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Tellus Realty

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PO Box 1113 Duvall, WA 98019

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Landlord Success class followup

We had another great class last week. But, boy was it cold outside!

For this class, there are a lot of materials that I did not print out for the class, that I still want you to have. I have them posted to OneDrive.

First, here are the slides from the class:

And here is a peak at the current foreclosures available in Snohomish County:

Next, here is a link to the folder containing all the handouts (and non-handouts):

Here is what you’ll find in that folder:

  • Landlord101.pptx – The slides from the class (same thing ones you see above) – You can probably guess that I sometimes call this class ‘Landlord 101’
  • Handouts.docx – This is a ‘soft copy’ of the printed document in the folder you received in class
  • LTServices.pdf – This is an explanation of the Eviction process from LT Services, the eviction service I mentioned in calss. Be sure to check their website for more good info on evictions.
  • FairHousingWordList.pdf – This is a list of possible ‘gotcha’ words to look for when advertising your property. Remember this simple rule, focus on ACTIONS (no smoking), not PEOPLE (no smokers).
  • Tenant Selection Criteria.docx – This is a soft copy of the tenant selection criteria document in your folder. This is a copy of what I use when I look for tenants. Keep in mind that I have not had to find a new tenant in a few years, so review and make sure it meets your current needs before YOU use it.
  • Sample lease documents – There are several PDFS that are samples of lease documents provided by the Rental Housing Association (RHA). If you own a rental or expect to do so soon, I recommend you join RHA. The can provide either printed versions of forms, or access to versions you can fill out online and print. Here is a quick list of the samples:
    • RHA_Sample_Lease.pdf – This is a sample of the main lease, filled in with example information
    • RHA_Sample_Smoking.pdf – Example Smoke Free Addendum (no smoking rule)
    • SAMPLE_crimefree_addendum.pdf – Example Crime Free Addendum (no breaking the law rule)
    • SAMPLE_military.pdf – Example addendum to use when you have military tenants. They can break the lease if they get redeployed.
    • SAMPLE_RHA_Mold.pdf – Example of the Mold Addendum that is required by state law – Has nothing to do with you actually having mold.
    • SAMPLE_RHA_petaddendum.pdf – Example of Pet Addendum to use if you accept pets.
    • SAMPLE_RHA_smokedetector.pdf – Example of a required addendum – Warns tenants not to disconnect smoke detectors.

Attorney info

I mentioned Chris Benis in class. I can’t say enough good things about him. He is great. Ok, he is also not cheap. But, don’t expect a really good attorney to be cheap. Here is a link to his web page.

Good luck with your future rentals and tenants!

Posted in: Residential real estate Tagged: classes, landlord 101, landlord success, Monroe

Landlord 101 class on Tuesday October 22 in Monroe

small for rent sign
Our Landlord 101 class is coming to Monroe on Tuesday 10/22/2013. You can find more information here: https://tellusre.com/ai1ec_event/class-landlord-101/

If you want to see what the class is like you can even check out our videos here: https://tellusre.com/investment/landlord-101-class-video-first-steps/

Posted in: Landlording, Real estate investing, Residential real estate Tagged: class, landlord 101, Monroe, tenants

The myth of the midnight clogged toilet

Its amazing how many times I’ve heard this from a potential landlord “I don’t want to unclog toilets at midnight!”   Its a common myth that landlords have to deal with emergencies such as these in the middle of the night.

It is true that you might have to deal with some emergency in the middle of the night. But, thankfully, unclogging toilets is not one of them.  Washington State has some pretty clear requirements for how long landlords have to respond to tenant’s when they have a problem. The minimum response time is 24 hours, and that is for emergencies such as loss of water or heat.  Clogged toilets don’t count as one of these emergencies.  In fact, clogged toilets may be just the kind of maintenance issue you tell tenants is their responsibility to take care of.

This is just one of the issues we cover in our Landlord 101 class.   Check out this video recorded in our last class.  We go over the subject of ongoing relationship with tenants, including the landlord’s responsibilities for dealing with clogged toilets and other maintenance issues.

Landlord 101 – Ongoing relationships with tenants

Posted in: Landlording, Real estate investing Tagged: classes, landlord 101, landlord responsibilities, real estate investing

Check out the videos from our Landlord 101 class

Landlord 101 slideSeveral times a year we teach a live Landlord 101 class. In the class, we introduce the students to basic concepts that will help them be successful landlords. We recorded the fall class and are posting it to our site as a series of short videos. The first five videos are now posted.  Each one ranges from 5 – 15 minutes long. Here is the list:

First steps – What to do immediately upon acquiring an a new rental property

Marketing your property – How to market your property to prospective tenants

Screening and choosing tenants – How to screen and choose tenants

Basic leases – Basic lease provisions

Deposits and Move-in – Handling deposits and the move-in process

 

Posted in: Landlording, Real estate investing Tagged: classes, landlord 101, videos

About Us

Welcome to Tellus Realty! We’re is committed to helping you make informed and rewarding decisions whether your or looking to buy and sell real estate, or in search of a new home for your license. Tellus Realty provided a more personal, one-on-one experience. We are not affiliated with a big-box or franchise where agents and clients are viewed as a statistic or number. Our team focuses on service and quality.

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  • Duvall, WA
  • Woodinville, WA
  • Monroe, WA
  • Carnation, WA

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PO Box 1113 Duvall, WA 98019

Office@TellusRE.com
877-413-7325
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