Turnkey properties in Kansas city, Provider or Agent

[Ron Quinn]

Just curious, Who has rental properties in kansas city and do you prefer using a turnkey provider or agent to purchase from and finding a property management company. Please share any provider you recommend, Whats the pros and cons from experienced landlords, Agents or Turnkey providers? and Why??

[Matt K.]

Time is money, if you don't have the time you go the TK route. They're generic deals that look best on paper and you're likely pay a premium for it, but it'll still cashflow. "Everything" is taken care of for you typically expect funding and in theory you'd have little upkeep on a fresh remodel.

Now, if you have the time you can learn the area.... and hunt the deals. If you get a good agent and have a decent understanding of an area you can fine tune your searches and really hone in on a "good" deal. This might mean better quality property, better tenants, better schools, or maybe just cheaper price. If you go agent route you're going to need a team in place or at least people you trust to get referrals. All this happens on the fly and houses that are good deals there's lot of competition so you have to be ready to execute. Ideally you'd have a PM already in place otherwise you need to find one once you get the house and they all have different requirements to manage your property.

If you do your due diligence you cut down the risk of getting a bad house and poor performing investment.... you shouldn't assume anyone but yourself is going to do it for you. Trust, but verify.