ModernPM
Resources

For owners, whether you hire us or not.

Most of what makes a rental profitable is decided before a tenant moves in. Here's what we'd want you to know either way.

Start here

The useful ones.

Review

Second opinion on your current manager

Send your last few owner statements. We'll tell you what we'd have done differently — overpriced repairs, vacancy that ran long, things that got missed. If you should stay put, we'll say so.

Request a statement review
Know before you rent it out

Four things that cost owners the most money.

01

Pricing it on hope

An overpriced listing doesn't rent slowly — it rents at the original price two months later, after you've lost the difference twice over. Every week of vacancy is roughly 2% of the year's rent.

02

Screening inconsistently

Making an exception for a good story is how discrimination claims start, even when the intent was kindness. One written standard, applied to everyone, protects the owner more than the applicant.

03

Skipping the move-in report

Washington requires a written condition checklist at move-in. Without one, deposit deductions at move-out are extremely difficult to defend. Photograph everything.

04

Serving notices late or wrong

Notice requirements changed statewide in 2025 and several cities added their own. A defective notice can void a rent increase and can be raised as a defense against an eviction.

Official sources

Go to the source.

We'd rather you verify than take our word for it. These are the primary references for Washington and Tacoma rental rules.

TopicSource
Washington Residential Landlord-Tenant ActRCW 59.18 — app.leg.wa.gov
Tacoma rental rules and tenant resourcesCity of Tacoma, Renting in Tacoma — tacoma.gov
Tacoma Rental Housing CodeTMC 1.95
Tacoma Landlord Fairness CodeTMC 1.100
Real estate license lookupWashington Department of Licensing
Contractor license lookupWashington Department of Labor & Industries

Rather just hand it off?

That's the other option, and it's the one most owners land on eventually.

See how onboarding works

Information on this page is general guidance for property owners and is not legal advice. Rules change, and requirements vary by city and by property. Consult a Washington attorney about your specific situation.