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All Forum Posts by: Gene Bor

Gene Bor has started 2 posts and replied 3 times.

The cleanup is going to be probably around $1K or so. The periodic property checks did not work in this case since the tenant decided to ignore the need to do the yard work.

Hi all, I have a SFH in King County, Washington not in Seattle. I am not renewing on the tenant who should move out soon. Among the other things the tenant did not do the yard work for at least six month to a year and the yard is looking pretty bad. I don't think that the tenant will do anything with the yard before vacating the property. Can I use the tenant's security deposit to clean up/restore the yard? Considering the local anti landlord laws what would be the best way to handle this to avoid any potential issues from the legal perspective? Thank you.

I have a townhouse in Seattle metro which I bought in 2006. Bought it with 20% downpayment for 250K. It was my primary residence and then a rental property since 2014.  Since that time it's tremendously appreciated in its value and now I am thinking if I should sell it or continue renting it out perhaps for another year or so. The mortgage including the property taxes and insurance is approximately $1250 now but it's 30/5ARM so the rate will change in six months.  The cash flow is about $500/month. 

Ideally I would like to invest for a good cash flow but I don't see any deals in Seattle market. Also, I can pull an equity and reinvest but not sure it will be the right move. Thank you for your input.