According to Time Magazine, Kansas City is one of the top 10 housing markets in the country for buyers to consider. And it’s easy to understand the reason why when looking at the recent performance statistics. Among other things, the population of Kansas City has grown by 0.73 percent year-over-year. The unemployment rate is down… Read more »
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Buying an investment property in Kansas can be lucrative. It can be a pathway to earning passive income for many years to come.
But as with any other investment, due diligence is key prior to signing on the dotted lines.
The following are some of the important things that you should consider before buying an investment property in Kansas City.
It might look straightforward when you first become part of the rental property business in Kansas City; Just collect the rent and that’s it. However, it’s not quite that simple.
As a landlord, there are both benefits and cons that come from a month-to-month lease. Read this article to find out if it’s right for your rental.
A tenant has moved in recently and complained that he’s not able to quietly enjoy his rental space. The tenant living adjacent to him has been holding a party every weekend till the early hours of the morning. The complaining tenant told you that if this doesn’t stop, he would move out and demand a… Read more »
Are you looking to make your rental property pet-friendly? Attracting long-term tenants is the goal of most rental property owners. One of the most efficient ways of cutting down vacancy rates is by allowing pets in your rental. Since many households in the U.S. have pets, you are bound to attract more renters.
It’s generally acceptable and fairly realistic that damages occur in a rental property. But can a landlord prevent them from frequently occurring? The answer is yes.
Have you come across the term “normal wear and tear” recently? If you’re a new landlord, you’ve probably heard it. Landlords are responsible for any normal wear and tear that happens in their property, and distinguish it from tenant damages.
Are you looking to buy your first investment property? Becoming a landlord can make a significant difference in terms of financial security and growing your wealth. Rental property ownership, however, does come with its distinct challenges.
The longer a tenant stays in your property, the more autonomy they wish to have. This can reflect on their need to decide the color of the rental unit. Most landlords prefer to use neutral paint colors such as cream and beige for easy maintenance, while some tenants prefer bold colors to express their personality.