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Property Management

Property Management is the means by which you turn investment real estate into money. Property management is not just leasing a property to a renter and walking away. It is not just collecting a rent check every month.

Management is the daily maintenance of the tenant-landlord relationship. This includes communication, property maintenance, periodic inspections, repairs and even improvements. Rental property requires diligent care.

What we do is time-consuming, exhausting and potentially litigious. We have developed management techniques and systems that help our clients and ourselves to avoid needless liabilities and hassles.

Our staff handles volleys of phone calls, leasing and sales appointments, and tenant requests for information, late night emergency calls, rent collection, evictions, work orders, maintenance, contractors, city, county and other government entities. licensing, inspections, fire marshals, advertising, trash collection, housing authority, lawyers, peddlers, agents, cable guys, phone companies, gas and other utilities, insurance claims, the EPA, storm damage, etc. etc. etc. So you don't have to.

All the while, so you can do what you do to make a living. Don't try this at home, we're professionals.

We penned that definition in 2001, since then is has been stolen and posted on dozens of other sites. They say imitation is the sincerest form of flattery, We call it plagiarism.. But I digress! We founded Turn-Key Properties LLC after many years of experience, training and education in the field of property management. Over the years we have managed apartment complexes, office buildings, rental homes, strip centers, industrial space, shopping malls and more. Combining the history and experience of our staff and founders into one well oiled machine; we are a team!

Tenant Screening: We’ve been at this a long time! We check and cross-check the tenants’ application with multiple sites and services. We have them obtain a “Closed record police report”, this will show, not only what they have been convicted of, but most everything they have been charged with or suspected of. We use a service called Case.Net, this will give us information about domestic or civil cases in which the applicant has been involved. From this we gain other information such as where any court documents were served. We then compare this to the residence history they supplied us with credit reports;  these will give us much more than a credit history, but also addresses where they lived when they applied for credit. Finally, we do an in-home inspection… We actually visit the home they are in now. We figure if they tore the hell out of it they will do the same to yours. Resident Selection Policy

Cost: Management of single family homes and small multifamily properties is typically 10% of gross receipts. Property management is more of a service than a source of income. We provide services to our real estate clients and investors. If we can help you contact us.
 
Tenant placement is usually 75% of the first months rent.

Maintenance is performed by preferred, insured contractors. We are very careful to select quality insured contractors to work on your investment. Because of the volume of business we provide them we often obtain favorable rates for services and products.

Reports: Monthly we will account to you all of our expenditures and income related to your property. Not just $400.00 for plumbing, but a detailed accounting of what was done and on what dates it was done.

Rent Account Statements: This really sets us apart from our competition!

We actually invoice each tenant for the rent and any past due amounts! This is a huge task, and it takes a lot of time and money. In all of my years in property management I have found this is the single most important thing you can do to decrease late payments. Our tenants receive a statement and a return envelope every month.

Memberships and Accreditation: you will find many other links on our web-site to some of the organizations we are affiliated with. I would also like to include a few more.

Institute of Real Estate Management, Accredited Residential Manager, Past Chairman - Kansas City Chapter of Accredited Residential Managers, President KC Chapter - National Association of Residential Property Managers, Landlords Inc. various Chambers of Commerce. Turn-Key Properties LLC is also involved in various philanthropic and fraternal organizations, we donate and volunteer regularly to several charitable organizations, a portion of our proceeds support River of Refuge, Kansas City Dream Center.

Many of our staff are certified in drug recognition through training with the Crime Free Multi-Housing Program in Kansas City. Others are also graduates of the Kansas City Citizens Police Academy. This allows us to obtain an eviction based on our testimony should we find evidence of narcotics use in your property.

Our organization is headed by licensed real estate brokers and bound by the Realtor® Code of ethics. Members of Kansas City Metro Board and NAR. We attend untold hours of continuing education as required by the states we are licensed in.

We pursue continuing education courses required for attorneys in the state regarding landlord-tenant laws and how they apply to our business. We have also completed courses to learn all the ins and outs of liens and lien waivers. So as not to have your property wind up with an encumbrance from some disgruntled contractor. Staff members have served as President of the Kansas City NARPM Chapter.

Members of our staff also hold a class A, EPA certification in refrigerant reclamation for HVAC; thereby certified to perform and oversee the work on your air conditioners. 

Members of our staff are also certified in lead based paint remediation. This allows us to perform most paint work where lead paint is present without hiring specialized contractors, saving you money!

We have taught classes and done many seminars on fair housing, landlord tenant law, real estate investment and liability.


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1a_-_overview_of_services.pdf
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1c_-_property_evaluation.pdf
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sample_invoice.pdf
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molandlordtenantlaw.pdf
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