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Updated about 4 years ago,

User Stats

6
Posts
3
Votes
Ryan Burton
  • Seattle, WA
3
Votes |
6
Posts

Seattle - renting downstairs unit

Ryan Burton
  • Seattle, WA
Posted

Hello,

My wife and I recently bought a house in Seattle. We are living in the top half, and are just finishing up some work on the basement unit so we can rent it out. I am hoping for some advice, or links I can go to to learn more about creating a solid lease, and legally screening applicants.

Here is the order in which I plan to get these tasks done. Please let me know what I'm missing, or if I should go in a different order!

1) Come up with the minimum screening criteria (suggestions? Income must be 3x rent, minimum credit score, what else?)

2) Prepare a lease (any good templates for Seattle? I have a sample from a friend but I'm not confident it's fully compliant with Seattle regulations)

3) Advertise the space

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