Property Management Blog

Blog Post Benefits of Online Portals for Owners and Tenants
By Grit Property Group - Friday, February 28, 2025

Benefits of Online Portals for Owners and Tenants

According to The Business of Story, miscommunication costs U.S. businesses $1.2 trillion annually. It can reduce productivity, lead to lost business, and lower employee retention rates.The same problems can afflict your rental business in Kansas City, MO. Poor relations with tena...
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Blog Post Why Choose Full-Service Property Management Today?
By Grit Property Group - Friday, February 14, 2025

Why Choose Full-Service Property Management Today?

According to data from Zip Recruiter, the average landlord salary in Kansas City, MO, is an impressive $80,678 a year. The annual salary for the top 4 percent can even exceed $140K!As lucrative as becoming a rental property owner may be, it can also be challenging. Landlord dutie...
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Blog Post Effective Tenant Screening: Best Practices for Kansas City, MO, Landlords
By Grit Property Group - Tuesday, January 28, 2025

Effective Tenant Screening: Best Practices for Kansas City, MO, Landlords

Being a landlord in Kansas City, MO, can be a lucrative career choice. ZipRecruiter.com says that, as of Dec 29, 2024, the typical landlord in the City of Fountains earns an annual average of $85,170. The top 4% even generate over $147 grand!Remember, though, that your income as ...
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Blog Post 3 Ways to Streamline Rent Collection in Kansas City, MO
By Grit Property Group - Tuesday, January 14, 2025

3 Ways to Streamline Rent Collection in Kansas City, MO

Lately, there has been much talk about the cost of food and bills, leading people to feel financial pressure. But for tenants, this squeeze goes further.Rent rates in Kansas City have steadily climbed by around 5% each year. This financial pressure can cause landlords problems if...
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Blog Post Managing Pets in a Rental Property in Kansas City: A Landlord's Guide
By Grit Property Group - Saturday, December 28, 2024

Managing Pets in a Rental Property in Kansas City: A Landlord's Guide

Data from Wisevoter shows that 62.8% of households in Kansas own a pet. This statistic highlights the growing need for pet-friendly rentals in Kansas City.As a landlord, you must understand how to manage pets in a rental property. With the right approach, you can create a welcomi...
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Blog Post 5 Key Kansas City MO, Lease Renewal Strategies
By Grit Property Group - Saturday, December 14, 2024

5 Key Kansas City MO, Lease Renewal Strategies

MoneyGeek reports that 41% of rental properties in the U.S. experience annual vacancy periods.Vacancies mean lost income, added marketing costs, and the hassle of finding new tenants. In Kansas City, filling rental properties can be tough due to market competition. Screening tena...
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Blog Post Tips for Rental Property Accounting Records
By Grit Property Group - Thursday, November 28, 2024

Tips for Rental Property Accounting Records

Rental property financial management involves more than sitting back and waiting for rental income to stream in. It includes many expenses like:Property management feesMaintenance costsOperational costsIn Kansas City, landlords must register their businesses with City Hall and pa...
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Blog Post Real Estate Asset Management Best Practices That Put Money In Your Pocket
By Grit Property Group - Thursday, November 14, 2024

Real Estate Asset Management Best Practices That Put Money In Your Pocket

Kansas City boasts a stable, growing economy and steadily improving employment rate, making the city an attractive prospect for property investors. Yet, there's more to effective real estate asset management than identifying a good location for residential rentals.Managing a ...
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Blog Post Increase Rental Value Without Blowing Your Budget
By Grit Property Group - Tuesday, November 5, 2024

Increase Rental Value Without Blowing Your Budget

As a landlord, maximizing your rental property's value without breaking the bank is a top priority. The good news is that there are several affordable improvements you can make that will attract quality tenants and justify higher rent. Here are some tips to increase rental va...
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Blog Post Property Management Essentials
By Grit Property Group - Tuesday, November 5, 2024

Property Management Essentials

Managing a rental property can be a rewarding investment, but it also comes with its share of challenges. Whether you’re a seasoned landlord or just starting out, understanding the key aspects of property management is crucial to running a successful and profitable rental b...
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