by M. Ian Colville Buying in an undesirable neighborhood can make financial sense, but is it worth it? The short answer is, it depends. Of course, it depends on the property and the neighborhood, but it also depends on the investor. Buying in a challenging neighborhood can end up being a disaster, but it can also produce good returns and involve minimal... Continue Reading →
Everything You Need to Know About Subdividing Your Land
by Kevin Perk When you say the word subdivision to most people, it will most-likely conjure up images of large tracts of suburban style housing. And while huge housing developments are one type of subdivision, there are also much simpler forms that even the novice real estate investor could contemplate doing. Knowing what a subdivision is... Continue Reading →
Should You Hire a Property Manager? Here’s What to Consider
When you purchase an investment property, you have two management options: property management or self-management. Regardless of what you decide to go with, rental management includes all tasks related to rent, tenants, property maintenance and repairs, business operations, and more. Hiring a property management company means you will pay a percentage of your monthly rental... Continue Reading →
What I’ve Learned About Landlord Anonymity
Can landlords be truly anonymous in the 21st Century? Of course not. But that doesn’t mean it has to be easy to figure out who a property’s owner is or where to find them. “Why do landlords need privacy? Why does anyone need privacy if they have nothing to hide?” There’s always a goodie-two-shoes who thinks... Continue Reading →
Should it Be Legal for Landlords to “Use Their Gut” When Screening Tenants?
Must Landlords Select Based on “First Come, First Serve”? I suspect some of this fuss stems from the fact that Kansas City is a hot real estate market. According to Trulia.com, rents in the area have increased significantly, up about $300 over the past year or so. These numbers lead me to believe that the demand... Continue Reading →