Leak Detection (425) 747-7118 | americanleakdetection.com
PRINTING
Pacific Publishing Co. (206) 461-1322 | pacificpublishingcompany.com
PROPERTY MANAGEMENT
Affinity Real Estate Management (206) 812-9155 | affinityrem.com
All County Evergreen Property Management (253) 238-9590 | allcountyevergreen.com
Allen Property Management Mike Larson (253) 582-6111 | (800) 995-6111 haroldallen.com
Bell-Anderson & Assoc., LLC, AMO (253)852-8195 | bell-anderson.net
Pioneer Masonry Restoration Co. (206) 782-4331 | pioneermasonry.com
METER + BILLING SERVICES
Guardian Water & Power
Chris Apostolos (206) 271-6913 | (877) 291-3141 x139 guardianwp.com
Submeter Solutions, Inc.
Jeff Lowry: (425) 228-6831 (888) 64-METER (63837) | submetersolutions.com
Brink Property Management
Dean Foggitt (425) 458-4848 | brinkpm.com
Cadence Real Estate (206)258-4871 | www.cadencere.com
Capstone Commercial Real Estate Advisors
John Downing (206) 324-9427 | capstonerea.com
Champions Real Estate Services (425) 744-5550 | nwchampions.com
Cornell & Associates Inc
Pacific Crest Savings Bank
Todd M. Hull | Scott Gibson (425) 670-9624 | (800) 335-4126 pacificcrestbank.com
Peak Mortgage Partners
Dave Eden (206) 660-3014 | peakmp.com
Sound Community Bank
(206) 448-0884 x202 | soundcb.com
Umpqua Bank | Multifamily Lending
Matt Couch (425) 602-1250 | umpquacrelending.com
Washington Federal Vendor of the Year | 2015
Tim Marymee (206) 777-8213 | (800) 324-9375 washingtonfederal.com
LIGHTING
Tacoma Public Utilities Power: (253) 502-8600
Water: (253) 502-8723
TacomaPowerRebates.com/multifamily
LOCKSMITH
Pacific Northwest Locksmith (206) 531-0411 | pnwlocksmith.com
LUMBER
Dunn Lumber (206) 632-2129 | (800) 248-3866 dunnlum.com
MAINTENANCE
First Choice Remodeling, Inc. (253) 846-9000 | firstchoiceremodelinginc.com
Multifamily Elites (425) 698-1631 | multifamilyelites.com
MOLD | MOLD INSPECTIONS
Envirotest | Mold, Air Quality Analysis, Inspections
Donald B. Kronenberg (206) 877-3191 | seattlemoldandairquality.com
ON-SITE LAUNDRY SERVICES
Hainsworth Laundry
Jason Hainsworth (509) 534-8942 | hainsworth.biz
PAINTING | PAINT
Extreme Steam Carpet Cleaning
(425) 330-9328 | extremesteamcc.com
Interland Design
Jake Cervilla (425) 290-9639 | interlanddesign.com
Ohlsen's Property Renewal (206) 228-2123 | propertyrenewals.com
PEST INSPECTIONS
NWK9 Bed Bug Detectives (206) 801-3522 | nwk9bedbugdetectives.com
Straight Street Building / Home Inspection
John Leon Gonzalez (206) 999-1234 | hi@homeinspect.ws
PIPE RESTORATION
Best Plumbing Group
(206) 633-1700 | (425) 771-1114
Fischer Plumbing, Inc. (206) 783-4129 | fischerplumbing.com
The Pipe Guys (253) 537-2830 | pipeguys.com
Tub Cove Inc. One-piece one-of-a-kind bath walls (206) 522-1711 | tubcove.com
(206)329-0085 | www.cornellandassociates.com
Dave Poletti & Associates
(206) 286-1100 | davepoletti.com
Dobler Management Company Inc.
(253) 475-2405 | doblermanagement.com
Elita Living Real Estate LLC
Erica Vincent (206) 323-0771 | elitaliving.com
Emerald Heights Property Management
Ryan Dosch
(206) 457-2475 emeraldheightspm.com
First Comercial Properties NW. (206) 985-7275 | fcpnw.com
Coin Meter
(503) 750-8442 | coinmeter.com
Hainsworth Laundry
Jason Hainsworth (509) 534-8942 | hainsworth.biz
LEAK DETECTION
Fischer Plumbing, Inc. (206) 783-4129 | fischerplumbing.com
Pro Realty Options, Inc. (425) 745-2400 | prorealtyoptions.com
Real Property Management Today (253) 426-1730 | rpmtoday.com
RentalRiff (541) 600-3200 | rentalriff.com
PLUMBING
Best Plumbing Group (206) 633-1700 | (425) 771-1114 bestplumbing.com
Day & Nite Plumbing & Heating Inc.
Vendor of the Year | 2020 (425) 775-6464 | (800) 972-7000 dayandnite.net
Fischer Plumbing, Inc. (206) 783-4129 | fischerplumbing.com
Foundation Group, LLC (206) 324-7622 | foundationgroupre.com
Icon Real Estate Services Inc.
Jeremiah Roberson
(425) 633-3330 | www.iconre.org
Jean Vel Dyke Properties, LLC
(206) 725-3103 veldyke.com
Jevons Property Management
Enrique Jevons (206) 880-7935 | jevonsproperties.com
Krishna Realty
(425) 209-0055 | krishna-realty.com
Lexington Asset Management
(310) 650-3343
Longley Property Management Inc.
Venita Longley (206) 937-3522 | longleypm.com
Madeson Management LLC
Melissa Melia
(206) 673-4282 | madesonmanagement.com
Madrona Real Estate Services, LLC
Bradford Augustine (206) 538-2950 | MadronaRealEstate.com
Maple Leaf Management LLC
Michelle Bannister (206) 850-8095 | mapleleafmgt.com
PROPERTY MANAGEMENT
Marathon Properties
Jeff O’Hare (425) 745-9107 | marathonpropmgmt.com
Multifamily Elites (425) 698-1631 | multifamilyelites.com
Nathaly Burnett Property Management (253) 732-9535 | beyondseattle.com
Next Brick Property Management (425) 372-7582
Niche Realty Associates LLC (206) 851-4694 | nichrealtyassoc.com
Northfield Properties Inc.
(425) 304-1250 | (425) 304-1250
North Pacific Property Management
Joshua Fant (206) 781-0186 | (800) 332-1032
northpacificpropertymanagement.com
Pacific Crest Real Estate (206) 812-9155 | pacificcrestre.com
Park 52 Property Management
Paul Jakeman | (253) 473-5200 | park52.com
People’s Real Estate, Inc.
Lisa Brannon | (425) 442-9941 | peoplespm.com
Phillips Real Estate, LLC (206)22-8600 | philipsre.com
Pilot Ventures LLC | Property Management
(206) 566-6600 | pilotnw.com
Prospector Property Management (206) 508-6366
prospectorpropertymanagement.com
Real Estate Gladiators
(425)260-3121 | www.realestategladiators.com
Real Estate Investment Services (REIS)
Lakewood: (253) 207-5871
Seattle: (206) 319-5981 | REISinvest.com
Real Property Management Today (253) 426-1730 | rpmtoday.com
Redside Partners, LLC
Craig Swanson (206) 323-1771 | redsidepartners.com
Rentals Northwest
Richard Wilber (253) 581-8616
Renters Marketplace
Larry Cutting (425) 277-1500 | rentersmarketplace.com
Seattle's Property Management (206) 856-6000 | seattlespropertymanagement.com
Seattle Rental Group Property Management (206)315-4628 | www.seattlerentalgroup.com
SJA Property Management (425) 658-1920 | sjapropertymanagement.com
SJC Management Group
Jason Clifford (253) 863-8117 | sjcmanagement.com
Spartan Agency, LLC (253) 863-6122 spartanagency.com
SUHRCO Residential Properties (425) 455-0900 | (206) 243-5507 suhrco.com
The Paris Group NW (206) 466-4937 | theparisgroupnw.com
TQ Handyman LLC
Trevor Rose: (206) 222-5129 trevor@tqhandyman.com
T-Square Properties | Real Estate Brokers (425) 485-1800 | www.tsquaremanagement.com
Weber & Associates Property Management (425) 745-5838
Westlake Associates
(206) 505-9400 | westlakeassociates.com
Wilson Property Management, Inc.
Gary Wilson CPM (425) 453-0089 wilsonmanagementinc.com
VENDOR LISTINGS
PROPERTY MANAGEMENT
Windermere Property Management
/ Lori Gill & Associates
(425) 455-5515 | wpmnorthwest.com
REAL ESTATE BROKERS
Madrona Real Estate
Bradford Augustine
(206) 538-2950 | MadronaRealEstate.com
McTaggart Real Estate (206) 322-9495 | darcoapts.com
Next Brick Property Management
(425) 372-7582
Niche Realty Associates LLC
(206) 851-4694 | nichrealtyassoc.com
North Pacific Property Management (206) 781-0186 | (800) 332-1032 northpacificpropertymanagement.com
Paragon Real Estate Advisors, Inc.
RENTAL HOUSING INSPECTORS
Optimized Inspection Services, LLC
Bryan Mize (206) 349-0733 | seattlerentalinspector.com
Seattle Rental Inspection Services (RRIO) (206)854-0390
seattlerentalinspectionservices.com
Straight Street Building / Home Inspection
John Leon Gonzalez (206) 999-1234 | hi@homeinspect.ws
RETIREMENT PLANNING
Olympic Estate Group, LLC
Windermere Property Management / JMW Group
(206) 621-2037 | windermere-pm.com
Rental Housing Association of Washington
(206) 283-0816 | RHAwa.org/RMAP
Windermere Property Management / WPM South, LLC
Ed Verdi (253) 638-9811 | wpmsouth.com
WPI Real Estate Services, Inc.
(206) 522-8172 | wpirealestate.com
Yardi Kelly Krier (805) 699-2040 | yardi.com
RECYCLING + GARBAGE
Junk Busters-Big Haul
(360) 390-2014 | junkbustersllc.com
REAL ESTATE BROKERS
BricksFolios Real Estate Solutions
Jyotsna (Jo) Dixit
(425) 503-1225 | brickfolios.com
Capstone Commercial Real Estate Advisors
John Downing
(206) 324-9427 | capstonerea.com
Champions Real Estate Services
(425) 744-5550 | nwchampions.com
Colliers International
(206) 223-1428 | colliers.com/seattle
Cornell & Associates Inc
(206)329-0085 | www.cornellandassociates.com
Dave Poletti & Associates
(206) 286-1100 | davepoletti.com
DVF Legacy Investments
(206) 650-6113 | pugetsoundinvesting.com
Elita Living Real Estate LLC
Erica Vincent (206) 323-0771 | elitaliving.com
Foundation Group, LLC
(206) 324-7622 | foundationgroupre.com
Havium. Inc
(888) 642-8486 | havium.com
HFO Investment Real Estate
(971) 717-6337 | hfore.com
Jean Vel Dyke Properties, LLC
(206) 725-3103 | veldyke.com
Kay Properties & Investments
Dwight Kay
(855) 899-4597 | kpi1031.com
Kidder Mathews
Dylan Simon: (206) 414-8575
Jerrid Anderson: (206) 499-8191
DylanSimon.com
Krishna Realty
(425) 209-0055 | krishna-realty.com
Leading Edge Property Management
(425) 405-2358 | edgehomerentals.com
Lee & Associates
Multifamily Team
Candice Chevaillier
(206) 284-1000 | lee-nw.com
Vendor of the Year | 2016 (206) 623-8880 | (800) 643-9871 paragonrea.com
Jeri Schuhmann (206) 799-0544 OlympicWealthStrategies.com
RISK MANAGEMENT
ADT – Multi-family (562) 712-7504 | adt.com
ROOFING SERVICES
Axis Roof and Gutter, Inc. (360) 653-ROOF(7663) | axisroofandgutter.com
Bravo Roofing, Inc.
Park 52 Property Management
Paul Jakeman | (253) 473-5200 | park52.com
People’s Real Estate, Inc.
(425) 442-9941 | peoplespm.com
Phillips Real Estate, LLC
(206) 622-8600 | phillipsre.com
Prime Metropolis Properties, Inc.
(425) 688-3003 | pmp1988.com
Real Estate Gladiators
(425)260-3121 | www.realestategladiators.com
Real Estate Investment Services (REIS)
Lakewood: (253) 207-5871
Seattle: (206) 319-5981 | REISinvest.com
Seattle Land Broker Inc.
(206) 973-3022 | seattlelandbroker.com
SJA Property Management
(425) 658-1920 | sjapropertymanagement.com
Sound Reatly Group
Charles Burnett, CCIM
(206) 931-6036 | soundmultifamily.com
SUHRCO Residential Properties
(425) 455-0900 | (206) 243-5507 | suhrco.com
Tecton Corporation
(206) 448-4100 | tecton.com
The Chang Group (425) 678-2288 | changgroup.com
The Paris Group NW (206) 466-4937 | theparisgroupnw.com
T-Square Properties | Real Estate Brokers
(425) 485-1800 www.tsquaremanagement.com
Westlake Associates
(206) 505-9400 | westlakeassociates.com
Windermere Property Management
/ Lori Gill & Associates
(425) 455-5515 | wpmnorthwest.com
Windermere Real Estate Commercial
Therasa Alston | (206) 650-4777
Windermere Real Estate / East Buck Hoffman (206) 660-3764 | buckhoffman.com
WPI Real Estate Services, Inc. (206) 522-8172 x105 | wpirealestate.com
RENTAL HOUSING INSPECTORS
Ideal Inspection Services LLC
RRIO Certified + Licensed Inspector (206) 930-0264 | idealinspectionservice.com
GoldStar Vendor + Vendor of the Year | 2014 John Paust, Estimator: (206) 948-5280 (253) 335-4825 | (360) 886-2193 john@bravoroofs.com | bravoroofs.com
Diamond Roofers, LLP | Flat & Low Slope (206) 202-7770 | diamondroofers.com
Fields Roof Service Inc. (253) 852-4974 | (888) 852-4974 fieldsroofservice.com
Mono Rooftop Solutions
Commercial / Residential Repair & Maintenance (206) 767-2025 | monorooftop.com
SECURITY
Pacific Northwest Locksmith | Detectors (206) 531-0411 | pnwlocksmith.com
Signal 88 Security of South Puget Sound (206)208-0233 | signal88.com
SEWER & DRAIN VIDEO INSPECTIONS
Best Plumbing Group (206) 633-1700 | (425) 771-1114 bestplumbing.com
Fischer Plumbing, Inc. (206) 783-4129 | fischerplumbing.com
SIDE SEWER REPAIR
Best Plumbing Group (206) 633-1700 | (425) 771-1114 bestplumbing.com
Fischer Plumbing, Inc. (206) 783-4129 | fischerplumbing.com
The Pipe Guys (253) 475-6225 | pipeguys.com
VENDOR LISTINGS
SOFTWARE FOR RENTAL OWNERS
Yardi
Kelly Krier (805) 699-2040 | yardi.com
SUBMETERING
Guardian Water & Power
Chris Apostolos (206) 271-6913 | (877) 291-3141 x139 guardianwp.com
SUBMETERING
Submeter Solutions, Inc.
Jeff Lowry: (425) 228-6831 (888) 64-METER (63837) | submetersolutions.com
TAX CONSULTING | PREPARATION
Brink & Sadler
Johann Drewett (253) 582-4700 | brinkandsadler.com
Hutchinson & Walter, PLLC (425) 455-1620 | hutchcpa.com
TAX-DEFERRED EXCHANGES (1031)
Investment Property Exchange Services, Inc. (425)582-3487 | www.ipx1031.com
Real Estate Transition Solutions 1031 Exchanges & Delaware Statutory Trusts
Vendor of the Year | 2017 (206) 686-2211 | re-transition.com
TEMPORARY HOUSING
Short Term Suites (206) 652-9356 | shorttermsuites.com
TENANT SCREENING
Rental Housing Association of Washington
Val Kushi (206) 283-0816 | RHAwa.org
SafeRent Solutions (419) 367-7615
THIRD PARTY BILLING | UTILITIES
Guardian Water & Power
Chris Apostolos (206) 271-6913 | (877) 291-3141 x139 guardianwp.com
Submeter Solutions, Inc.
Jeff Lowry: (425) 228-6831 (888) 64-METER (63837) | submetersolutions.com
TOWING + IMPOUND MANAGEMENT
ABC Towing, Inc.
Seattle: (206) 682-2869
Tukwila: (206) 767-4024 abc4atow.com
TRAUMA SCENE CLEAN-UP
Bio Clean, Inc. (425) 754-9369 | biocleanwa.com
UTILITY SERVICES
Conservice (435) 419-4960 conservice.com
Tacoma Public Utilities
Power: (253) 502-8600
Water: (253) 502-8723 TacomaPowerRebates.com/multifamily
VACANCY LISTING SERVICES
Pacific Publishing Co. | Print & Internet (206) 461-1322 | pacificpublishingcompany.com
Renters Marketplace
Larry Cutting (425) 277-1500 | rentersmarketplace.com
WATER CONSERVATION
Seattle Public Utilities | Saving Water Partnership (206) 615-1282 | savingwater.org
WATER | FIRE DAMAGE RESTORATION
Fischer Restoration (888) 345-2532 | fischerrestore.com
WATER HEATER SALES & SERVICE
Best Plumbing Group (206) 633-1700 | (425) 771-1114 bestplumbing.com
Day & Nite Plumbing & Heating Inc.
Vendor of the Year | 2020 (425) 775-6464 | (800) 972-7000 dayandnite.net
Fischer Plumbing, Inc. (206) 783-4129 | fischerplumbing.com
Greenwood True Value Hardware (206) 783-2900 | greenwoodhardware.com
WATERPROOFING
Masonry Restoration Consulting (425) 344-3893 masonryrestorationconsulting.com
WINDOW COVERINGS
Shine a Blind | Blinds
On-Site Ultrasonic Mini-Blind Cleaning + Repair (425) 771-7799 | shineablind.net
WINDOWS
SRC Windows (253) 565-2488 | (800) 870-2488
srcwindows.com
Tacoma Public Utilities
Power: (253) 502-8600
Water: (253) 502-8723
TacomaPowerRebates.com/multifamily
YARD MAINTENANCE
Echo Yard Maintenance (206) 909-6873
Continued from page 11
RHAWA Default Notices Now Restricted
Chris Benis | RHAWA Legal Council | (206) 447-1900RHAWA has historically offered within its suite of forms, “default notices” (those notices which are the first step before commencing an unlawful detainer action). Unlawful Detainer actions have recently become substantially more complex, and practices vary greatly between jurisdictions.
This complexity and local variation make our offering of statewide forms no longer beneficial to the membership. As such, until further notice RHAWA will no longer be offering default notices. If you need to issue a default notice, RHAWA recommends that you work with an attorney
familiar with the local rules and procedures in your jurisdiction. If at some future date RHAWA’s legal review team becomes confident in the use of standardized default notices, RHAWA will resume offering these forms. We believe that at the present time you are best served by starting an unlawful detainer on the right foundation, and in consultation with an experienced local attorney.
Note: To view a list of member attorneys who currently practice eviction law, go to rhawa.org/vendor-directory and select “Evictions” from the Filter list.
CITY LAW ARTICLE OF THE MONTH: SEATAC
• Actions by the renter. A just cause reason for eviction exists if the renter:
- Does not pay rent for 14 days after receiving notice that rent is past due.*
- Breaks a term in the rental agreement (e.g., does not remove trash from the rental unit) and does not comply within 10 days.
- Engages in drug-related or criminal activity.
- Resigns from a job working on the property, which was the reason the landlord rented the unit to the renter.
• The owner/landlord. A just cause reason for eviction exists if the landlord or owner:
- Intends to renovate the building, provides 120 days’ notice to the renter, and obtains a construction permit for the work.
- Intends to demolish the building or intends to convert the building to non-residential use, provides 120 days’ notice to the renter, and obtains a permit for the work.
- Must halt the use of the unit to comply with zoning, building, public safety, or emergency orders by the City of SeaTac (e.g. the building is unsafe to occupy).
- Currently lives in the rental unit with the renter and wants the renter to move out.
*Any notice to pay or vacate shall include within the notice at least 16-point bold font the following information: "You have 14 days to pay the rent required by this notice. After 14 days, you may pay the rent but will have to include a late fee totaling at most two percent (2%) of monthly rent per month for each month of rent owed. If the landlord has started a court case to evict you and the case is filed in court, you will need to pay court costs as well before the hearing date to avoid eviction."
Formal legal advice and review is recommended prior to selection and use of this information. RHAWA does not represent your selection or execution of this information as appropriate for your specific circumstance. The material contained and represented herein, although obtained from reliable sources, is not considered legal advice or to be used as a substitution for legal counsel.
ACHIEVING THE ULTIMATE BATHROOM MAKEOVER: How to Find the Perfect Bathroom Remodel Near Me
INTRODUCTION TO THE ULTIMATE BATHROOM MAKEOVER
As a homeowner, one of the most rewarding experiences is transforming your living space into something that reflects your personal style and meets your functional needs. Among all the rooms in your home, the bathroom is perhaps the most intimate and essential space that deserves special attention. A well-designed bathroom can not only improve your daily routine and comfort but also significantly increase the value of your property.
In this comprehensive guide, I will walk you through the key aspects of planning and executing the ultimate bathroom makeover. We will explore the importance of a well-designed bathroom, factors to consider before starting a remodel, tips for finding the perfect bathroom remodel near me, choosing the right remodeling company, the remodeling process, popular
trends and ideas, budgeting, maximizing ROI, and finally achieving your dream bathroom.
IMPORTANCE OF A WELL-DESIGNED BATHROOM
A well-designed bathroom is more than just a functional space to take care of personal hygiene. It serves as a sanctuary where you can relax, unwind, and rejuvenate after a long day. The design and ambiance of your bathroom can significantly impact your mood, energy levels, and overall well-being.
Moreover, a beautifully-designed bathroom can make a lasting impression on your guests and elevate the aesthetic appeal of your home. It is also a key factor that potential buyers consider while evaluating the value of a property. In short, investing in a bathroom remodel can greatly enhance your home's desirability and market value.
FACTORS TO CONSIDER BEFORE PLANNING A BATHROOM REMODEL
Before embarking on your bathroom makeover journey, it is essential to take a step back and consider some crucial factors that will influence your design choices, budget, and overall remodeling experience.
• Purpose: Determine the primary goal of your bathroom remodel. Are you looking to update the aesthetics, improve functionality, or increase your home's value? Identifying the purpose will help you make informed decisions throughout the remodeling process.
• Existing layout and plumbing: Evaluate the current layout and plumbing system of your bathroom. This will help you identify the extent of the changes you can make and the potential challenges you may face during the remodeling process.
• Space and storage: Analyze the available space in your bathroom and your storage needs. This will help you decide on the optimal layout, fixtures, and storage solutions to maximize space utilization.
• Personal style and preferences: Reflect on your personal design preferences, desired color schemes, and the overall look you want to achieve in your remodeled bathroom.
• Budget and timeline: Set a realistic budget and timeline for your bathroom remodel. This will help you prioritize your design choices and ensure that the project stays on track and within budget.
HOW TO FIND THE PERFECT BATHROOM REMODEL NEAR ME
Finding the perfect bathroom remodel can be a daunting task, given the pleth-
ora of options available. To make this process easier and more efficient, follow these steps:
• Ask for recommendations: Reach out to your friends, family, and neighbors who have recently undertaken a bathroom remodel. Their experiences and insights can help you identify reputable local contractors and narrow down your search.
• Research online: Browse through online directories, review sites, and social media platforms to find bathroom remodeling companies in your area. Read customer reviews and testimonials to gain insights into the quality of their work and customer service.
• Check credentials: Verify the credentials of the shortlisted companies, including their license, insurance, and certifications. A reputable contractor will have the necessary permits and qualifications to undertake a bathroom remodel in your area.
• Review their portfolio: Explore the portfolios of the shortlisted companies to assess their design style, craftsmanship, and attention to detail. This will help you determine if they are a good fit for your bathroom makeover project. You can check out our work here!
• Get multiple quotes: Request quotes from at least three different companies to compare their prices, services, and project timelines. Make sure to get a detailed breakdown of the costs involved to avoid any hidden charges or surprises later on. Keep in mind that the cheapest estimate isn’t always the cheapest. It may cost you more in the long run!
TIPS FOR CHOOSING THE RIGHT BATHROOM REMODELING COMPANY
Once you have narrowed down your search, consider the following tips to choose the right company for your bathroom remodel:
• Communication: Choose a company that communicates clearly and promptly, addressing your concerns and providing regular updates throughout the project.
• Experience and expertise: Select a company with extensive experience and expertise in bathroom remodeling to ensure that they can
handle any challenges that may arise during the project.
• Customization: Opt for a company that offers personalized design solutions tailored to your unique needs and preferences.
• Quality of materials and workmanship: Ensure that the company uses high-quality materials and employs skilled professionals to deliver a flawless finish.
• Warranty and post-project support: Look for a company that offers a warranty on their work and provides post-project support to address any issues that may arise after the completion of the remodel.
THE BATHROOM REMODELING PROCESS: WHAT TO EXPECT
The bathroom remodeling process can be broadly divided into the following stages:
• Design and planning: This stage involves discussing your design preferences, needs, and budget with the remodeling company. They will help you develop a detailed plan, including the layout, fixtures, materials, and color schemes for your new bathroom.
• Demolition: Once the design is finalized, the remodeling company will begin the demolition process, which involves removing old fixtures, tiles, and other materials to make way for the new design elements.
• Plumbing and electrical work: After the demolition, the plumbing and electrical systems will be updated or modified as per the new layout and design requirements.
• Installation of fixtures and finishes: Following the plumbing and electrical work, the new fixtures, cabinetry, countertops, and other design elements will be installed.
• Final touches: Lastly, the finishing touches, such as painting, caulking, and cleaning, will be carried out to ensure a polished and flawless bathroom remodel.
Throughout the remodeling process, it is essential to maintain open communication with your contractor and monitor the progress to ensure that the project stays on track and meets your expectations.
POPULAR BATHROOM REMODEL TRENDS AND IDEAS
To give you some inspiration for your bathroom makeover, here are some popular trends and ideas to consider:
• Freestanding tubs: Freestanding tubs are a luxurious and stylish addition to any bathroom, offering a spa-like experience and making a bold design statement.
• Walk-in showers: Walk-in showers with frameless glass enclosures provide a sleek and modern look while maximizing the available space.
• Floating vanities: Floating vanities create a sense of spaciousness and offer a contemporary aesthetic.
• Bold tile patterns: Experiment with bold tile patterns, such as geometric shapes, herringbone, and chevron, to add visual interest and personality to your bathroom.
• Smart technology: Integrate smart technology, such as digital shower controls, heated floors, and touchless faucets, for an enhanced and convenient bathroom experience.
BUDGETING FOR YOUR BATHROOM MAKEOVER
Budgeting is a critical aspect of any remodeling project. Here are some tips to help you set a realistic budget for your bathroom makeover:
• Determine your priorities: Decide on the most important aspects of your bathroom remodel, such as updating fixtures, improving the layout, or adding storage solutions, and allocate your budget accordingly.
• Research and compare prices: Research the prices of various materials, fixtures, and design elements to make informed decisions and avoid overspending.
• Factor in hidden costs: Don't forget to account for hidden costs, such as permits, disposal fees, and unexpected repairs,that may arise during the remodeling process.
• Consider financing options: If you need to finance your bathroom remodel, explore different options such as home equity loans, personal loans, and credit cards. Make sure to compare the interest rates and terms of each option before
making a decision. (To get qualified for financing, check out our financing options here).
• Set aside a contingency fund: Set aside a contingency fund of at least 10% of your total budget to cover any unexpected costs or changes in the project.
By following these budgeting tips, you can ensure that your bathroom remodel stays within your financial limits and delivers the desired results.
MAXIMIZING ROI WITH A BATHROOM REMODEL NEAR ME
A bathroom remodel is not just about improving your living space and comfort, but also about increasing the value of your property. Here are some ways to maximize the ROI of your bathroom remodel near me:
• Focus on functionality: Focus on improving the functionality and practicality of your bathroom by adding storage solutions, upgrading the plumbing, and improving the lighting.
• Keep it timeless: Choose design elements and finishes that are timeless and classic, rather than trendy and short-lived. This will ensure that your bathroom remodel remains relevant and attractive to potential buyers for years to come.
• Invest in energy-efficient fixtures: Incorporate energy-efficient fixtures, such as low-flow toilets, LED lighting, and water-saving faucets, to reduce your utility bills and appeal to eco-conscious buyers.
• Stick to a neutral color palette: Opt for a neutral color palette, such as white, beige, or gray, for your bathroom remodel. This will create a clean and timeless look that appeals to a broader range of buyers.
• Work with a reputable contractor: Hiring a reputable and experienced contractor for your bathroom remodel near me will ensure that the project is completed to high standards, maximizing the value of your investment.
By implementing these strategies, you can ensure that your bathroom remodel not only enhances your daily life but also adds significant value to your property.
Continued on page 34
Creating a Successful 1031 Exchange Team: WHO YOU NEED AND WHY
Although 1031 Exchanges offer numerous advantages, they can be complicated and must be executed under the strict guidelines of Section 1031 of the Internal Revenue Code. Any deviation can result in significant tax consequences, including the loss of tax-deferred treatment. To ensure your 1031 Exchange is successful and aligns with your objectives, it is essential to have a strong team at your side. In this article, we will introduce you to five professionals you should have on your team and provide insights into factors to consider when selecting the right individuals for your team.
5 PROFESSIONALS FOR YOUR 1031 EXCHANGE TEAM
To execute a successful 1031 Exchange, you should work with a team of professionals who can help guide you through the complex process. These professionals include a licensed 1031 Exchange advisor, a qualified intermediary, a real estate broker, a tax
professional, and a real estate attorney.
Together, these five professionals can help ensure your 1031 Exchange is executed smoothly and in compliance with all legal requirements. In the following sections, we will explore the role of each of these professionals in more detail.
LICENSED 1031 EXCHANGE ADVISOR: THE TEAM LEADER
Think of a 1031 Exchange advisor
as the team captain—and every team needs a good captain. A quality 1031 Exchange advisor is licensed through FINRA, is highly experienced, and has in-depth knowledge of the exchange process, tax code, exchange strategies, and available replacement property options.
As the team leader, your 1031 advisor will provide consultation, develop your exchange strategy, help you select and acquire replacement property, and
guide you through critical steps of the 1031 Exchange process to ensure IRS rules are met at every point.
A quality 1031 Exchange consulting firm, has FINA-licensed 1031 Exchange advisors that can calculate tax liabilities and estimate financial projections on replacement properties. In addition, 1031 Exchange advisors continuously analyze and vet replacement properties to find quality properties that best align with client objectives.
Lastly, a good 1031 Exchange advisor will work closely with the other professionals on your exchange team to collaborate on your behalf to help ensure a seamless transition from start to finish.
QUALIFIED INTERMEDIARY: HOLDING THE PROCEEDS FROM THE SALE
Often referred to as an exchange accommodator or exchange facilitator, a qualified intermediary (QI) is an independent entity that holds the proceeds
from the sale of your relinquished property while your replacement property is being identified and releases the funds to acquire your 1031 replacement property. As required by the IRS, prior to closing on the sale of the relinquished property, all exchangers must identify a qualified intermediary and open an "Exchange" with that qualified intermediary, who will prepare all the required documents for the exchange.
Before selecting a qualified intermediary firm for your 1031 Exchange, be sure to consider the QI’s reputation, transaction history, and experience. Ensuring that the qualified intermediary has errors and omissions insurance and fidelity insurance is also important.
REAL ESTATE BROKER: SELLING YOUR RELINQUISHED PROPERTY
You may already have a trusted real estate broker to help sell your relinquished rental property. However, if you are in the market for a new
broker, it is good to work with one who has 1031 Exchange experience. A real estate broker with exchange experience understands the rigid time constraints of a 1031 and will take additional measures, such as including a 1031 Exchange Cooperation Clause in your purchase and sale agreement, to help protect your exchange.
CPA OR TAX ADVISOR: REPORTING YOUR 1031 EXCHANGE TO THE IRS
Deferring taxes is at the center of every 1031 Exchange. For this reason, work with a CPA or tax advisor who understands your financial goals, is familiar with 1031 Exchanges, and can make themselves available to the other professionals involved in your exchange.
Once your 1031 Exchange is complete, your tax advisor will gather the necessary supporting documents to report the 1031 Exchange to the IRS during your upcoming year's taxes.
REAL ESTATE ATTORNEY: PROVIDING LEGAL GUIDANCE
Although most 1031 Exchange transactions do not require a real estate attorney, there are situations when hiring an attorney is beneficial, such as when a property is co-owned and legal entity restructuring must occur in advance of the exchange or following the exchange. Work with a real estate attorney that has experience with 1031 Exchanges and can make themselves available to the other professionals on your exchange team.
RHAWA
IMPORTANT INFORMATION
THE BOTTOM LINE
IRS Section 1031 is undeniably one of the most generous sections of the tax code; however, IRS rules are absolute and must be followed. Having the right team in place and working with a highly experienced 1031 Exchange advisor at RETS will help you make the most of this advantageous transaction.
Austin Bowlin, CPA is Chief Exchange Strategist & Partner at Real Estate Transition Solutions. Austin leads the firm's team of licensed 1031 Exchange advisors & analysts and provides consultation on tax liability, deferral strategies, legal entity structuring, co-ownership arrangements, 1031 replacement property options, and Delaware Statutory Trust investments. Real Estate Transition Solutions (RETS) is a consulting firm special izing in tax-deferred 1031 Exchange strategies and Delaware Statutory Trust investment property. For over 26 years, we have helped investment property owners perform successful 1031 Exchanges by developing and implementing well-planned, tax-efficient transition plans carefully designed to meet their objectives. Our team of licensed 1031 Exchange Advisors will guide you through the entire process, including help selecting and acquiring passive management replacement properties best suited to meet your objectives. To learn more about 1031 Exchanges and Real Estate Transition Solutions, visit re-transition.com/rha wa or call us at (206) 502-4862.
The information herein has been prepared for educational purposes only and does not constitute an offer to purchase or sell securitized real estate investments. Such offers are only made through the sponsor's Private Placement Memorandum (PPM), which is solely available to accredited investors and accredited entities. Examples are for illustrative purposes and are not representative of future results. There are risks associated with investing in real estate properties, including, but not limited to, loss of entire investment principal, declining market values, tenant vacancies, and illiquidity. Because investor situations and objectives vary, this information is not intended to indicate suitability for any particular investor. This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your situation. DST 1031 properties are only available to accredited investors (generally described as having a net worth of over $1 million exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor and/ or an accredited entity, please verify with your CPA and Attorney. Securities are offered through Aurora Securities, Inc. (ASI), member FINRA/SIPC. Advisory services are offered through Secure Asset Management, LLC (SAM), a registered investment advisor. ASI and SAM are affiliated companies. Real Estate Transition Solutions (RETS) is independent of ASI and SAM.
NEW Energy-Efficient Windows Attract NEW Tenants!
NEW Windows are a GREAT Investment!
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again.”
- Ed and Sharon Bezy via
Want to Stay Cool this Summer? TRY A HEAT PUMP!
"A heat pump is no different than an air conditioner". Well, …yes…and no. As the name implies, a heat pump pumps heat…outside to cool your home, and inside to heat your home. In fact, heat pumps generally provide much more efficient heating than a typical oil, natural gas, propane, or electric furnace, or strip heat like an electric baseboard or electric wall heater. And it's done by employing the same principles that an air conditioner uses, to collect and move heat.
A typical air-to-air air conditioner works by transferring heat in the air inside of the home to outside of the structure. The air is cooled as it is blown over the coils of refrigerant lines that are collecting the heat. The refrigerant moves the heat to a coil outside the building, where another fan blows outside air through that coil, and transfers the heat in the refrigerant to the outside ambient air. This process provides air conditioning.
A heat pump works in exactly the opposite way to heat a home, taking heat that exists naturally in the air outside,
and transferring it to the air inside. By the way, there is no such thing as “cold”, just the absence of heat. When we measure temperature we are actually measuring the heat that exists. Even when temperatures fall below freezing, enough heat can be extracted from the air to heat our homes or businesses. This is why a heat pump can still provide energy efficient heat to a structure even when it is “cold” outside.
Heat Pumps can also provide air conditioning and can do so very well. When your thermostat calls for cooling, it triggers a valve within the heat pump that reverses the process of heating your home and works just like an air conditioner.
There are two ratings to look at when considering an air source heat pump. The Seasonal Energy Efficiency Ratio (SEER rating) is a rating that reflects the overall efficiency of a Heat Pump or Air Conditioner in COOLING. The higher the SEER rating the more efficient the unit is in cooling. The Heating Seasonal Performance Factor (HSPF rating) is used for air source
heat pumps to rate the overall efficiency in heating season. The higher the number the more efficient the heat pump in heating. If you're looking to reduce energy expense throughout the heating season, then HSPF is the main consideration for the efficiency rating of a heat pump.
Another important consideration for air-to-air heat pumps is the outside temperature to which it can extract heat efficiently. Most air-to-air heat pumps will extract air down to about freezing (32 degrees F.). However newer technology with Inverter Scroll Compressors are allowing efficient heat extraction down to single digits. When the outside temperature drops below its operation point, a ducted system will automatically switch over to a backup heat source, usually a gas or electric furnace.
WHEN AND WHY SHOULD I CONSIDER A
NEW HEAT PUMP?
• As an upgrade when replacing a furnace. Even if you're not ready to purchase a heat pump at the time
you replace your furnace, for little extra cost you can make your new furnace heat pump ready. It's much more cost effective than trying to retrofit your furnace when you're finally ready to add your heat pump.
• When replacing an oil furnace, you can forgo the expense of upgrading to gas or propane by simply replacing the oil furnace with a more efficient heat pump and an electric air handler.
• Efficiency. Air-to-Air heat pumps are a great way to keep energy costs down. With super efficient Inverter Scroll Technology, it's seldom necessary to use more expensive back up heat (gas, propane, electric) as the main source to heat your home, especially in mild climates like the Northwest
• Old Age Question: Repair or Replace? Is it wise to put money into repairing an older less efficient unit that will break down again? The real appeal to many homeowners is the peace of mind, and savings
they'll receive from a new unit that incorporates today’s high efficient technology.
• Air Conditioner or Heat Pump?
Are you considering an air conditioner? If you live in an area with a definite heating season, it's worthwhile to research the benefits of a heat pump. Installing air conditioning is almost just as much work as installing a heat pump. But with a heat pump you'll also benefit from energy savings in the heating season.
• Don’t have your ducts in a row?
Try a ductless heat pump. They don’t need any duct work, and they'll nearly replace the use of space heaters like electric baseboards. They may also fit the need to heat a single space currently not being heated or a future addition.
If you need help choosing the right heat pump, start by choosing the good contractor. Making sure that the equipment is the right size for your home and the
duct work is sized correctly for the unit is vital. Improper air flow will end up causing trouble with equipment when you need it most.
Choosing a contractor that can give you options and do the job without cutting corners is a must for optimum efficiency, low cost of ownership, and proper operation. It's worth your time and money to research contractors in your service area, in order to find an expert that can help you decide if a heat pump is right for you.
Bruce Davis, Sr. is a Licensed Journeyman Plumber, Licensed Electrician, HVAC/R Electrical Administrator, HVAC/R ,and Certified WA State C.E.U. Instructor. Day and Nite Plumbing and Heating, Inc has been in Lynnwood serving Snohomish and N. King County for over 68-years, and Bruce Sr. has been President and working at this family-owned business for 36-years. Bruce can be contacted at: Email: Bruce@ dayandnite.net.Day and Nite Plumbing and Heating Inc. 16614 13 Ave. W., Lynnwood, WA 9803, (800) 972-7000.
Continued from page 29
ACHIEVING THE ULTIMATE BATHROOM MAKEOVER:
How to Find the Perfect Bathroom
Remodel Near Me
CONCLUSION: ACHIEVING YOUR DREAM BATHROOM
In conclusion, a well-designed and functional bathroom can greatly enhance your quality of life and the value of your property. By considering the factors mentioned in this guide, finding the perfect bathroom remodel near me, choosing the right contractor, and implementing popular trends and ideas, you can achieve the ultimate bathroom makeover that reflects your personal style and meets your practical needs.
Remember to set a realistic budget, communicate effectively with your contractor, and prioritize functionality
and timeless design elements to maximize the ROI of your bathroom remodel. With these tips and strategies, you can transform your bathroom into a sanctuary that you will enjoy for years to come.
So, what are you waiting for? Start planning your dream bathroom today and take the first step towards a more comfortable and stylish living space. Fill out the form below so that we can schedule a time to check out your bathroom!
YOUR RIGHTS ARE UNDER ATTACK
HOUSING PROVIDERS have been blamed as politicians fail to address our region’s affordable housing needs.
The most important protection for our industry involves electing and building relationships with politicians who understand the importance and value of the rental housing industry. That is the sole objective of the RHAWA PAC.
From efforts to restrict your rights and access to information when screening tenants, to mandatory rental housing inspections, and attempts to implement rent control, your rights as a housing provider in Washington State are under attack.
Our Political Action Committee exists to elect responsible candidates who will work collaboratively with RHAWA and the rental industry when issues arise.
Without candidates in office who support housing providers, rental housing in Washington will be choked by endless regulations.
Political Action Committee
For more information on how to make a contribution, visit RHAwa.org/pacdonate
WHERE YOUR ROOF IS OUR ROOF
About Us
We are very proud to be a family owned and operated company. John, Barry and Jill have been serving RHA Members for over 22 years. Our focus is to solve customers’ roof problems and concerns with a reliable, high-quality roof system. Our dedicated crews take pride in their craftsmanship and treat our customers roofs as if it were our own.
We Stand by Stability
Polyflex G (torch down) provides an exceptionally durable roofing product and provides long-term weathering performance. With a granulated surface, Polyflex G exceeds all minimum ASTM standards for tensile strength, puncture resistance and flexibility. This torch down roof membrane is ideal for Northwest roofs; where common branches sometimes fall or residents want a roof-top patio. We stand behind Ployglass APP Membranes with the most reliable warranties in the industry. Their warranty provides extended protection, assuring the optimum system performance is guaranteed.