Landmark Real Estate Management
Free market analysis
For Whatcom and Skagit property owners

What could your property really be earning?

Landmark manages nearly 5,000 homes and spaces in Whatcom and Skagit counties. We’ll show you what yours should earn, for free, with no obligation.

Check your rent

Locally owned since 1993. Call the Bellingham office at (360) 738-1022.

Get your free market analysis

Step 1 of 2: the property.

Free, with no obligation. We never share your details.

homes and spaces managed in Whatcom and Skagit counties
Nearly 5,000
new leases signed in the last 12 months
1,389
locally owned and run from Bellingham
Since 1993
every call answered by Lily, our fair-housing-trained receptionist
24/7
11:52 PM
The part nobody mentions

Owning a rental shouldn’t mean answering the phone at midnight.

  • The late-night call

    A leak, a lockout, a heater out in January. It always comes after hours, and it always comes to you.

  • The empty month

    Every week between tenants is rent you don't get back. Showings, screening, cleaning and repairs all land at once.

  • Rules that keep changing

    Washington and Bellingham keep adding notice rules, rent-increase limits and registration requirements, and a mistake can be expensive.

Is it still worth it?

A craftsman rental home in morning fog among fir trees
One Bellingham owner

They were ready to sell. Then they asked one question first.

Before they listed, they asked us for a free market analysis. It showed their rents were about half of what the market would pay.

The value had been there all along. They didn’t need to sell. They needed their rents brought up to market, and someone to handle the rest.

That’s the question we’d like to answer for you.

Check your rent first
Rent check

Check your rent against 1,389 real leases.

Every new lease Landmark signed in the last 12 months, by size and ZIP code. No sign-up needed.

Home type
$
Example figure. Enter your own.

You may be about $375 a month below the median. That’s $4,500 a year per unit.

Middle half of Landmark leasesYour rent

Landmark signed 323 two-bedroom leases in 98225 in the last 12 months. The middle half rented for $1,700 to $1,925, with a median of $1,825.

First-month rent on new Landmark leases signed October 2025 to October 2026. Ranges show the middle 50%. Condition, features and exact location matter, and that’s what the free analysis covers.

What you get

A clear report, not a sales pitch.

Rent vs. market
Your rents against comparable Landmark leases near you, unit by unit.
Vacancy and turnover
How long your units sit empty between tenants, and what that costs you each year.
Expense review
Repairs, utilities, contracts and fees we'd question.
Compliance check
Notices, rent-increase rules and registration under current Washington and Bellingham law.
Your options
Keep managing it yourself, hire us, or sell. We'll show you the numbers for each.
Market AnalysisPrepared for
1234 Example St, Bellingham
Current rent, per unit
Market range, comparable leases
Average days vacant per turnover
Expenses to review
Compliance items
Projected change in yearly net
SAMPLE
A sample market analysis with its figures blurred.
How we manage

A proven process, from first look to growing your income.

  1. STEP 1

    Optimize

    We analyze the property, cut expenses and keep or grow rents at market.

  2. STEP 2

    Manage

    Seven steps, from marketing to move-out. Then the wheel turns again.

    MarketQualifyOnboardCollectMaintainCommunicateTransitionThe wheel
  3. STEP 3

    Deliver

    Results, solutions and clear communication, especially when the market shifts.

  4. STEP 4

    Grow

    We help you build wealth and grow your income over the long run.

What you get back

You get your time back.

  • LeasingHandled
  • MaintenanceHandled
  • ComplianceHandled
  • AccountingHandled
  • Late-night callsHandled
A reception desk with a phone, lit at night

Lily answers 24/7.

Our AI receptionist is fair-housing trained and answers every call, so tenants get help at 2 AM and you don’t get the call.

Every number in your owner portal.

Statements, payments and maintenance as they happen. Landmark owners are moving to LeaseWA, our new owner portal.

Trusted. Systematic. Growth.

Local people, with the credentials to back it up.

Trusted

Locally owned since 1993 and part of the Muljat Group. Owner funds are held in trust accounts overseen by our CFO, a licensed CPA.

Systematic

The same seven-step process on every property, from marketing to move-out, so nothing depends on memory or luck.

Growth

We look for the rent you're leaving on the table and the costs you don't need, then help you plan what's next.

  • Troy Muljat

    Troy Muljat

    Owner · CCIM

    More than 30 years in property management, with a background in commercial appraisal.

  • Kimberly Huizenga

    Kimberly Huizenga

    Chief Operating Officer · CPM

    Over 15 years of property management experience. She leads the team that runs your property day to day.

  • Mike Haveman

    Mike Haveman

    Chief Financial Officer · CPA

    Oversees the trust accounts and the owner statements, so the numbers you see are the numbers.

A note from the owner

Why we start with a free analysis.

Troy Muljat, owner of Landmark Real Estate Management

Troy Muljat

Owner, Landmark Real Estate Management · CCIM

Dear neighbor,

Most owners who call us aren’t in trouble. They’re tired. The calls come at night, a good tenant moves out, the rules change again, and one day a question shows up that wasn’t there before: is this still worth it?

I’ve spent more than 30 years in this business, and my background includes commercial appraisal, so I look at a building the way a buyer or a bank would: what it earns today, and what it could earn. Landmark has been locally owned since 1993, and when we look closely at a property we keep finding the same things. Rents that drifted below the market years ago. Costs nobody has questioned in a while. Rules that changed without anyone telling the owner.

That’s why we start with a free market analysis. We compare your rents with the leases we’ve signed near you, go through your expenses, and tell you plainly what we see. Sometimes the answer is that you’re doing fine. Sometimes it’s that the value was there all along.

Here’s my promise: we’ll tell you the truth about your property, even when the truth is that you don’t need us. No pressure, and no pitch you didn’t ask for.

If you decide to work with us, our team takes leasing, maintenance, compliance and accounting off your plate, and you see every number in your owner portal. If you don’t, the report is yours to keep.

Either way, you’ll know what your property could really be earning.

Troy Muljat

Owner, Landmark Real Estate Management

P.S. The analysis is free and there’s no obligation. Request yours below, or call our office at (360) 738-1022.

How the free analysis works

Three steps. No pressure.

  1. 1

    Tell us about your property

    The address and a few details. It takes about two minutes, and we'll reach out within one business day.

  2. 2

    We analyze rents and expenses

    Your rents against our nearby leases, your costs, and your compliance with current rules.

  3. 3

    You get a clear report

    Delivered within 3 business days, and we'll walk you through it. What you do next is up to you.

Questions owners ask

Before you ask for the analysis.

Is the analysis really free?
Yes. There's no cost and no obligation to hire us. If you never call us again, the report is still yours.
How long does it take?
We'll reach out within one business day of your request, and your analysis is delivered within 3 business days.
What does management cost?
Our management fees are on a sliding scale, based on your portfolio size, the mix of properties and how complex they are. You’ll get a specific quote with your proposal, and every other fee is listed in our owner FAQ.
My property already has a tenant. Can you take it over?
Yes. Many owners come to us with tenants already in place. We'll review the existing lease and deposit records with you and handle the handover, so your tenants know who to call from day one.
Am I locked into a long contract?
Your management agreement spells out the term and how either of us can end it, and we'll walk you through it before you sign. We'd rather keep you because the results are good than because a contract says so.
How do I see my money?
In your owner portal: statements, payments and maintenance as they happen. Landmark owners are moving to LeaseWA, our new owner portal.
How do you handle Washington and Bellingham rules?
Compliance is built into how we manage: required notices, rent-increase limits, fair housing and Bellingham's local requirements. We track the changes so you don't have to, and Lily, our receptionist, is fair-housing trained.

We open doors and build wealth.

Start with one question: what could your property really be earning? We’ll answer it for free.

Prefer to talk? Call the Bellingham office
(360) 738-1022

Get your free market analysis

Step 1 of 2: the property.

Free, with no obligation. We never share your details.