How to make more money on your rental property.....
Tuesday, May 15
Investors have one goal in common… to make a decent return on investment with their rental properties. So one of the most common questions we hear as a professional property manager is “how?”How do I make more money on my investment property?One drastically overlooked area is renter retention. Su...
99 Problems, But Turnover Ain’t One...
Monday, May 14
What do you do when the same tenant stays in your property for nine years?First, you should CELEBRATE!!! You’ve successfully avoided a ton of vacancy and extra turnover costs. These are generally the two things that quickly eat away at the potential profits for rental investors.Second, you should...
Understanding the appropriate pricing for your rental property...
Tuesday, April 17
We recently had a client ask us if we were confident that we could place a new tenant at a rate that they had received three years ago. The amount they were asking for was 11% higher than what the current tenants were paying. To answer this question of pricing and confidence, we had to review the...
Top 5 reasons why it’s still smart to RENT in Kansas City
Wednesday, March 07
People buy or rent homes for lots of reasons. And I find myself being asked the question, “should I rent or own a home?” on a regular basis. Here are five reasons that it is still smart to rent instead of owning a home in Kansas City.1) Housing InventoryInventory is low and it’s a very expensive ...
Property Management Shoppers..... Stop comparing Apples to Oranges.
Wednesday, March 07
When you go to the grocery store and apples are on your list, do you also look at oranges? Of course not! If you want oranges, you look at the oranges. If you want apples, you look at the apples. Unfortunately, too often when talking to folks looking for a property manager, they don’t realize tha...