Can’t seem to keep your Kansas City tenants long-term?
Hight tenant turnover rates can cost a property owner a lot of time, effort, and money.
To be a successful and profitable landlord, you need to reduce or eliminate your turnover expenses. You can do so by keeping good tenants in your properties longer or incentivizing prospective tenants to choose your property quickly.
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A discount can help accelerate the tenant search and lessen the negative financial impact tenant turnover is costing you.
Considering its varying advantages, offering a short-term deal can prove to be beneficial in the long run. The incentives that you offer your tenant will cost significantly less than what it would to maintain an empty property.
To learn more, keep on reading for 6 tips that will help you keep your Kansas City tenants:
Being a landlord isn’t all about collecting rent at the end of the month. There are many important tasks that must be completed in order to own a successful rental property in Kansas.
An important chore among these tasks is property maintenance.
A well-maintained property is appealing to potential tenants, and attracts the right ones to your rental unit. It also improves their quality of living, making them less likely to leave, avoiding vacancies and high turnover rates.
Buying a home is more than just a transaction. It’s a major life event. Making that purchase is tied to people’s dreams, goals, and future plans.
That’s why there are laws put in place that safeguard people from discrimination in the housing market. Since buying or selling a home carries many implications for the people involved, only regulations can keep it fair.
When it comes to filling a rental vacancy
in Kansas City, MO, your success depends on how well your list your property.
Why? Well, it’s technically the first form of contact between you and your
Generally, it takes less than five
seconds for a tenant to decide whether to read more about your listing or to
move on to the next one. That means that you only five seconds to convince browsing
renters that your property is worth their consideration.
So, what can you do to catch their attention? This post offers you a few great tips on how to write a impressive rental listing for your property in Kansas, MO. Here’s what you need to do:
As you probably know, owning a rental property can be a great source of cash flow and future equity appreciation. But as with any other type of investment, it has its fair share of challenges. Most dreaded among these challenges is renting to the wrong type of tenant.