Spokane Property Management Blog

By Cobalt Property Management - Thursday, January 16, 2025

Key Rental Housing Sales Data for Spokane

Key Rental Housing Data for Spokane Key Takeaways: Month over MonthActive Listings Decline: Active listings dropped further, from 117 in December to 102 in January.Pending Activity Stabilized: Pending transactions remained stable, with a slight decrease from 40 in...

By Cobalt Property Management - Tuesday, January 14, 2025

Rental Owners Financial Health in Spokane

Is Your Rental Property Performing? Understanding Rental Owners' Financial Health in SpokaneAs a property manager in Spokane, WA, I often see a wide range of financial situations among rental property owners. Let's dive into some key trends in rental owners' financial...

By Cobalt Property Management - Thursday, January 9, 2025

2025 Annual Report - Why Owners Hire a Property Manager

Top Reasons Spokane Owners Hire Property Managers:Based on recent data in Buildium's annual report for 2025, here are the leading reasons why rental owners seek professional property management:Distance (54%): A majority of owners hire a property manager because they don'...

By Cobalt Property Management - Monday, January 6, 2025

Spokane Rental Owners Outlook for 2025

Spokane Rental Market: Key Trends in Owners' Investment OutlookRecent data from Buildium's 2025 Annual Report reveals significant shifts in rental owners’ investment strategies, impacting the Spokane market. Here’s a breakdown of key trends:Growth Expectations...

By Cobalt Property Management - Thursday, January 2, 2025

Who Owns Rental Property Today?

Are You an Intentional, Accidental, or Unintentional Landlord? Let's Find Out!If you’re involved in the world of rental properties, whether you're a seasoned pro or just starting out, you might be surprised to learn that there are actually three distinct types of re...

By Doc Nicolson - Wednesday, September 25, 2024

6 Essentail Property Upgrades to Maximize Rental Income

Creating a Fantastic First Impression: 6 Essential Property Upgrades to Maximize Rental Income As a landlord, making a great first impression is crucial for attracting quality tenants, increasing rental rates, and reducing vacancy times. A well-maintained exterior signals that t...

By Doc Nicolson - Tuesday, July 9, 2024

6 Tenant Screening Tips for Landlords

Tenant Screening TipsSelecting the right tenant is essential to avoid future problems. Here are some generic tips for effective tenant screening:Credit Checks - Always perform a credit check to assess the financial responsibility of potential tenants. Look for a good credit score...

By Cobalt Property Management - Tuesday, July 9, 2024

5 Maintenance Tips for Managing Your Property

5 Essential Maintenance TipsMaintaining your rental property is key to retaining tenants and avoiding costly repairs. Here are some essential maintenance tips for landlords:Regular Inspections - Schedule regular property inspections to identify and address maintenance issues befo...

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