MISSION

 

Represent clients in a way that will give them the greatest return on their investment and protect them from financial harm.

TESTIMONIALS

Here is a link to see what clients think about RAB Property Management.

GOAL

At RAB Property Management, my goal is to maximize ownership benefits and add value to the properties I manage.  If you are looking for an individual that you can trust with your property—a person that is knowledgeable and will protect your investment—that is me.  I have extensive property management skills and expertise needed to serve my clients.

You should know all about your property manager.  As a real estate professional, I have

    *    Owned and operated a my own real estate company with 20 salespeople

    *    Managed a multitude of properties from single family to commercial

    *    Appeared as an expert witness in court real estate proceedings

    *    Appraised both residential and commercial properties

    *    Taught real estate classes at a community college

My background includes experience as a property and casualty insurance agent; representative for a land title company; and national sales manager for an aerospace company. In addition, I served three years as a plumber, so I know my way around pipes! I have also done electrical work. This mechanical ability spurred me on to obtain my Mechanical Engineering degree from the University of Washington, one of the top 25 schools in the nation. In addition to being an engineer, my talents extend to energy efficiency. As a Certified Energy Efficiency Manager, I can advise you on ways of making your property more cost effective. Reduce your utility consumption and expense. We can look at all the utility systems for potential savings.

Computers have always been my friends, and this website is one of my creations. I am constantly exploring electronic banking and new ways of doing things to increase the efficiency for my clients. Over the years, I have been involved with Jaycees, Boy Scouts, Toastmasters, and professional engineering and real estate organizations. I have taken an active role and served as an officer and committee member. This included a year as President of the University of Washington Engineering Alumni Association for its 33,000 members. In the community, I have run for public office, spearheaded community groups and was chairman for a county-wide eighth grade math competition.

I was born and raised in the Pacific Northwest, attended parochial school, and played some sports. I had been married for 32 years and all four of my children are grown and married now, as well. We have five grandchildren and a bun in the oven.

I hope you'll agree that my past demonstrates competency and responsibility. Let me apply the knowledge that I have acquired in ways that will benefit you. Now, it’s time for us to meet face-to-face.

REAL ESTATE BROKERS LICENSE

Property managers in the state of Washington are required by law to have a real estate license. The property management company must have a designated Broker with a Brokers real estate license. You may learn more by taking this link: Check with the State of Washington on licenses.
Search for Richard Bieker.

Before signing any management contract with a real estate broker you must be given the following disclosure. Agency Law Disclosure

CERTIFIED ENERGY MANAGER

Rich has a great deal of experience identifying areas that waste energy. Cutting utility bills plays an important roll in property management. Lighting, air conditioning and motors are three areas were you have a real choice in efficiencies. You may learn more by taking this link to CEM Designation.


GRADUATE REALTOR INSTITUTE

Rich earned his GRI designation in 1974. You may learn more by taking this link to Graduate Realtor Institute.

 

BACHELOR OF SCIENCE IN MECHANICAL ENGINEERING



Rich earned his bachelors degree after attending school for four years.  Rich was married with four children and worked part time. Making the Dean's list was another accomplishment during the four years.  Rich has continued his involvement with the UW by serving as president of the Engineering Alumni Association’s 33,000 members.  You may learn more by taking this link to University of Washington.

SERVICES


 

INCOME:

We collect all rents and other income derived by the property.

 Any excess funds are direct deposited into your bank account monthly.


EXPENSE:

The following items can be paid by us from your account:

Mortgages
Utilities
Insurance
Taxes
Advertising
Maintenance
Repairs
Contract help
Materials
Supplies
Services agreements
Consulting services
HOA or Condo Fees

REPORTS:

You will receive a monthly and annual report.  See your reports on the internet. Here is an example of what your internet report would look like and the method to access it. First you will need to enter a user ID and password to get into your private directory. The user ID for this example is "guest" and the password is "password" without the quotation marks. They are case sensitive and you will need to enter them twice.  Here is the link to the example.  After the year has ended you will also receive a 1099 for your income tax preparation. 

OWNERS:

Clients are shielded from tenants by hiring us to make management decisions.  All decisions about the property such as the amount of rent to be charged, which tenant to rent to and who to hire to do repairs with be ours.  From time to time we may consult with our clients as to financial decisions about the property.  These are usually major cost items that exceed the monthly income from the property.

TENANTS:

New tenants are screened for credit, criminal history, past evictions, employment and previous tenancies.

 Tenant issues are addressed promptly, rules are established where necessary.  Tenant rights are respected and protected.

If eviction is necessary of one of our approved renters, we will take care of the costs for eviction.

Security deposits are held in a special trust account designated by law.

PROPERTY:

We evaluate properties to generate the maximum amount of income and return on investment.  Maintenance and repair issues are addressed.  Compliance with laws and regulations are reviews periodically.

We will work with your agent to resolve any Insurance claims.


MEMBERSHIPS

NATIONAL ASSOCIATION

OF

REAL PROPERTY MANAGERS



RAB Property Management has joined with more than 3,500 residential property manages from throughout the United States.

Rich Bieker has served as President of the King County Chapter.
The Mission of NARPM is to support professional and ethical practices of rental home management through networking, education and certification. You may learn more by taking this link to NARPM.

 

 

RENTAL HOUSING ASSOCIATION



The Rental Housing Association of Puget Sound is the largest association of rental housing owners in the Pacific Northwest, representing more than 3,200 members – rental housing owners, operators and service providers. You may learn more by taking this link to Rental Housing Association.

 

 

NORTHWEST MULTIPLE LISTING SERVICE



Membership in the local Multiple Listing Service allows us to feature vacancies with the metropolitan real estate industry.  We also have access to research material about properties that help us keep a finger on the pulse of the real estate market.   

 

 

AMERICAN SOCIETY

OF

MECHANICAL ENGINEERS

 

Keeping up with technology and supporting technical developments in this country is important to you and us.  Membership supports the industry through legislation and education.  Check out the society by going to http://www.asme.org/

 

 

 

 

 

FEES

 

No fees are charged for the following:

 

Setting up your account

When your unit is vacant

Renewal of leases

 

Here is what I do charge:

 

For day-to-day management, 10% of any monies that are collected in a client’s behalf.

 

We charge a rental commission of 8% of the lease amount for agreements of one year or more.  Equals one month’s rent.

 

For projects beyond the normal scope of management, our fee 15% of the project cost.

 

Tenants can be charged for additional services, unlocking their door when they left the key inside etc.  We keep all bad check fees and late penalties.

 

PROPERTIES WE WILL MANAGE

 

SINGLE FAMILY HOME

Home owners that have decided to rent out their home could benefit from our professional services. Small investors also find investing in single family homes to be a good method of growing wealth. We are here to protect your investment and get you the greatest return.

SMALL APARTMENT COMPLEX

Investing in small complexes is a smart way to grow your wealth. Our responsibility to you to generate income and improve you overall property worth can have an immeasurable value. When the emergency decision needs to be made, we are here.  Small complexes have fewer than 20 units and do not have a resident manager.

SMALL COMMERCIAL COMPLEX

Our service is based on trust from our property investors to keep and enhance their returns. Evaluating energy saving measures, general improvements as well as the return on good maintenance are some of the ways we benefit our investors.  Small complexes usually have local tenants rather than national chains.

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Call to find out if your investment rental qualifies.  We do not manage condominium or home owner associations.  We can refer you to someone that can help you.

 
TERRITORY

 

We are located in the Seattle metropolitan area close to downtown. The communities that we cover are:

My new territory is any properties within 10 miles From Green Lake and the Woodland Park Zoo. If I do not cover your area, I may be able to recommend a good property manager.

Call to see if your property is within our service areas.

 

 

 

 

 

 


LINKS TO OTHER HELPFUL SITES

RAB DISCLOSURES AND FORMS