50% off first month’s management fee for any rental property – Click Here
Bellevue Directory
There are numerous benefits that will greatly increase the profitability of your investment. Bellevue is a hotbed for real estate investment and proper management will lead to increased profitability, happier tenants, and a reduced time commitment. Management can be performed by the investors or a Bellevue Property Management company depending on your availability of time and personal and professional goals. The thriving local economy in Bellevue allows for a great number of resources for accounting, cleaning, maintenance, appliances, interior design, payroll, roofing, lighting, and much more. Listed below are just a few of the highest rated property management resources in Bellevue.
FAQs about Property Management in Bellevue
Why hire a property management company when you can manage yourself?
Not only does a property management company free up your time to pursue your passions or focus on creating more investments, but their connections to local vendors, experience managing both desirable and difficult tenants, and knowledge of market rents can lead to increased profitability.
How important is screening potential tenants?
Bellevue has a large pool of qualified renters but it is critical to the success of your investment that all applicants are screened for not only their credit score but also their rental history. Also, if you are not charging applicants for processing their applications and background reports, you could be missing on an additional source of revenue.
How should we handle maintenance requests?
The easiest way to handle maintenance requests is to either live on the property or hire an outside on-site manager. Tenants trust a manager they can see and they should be directed to tell all maintenance issues to the on-site manager immediately. See resources below for reliable Bellevue companies to call for estimates on repairs.
Are property management expenses tax-deductible in Bellevue?
We always suggest you hire a great CPA when tax planning for your rental property but in Bellevue, property management including visits to your property and other expenses related to working with a property management company may be deductible. Make sure to hire an accountant who specializes specifically in real estate and real estate taxes. They should be able to provide you with an accurate estimate for your needs as well as guide you to protecting your assets and saving money.
Bellevue Property Management Resources
| Name | Address | Phone |
|---|---|---|
| Puget Sound Energy | PO Box 91269 Bellevue, WA 98009 |
(425) 452-1234 |
| Westco Flooring | 13407 NE 20th Bellevue, WA 98005 |
(425) 747-2205 |
| Hardworking Handyman | 2620 Bellevue Way NE Bellevue, WA 98004 |
(425) 260-4087 |
| Bellevue Appliance Repair Service | 14881 Main St Bellevue, WA 98007 |
(425) 440-9120 |
| Estate Interiors | 200 108th Ave NE Bellevue, WA 98004 |
(425) 454-8686 |
| Lisa Lucas Design | 1404 173rd Ave NE Bellevue, WA 98008 |
(206) 371-7901 |
| Seattle Lighting – Bellevue | 14505 NE 20th St Bellevue, WA 98007 |
(425) 455-2110 |
| Blue Star Roofing | 12863 Northup Way Bellevue, WA 98005 |
(425) 455-5881 |
| Navi Pacific Construction Inc | 1335 120th Ave NE Bellevue, WA 98005 |
(206) 369-5233 |
| Sweeney Conrad, PS | 2606 116th Avenue NE, Suite 200 Bellevue, Washington 98004 |
(425) 629-1990 |
City of Bellevue History – From Marshland to Skyscrapers
Bellevue initially prospered as a small farming community. Immigrants made the most of small plots they leased growing fruits and vegetables including strawberries, blueberries, apples, blackberries, and carrots. In 1940, the first bridge crossing Lake Washington was completed and was a major event for the area and attracted an influx of residents and businesses. In 1953, the City of Bellevue was incorporated. Bellevue quickly grew from fewer than 5 square miles to more than 31 square miles. Since the 1990s, Bellevue has grown to rival neighboring Seattle in skyscraper heights, quadrupled in population, and become its own metropolis with a booming downtown and a high-tech hub. Several of the largest public companies are headquartered in Bellevue, including Microsoft, Expedia, Puget Sound Energy, and PACCAR. Newer companies in the city make up many of the top 50 fastest-growing public companies in Washington. Bellevue offers a thriving business climate, well-educated and technologically skilled workforce, high-quality of life, top-rated schools, and is located close to several bodies of water, universities, and the city of Seattle. Bellevue has become an ideal community to live, work, and invest. Right now, property values are increasing, the population is growing, and it is a great time to be a property owner in Bellevue. Bellevue continues to grow dramatically and provides office space for thousands of professionals as well as condominiums and apartments for people who want to live in an upscale urban setting.
City of Bellevue Public Resources
- Neighborhood Resource Center (link- http://www.bellevuewa.gov/neighborhood-resource-center.htm)
- Natural Resource Division (https://www.bellevuewa.gov/natural_resources.htm)
- Bellevue Chamber of Commerce (http://www.bellevuechamber.org)
- King County Department of Permitting and Environmental Review (http://www.kingcounty.gov/depts/permitting-environmental-review.aspx)
- King County Code (http://www.kingcounty.gov/council/legislation/kc_code.aspx)
50% off first month’s management fee for any rental property – Click Here