Specializing in Purchasing, Rehabbing, and Managing Rental Properties in the Kansas city Metro and Surrounding Areas
There are always a million things you can look at when you buy a rental property: What is the rent? Is there any water damage? Is the house on a concrete slab? What kind of neighborhood is it in? Do the cabinets need replacing? How many more years does the roof have left? I could... Continue Reading →
Landlords’ returns are only as good as their property management. Unlike owning, say, shares in a mutual fund, bonds, or private notes, holding rental properties is not 100 percent passive. Rental income does require some work—and some skill, to boot. I see many mom-and-pop landlords make the same mistakes again and again and again. Here... Continue Reading →
It happens all the time. Your sweet 24 year-old renter (let’s call her Wanda) is the perfect tenant. She pays her rent on time, doesn’t treat the property badly, and she doesn’t even have any pets! Then Wanda meets Tony (cue the horror soundtrack). Tony’s a classic good-fer-nuthin’ bum—he never saw a bill he wanted... Continue Reading →
What’s a better investment, stocks or real estate? And, while we’re asking this grandiose question, what’s a safer investment? You probably have an opinion already as to the answer to both of these questions. It’s good to have opinions about important questions. And these certainly are important questions – they directly affect how you grow your wealth. But... Continue Reading →
If you have never owned a rental property before, the thought of doing so can be as tantalizing as this: Rental Income – (Mortgage + Expenses) = Profit What is not often factored into the equation is the actual management—or what you could call landlord duties. On the face of it, managing property may seem... Continue Reading →
Ireland Investments 