R Squared Properties

Property Management, Real Estate Agents

About us

R Squared Properties is a Bellevue, WA based full-service property management & leasing company servicing the Lake Washington region. We specialize in managing residential rental properties in the King and Snohomish Counties. By focusing on residential properties, our professional and caring staff possess the knowledge and expertise to ensure that you and your property are our first priority. We not only have 30+ years of real estate experience servicing this area, we also bring the unique advantage of having grown up, gone to school and developed our professional careers here in Washington State. We know this market and are here to provide you with the most complete guidance, whether you reside locally or out of the area. We offer a competitive advantage not only in service but also in our fee structure. We look forward to learning more about your goals. Contact us and let’s get started.

Business highlights

13 years of trusted experience
Emergency Services Offered

Services we offer

Managing Residential Rental Properties, Real Estate Brokerage Services

Amenities

Free Estimates
Yes
Emergency Services
Yes


Accepted payment methods

American Express
Check
Discover
MasterCard
Visa

Photos of past projects

Reviews

4.9106 Reviews
Number of StarsImage of DistributionNumber of Ratings
5
97%
4
1%
3
0%
2
1%
1
1%


Rating CategoryRating out of 5
quality
4.9
value
4.8
professionalism
4.9
responsiveness
4.9
punctuality
4.9
Showing 26-50 of 106 reviews

Geoffrey R.
10/2019
5.0
property management
  + -1 more
As property managers they have always been extremely fast and professional in addressing any issues I have had. They are also very friendly and make issues less stressful by their demeanor.
Description of Work: Sewer issues.

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Joan K.
10/2019
5.0
property management
  + -1 more
I have been delighted with Paul Romero and R-Squared Properties. When my house did not sell due to construction nearby, I reluctantly decided to rent. Paul found excellent tenants who take care of the house better than I could have imagined. They pay their rent on time and have happily renewed their lease. Paul handles any repairs quickly and professionally. I literally don't have to think about the lease. Plus, his rate, 8%, is lower than any of the other managers I contacted. I recommend him without reservation.
Description of Work: Managed a rental single family house in Wallingford

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Jennifer N.
09/2019
5.0
property management
  + -1 more
Excellent! Paul and Chris are friendly, prompt, kind and efficient. They're great to work with!
Description of Work: Property management

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

jeff H.
04/2019
5.0
property management
  + -1 more
Paul and R Squared Properties are very detail-oriented and professional. A pleasure to work with!
Description of Work: Property management and maintenance

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Response from R Squared Properties
Dear [Member Name Removed], Thank you for taking the time to provide us with such a nice review. We highly appreciate it! Sincerely, R Squared Properties

Jason Z.
03/2019
5.0
property management
  + -1 more
Paul, Chris, and the rest of the folks at R Squared are absolutely first rate! I have worked with property management companies from both side of the fence (Tenant and Owner) and I have come to recognize the key is good communication. R Squared has that down pat! I would absolutely recommend them to anyone I know that is looking for an excellent property manager.
Description of Work: Property Management (Tenant Side)

Rating CategoryRating out of 5
quality
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Response from R Squared Properties
Dear [Member Name Removed], Thank you for the kind words and thank you for being a great tenant. We greatly appreciate it! Sincerely, R Squared Properties

Mark D.
12/2018
2.0
property management
  + -1 more
We hired them to manage two properties for us, both with existing tenants. It started out ok as they were just collecting rents, but when they were required to get involved, they were very, very slow. One example was when we agreed to get new carpet for one of the properties and they agreed to take care of it. After 6 months of waiting and dozens of calls and emails, we finally went to Lowes and did it ourselves. We also had their painter make multiple appointments with our tenants to make repairs and not show or even call. This was typical. They were also very slow to get vacancies ready to show, (again vendor problems), claiming 6 to 8 weeks was the industry standard. Most landlords I asked about this issue tell me 7 to 10 days is the norm. They could also be very unprofessional at times. I heard this from two different tenants. They were also rude to me on multiple occasions. Once when I gave them push back on the time it took them to get a house ready to show, they snapped at me and told me I didn't know what I was talking about and that 8 weeks was normal. Another time, I had a question during tax season, and they criticized my "weird" (accrual) accounting method, which they clearly didn't understand. I think that they suffer from 'two guys in a garage' syndrome. I think started ok, because they only had a few customers at the time, but as they added a few customers and our need increased their weaknesses were exposed
Description of Work: Slow, slow, and more slow

Rating CategoryRating out of 5
quality
2.0
value
3.0
professionalism
2.0
responsiveness
2.0
punctuality
2.0


Response from R Squared Properties
Dear Mr. [Member Name Removed], We are sorry that you are disappointed with your experience. Our goal is to provide our clients with the best possible service. While we will learn and improve from your feedback, we must respond specifically to several of your claims that are factually inaccurate. We can't sit by and allow you to make false claims at the cost of our reputation. First: When you hired us, you had one property with an existing tenant and one property that had recently become vacant (contrary to your claim that both properties were occupied and we were not required to get involved). In reality, we were very involved from the beginning. On the vacant property, you hadn't performed the move out process correctly with your prior tenant and were just one day away from losing the ability to retain any of their security deposit that was due to you. We coached you through this process, allowing you to remain legally sound in your dealings with your prior tenant. Furthermore, we worked with you to make that vacant property ready to re-rent, getting it repainted at an excellent rate and in a timely manner. We handled the marketing and showing of the property and did, in fact, secure you a new tenant. You signed on with us on April 29th and we had a new tenant in that home by May 30th. Second: The time frame required to get the carpet replaced was due to multiple factors, mainly driven by your own lack of commitment and communication. You will recall that the replacement of the carpet was a request of the existing tenant and it took you quite a bit of time to commit to replacing it. It wasn't until the tenant expressed intention to move out that you became motivated to move forward on the carpet replacement. There was also a period of several weeks during which you failed to respond to our email communication on the topic. Following that delay, the vendor we had been working with became less responsive. We no longer work with that vendor as a result of responsiveness issues. Third: Your claim that we were slow to get vacancies ready to show is misrepresentative of what occurred. In reviewing your files with us, we have confirmed that over a 4 and a half year period, you had a total of only two vacancies, each for about 30 days, and the first of these was when we initially took on your vacant property, as mentioned earlier. In other words, you experienced only a total of 8 weeks of vacancy across two properties over 4 and a half years. Finally: In our business, we use the cash basis method of accounting. You routinely had questions about your account that were a result of you applying the accrual method on your end rather than using the statements that we provided to you each month. This is not because we don't understand the accrual method, nor did we call it weird. Ultimately, you are clearly dissatisfied and any facts we present to you aren't going to change that sentiment, but the reality is that we spent a large amount of time and effort mitigating issues created by your lack of attention to detail. As an example, after being with us for 3 years, you signed our updated management agreement without having read it and came back later very upset about some of the changes that were actually highlighted and communicated to you before we asked you to re-sign. Truly, we believe that was the onset of the breakdown in our relationship rather than a specific performance issue on our part. Sincerely, R Squared Properties

Allan P.
10/2018
5.0
real estate agents, property management
  + 0 more
I'm a local Real Estate Broker since 2001 and have a growing need for my investors to manage their rental properties. After working with several well known companies I was introduced to R Squared nearly 5 years ago and haven't looked back since. Their exceptional level of care, attentiveness to detail and seamless processes are an asset to my clients/owners. There's a lot more to managing a property, screening tenants and maintaining the future utility of the property that R Squared delivers. If you're interviewing for property managers - put Chris Roche and Paul Romero with R Squared on your list.
Description of Work: Property Management - owner services

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Response from R Squared Properties
Dear [Member Name Removed], Thank you for taking the time to review us and for being one of our fantastic partners! We look forward to continued success working with you and the Sotheby's team. Sincerely, R Squared Properties

Michael O.
10/2018
5.0
real estate agents, property management
  + 0 more
Amazing. The folks at R Squared were helpful from step 1 in getting us into a great home. They helped us feel valued and priced fairly. As we had issues, they were quick and eager to resolve them. When it came time to purchase a home, they set us us up with an amazing agent to facilitate a purchase and they truly knocked it out of the park. I highly recommend R squared to anyone looking to manage a rental, or buy a home. These guys know their stuff - and make you feel like a friend in the process.
Description of Work: Rental Propoerty

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Peter S.
08/2018
5.0
real estate agents, property management
  + 0 more
Paul and the R2prop team were awesome. We established a trusting relationship from the beginning as Paul helped me get my home renter ready. His recommendations were key to getting tenants into the property as fast as possible and once they started managing the property, it was seamless with no worries. The price point was also extremely reasonable; especially for the top quality service provided. What's great about R2Prop was our transition from renting to needing to sell the property. I am sure there were mounds of paperwork, coordination, and communication on the back end, but Paul and his team (Allan) were perfect in getting the property on the market, viewed (400 families in 2 hrs for open house) and then sold in no time! I wholeheartedly recommend R2Prop and they will be my first choice once I'm in the renters, sellers, or buyers market!
Description of Work: Property Management

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Geoff M.
07/2018
5.0
property management
  + -1 more
We enjoyed working with R2 Properties. They were quick to respond to requests, flexible in dealing with our many requests for paperwork while dealing with international taxes, and just generally pleasant to deal with. They're upfront with their pricing model and there were no hidden or surprise fees that popped up while working with them. The rate they charge is competitive and pretty much on par with what others offered in the area. They renters they found for our property were exceptional and left our house better than when they moved in. This was our biggest source of stress and it was a huge relief to hear that our house was taken care of while we were away. I wouldn't hesitate to work with R2 again and I'd gladly recommend them to anyone needing to rent out their property.
Description of Work: R Squared Properties managed the renting out of our house while we were temporarily out of town for two years.

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro
$7,000

margaret H.
06/2018
5.0
property management
  + -1 more
R2 Squared Property Management has been managing my rental property for about 7 months now. They have been exceptional. They have provided me with help in upgrading the property, finding reputable and excellent contractors, and in finding a great, well qualified tenant. They are extremely professional, with great customer service and responsiveness, and have been a pleasure to work with. I can unequivocally give them my highest recommendation.
Description of Work: Rental property management

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Stephanie S.
06/2018
5.0
property management
  + -1 more
I had interactions with Paul Romero at R Squared Properties for three years. Paul consistently provided exceptional service to me and my husband as tenants of the property he managed for the owner. Paul regularly demonstrated professionalism, courtesy, and was highly responsive when ever a matter needed to be addressed. Paul is a stellar representative of R Squared Properties and I would definitely recommend Paul and R Squared.
Description of Work: Property Management

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Green S.
06/2018
5.0
property management
  + -1 more
R² Properties is a fantastic company to work with. Everyone on the team is incredibly professional. Regarding the properties they manage - they will exceed your expectations! They will make sure your property is well maintained with quality tenants. R² is responsive, punctual and attentive to the properties they manage. Great Company To Work With!
Description of Work: Vendor Services

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Chris M.
05/2018
5.0
property management
  + -1 more
R Squared was a fantastic company to work with. My family and I were tenants in one of the properties that they manage. Chris and Paul were always very responsive to any of our questions. They chose quality vendors to do any needed maintenance work and they made the renting process hassle free. We highly recommend working with R Squared.
Description of Work: Property Management

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Stefan D.
05/2018
5.0
property management
  + -1 more
I would definitely recommend Paul and the group at R Squared Properties. With a growing family, I've had very little time to dedicate to managing our property. R Squared had relieved a ton of stress by finding exceptional tenants and handling any issues that have come up while we are renting our house. Monthly/Yearly statement are super nice and easy to read (they makes taxes super easy). Don’t hesitate if you’re considering these guys – you won’t regret it.
Description of Work: Property Management Services

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Voicu A.
03/2018
5.0
real estate agents, property management
  + 0 more
Paul and his team did a tremendous job at handling my rental property in Bellevue, WA. I cared a lot about my house, and he helped me choose a good tenant, did inspections on a custom schedule, professionally managed all repairs, and handled the tenant check-out. When I had to sell the home this year (2018), he recommended an exceptional real estate agent (one of their close partners I think) and worked closely together. They did a fantastic job at preparing the home for selling and closing the deal. I don't even want to think about how many problems I could have had, if I didn't have these competent people manage my house. I hope they will keep this level of quality even after they grow as a company.
Description of Work: Exceptionally managed my rental house for 5 years

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Keith S.
03/2018
5.0
property management
  + -1 more
We have worked with Paul Romero and R-Squared for many years now on over thirty properties. He is courteous, professional, communicates clearly, and delivers an overall level of consistency above our expectations. Highly recommended.
Description of Work: roof cleaning, pressure washing, window cleaning, gutter cleaning

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Jasen L.
03/2018
5.0
real estate agents, property management
  + 0 more
Needed to find a new place to live after our landlord decided to renovate the house we were currently staying in. Sent out probably 10-15 requests to tour some houses in the Bothell area. Some real estate companies/agents didn't even get back to me. Chris was immediately responsive to all emails/texts and was the only one that kept in full contact with me and was completely transparent with the rental process even after we moved in! The while process was quick and efficient which is what I was looking for as my move in date was coming up fast. As an RN/EMT, I feel like I'm a pretty good judge of character. I would highly recommend working with Chris.
Description of Work: House rental

Rating CategoryRating out of 5
quality
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Tyron S.
11/2017
5.0
real estate agents, property management
  + 0 more
Paul and Chris are excellent at what they do and work hard to ensure that everything is done correctly. They always answer emails in a timely manner and always do what's best for everyone, but keeping the owner as a priority. Paul always goes the extra mile to call and ensure that I have all my concerns addressed. Super personal service award! I highly recommend their services and hope to be working with them for some time to come.
Description of Work: R Squared Properties is my go to company for all things property management. I've been working with them for many years now, with my first condo that I rented out and then eventually sold, to my latest home which they are now helping me to rent. When I needed to move in a rush, they also helped me find a place to rent with nothing in return.

Rating CategoryRating out of 5
quality
5.0
value
4.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Scott M.
10/2017
5.0
real estate agents, property management
  + 0 more
They are the most amazing company, you won't regret going with them for either your rental property, home sale--or both! They handled our rental property for over 3 years and not only have the most reasonable pricing in the industry but their management and response systems are second to none! I always had access to my information through an online dashboard and they immediately contacted me for things which they thought should be brought to my attention. They handled everything else on their own and have stringent yearly checks and thorough walk throughs with the renters to insure a high quality long term tenant. As for the sale of our property, when it comes time, since they handled the rental, then knew everything about the property. The utilities, move out, and all the little things which can drive you mad are handled in house by the same company! Potential buyers are screened and R Squared uses the same stringent process to vet and get the top buyers. We sold our property in very short order for the top of the market range. We couldn't be happier with their service and I can without question recommend them to you.
Description of Work: R Squared Properties managed both our rental house and when it came time, the sale of our house as well.

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Qianyi Y.
10/2017
5.0
property management
  + -1 more
R square took care of my rental listing very well. They gave me advise on reasonable upgrade before rental. They had nice photography made. The best thing I appreciate the most is that they did due diligence in screening tenants with background check. My tenants turned out to very good. During the management, they always respondeded fast to maintainance items. They kept me well informed. Communication with them is always very good. They always response me within 24 hours. They also took care of the final inspection process really well when my tenants moved out. They were very thorough about fixing everything and cleaning really well before wrapping up with my rental. I will miss them because I am going to sale my property. If I have another property to rent in the future, I will definitely hire them again.
Description of Work: R square property managed my rental property for four years. I am super satisfied with their service from beginning to end.

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Response from R Squared Properties
Dear [Member Name Removed], It was a pleasure to work with you for so many years. We appreciate your business and the review! Sincerely, R Squared Properties

Terra Y.
09/2017
5.0
property management
  + -1 more
Chris and Paul did a great job taking care of my property and was very professional in all aspects of management. They were fair to everyone and followed the law when dealing with any issues so that I could rest assured that I wouldn't have to worry about any legal worries later on down the road. If you have a property that needs managing, you have to consider R Squared because they will treat your home as if it were theirs. Thanks guys! :)
Description of Work: I needed a property management company to manage my rental house in Seattle.

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Response from R Squared Properties
Dear [Member Name Removed], It was great to work with you. We appreciate the review! Sincerely, R Squared Properties

Annie S.
08/2017
5.0
property management
  + -1 more
R Squared is a very professional property management company and they go above and beyond for their clients. They have added the humanity aspect that is lacking from so many other similar companies in the industry. It is like renting from a private landlord when you rent from R Squared, as they will work with you when they can, and they have showed me that they really do care about their renters. They have a system for quickly having repairs made to their properties, which seems to work well as after notifying R Squared, we call the service ourselves rather than wait for them to call and set up repairs. They do periodic inspections of the property both inside and out to be sure everything is in working order and no safety issues are identified. They have been amazing landlords to me as a single mom wanting to keep my daughter in the same high school through graduation, living in an expensive area, and I am happy to be signing another 12 month lease after my first 2.5 years!
Description of Work: I have rented a condo from R Squared for 2.5 years and am renewing my lease for another 12 months.

Rating CategoryRating out of 5
quality
5.0
value
4.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro
$1,550

Response from R Squared Properties
Dear [Member Name Removed], Thank you for taking the time to provide a review. We are pleased to hear that you have had a positive rental experience with us. Sincerely, R Squared Properties

Annemarie R.
07/2017
5.0
real estate agents, property management
  + 0 more
All questions were answered thoroughly and in a timely fashion.
Description of Work: Had multiple questions about local real estate.

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Response from R Squared Properties
Dear [Member Name Removed], We are always happy to help! Sincerely, R Squared Properties

Marc B.
06/2017
5.0
property management
  + -1 more
We couldn't be more pleased, everything gets fixed often times things have been taken care of better than I would have done with my own home. We are a pretty relaxed and easy going family and have found they are very accommodating to us and I believe to our property owner as well. Communication is excellent and their vendors are all really great, no creepy people coming out to make repairs, I never worry about who they will send out. I will not rent another house without a property manager and hope that I never have to stop using R Squared. Even if I am able to buy a home in this crazy market, I will really miss all of the benefits they provide.
Description of Work: R Squared has been awesome, after owning our own homes in a different state, we had not rented a property since our college days. Moving into a volatile housing market like Seattle we were more than worried about renting. R Squared has helped us with picking a home, an initial lease and two lease extensions and all of the maintenance that goes into taking care of our "foster" home. They are proactive with checking the property multiple times through out the year and prompt when anything needs to be fixed or as a sounding wall for our questions. They have helped us with getting a few things up to code, a fence repair, a maniacal woodpecker attack and roof / gutter maintenance.

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

Response from R Squared Properties
Dear [Member Name Removed], We are happy to hear that we are meeting your needs. Thank you for the kind review! Sincerely, R Squared Properties

Contact information

11900 NE 1st Street, 300, Bellevue, WA 98005

https://www.r2properties.com

Service hours

Monday:
8:00 AM - 6:00 PM
Tuesday:
8:00 AM - 6:00 PM
Wednesday:
8:00 AM - 6:00 PM
Thursday:
8:00 AM - 6:00 PM
Friday:
8:00 AM - 6:00 PM

Licensing

Insured

Licensed*

Trade License Number
24659, 18790
Trade License Locale
WA
Trade License Authority
Washington State Department of Licensing
Trade License Expiration
08/13/2022

Eco-friendly Accreditations

LEED Accredited Professional
No
Energy Star Partner
No
EPA Lead-Safe Certified
No
Use Green Products or Work Practices
Yes
State Contractor License Requirements

All statements concerning insurance, licenses, and bonds are informational only, and are self-reported. Since insurance, licenses and bonds can expire and can be cancelled, homeowners should always check such information for themselves. To find more licensing information for your state, visit our State Contractor License Requirements page.

*Contact business to see additional licenses.


Service Categories

Property Management,
Real Estate Agents

FAQ

R Squared Properties is currently rated 4.9 overall out of 5.

Monday: 8:00 AM - 6:00 PM

Tuesday: 8:00 AM - 6:00 PM

Wednesday: 8:00 AM - 6:00 PM

Thursday: 8:00 AM - 6:00 PM

Friday: 8:00 AM - 6:00 PM

R Squared Properties accepts the following forms of payment: American Express,Check,Discover,MasterCard,Visa
Yes, R Squared Properties offers free project estimates.
Yes, R Squared Properties offers eco-friendly accreditations.
No, R Squared Properties does not offer a senior discount.
Yes, R Squared Properties offers emergency services.
No, R Squared Properties does not offer warranties.
R Squared Properties offers the following services: Managing Residential Rental Properties, Real Estate Brokerage Services

Contact information

11900 NE 1st Street, 300, Bellevue, WA 98005

https://www.r2properties.com

Service hours

Monday:
8:00 AM - 6:00 PM
Tuesday:
8:00 AM - 6:00 PM
Wednesday:
8:00 AM - 6:00 PM
Thursday:
8:00 AM - 6:00 PM
Friday:
8:00 AM - 6:00 PM