All Forum Posts by: Laura Marks

You'll have to check with the city that issued the voucher. The policy here in MO, is to get a letter with the tenants signature of approval (that they agree and want to stay with the proposed rent increase) that needs to be submitted to the housing authority, 60 days prior to the lease expiring. They approve or deny your request, if it's market rate, you should get approved. If the tenant doesn't agree, you can try and give a 60 day notice to vacate, but that also must be submitted to the housing authority. It's helpful if you know the tenants case worker.

0 Votes

Real Estate Agent

Post: Real estate broker license school recommendations??

Laura Marks

Posted March 06, 2022 14:24

Real Estate Broker
Independence, MO
Posts 127
Votes 111

Hi Jamaal,

I used Real Estate Express for my MO Broker's license. I think I got it at $150 deal of the day. However, I got through it and REALLY studied my state real estate commission rules, regs and laws. It's not much different than the Salesperson courses/exams, other than problem solving skills and nothing online teaches you that. You should definitely give it a try, good luck!

1 Vote

Charlotte, North Carolina

Multi-Family and Apartment Investing

Post: independence and highway 24

Laura Marks

Posted March 03, 2022 03:14

Real Estate Broker
Independence, MO
Posts 127
Votes 111

Quote from @Jason Malabute:

Is it true that if you are looking at the 64050 zip code in Independence you should avoid properties located above the 24 highway because it is all farmland there and not as desirable? Thanks.

There's tons of houses and a High School even "above" 24 highway. This information that you've been given isn't correct :)

1 Vote

Kansas City, Missouri

General Landlording & Rental Properties

Post: Should landlords require tenants to provide proof of vaccination?

Laura Marks

Posted March 02, 2022 03:55

Real Estate Broker
Independence, MO
Posts 127
Votes 111

Quote from @Russell Brazil:

Quote from @Curtis Mears:

@Rene G.

Why? If you are concerned about your health, get vaccinated. Your tenants are responsible for their health choices. Also, there are hipa laws regarding asking about individuals health records. You have no right to ask them about their personal choices.

HIPAA has absolutely zero to do with this lol. HIPAA prevents medical professionals from giving out your information to 3rd parties. It has nothing to do with a 3rd party requiring it from an individual.

Thank you, Russell! :)

1 Vote

General Landlording & Rental Properties

Post: Responsible for property managers action

Laura Marks

Posted March 02, 2022 03:48

Real Estate Broker
Independence, MO
Posts 127
Votes 111

The short answer is yes, landlords are responsible for their PM's actions.

0 Votes

Starting Out

Post: Real Estate Property Evaluation Spreadsheet

Laura Marks

Posted February 21, 2022 01:07

Real Estate Broker
Independence, MO
Posts 127
Votes 111

Dealcheck.io works well for me.

1 Vote

Philadelphia, Pennsylvania

Kansas City Real Estate Forum

Post: Kansas city RE meetup

Laura Marks

Posted February 19, 2022 03:10

Real Estate Broker
Independence, MO
Posts 127
Votes 111

Quote from @Garett Weber:

If you are staying near the KC metro there are several meetups! MAREI is a big one (second Tuesday of each month)-- and if you visit their website I believe most others are on the calendar. The other link below is for Investing In Your Wealth which is a meetup ran by 1st Class Real Estate-- I have gone to this in the past and plan to go regularly this year as well.

https://www.eventbrite.com/e/i...

https://www.mareimember.com/Ca...

Why haven't we met? :)

0 Votes

Kansas City, Missouri

Overland Park Real Estate Forum

Post: Rental investment opportunities in Overland Park

Laura Marks

Posted February 19, 2022 01:37

Real Estate Broker
Independence, MO
Posts 127
Votes 111

Quote from @Imtiaz Koujalgi:

Hi,

I am new to the Overland Park market, but it looked interesting since the price points looked competitive vs. other markets in the country. I am interested in buying properties and then renting them out, preferably 2 bed 2 bath condo type units, and wanted help from the community on a few questions I had:

1) Is there enough rental demand? I see that in Overland Park almost 70% of the houses are occupied by owners, so does that make renting a condo a bit hard?

2) What would the average rent for a 2 bed / 2 bath be? I am thinking of a unit like this below, so any data points on market rent would be helpful:

https://www.realtor.com/reales...

Thanks.

OP has great rental opportunities! The biggest thing you want to watch out for is HOA rules, as many condo's don't allow investors/rentals per the covenants.

0 Votes

Overland Park, Kansas

BRRRR - Buy, Rehab, Rent, Refinance, Repeat