Many Lee’s Summit owners and investors are wondering whether or not they should buy a new investment property in the current market, with prices on the rise. You may be frustrated or scared about the recent market trends, but they can be managed. Maybe you’re still buying properties and maybe you’re not. If you aren’t, it could be due to the fact that home prices are going up. You may be wondering if it’s still possible to find a good deal. There are a lot of things to look at to make sure your portfolio is intact and on track to meet your goals. (more…)
Should you buy or rent?
That question comes up quite a bit for people, especially now, as prices for properties in the local market climb higher. However, rents are pushing up as well. So, there are a few fundamental issues to look at when you’re making this decision. Everyone has a different situation, so don’t compare yourself to someone else when you’re analyzing whether you should buy or rent. (more…)
Lee’s Summit owners will often ask about whether or not they should include pets in their rental portfolio. Some investors are worried about the damage that pets can cause to a rental property. You have the right to decide whether or not you’ll rent to tenants who have pets. However, you should consider a few things before you make that decision. (more…)
New owners who want us to manage their Lee’s Summit rental property often ask about home warranties and whether they should buy one. Today, we’re discussing some of the reasons that warranties might not be a good idea when you’re a landlord. (more…)
The costs associated with tenant turnover are often overlooked when you’re figuring out the profitability of a rental home. However, you never want to overlook these costs because they do add up. Today, we’re sharing three ways to keeping turnover costs down. (more…)
Using a professional property management company can make you more money on your investment than you would earn managing it yourself, and today we’re telling you why. (more…)