Do you own a rental property in Seattle? Read this!

Investment Property Mortgage GuideEditor’s note: This post has been updated with current RRIO fees, renewal cycle, and inspection requirements, as these have changed materially since 2015.

If you own rental property in Seattle, you’re required to register it with the City through the Rental Registration and Inspection Ordinance (RRIO) — and I still talk to landlords, including clients with just one rental home, who have no idea this applies to them. Here’s what the program actually requires today. [Read more…]