Thank you to our sponsor inspectify.com for their continued support of the WSREIPodcast!

Summary

Kenmore Property Management, based in the Tri-Cities area, discusses current trends, industries, and growth in the region. They differentiate themselves through their team environment and specialized professionals. The company primarily manages third-party rental properties, but also has plans to expand their own portfolio. They utilize technology, such as AppFolio, to streamline the leasing process. Kenmore Team Property Management focuses on supporting homeowners and ensuring their properties are well taken care of. They provide insights into investment opportunities in the Tri-Cities and highlight the importance of updates like stainless steel appliances and hard surface flooring. The company has plans for future growth and aims to provide excellent service to their clients.

Takeaways

The Tri-Cities area is experiencing growth in industries such as agriculture, wine, medical, and technology.
Investors looking to expand their portfolio in the Tri-Cities should consider areas like West Pasco, South Richland, West Richland, and West Kennewick.
Upgrading appliances to stainless steel and installing hard surface flooring can attract tenants and increase rental value.
Kenmore Property Management differentiates itself through its team environment, specialized professionals, and use of technology.
The company aims to provide excellent service to homeowners and plans to expand its own rental property portfolio.

Chapters

00:00 Introduction to Kenmore Property Management
01:15 Current Trends in the Tri-Cities Area
03:15 Industries and Growth in the Tri-Cities
07:37 Differentiation of Kenmore Property Management
08:24 Ownership of Rental Properties
09:07 Role of Technology in Property Management
10:21 Supporting Homeowners and Property Care
11:14 Investment Opportunities in the Tri-Cities
16:27 Working with Out-of-State Investors
17:37 Tenant Trends and Property Updates
20:40 Future Growth of Kenmore Property Management
21:20 Contacting Kenmore Team Property Management