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Owner FAQs

Answers To Your Frequently Asked Questions

  • Can I opt out of this Resident Benefits Package?
    If a resident chooses to Opt-Out of any of Next Brick benefits listed above, the resident shall still be responsible for paying the monthly cost for the Resident Benefits Package as provided on the Residential Lease Agreement.
  • How many air filters will I receive?
    At Move-in Next Brick will provide 4 Air Filters, Next Brick will install the first filter and residents are responsible to replace the future filters. It is expected to replace the filter at least every three months.
  • Does Next Brick Report credit to all three credit bureaus?
    Yes, Next Brick will report credit to all three credit bureaus. The opt-out option of credit reporting is not available.
  • What kind of Insurance does Next Brick and Next Brick Brokerage, Inc have?
    Next Brick along with Next Brick Brokerage, Inc, we carry liability and Error and Omission insurance.
  • Is Next Brick a Washington Local Company?
    Yes, Our head office is based in Bellevue, WA, with our other office in Mountlake Terrace, WA.
  • What are your fees?
    We pride ourselves on offering a Full-Service Property Management service for 6% of the month's rent. Full pricing is available on our pricing page.
  • What services does Next Brick offer?
    We offer full-service property management for rental properties. We are a team of experienced real estate brokers and property managers. Property management is what we do, Not something we do.
  • Does your team know the local area?
    Yes, our local team themselves are rental property investors and well-versed in the market.
  • How can I contact Next Brick?
    We are here to assist in any way possible. With us, you don't have to chase your manager. You can reach the team via email or phone or by scheduling a call.
  • What are the benefits of using a property management company instead of self-managing as a property owner?
    There are several compelling reasons why property owners should consider using a reputable property management company like Next Brick Property Management instead of managing their properties themselves. Here are some of the key advantages: Efficient Handling of Repair Issues: Our property management company takes care of all repair issues promptly, 24/7. This saves you valuable time, money, and the stress of dealing with maintenance problems on your own. We have a network of trusted contractors and vendors who can address repairs efficiently and cost-effectively. Market Expertise and Faster Rental Placement: With our extensive local market knowledge, we can rent out your properties quickly, often within three weeks on average. By strategically pricing your rentals and utilizing effective marketing techniques, we attract qualified tenants and maximize rental income. This helps you avoid lengthy vacancies and potential income loss. Compliance with Landlord-Tenant Laws: We stay up-to-date on all relevant and ever-changing Federal, State, and City landlord-tenant laws and regulations. Our expertise ensures that we correctly apply these laws, reducing your liabilities and minimizing the risk of legal issues or disputes with tenants. Simplified Tax Preparation: We provide you with detailed monthly and yearly statements that track all your property-related expenses and deductions. This makes tax time easier for you or your accountant, as you have organized and comprehensive financial records readily available. Professional Approach to Property Management: We treat your property as a business, enforcing rent collection policies, serving notices in accordance with legal requirements, and taking prompt action on lease violations. Our systematic approach and experience in dealing with tenant-related matters help maintain a professional and harmonious landlord-tenant relationship. Peace of Mind and Convenience: Many property owners who have attempted self-management realize that it can be a time-consuming and demanding task. Considering the effort, increased liability, and inconvenience factor, they appreciate the convenience and peace of mind that comes with entrusting their property to a reputable property management company like ours. By leveraging the services of a quality property management company, you can offload the responsibilities associated with property management while enjoying the benefits of professional expertise, reduced stress, and optimized rental returns. Email: hello@nextbrick.co Office: 206.395.6799 Call for Emergency: Schedule a call: https://calendly.com/nextbrick/call
  • Is it mandatory for me to make my property available to Section 8 tenants?
    Yes, we welcome Section 8 tenants for all our properties. However, Section 8 tenants must also meet our additional screening criteria.
  • Are you licensed?
    Yes, we are a licensed agent and registered brokerage with the state of Washington.
  • Can I reach you after hours?
    Yes, for maintenance emergencies, please contact us at (425) 448-6388.
  • Can you deposit money directly into my account?
    Yes, we initiate transfers to the owner's account by the 10th of the month and typically complete deposits within 2 to 3 business days.
  • Do I get to see the lease or sign it?
    No, we handle the review and signing of the lease on your behalf.
  • Do you sell real estate as well?
    No, our focus is solely on property management. "Property management is what we do, not something we do."
  • What is the typical lease duration you sign?
    Generally, we sign leases for 12 months, but if you have specific requirements, please inform us.
  • How much is the security deposit charged to the tenant?
    Typically, the security deposit is one month's rent. However, in certain cities, local laws may dictate a different security deposit amount.
  • How soon can you start managing my property?
    Please let us know your timeline, and we'll work to accommodate your needs.
  • What type of properties do you manage?
    We manage various types of properties, but please reach out to discuss your specific property type.
  • What type of reports will I receive and how frequently?
    We provide comprehensive reports and typically distribute them regularly; specifics can be discussed based on your preferences.
  • Who holds the tenant security deposit?
    The tenant's security deposit is held in accordance with applicable laws and regulations, usually by our management entity or as required by local statutes.
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