Hamid Bakhshi
Designated Broker & Founder
Hamid has worked in real estate law since 1997. He is a licensed broker in Washington and Florida and an agent in Texas. Every lease goes out under his license.
Flat-fee property management · Licensed Washington brokerage$119 a month to manage your rental.Not 10% of your rent.
Rent goes straight into your bank account. We handle the tenant calls, the repairs and Washington's rules. No fee while it's empty. Cancel any month.
Free · No card · A reply from Hamid or Amir within one business day
Your free rent and savings estimate
Prepared by a licensed broker, not an algorithm. Three quick questions.
Answered personally by Hamid & AmirLicensed WA brokerage #23026838Google reviews ↗
Two prices. Both on this page.
Management
$119/mo per unit
See what I'd saveEverything it takes to run your rental:
- Rent goes to you: Straight into your bank account, never through ours.
- $0 while it’s empty: The fee stops until a tenant moves in.
- You approve every repair: At any amount, at the vendor’s price. We add nothing.
- Cancel any month: One email. We hand over all your records, free.
- Tenants call us, not you: Calls, texts, HOA and utilities.
- Washington’s rules, on time: Notices, deadlines and city rules tracked for you.
- See everything online: Income, expenses and repairs, any time.
- Real people: Hamid or Amir. No call center.
New tenant
$599once
Only when a tenant moves out. Most managers charge a full month's rent.
- You show the home: On your schedule, or send someone you trust.
- Full screening: Credit, criminal, eviction, income and pets.
- A Washington lease: With every form your property needs.
- Fair-housing safe: From first application to signed lease.
- No extra fees: Not for you, not for the applicant.
On a $2,800 home
Compared with a manager who charges 10% of rent. Most charge 8–12%.
- Their fee vs. ours, each month
- $280 vs. $119
- You keep, every year
- $1,932
- You keep, on each new tenant
- $2,201
- $599 instead of a month's rent
The one job we leave to you, and why
You know your home best, and you decide who walks through it. That one job is what turns a month's rent into a flat $599. Everything after the showing, from screening to the signed lease, is handled by a licensed broker.
How it works
- 1
Send the address
Three quick questions. Hamid or Amir replies within one business day with your numbers.
- 2
We take over
From you, or from your old manager. Your tenant gets the portal; their routine stays the same.
- 3
Rent lands in your account
Every month, straight to your bank. You get a statement and approve every repair.
Already have a manager? You give notice; we request the records, the deposit ledger and the lease from them. See every step →
Palace is right for you if
- You own a house, condo or small building in Washington
- You can show the home when a tenant moves out, or send someone
- You want the rent in your own bank account
We're not the right fit if
- You want someone else to run the showings
- You want a manager to hold the rent for you
- Your building has more than about 20 units
If that's you, we'll say so before you sign, not after.
From owners who work with us
All reviews →“Overall, I highly recommend “Palace Property Management Company” for anyone looking to manage their properties effectively. Their expertise, commitment to tenant satisfaction, and strong communication skills have made my experience as a property owner much smoother. I look forward to continuing our partnership and …”
“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.”
A father and son, not a call center
Meet the team →
Amir Bakhshi
Director of Sales, Marketing & IT
Amir holds an MBA from the University of Washington. He runs Palace’s digital side: the website, the owner and tenant portals, and how we keep in touch with you by phone, text and email.
Questions owners actually ask
What does $119 a month cover?
Everything day to day. Collecting rent, late-rent notices, tenant calls, 24/7 repair requests, vendors, deposit accounting, statements, and HOA and utility mail. Repairs are billed at the vendor's price, and only after you approve them. Two flat extras: $599 when you need a new tenant, $299 when a tenant renews.
Do you find tenants?
Yes, except one thing. We do everything except the showing. You post the listing and show the home, and applicants scan your Palace QR code to apply. Then we screen them and write the lease. It costs $599 flat instead of the usual month's rent.
What if I can’t do the showings myself?
Send someone you trust. A friend, a neighbor or an agent you choose can open the door. If nobody can, tell us up front. We would rather say we are not the right fit now than after you sign.
What happens if a tenant stops paying?
We act right away. We prepare the notices Washington requires, in the right form, and arrange for them to be served on time. That is where most landlords go wrong. If it goes to court, your attorney gets a complete file from us. We do not go to court ourselves; that is the attorney’s job.
Do you hold my rent money?
No. Your tenant pays your bank account directly. It is never pooled, never delayed, and never at risk if something happened to us.
Which parts of Washington do you cover?
All of it. Most of our owners are in King, Snohomish and Pierce counties, where the rules change from city to city. Seattle and Tacoma, for example, have different rules. We track the rules for your city.
How much of your rent would you keep?
Send the address and current rent. We'll show you what we'd charge, what a percentage manager would charge, and the difference over five years.
Free · No card · No sales call unless you ask for one