Rental Re-Design Tips!

Many Seattleites are choosing to rent out their home rather than selling. At times renovations and revamps can be too pricey for home owners when wanting to get the most out of selling their home. Many homeowners are looking to keep their home in their family for future generations. Whatever the case may be it can be difficult trying to make a home feel like yours. Some landlords wouldn’t mind you to do a little decorating, but some might.

With customization options at a minimum, apartments/houses often never quite feel like home for many renters. Living with your landlord’s choices for wall colors, flooring materials and finishes can leave renters feeling dissatisfied with their surroundings. But there are some things you can do to make one of the most important rooms in your rental – the bedroom – feel less like a hotel and more like your own restful and relaxing retreat. Using some inspiration from the designers at Zillow, here are some ideas:

To start with, overhead lighting in apartment buildings is usually not the most flattering, but since you most likely can’t change the main fixture in your rental, invest in table lamps or floor lamps to give your bedroom a nice glow.  Stylish lamps can often be found inexpensively at stores such as Target or TJ Maxx.

Giving walls a fresh coat of paint is one of the cheapest and simplest ways to personalize your bedroom, but many landlords are not ready to let you wield a paintbrush of your own. Check in with them first, and if you get the go-ahead, a soft grey or classic white will give you a serene space that is also a blank canvas for the rest of your personal touches.

Once you’ve painted, pick up some new bedding in your favorite color palette to add some interest to the room. Along with a nice set of sheets (Target also carries inexpensive sets that feel much more luxurious), you have an opportunity to make a statement with your duvet cover and unique throws and pillows.

Can’t paint your walls? Paint your furniture or add some adhesive wallpaper! Take an old, tired dresser, give it a good sanding and dress it up with whatever color paint you’d like. Paint the whole thing, just the legs, just the top, it’s up to you! Heavy, dark furniture tends to weigh a room down, especially if there is little natural light, so adding some color in the form of furniture can be a major upgrade and is budget friendly. Temporary wallpaper is all the rage for rentals. Do your research and find the best temporary wallpaper! Check out Pinterest for inspiration!

Now you’ve got some ideas, so get decorating!

If you are interested in renting in the Seattle area, contact your local real estate agent today!

August Update: Seattle Rentals

eastlakecc

The last month of summer saw a small drop in rentals in King County this year. According to data found on the Northwest Multiple Listing Service there were 287 leased properties in August of 2015 with the average rental price being just over $4,000/mo. Statistics for King County show a slight decrease in rentals; 334 in August of 2014 compared to this year’s 287. As the number of leased properties dropped, prices for these rentals have steadily increased. The highest rental of the month this year was leased at $9,500/mo for a 2 bedroom, 2 bathroom apartment in the heart of downtown Seattle. Last year, some comparable downtown apartments had been leased for closer to $8,000/mo. For those interested in investing in rental properties it’s a great time to profit on the demands of the increasing rents in the King County rental market. Get in touch with an agent today to find out how you can benefit!

Things You Can Do To Secure Your Rental Deposit Back

When tenants move out of their rentals, there are many things that landlords and tenants tend to disagree on in terms of acceptable  wear on the living space. Some landlords won’t charge tenants for minor scratches on the wall and floors, but if you want to receive most of your damage deposit back, here is a nice checklist of things you can do to ensure the deposit lands in your bank account. Be sure to do a walk through with your landlord upon moving in and out of your rental, and take photos of any damage to the walls, windows, appliances etc to make sure you are not held liable for those damages when you move out. windermere

If you live with a pet or have some noticeable stains to the carpets, be sure to give your carpets a good cleaning prior to the move out inspection, as this is something many tenants are charged for. You also want to make sure you have it in writing for who is responsible for cleaning the carpets when you move out. When you’re doing the move out walk through with your landlord, be sure to take note of any damages they intend to hold you accountable for, and review your move in notes and photos to be certain they weren’t there before you moved in. Any discrepancies should be brought to their attention prior to your move out. If you are interested in finding a new rental home, contact your local real estate agent today.

Creating a Budget For Your Rental Home

When embarking on the search for the perfect rental, it’s important to factor in your monthly budget, but yet challenging to predict the associated costs. You’d like to spend enough to live in a good location and enjoy the amenities, all the while trying to save to one day buy a home. Finding that balance between spending and saving can be tricky, so here are some tips to help you create a budget while you’re saving for the ultimate home purchase. If plausible, you should shoot for a rental home with a monthly lease that is less than 33% of your gross income. That rate generally does not include utility rates and you may want to budget for emergency costs as well. QA high

It is also important to weigh your wants vs your needs. Larger apartments are wonderful for entertaining, but smaller apartments are more cost-efficient and while you want want that extra half bath for your guests, it might knock off a nice price cut if you don’t make that a top priority when searching for your rental. Things that are worth considering are finding  rental with a reliable property management company in a safe neighborhood, within a reasonable distance to your workplace. These are necessities vs wants, and worth spending a little more on when considering your rental budget. If you’re interested in finding the right Seattle rental for your wants and needs, contact your local real estate agent today.

Washington Park Rental: $4,995

Wash Park Homed

This beautiful 4 bed 3 bath Washington Park home is now available for rent on the highly sought after McGilvra Blvd E. This home has glorious views of the Cascades and Lake Washington, sitting high above the street, with a panoramic view, with a great neighborhood presence. Features include traditional detailing finish work, high ceilings, large rooms and natural light. The dining room and kitchen open out to the private terrace level lawn area, and the master bedroom is located upstairs with a view balcony.  The home is conveniently located near the Lake, parks, restaurants, and shops. If your interested in this  or other Seattle rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 4//3
Price: $4,995

Washington Park Rental: $10,000

Wash Park rental home

This beautiful Washington Park Rental Home is now available for rent, featuring large rooms, kitchen, family room, and oak floors. This 4 bed 3 bath home has a large second master bedroom, and fabulous views of Mt Rainier, close to Madison Park shops and restaurants. The perfect dwelling to meet all of your needs. For more information on this listing, or other Seattle rentals, contact your local Real Estate agent today.

Status: For Rent
Bed/Bath: 4//3
Price: $10,000

Renter Competition is Stiff: Come Prepared With Renter Application Packet

These days Seattle rentals are few and far between, and in our competitive rental market bringing your checkbook ready to cash in the deposit no longer puts you on the top of the applicant stack. In other popular cities like San Francisco renters arriving at showings can expect a long line of other applicants already waiting at the door, so if you’re looking to be one step ahead of the game, putting together a renter application packet could be be your ticket to a new rental.

rental np

Downtown Seattle Rental: $4,500/Month

Get the following documents prepared before your rental showing:

A copy of your ID: either a driver’s license or passport

Proof of employment: A pay stub will suffice, but if you can get a letter from your employer confirming your employment that would be beneficial.

Pay stub: Several landlords have minimum salary requirements, so having at least 3 of your most recent pay stubs is important.

A bank statement: Having a bank statement available that indicates you are financially stable and capable of paying rent could be the difference between you and someone less prepared.

References: Have a list of references, past landlords, past neighbors and business partners is a great way to enphasize that you are a responsible tenant.

Rental Application, and fee: This is most important if you’re able to request the application prior to the showing. Some property management websites have these available for prospective tenants, and also having a check handy for the application fee will indicate your preparedness.

Make sure that you double check all of the application requirements prior to your showing if available, and don’t forget to bring your checkbook along with your completed renter application packet. Good luck on your rental hunt! If you’re interested in Seattle rentals, contact your local real estate agent today!

High Seattle Rent + High Competition = High Stakes for Renters

Have you been searching for a new Seattle rental and found that someone else is always one step ahead of you? You aren’t alone! Seattle renters in the throws of searching for a new place to call home have a lot of other renters competing for the same properties. Some renters have been attending open houses, even arriving early in hopes of getting to spe3ak with the landlord directly, only to find that there is a line of Seattleites ahead of them at the door, already discussing their game plan for landing that lease. What is a renter to do? One could spoke with Mynorthwest after a year long search for their rental home. “Oh, it’s awful. You’re like, I’m going to be smart and get to this house 20 minutes early and there’s already 20 people there and they’re all talking about their strategy,” said Ian Schuler. “Seattle is filled with beautiful Type-A personalities. Everybody knows what they want and they’re so competitive. And it takes, honestly, that that kind of personality, I think, to be on top of it.” rental

On average, a one bedroom in Seattle may have gone up 200-400 dollars this past year, and new construction apartments are coming on the market with a high price tag. To make themselves look desirable, many renters are putting together portfolios that include family resumes, pet resumes and neighbor recommendations, along with letters from previous landlords. Anything that might give them the edge needed to one up another prospective tenant. Stay on top of the rental search, and be prepared to have tough competition with the units you’d like to live in. If you’re looking for Seattle rentals, contact your local real estate agent today.

Tips to Move Safely Into Your Rental Home

Moving into a rental home can be stressful and taxing on the mind and body, so preparing to move safely and efficiently is essential to getting everything unpacked on the big moving day.  Packing each box lightly, or light enough to be carried is a smart idea if you’re not looking to experience any back pain at the end of the day. Many think that shoving as much as possible into each box will make things easier with fewer boxes, but in fact it will only slow down the process, and you might end up hurting yourself or others if the boxes are too heavy to hold.It may sound strange, but doing some basic stretches before you begin moving will loosen up your muscles, and may prevent and pulled injuries or soreness the next day. Property Management

Prepare for your move by bringing proper tools and equipment with you – if you do not have a big crew to help move your boxes, bringing a dolly can really help things run smoothly, and make the move go by much quicker. If you’re moving larger appliances, an appliance dolly would also be useful. Taking a walk around the property a day or two before moving day might help spot any tricky areas and solutions for the move, like how you’re going to fit the couch that is too wide through the front? Maybe there is a back entrance that will be easier to move larger pieces of furniture. Remember to dress comfortable for the big move, and wear comfortable protective tennis shoes. It’s also perfectly ok to move at your own pace – don’t rush yourself too much, a safe move is a happy one. For more information on Seattle rentals, contact your local real estate agent today.

Rising Seattle Rents Show No Sign of Slowing Down

Hundreds of newly built rental units opened up this past year in Seattle, but the demand for more inventory and rental prices have continued to rise, with little to no signs of slowing down. Many renters and homeowners are having to reevaluate their lifestyle changes to keep up with the market today. According to the Seattle Times, wealthy folks are helping to revitalize different neighborhood business districts, but many renters are tied down by mediocre wages, and are being forced to reevaluate their lifestyle, or move out of the city altogether to make ends meet. With low inventory and a growing young tech community of employees, the time to buy a home is altered, and has contributed to the increase in rent through Seattle and the surrounding areas.

Photo credit: www.third-estate.com

Photo credit: www.third-estate.com

According to the Times, the cost in renting a studio apartment over the last two years has risen $434 in Wallingford, $419 in Capitol Hill, and $306 in Ballard. The increase in rent is also being fueled by development. With a majority of new development geared for wealthy renters, the increase in inventory will not come to the aid of those just barely scraping by. Many Seattle renter are frustrated with the rise in costs, and are concerned they may not ever be able to save up enough money to buy a home. Many are worried that by the time prices calm down, the Seattle metro area will have a very different look and feel then when they moved to the city. For more information on Seattle Rentals, contact your local Real Estate agent today.