Turn-Key Properties LLC
Since 1993
  • Turn-Key Properties LLC
    • Testimonials
    • Real Estate Glossary
  • Property Management
    • FAQ's
    • Overview of Services
    • Why Pay for Property Management?
    • Rental Prices
  • Owner Resources & Articles
    • Emotional Support Animals - Laws for Landlords
    • Common Tax Deductions for Landlords
    • What Records Should I Keep for Tax Purposes?
    • 5 Questions Every First-time Rental Property Investor has
  • Homes for Rent & Tenant Resources
    • Do you want to live in that neighborhood?
    • Pet Policy
    • Putting your touch on your new home
  • Contact Us
    • Related Links
    • Communities >
      • Kansas City >
        • Plaza
        • Westport
        • Old Northeast
        • Downtown
        • River Market
      • Raytown, MO
      • Pleasant Hill, MO
      • Blue Springs, MO
      • Independence, MO
      • Belton, MO
      • Raymore, MO
      • Harrisonville, MO
      • Odessa, MO
      • Liberty, MO
      • Riverside, MO
      • Smithville, MO
      • Grandview, MO
      • Greenwood, MO
      • Lake Lotawana, MO
      • Gladstone, MO
      • Overland Park, KS
      • Olathe, KS
      • Mission, KS
      • Shawnee, KS
      • Kansas City, KS
      • Lenexa, KS
      • Prairie Village, KS
      • Mission Hills, KS
  • 5413 NE Rainbow Ct
  • 14913 Kelly Drive

Rental Rates in the Kansas City Area.

2/16/2012

0 Comments

 
Turn-Key Properties LLC manages hundreds of rental properties throughout the KC Metro Area. In order to stay on top of the market we must have our finger on the pulse of rental activity, demand and current rental rates for a given area.

Obviously the rates are determined by a number of factors;
  •  Location  (community, schools, shopping, crime, accessibility, etc.)
  • Condition  (clean, modern, fresh paint, newer carpet, recent remodel, etc.)
  • Property Type  (townhome, apartment, duplex, single family house, etc.)
  • Amenities  (pool, dishwasher, lawn care, garage, outbuildings, fences)
  • Property Size  (1, 2, 3, 4 bedrooms, 2 or more baths, square footage, etc)
It is no accident I placed Location in the number 1 position!
0 Comments

Government to turn forclosed homes into rentals!

2/14/2012

0 Comments

 
_NEW YORK (CNNMoney) -- Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties.The program, which was cited by Federal Reserve Chairman Ben Bernanke last week as one way to address the housing crisis, would sell foreclosed homes now owned by Fannie Mae  and Freddie Mac  to investors in bulk. The properties would then be converted into rentals.

The story reads on, but somewhere in this mix, there are yet a number of questions to be resolved.
  1. Who will establish the rental rates?
  2. Who will clean and prepare the properties for the rental market?
  3. Who will market the properties to prospective renters?
  4. Who will maintain the properties until they are sold?
  5. Who will screen the tenants, collect the rent and proceed with eviction if needed?
Property Managers!  Fannie, Freddie and the FHA, which hold about 250,000 properties, according to Bernanke. It looks like Ben Bernanke may be in the market to hire a few thousand experienced residential property managers to take care of the glut of homes. And with as many as Two Million more hanging in the lurch of the foreclosure process there is no end in site!

Read the rest of the story from (CNNMoney)

Read More
0 Comments

Kansas City, MO Rental Property Registration

2/14/2012

0 Comments

 
As I have pointed out before, Landlord Licensing is nothing more than a TAX!
Picture
Here Comes the Judge!
While we were able to keep it from becoming a tax in Kansas City, MO they still did enact a requirement to register your rental property.
Don't Forget -- Rental Registration is required for rental properties in
Kansas City, Missouri.

The City of Kansas City, Mo., is issuing a reminder to owners of rental dwellings
located in the City in an effort to let them know they must renew or establish registration of their rental properties with the City's Neighborhood and Community Services Department on an annual basis. Annual registration of rental properties is part of the Rental Registration and Inspection Program that was established by the City Council, with passage of ordinance No. 071046 in October 2007.

Registration may be submitted anytime during the month of January without incurring
a registration fee. All rental properties must be registered within 30 days of becoming
a rental property. Failure to register a rental dwelling within 30 days of the property
becoming a rental will result in the issuance of an administrative citation fine of $50.
For each month (or portion thereof) that a rental dwelling is not registered, an
additional $50 fee will be assessed. For example, a property that was a rental in
January, and not registered until August, will be assessed a fine of $350.

Registration is required on a calendar-year basis and expires each Dec. 31.
Online registration is available at http://www.kcmo.org/neigh. Registration forms can
be downloaded and submitted by mail or in person. For more information about the
Rental Registration and Inspection Program, visit http://www.kcmo.org/neigh or
contact Shalisha Boles, Neighborhood and Community Services Department, 816-
513-3200.

 In October 2007, ordinance No. 071046 was passed requiring that all occupied rental housing units within the City limits of Kansas City, Mo., be registered with the City starting Jan. 1, 2008, and renewed each year.  A $50 per month fine for failure to register began Feb. 1, 2008. The current ordinance is online at municode.com.

Registration renewalRegistration renewal may be done anytime during December or January and there is no registration fee. Failure to renew registration of an occupied rental dwelling before February 1 of each year will result in a fine. For each month (or portion thereof) that a registration is not renewed, a $50 fine will be assessed.




0 Comments

    Turn-Key Properties LLC

    22 years of real estate and property management experience serving Missouri and Kansas.

    Archives

    February 2019
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    July 2016
    August 2013
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    December 2011

    Categories

    All
    1031
    1031 Exchange
    24 CFR 206.125
    Advertising
    After Repair Value
    Apartments
    Appraisal Appeal
    Arv
    Asset Protection
    Bbq
    Board Of Equlization
    Cam
    Can And Can\\
    Cap Rate
    Cash On Cash Return
    Commercial
    Community
    Contract For Deed
    Crime
    Definitions
    Disclaimer
    Document
    Do I Have To Take Section 8
    Download
    Drugs
    Epoxy Injection
    Equestrian Real Estate
    Equine Property
    Fair Housing
    Fannie Mae
    Farm
    Foreclosure
    Form
    Foundation Repair
    Freddie Mac
    Free Commmercial Lease
    Free Forms
    Free Gun
    Free Lease
    Free Online Forms
    Good
    Grill
    Grm
    Gross Lease
    Gross Rent Multiplier
    Gun
    Hakc
    Hecm
    Home Repair
    Homes
    Homes For Rent
    Horse Farm
    Houses
    Housing Authority
    Housing Crisis
    How Much Rent
    Hud
    Independence
    Internal Rate Of Return
    Investment
    Investment Property
    Investors
    Irr
    Jackson County
    Kansas City
    Kc
    Kck
    Kcmo
    Ks
    Land
    Land Contract
    Landlord
    Landlord Licensing
    Lease
    Lease Agreement
    Lease Form
    Lease Terms
    Liability
    Licensing
    Lihtc
    Llc
    Maintenance
    Mhdc
    Mirr
    Mo
    Modified Internal Rate Of Return
    Neighborhood
    Net Lease
    Nnn Lease
    Online
    Phrases
    Privacy Policy
    Property
    Property Management
    Property Tax
    Pros And Cons
    Raytown
    Real Estate
    Real Estate 101
    Real Estate Investment
    Real Estate Tax
    Registration
    Rent
    Rental
    Rental Forms
    Rental Lease. Lease
    Rental Property
    Rental Rates
    Rent My House
    Rent Or Sell
    Repair
    Requirements Section 8
    Residential Lease
    Section 42
    Section 8
    Section Eight
    Swisher Grill
    Swisher Lawn Mower
    Tax
    Tax Appeal
    Tax Credit
    Tax Levy
    Tenant Screening
    Tenant Selection
    Terms
    Top Ten
    Trade Real Estate
    Triple Net
    Turnkey
    Turn-Key
    Turnkeyproperties
    Turn-Key Properties LLC
    Vacancy
    Value
    Website
    Words

    RSS Feed

    Follow this blog
Powered by Create your own unique website with customizable templates.
Photo used under Creative Commons from sunshinecity