It’s always a good idea to get your rental property ready for new tenants. If you want your property to be vacant less often, you’ll need to make sure it is in its best condition before giving the keys over. This article provides seven tips Sound Point Property Management suggests to do just that. (And…

The Seattle PI recently reported that ApartmentList reported the first increase in Seattle rent prices since before the pandemic. Rents increased 2% over the previous month. This was the largest increase since 2019. Seattle had the third-largest drop in rent prices from February 2020 to 2021 at 20%. Any movement in the other direction is…

The city of Seattle has extended the eviction moratorium through June 30th. This means that property owners cannot start any eviction process unless there is an imminent threat to the community at large. Late fees and interest are also prohibited. Still, renters are legally obligated to pay any back rent, and landlords are advised to…

At Sound Point Property Management, we are always on the lookout for helpful resources for landlords and tenants regarding COVID-19. We wanted to make sure you are aware of the Eviction Resolution Pilot Program; ​Helping Tenants and Landlords avoid Eviction Proceedings during COVID-19 From their website: “The objective of the ERP is to: Bring all…

In mid-December, Seattle Mayor Jenny Durkan extended the moratorium on evictions for residents, small businesses, and nonprofits through March 31, 2021 (it was due to expire at the end of 2020). Landlords cannot evict any renter or small business if a lease is in progress unless there are immediate health and safety threats to the community…

As 2020 nears an end, we thought this would be a good time to focus on the things we are thankful for at Sound Point Property Management. News has been so unsettling lately, we just want to share some good Seattle news for a change. Even though we are still in the midst of a…

A recent study has found that Seattle is thriving even though the country is struggling through a global pandemic. With the increase in work-at-home employees, some expected an increase in families moving to the suburbs. This new study demonstrates that Seattle’s housing market is stronger than most expected. In the last week, the governor’s office…

According to local reporting, nearly 140k renters in Seattle are behind in rent. Mayor Jenny Durkan plans to provide 19 million dollars for low-income renters affected by the COVID-19 economic downturn.   The money will funnel through the United Way of King County’s Home Base Eviction Prevention and Rental Assistance Program, the Seattle Office of…

Last week, Mayor Durkan extended the city’s pandemic rent reprieve to residential and small business tenants through the end of 2020. Currently, there is a statewide eviction moratorium through October 15th. This bans late fees, rent and deposit increases throughout Washington. The additional extension is a result of the loss of $600 in extra weekly…

As we near the August 1st deadline for Governor Inslee’s eviction moratorium and the end of the $600 a week federal unemployment benefit, many rental property owners face an unknown fate. This is causing stress for the small “mom and pop” landlords throughout the area as well as the tenants that rent from them. At…