Property Management Blog

Should I Use a Home Warranty? A Guide for Rental Property Investors

According to Bankrate, per home renovation platform Thumbtack, maintaining a single-family house in the U.S. had cost Americans an average of $10,433 in the third quarter of 2024. Worse, this doesn't even include other ongoing expenses, such as property taxes and homeowner...

Which Up And Coming Neighborhoods In Kansas City Should You Be Investing In Now?

Last month, the Federal Reserve cut interest rates by another quarter percentage. If you're interested in investing in growing neighborhoods, now is a great time to act.At PMI Station, we work with Kansas City investors who want to expand their portfolio without adding a lot ...

Tenant Background Check: A Kansas City Property Manager's Must-Do

According to the National Conference of State Legislatures, one in three American adults has a criminal record, which should encourage landlords to screen tenants to check they are credible.Understanding how to run a thorough tenant background check reduces the risk of vandalism ...

5 Tips for Handling Tenant Evictions in Kansas City

Did you know that in 2023, Kansas landlords filed 8.7% more eviction filings than in 2022? Evictions disrupt communities and cause landlords financial strain.Handling tenant evictions can be stressful and complicated, requiring strict adherence to legal requirements and sens...

Security Deposits in Kansas City, KS: A Landlord's Guide

Median gross rent in Kansas was just under $1,000 up until 2022, according to The Journal.For landlords in Kansas City, KS, understanding the regulations surrounding security deposits is essential. By staying informed, Kansas City landlords can protect their investments, have fav...

Essential Guide to Owner Disbursements for Kansas City Landlords

You're a Kansas City landlord who's just wrapped up another busy month. The rent's been collected, the property maintenance is handled, and you're eagerly waiting for that disbursement - the payout from your rental income after expenses are deducted.But when it hi...

Tips for Rental Property Accounting Records in Kansas City

Kansas City's real estate scene is quite competitive, with properties often receiving as many as four offers. But while it's rewarding, managing the financials of rental properties can be quite the juggling act. From meticulously tracking cash flow to ensuring taxes are f...

Myths About Rental Property Pricing in Kansas City

As a property investor, it's no secret that you might have faced your fair share of challenges within the rental market in recent years. One of these is the rapid fall in rental costs. Over the past two years, studio, one-bedroom, and two-bedroom rentals have decreased by ove...

How to Manage Landlord Stress in Kansas City?

Workplace stress is incredibly common in the United States, with more than three-quarters of workers reporting stress in their jobs. As landlords, you're no different. The pressures of managing tenants, maintaining properties, and ensuring a steady cash flow can quickly becom...

What's Next After Buying Your First Rental Property in Kansas City?

Congratulations on purchasing your first rental property in Kansas City! Becoming a real estate investor is a significant milestone that can lead to substantial financial rewards.However, owning a rental property involves more than just collecting rent checks. To ensure your inve...