Property Management 101
Make the most out of your property investment with Tara Property Management South
There are many reasons we love Washington State. From the snowcapped mountains, to the fresh ocean air, Washington is simply stunning. Whidbey Island is a hot spot for people seeking desirable PNW real estate, but also for renters longing for a vacation getaway.
Only a hop, skip, and a jump from Seattle, Whidbey offers the best of convenience, relaxation, and breathtakingly beautiful views. Here on Whidbey Island, property owners choosing to rent out their homes can expect quick occupancy. In fact, the rental vacancy rate in Washington State is 3.8%, one of the lowest in the entire country. This is down from 2019, when it was at 5.4%. While we love all things about the Pacific Northwest, in our opinion, Whidbey is the icing on the cake. Tucked into the Puget Sound and surrounded by mountainous views, seaside towns, tight-knit communities, and offering an abundance of adventure, Whidbey is the prime location for vacationers and long-term renters alike.
From weekend getaways to week-long vacations, vacation homes offer many opportunities to escape the day-to-day. With incredible opportunities for secondary incomes as property rentals, owners can enjoy both the luxuries of a second home and the benefits of a secondary income. By working with a property management agency such as ourselves, we can help you obtain the maximum benefits of renting your home, while taking great pride in treating your property as if it were our own. Our fee is 30% of all rents collected. We pay advertising costs and cover the credit card fees with our 30% cut and split all cancellation fees with you as owners. Click the link below to read more about our vacation management services.
Tara Property Management South can also help you with long-term rentals. Whether you are next door or across the country, we are available and equipped to manage both your tenants and property. Through open communication, accountability, and smart management, we work with you to meet your revenue goals while protecting your investment. Our leasing fee is currently 50% for the first month’s rent, followed by a management fee of 10% per month thereafter to manage the home throughout the duration of the lease. Explore our services for long-term management.
Owning a home is an investment to be proud of and one you want to protect. It’s also an investment that can provide you with an abundance of income opportunities and perks. As local islanders, we love being part of this thriving community and forming meaningful and lasting relationships with our partners and vendors. We offer management services for apartments, duplexes, single-family homes, and condos throughout the island, including Freeland, Langley, Clinton, Greenbank, Coupeville, and Oak Harbor. Contact us today to learn more!