We believe working with a Kansas City property manager is always a good idea, but it takes on a new urgency when you’re an out-of-state investor. If you live elsewhere but you own rental property here in the Kansas City market or anywhere North of the River, you won’t be able to lease, manage, and maintain your home effectively on your own. Smart investors understand the importance of surrounding themselves with local experts.
Here are some of the benefits you can expect when you work with an experienced, local, and professional property management partner.
Choose a Local Kansas City Property Management Team
As soon as you realize you’ll be investing in Kansas City without actually living in Kansas City, you’ll want to make sure you choose the right management company. You need a local expert who understands the rental market in Kansas City, Liberty, Gladstone, or wherever your Northland investment homes happen to be. When you have an experienced and proactive management team, you won’t have to worry about:
- Long vacancy periods
- Emergency maintenance issues
- Overdue or unpaid rent
- Bad tenants leading to lease violations, criminal activity, or property damage
- Turnovers between tenants
Your property managers will be close by to help with everything from leasing to inspecting to maintaining your home.
Expertise with Local Property Management
Choose a local company with a good reputation. Expertise is the most important advantage.
Your property manager can lease out a vacant rental home, get it ready for the rental market, and manage applications and tenant screenings. When it’s time to price the property, you’ll want to rely on a property manager who knows the local market well and understands the demands of the tenant pool.
When it comes to conducting a move-in inspection or maintaining the property, a local management company is far more efficient than trying to do it yourself from another city, another state, or even another country. Your property manager can respond immediately to emergencies at the property. They’ll likely have great relationships in place with vendors, and they can be counted on to follow up with tenants to make sure the work was done correctly.
Local managers can also enforce the lease and collect your rent. You’ll be able to rely on the expertise that only comes with local knowledge. It’s invaluable to have someone who knows the local laws and requirements and has relationships throughout the community where your rental property is located.
Logistical Support with Local Property Management
Your local property manager can take care of anything that needs to be done in-person, saving you from having to show up for legal or financial obligations. If you need to file for eviction, for example, your property manager will understand the local courts and how to handle the process. You won’t have to worry about finding someone to let the vendors into the property when work needs to be done during turnovers, and you’ll save yourself a lot of time and money.
We know that deciding to hire a professional property management company requires you to think about your budget and the expectations and needs you have for your property or your portfolio. We believe that using a local company is always best, and we’d be happy to share more about our experience and our process. Contact us at Donley Carver Investment Properties. We lease, manage, and maintain investment properties in Kansas City as well as Liberty, Parkville, Gladstone, and communities North of the River.