What Capitol Hill Property Owners Should Know About Property Management
Dedicated Capitol Hill property management services help makes your property more profitable. Capitol Hill attracts a variety of savvy real estate investors and quality property management services can help you reduce the time spent managing and maintaining your property. A property manager becomes a key contact for tenants, creating a sense of security and community. Capitol Hill property management can be performed by a property management company or investors, based on your unique requirements. Plus, Capitol Hill offers an abundance of resources to put contractors within your reach including accountants, cleaning, interior decorating, general maintenance, and much more. Consider some of the highest rated resources for Capitol Hill property management.
FAQs about Property Management in Capitol Hill
What are the benefits of hiring a Capitol Hill property management company?
While it may seem tempting to want to manage your properties on your own in order to save money, often it involves more time and effort than you anticipated. A professional Capitol Hill property management company will handle the daily details on your behalf. Use the time and money that you save from using property manage services to allow you to make additional investments or simply enjoy some much-needed free time. A property management company knows how to deal with all types of tenants, including challenging situations. Property management companies have also connections with neighborhood vendors to help you get work done more efficiently. These services will boost the profitability of your Capitol Hill real estate investment.
Why do you need to screen prospective tenants?
All tenants are not created equal. A Capitol Hill property management company understands the importance of screening qualified prospective tenants, including their rental background and credit histories. Also, if you do not charge fees for screenings as part of the application process, you could be losing essential revenue.
Can you handle tenants’ maintenance requests on your own?
As a property owner renting to tenants, it is your responsibility to provide them with maintenance services. Requests for repairs and maintenance can become a 24-hour job. Instead of making yourself available all the time, hire an on-site manager who can reside on your property. Tenants appreciate having a property manager they can rely on when maintenance issues arise. Contact one of the reliable Capitol Hill companies listed below to get quotes for repairs.
Are Capitol Hill property management costs tax-deductible?
Capitol Hill property management costs might be tax-deductive. Consult with a professional CPA to answer your tax questions regarding rental properties. Work with a CPA who specializes in real estate to get the most accurate and up-to-date answers. A CPA can also give you recommendations on how to protect your valuable assets and reduce your tax bill.
Capitol Hill Property Management Resources
|ABC Appliance Service||2100 15th
Seattle, WA 98144
|Village Plumbing||1122 E Pike Street #1105
Seattle, WA 98122
|FastSigns||1515 9th Ave Suite 4
Seattle, WA 98101
|Barokas Martin & Tomlinson||1422 Bellevue Ave
Seattle, WA 98122
|Perkins Glass & Mirror||1420 Broadway
Seattle, WA 98122
|Rubric Landscape Architecture||320 Summit Ave E #18
Seattle, WA 98102
|Hero Ace Hardware||1915 4th Ave
Seattle, WA 98101
|Pest Fighter||3545 NE 95th Street
Seattle, WA 98115
|Seattle Tree Care||319 Nickerson Street
Seattle, WA 98109
Capitol Hill History
More than a century ago, Capitol Hill was referred to as Broadway Hill, after the main thoroughfare in the area. The origin of the neighborhood’s current name continues to be disputed. Some say it was named Capitol Hill by real estate developer James A. Moore to encourage the Washington government to relocate from Seattle from Olympia. Others say Moore named it after his wife’s hometown neighborhood in Denver, Colorado. The area was also referred to as “Catholic Hill” through the 1980s because of its large Roman Catholic population.
In 1891, the Woman’s Center Club was founded. The club constructed the Harvard Exit Theatre building in 1925 as its clubhouse. The club still meets at this building.
Distinguished apartment houses include a few Classical Revival complexes. After World War II, the architecture in Capitol Hill changed to contemporary architecture with large view windows. Today Capitol Hill is the center of some of the wealthiest neighborhoods in the city of Seattle, including the Harvard-Belmont Landmark District and “Millionaire’s Row.”
In the early 1960s, a large number of gay and lesbian couples moved into the Capitol Hill neighborhood. During the 1990s, the area became known as the center of the grunge scene in music. Since 1997, Capitol Hill has hosted the annual Capitol Hill Block party in July. Capitol Hill is also home to the most prominent locally owned coffeehouses in the city, including Seattle-based chains such as Starbucks, Tully’s Coffee, and Seattle’s Best Coffee.
City of Seattle Public Resources
- Seattle Department of Neighborhoods
- Department of Natural Resources and Parks
- Seattle Metropolitan Chamber of Commerce
- King County Department of Permitting and Environmental Review
- King County Code