How Much Money Should I Allocate for Rental Property Maintenance? | Kansas City Property Management Advice

How Much Money Should I Allocate for Rental Property Maintenance? | Kansas City Property Management Advice

Owning rental property allows you to earn consistent rental income and build wealth for the future. However, it also comes with several routine and periodic expenses. You’ll need to make sure you have a competent property manager taking care of the leasing and management of your Kansas City rental property. You’ll also need to budget for vacancy periods, marketing, and high-quality tenant screening.

Should I Hire a Kansas City Property Manager or a Realtor to Rent Out My House?

Should I Hire a Kansas City Property Manager or a Realtor to Rent Out My House?

Many real estate agents have decided to do part time property management, especially as the sales market fluctuates, and more people choose to rent instead of buy. Realtors are great at helping people buy and sell homes. However, the property management industry is unique, and so is the rental market. Hiring an inexperienced realtor to manage your property could result in costly mistakes.

Kansas City Property Management Advice: What if My Tenant is Not Paying Rent?

Kansas City Property Management Advice: What if My Tenant is Not Paying Rent?

Tenants are less likely to pay rent late when they are accountable to a professional Kansas City property manager. Property management companies in Kansas City and the metro area have procedures in place, and they enforce the terms of the lease. If you have a tenant who is not paying rent, you need to follow a consistent and reliable process to either get that rent paid or remove the tenant from your property.