All Forum Posts by: Kale Wilsford

Amanda Janes,

Thank you for the idea and response. We may end up doing that as a "last-ditch" method. 

I like the idea of having someone greet them at the home to ensure they feel welcome, but we may not be able to do that.

Thank you for the thought! 

Hi,

BLUF: I am looking for a property manager to handle the move-in of a tenant; I plan on self-managing the property.

My wife and I are about to rent our first unit in Yelm, WA. We plan to self-manage the property to gain experience. Our tenants seem great; however, due to moving company issues, they requested an earlier move-in date. 

I want to accommodate but we will be on vacation.  Does anyone know a property manager or real estate agent that will conduct a walk-thru inspection with the tenant for us?

I would pay them for their time and consider them in the future if we decide to quit self managing.

Thank you for the help,

Daniel Wilsford

@Nathan Gesner thank you for the response and help! The whole “trust” language really caused some confusion. 

I appreciate it!

Hi everyone, 

My wife and I are preparing our first rental in Washington State. I know WA law mentions that the security deposit must be held "in trust."  My understanding is that the account must be an escrow type account. I spoke with the lawyer that reviewed my lease and he seemed to concur. 

The attorney stated that, "any bank should know what that is and be able to create one for you." However, I cannot find a bank that creates this account, I tried applying for an escrow express account with Capital One but they do not do open these accounts for businesses in WA. 

Am I mistaken on the type of account required? If not, can anyone recommend a financial institution?

Thank you for the help,

Kale