Palace Property ManagementLicensed in Washington

Serving all of Washington State

Flat fee property management for Washington landlords.$109 a unit. Never a percentage.

A licensed Washington broker runs your rental remotely — rent, maintenance, compliance and the paperwork behind it — for one flat monthly fee per unit instead of a slice of your rent. It does not go up when your rent does, and it is the same at one door or twenty.

You list it and open the door. We handle everything after that —here's exactly how that keeps the price down.

Own a duplex or a small building?See per-door pricing.

Get in Touch & Free Rent Analysis

Tell us about the property and we'll come back with what it costs to manage — and what you'd be paying a percentage-based manager instead.

No card, no obligation. We will get back to you shortly.

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100% Spam-Free Guarantee: We respect your privacy. No automated text blasts, no marketing robocalls, and no third-party data sharing—ever. Any communication is purely a direct, one-on-one response to your inquiry.

5.0 from 61 Google reviews

Licensed Washington brokerage · #23026838 · State Department of Licensing

From $109/month · Never a % of your rent

All of Washington State · Managed remotely

Four reasons this costs less without being worth less

01

A licensed broker, not a call center

Washington requires a real estate license to manage rentals for compensation. Your property is handled by a Designated Broker licensed by the state — not an offshore assistant reading from a script, and not software with a support inbox.

02

A flat fee, not a slice of your rent

$109 per unit, per month, and it does not rise when your rent rises. Tenant placement and lease renewals are flat figures too — $499 and $299, only when you need them, never a percentage. No markup on vendor invoices, and no charge for talking to us.

03

Your rent never touches our account

Your tenant pays you directly. We set up the channel and watch that it lands, but the money goes straight to your bank — never pooled with other owners, never delayed, never at risk. We bill our own fee separately by card.

04

Remote, because the overhead was the expensive part

An office you never visit still costs money, and that money came out of your rent. Removing it is what makes $109 possible without cutting the part that matters.

What we actually do

Everything that keeps a tenanted property running, legally and quietly, without you having to think about it. Most of it is the monthly fee; the two that are priced separately say so.

See the full scope →
  • Rent collection, paid straight to you

    We set up online payment for your tenant and monitor that it arrives — but the money goes directly to your account, never through ours. Late payment gets followed up promptly, in writing, in the correct form.

  • Applications and screening

    You advertise the unit and open the door. From the application onward it is ours — background, credit and eviction history, pet and assistance animal screening, and a Washington lease drafted with the addendums that protect you. Priced separately at $499, and only when a unit turns over.

  • Maintenance coordination

    Tenants report issues day or night. We triage and dispatch a vetted local vendor — but nothing is spent without your approval first, at any amount, even fifty dollars. Vendor invoices are passed through at cost.

  • Renewals and rent increases

    We work out what you can raise the rent to, prepare the notice in the right form, and serve it with the right amount of warning for the city your property is in. Priced separately at $299, and only when a tenant actually renews.

  • Compliance and record-keeping

    Deadlines tracked, deposits handled correctly, required disclosures issued, and the paper trail you need if a tenancy ever turns into a dispute.

  • Accounting and year-end

    Itemized monthly statements and a clean annual summary — in a form your accountant will not send back with questions.

  • Being reachable

    A named person who knows your property, during business hours, on the phone. Not a ticket number.

“It has been such a great experience working with Hamid and the Palace Property Management! …

Munni M.Read in full on Google ↗

“We've been working with Palace Property Management for a few months now, and so far it's been a really smooth experience. Hamid, our property manager, has been great to work with—super prompt with replies and always follows up quickly on any questions or issues. What I appreciate most is his ethical and thorough approach to finding tenants—he doesn't cut corners and makes sure everything is done right.

He's also incredibly dedicated—available seven days a week, often responding late into the night if something comes up. It's clear he takes his job seriously but also makes it easy for us as a landlord. Managing a rental property can come with its fair share of headaches, but Hamid's professionalism and responsiveness have definitely made things less stressful. Would recommend if you're looking for someone reliable to manage your property.”

Sumedha K.Google ↗

“Hamid and team are great at what they do. I was looking for managers that would work towards common good for owners and tenants and I have found Palace property management be the one such company. I highly recommend this company.”

Sukhman S.Google ↗

“We had a fantastic experience working with Hamid as our property manager. From the very beginning, he was incredibly responsive, professional, and proactive. Thanks to his efficiency and deep understanding of the rental market, we were able …

Kshitiz A.Read in full on Google ↗

“Working with Hamid has been an absolute pleasure from day one. Professional, responsive, and incredibly knowledgeable, he consistently goes above and beyond to make the rental process an stress-free experience. …

Stace P.Read in full on Google ↗

“Hamid is a truly amazing realtor! Very understanding and was able to see customer obsession. Hard working individual!”

Jimin K.Google ↗
Hamid Bakhshi

Hamid Bakhshi

Designated Broker & Founder

A real estate attorney since 1997. He holds the license everything at Palace runs under, and every lease and notice we draft goes out under his standard.

  • Washington Designated Broker
  • Florida Real Estate Broker
  • Florida Community Association Manager (CAM)
  • Texas Real Estate Agent
Amir Bakhshi

Amir Bakhshi

Director of Sales, Marketing & IT

An MBA and app developer who built the platform your rent, maintenance and statements run on. Usually your first point of contact when you inquire.

  • MBA, University of Washington
  • App developer & technology strategist

Questions owners actually ask

What does "virtual" actually mean here?

It means the administration runs remotely — rent, communication, notices, accounting and coordination all happen digitally. It does not mean nobody shows up at your property. When physical work is needed, a vetted local vendor is dispatched and the work is documented. What is gone is the storefront and the overhead attached to it, not the accountability.

What does the $109 a month actually cover?

The whole running of the tenancy: rent collection, late-rent notices served correctly, 24/7 maintenance intake and vendor coordination, deposit accounting, statements, HOA and utility correspondence, and portal access for you and your tenant. Vendor invoices for actual repairs are passed to you at cost with no markup, and nothing is spent without your approval. Two things sit outside it and both are flat figures rather than percentages: tenant placement at $499 when a unit turns over, and lease renewal at $299 when a tenant renews. An owner with a settled long-term tenant pays neither.

Do you find tenants?

Partly, and the split is worth understanding. You advertise the unit and you or your representative runs the showing — that is the local, physical half of the job, and we do not pretend a remote company does it well. Everything else is ours: the online application, background, credit and eviction history screening, pet and assistance animal screening, the Washington lease with its addendums, and the tenancy from there. That is our tenant placement package, $499 flat — not a percentage of rent, and not a month's rent the way a leasing commission usually works.

What happens if a tenant stops paying?

We serve the correct notice, in the correct form, within the correct timeline — which is where most self-managing landlords lose their case before it starts. We coordinate with your attorney if it proceeds to filing. We are not a law firm and we do not file evictions for you, but the paperwork leading up to it will be right.

Do you hold my rent money?

No — and this is deliberate. Your tenant pays you directly. Rent never passes through our company account, so it is never pooled with anyone else's money, never delayed by our banking, and never at risk if something happened to us. We set up the payment channel, monitor that rent arrives, and chase it the moment it does not. You simply keep control of your own cash flow. Most managers hold your rent and pay it out weeks later; we think that step exists for their benefit, not yours.

Which parts of Washington do you cover?

All of it. Operating remotely is precisely what removes the drive-time limit — we manage in Seattle and the Eastside as we always have, and now equally in Tacoma, Spokane, Vancouver, Olympia and Bellingham.

Find out what your property costs to manage

Tell us the address and the current rent. We'll send back what Palace would charge, what a percentage-based manager would charge, and the difference over five years. No obligation, no sales call unless you ask for one.