Being a landlord is stressful. If you’re trying to run a rental property alone, it’s far from the “passive” income it is labeled as. Keeping up with your tenants, if you’re able to find tenants in the first place, is a full-time job on its own. Then you add property upkeep and paperwork on top of that workload and it begins to feel impossible.
What if I told you that you didn’t have to face it alone? If you’re a landlord in our beautiful city, there is a way to make your investment truly passive and have an even better rental property. You can accomplish this by hiring a Kansas City, MO property management company.
In this guide from the experts, we’ll take you through what to expect from Kansas City property management, how it can make your investment better, and how to choose the right property management company for you.
Understanding Property Management in Kansas City, MO
You might be asking yourself, why do I need to hire Kansas City property management? Can’t I just use property management software and deal with all the other responsibilities myself? The answer is peace of mind and expertise. Managing a rental property is a job that takes time and knowledge that one person can’t bear alone.
With a property management team local to Kansas City, MO, you get a full team of professionals who can handle every aspect of your investment from maintenance to evictions. The difficult parts are no longer something you have to spend your valuable time on.
The cost-of-rent in Kansas City, MO is one of the fastest growing in the country. Missouri as a state has grown more in cost-of-rent than any other state in the past year. That makes it a great time for property investors in the city. But that also means you need someone on your side to keep up with the dynamic market.
Key Responsibilities of a Property Management Company
So what specifically can a property manager do for you with your rental property? Everything to keep your rental running smoothly, tenants happy, and your investment within legal boundaries. A few common responsibilities of Kansas City, MO property managers include:
- Marketing your property to attract new tenants
- Tenant screening to ensure the right tenants for your rental
- Rent collection, including offering multiple methods of payment.
- Property maintenance, inspections, and responding to emergencies
- Legal compliance for your lease agreements and accounting for rental income tax.
Qualities of a Top-Notch Property Manager
Not just any property management company will necessarily be right for your property, however. You want one that fits like a glove. Consider the unique needs of your rental that you’ll need to be addressed, like if you have multiple units or unique maintenance needs. The right property manager for you will offer comprehensive services that handle all of your property’s needs.
Every property investor wants to know their investment is in the right hands. That’s why when it comes to Kansas City property management, you’ll also want a property manager with the right reputation in the city. Consider how long they have been in the area and what their other client’s experiences have been.
Choosing the Right Property Management for You
When you’re deliberating on who to hire for your rental property, make sure you use every avenue available to you. Network with other property owners, read through online reviews, and schedule consultations with potential candidates before pulling the trigger. Thorough research on your part is important in finding a property management team with the right local knowledge.
You’ll have a few factors to consider when researching and consulting with property managers. For one, you’ll want to make sure that their fee structure and pricing are transparent and fair. As we mentioned, you’ll also need to look for the right suite of services. How the property manager integrates technology into their business and their responsiveness are also key to tenant satisfaction.
Benefits of Professional Kansas City, MO Property Management
When you have full-service property management on your side, everything becomes easier for you as an investor and owner. Suddenly, you’ll have much more time to focus on your other work or diversify your portfolio. The profits from your rental property will also soar. Professionally managed rentals are shown to have lower vacancy rates and higher-quality tenants.
This is also key to the long-term success of your rental. A Kansas City property manager chosen correctly will keep tenants in your rental who take care of the property and perform proactive maintenance that builds upon the value of your property. All of this leads to property appreciation, and a bigger win for you when you do decide to sell the property one day.
What We Can Offer Kansas City, MO in Property Management
If you’re looking for a property manager in Kansas City, MO to partner with who will aid you in the growth of your investment property, consider SCUDO. We’re a full-service property management team located right here in Johnson County. We have the expertise and the passion to help you not just in the realm of property management, but also in optimizing your real estate investing journey.
SCUDO is the Italian word for ‘shield’, and that’s exactly what our team stands for when it comes to the property owners and buyers that we work with every day. Our mission is to protect your property and your investment, whether you’re renting it out to tenants or just looking to grow your portfolio.
Just a few of the services we offer our clients include:
- Property marketing that includes regular market analysis and quarterly updates that keep you informed on your property’s performance.
- Thorough tenant screening with local and national background checks.
- Rent collection procedures that ensure you get paid on time, every time.
- Full-service property maintenance with inspections for every point of a lease and professionals available around the clock.
- Detailed financial reporting that comes with the tools you need to always be in touch with your investment.
Stop worrying about the success of your property investment, and let us be your shield in the real estate world. Choose SCUDO as your Kansas City, MO property management team. Contact us today for a free consultation.
