Part of what we like to do at Midwest Property Resources is to keep our clients and our local investors informed and educated. We spend a lot of time talking about how to have a good investment experience, what to look for in a tenant, and how to do a better job managing an investment property. We know the local market, and we understand the needs of both tenants and owners.
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Effectively renting a property means you have to get it ready for the rental market. Today, we’re discussing how to get your home ready to lease. You’ll want to evaluate the property for its condition and feature characteristics, and how they apply to market desirability and demand. You also need to take care of maintenance issues. (more…)
How much money can you make when you’re renting out a house? There are several things to consider if you are deciding whether to rent out your home. You need to look at the dollars and decide if it makes sense. (more…)
Your property management cost will vary from company to company, but it’s generally pretty consistent across the board. Today, we’re talking about how you can evaluate the value of a property management company. (more…)
When you’re deciding how much to charge for your property or how quickly you can get it rented, you’ll need a rental amenities checklist. Today, we’re discussing which amenities and finishes tenants look for in a rental property. (more…)
Today we’re talking about everyone’s favorite winter blues: frozen pipes. This year in the Kansas City area, we are seeing crazy temperature fluctuations. The dramatically rising and falling temperatures are causing a lot of frozen pipes, and quite a mess. (more…)
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…)
