Should You Rent Out Your Home or Sell? Pros & Cons Explained
Thinking about turning your home into a rental instead of selling? This article breaks down the pros and cons of each option, including a real-world financial example to help you run the numbers. Plus, we share tools to estimate your potential cash flow and important factors to consider—like whether you're up for the responsibilities of being a landlord.
How to Build an ADU or DADU in Seattle: New Laws, Big Benefits, and Smart Next Steps
Thinking about building an ADU or DADU on your Seattle property? Whether you're planning for multigenerational living, looking to earn rental income, or exploring future investment potential, now is a great time to take action. Thanks to recent changes in Seattle’s zoning laws and streamlined permitting processes, adding a backyard cottage or in-law unit is more accessible than ever. In this article, we’ll break down the benefits, key regulations, and expert resources like ADUniverse to help you get started.
Estate Planning for Homeowners & Real Estate Investors: Protecting Your Legacy
Estate planning is a crucial yet often overlooked step for homeowners and real estate investors looking to secure their assets and ensure a smooth transition for their heirs. Without a plan in place, families can face long probate processes, unnecessary tax burdens, and additional stress during an already emotional time. In a recent discussion with Chris Smalls, a Kirkland-based estate planning attorney, we explored key strategies for protecting your real estate investments after you pass. From wills and trusts to proactive legal structures, this blog breaks down essential insights to help homeowners safeguard their properties, minimize costs, and ensure their legacy is handled according to their wishes.