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Property Management Blog

Blog Post 7 Rental Property Accounting Mistakes Landlords Should Avoid
By Crown Property Management - Tuesday, January 21, 2025

7 Rental Property Accounting Mistakes Landlords Should Avoid

Managing rental properties can be highly rewarding, but it also comes with financial responsibilities. One of the most important aspects of property ownership is rental property accounting. Proper financial management ensures profitability and compliance with tax regulations. Unf...
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Blog Post All You Need to Know about Commercial Lease Agreements
By Crown Property Management - Tuesday, January 7, 2025

All You Need to Know about Commercial Lease Agreements

Commercial lease agreements are important contracts for landlords and tenants operating in the commercial real estate market. These agreements establish the terms and conditions under which businesses occupy and use a leased property. Whether you are a property owner or a busines...
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Blog Post Rental Home Maintenance Checklist for Landlords in Richland, WA
By Crown Property Management - Saturday, December 28, 2024

Rental Home Maintenance Checklist for Landlords in Richland, WA

Owning a rental property in Richland, WA, offers excellent opportunities for generating rental property income and long-term investment. However, maintaining your property is important to preserving its property value and keeping tenants satisfied. Proactive rental property maint...
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Blog Post 2025 WA Eviction Laws That Landlords and Tenants Should Know
By Crown Property Management - Saturday, December 14, 2024

2025 WA Eviction Laws That Landlords and Tenants Should Know

Managing landlord-tenant relationships requires a clear understanding of current eviction laws, especially in Washington State. As the housing market and legislation change, staying informed about updates can save both landlords and tenants from costly mistakes. The eviction proc...
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Blog Post How Property Management Leads to Higher ROI for Your Rental Property
By Crown Property Management - Thursday, November 21, 2024

How Property Management Leads to Higher ROI for Your Rental Property

Real estate investment offers a path to financial growth for investors, especially in today’s market. However, the key to unlocking the full potential of your investment lies in property management. By mastering financial metrics and industry terminology, you can make ...
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Blog Post Should I Rent My House or Sell It? Advice for Owners in Richland, WA
By Crown Property Management - Thursday, November 7, 2024

Should I Rent My House or Sell It? Advice for Owners in Richland, WA

If you’re a homeowner in the city of Richland, WA, deciding to rent or sell your house can be challenging. Both options come with pros and cons, and the right choice depends on several factors, including the local housing market, your financial situation, and future plans. ...
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Blog Post Which Up-And-Coming Neighborhoods in Moses Lake, WA Should You Be Investing in Now?
By Crown Property Management - Monday, October 21, 2024

Which Up-And-Coming Neighborhoods in Moses Lake, WA Should You Be Investing in Now?

How would you like your next investment property to feature lakeside views, a revitalized downtown, excellent transport links, and a wealth of recreational amenities on your doorstep? If that sounds appealing, Moses Lakes could be perfect.Any effective real estate investing strat...
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Blog Post How to Keep Great Tenants in Your Investment Property
By Crown Property Management - Monday, October 7, 2024

How to Keep Great Tenants in Your Investment Property

Managing a rental comes with plenty of challenges. You'll have emergencies to address, the ups and downs of marketing your property, and sometimes complaints to handle. What can make all that easier, however, is if you have a great tenant already in that property.Here is how ...
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Blog Post A Richland Landlord's Guide to Efficient Rent Collection
By Crown Property Management - Saturday, September 21, 2024

A Richland Landlord's Guide to Efficient Rent Collection

Washington has the fifth highest rental costs when compared to wages in the nation, making timely rent collection more critical than ever for landlords. Effective rent collection is essential to maintaining your cash flow and avoiding common pitfalls that can lead to losses.Landl...
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Blog Post Common Mistakes in Rental Property Accounting and How to Avoid Them
By Crown Property Management - Saturday, September 7, 2024

Common Mistakes in Rental Property Accounting and How to Avoid Them

If the Washington State Legislature had passed HB 2114 in 2024, it would have changed how landlords raise rent for their existing tenants. Although the bill did not pass, it is a reminder of the financial challenges that landlords face. Mismanaging rental income or overlooking ex...
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