Periods of vacancy are likely to occur from time to time when running a rental property business. Market trends, poor advertising, high rent rates, and various other factors can all contribute to vacancies. An empty property not only reduces your rental income but can also become neglected, lowering the property’s value and lowering the value… Read more »
Managing a property can sometimes come with unforeseen circumstances that need to be handled with care, so as not to create some friction with your tenants. An example of such a situation is when tenants’ guests become tenants themselves. As a landlord, you may need to find a way to maintain a balance between allowing… Read more »
Running a successful rental property in Kanas City means keeping it filled. The best way any landlord can achieve this is through modern and effective marketing.
Picture this, the lease on your unit is almost coming to an end and your current tenant has chosen not to renew it for another term. Now it’s up to you to find a replacement tenant to fill the vacancy.
Property owners are always looking for new and creative ways to attract potential tenants to their rentals. One particular tool that landlords can use is virtual viewings or video tours.
This year Kansas City has earned a spot as one of the best places to live in the US. If you’re thinking of moving to this state and investing in property, it’s smart to weigh the pros and cons of relocating to Kansas City.
A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code. It allows an investor to sell their property or business and buy another one without incurring any capital gain.
Long-term tenants are on the wish list of every landlord. It means you have a reliable stream of income and less trouble. Knowing how to attract such tenants, however, tends to be an uphill task for many landlords especially if you are just starting. Luckily for you, that no longer needs to be the case!
Typically, squatters occupy vacant, abandoned, or foreclosed properties. Missouri gives squatters certain rights. If a squatter living in your property makes a successful adverse possession claim, they will gain legal ownership of the property. What’s more, they won’t need to pay you anything for it. You’ll simply lose your piece of real estate.
Looking to become a landlord in Kansas City, Missouri? Trends in the real estate market indicate that renting out your property is a promising investment move. Kansas City has been on the radar of many investors over the years. Recent statistics have revealed that active listings have almost been halved, indicating an increase in purchases…. Read more »