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investment property: Kansas City Investment Property - 07/05/11 08:20 PM
Owning and operating investment property in Kansas City really isn’t all that difficult.  What I do isn’t rocket science.  It’s just applying tried and true real estate investment principles along with a generous helping of knowing how Kansas Citians buy, rent and sell houses.
You don’t have to be from the KC area to own rental property here.   Regardless of where you are from there are differing ways you can own income property.
Buy Turn Key Rental Property You can buy rental property that is turn key which is a popular choice amongst the busy, working professional.    We simply find you … (1 comments)

investment property: Kansas City Real Estate Price Reduction and Tip - 07/26/10 03:15 PM
This Olathe house for sale has reduced the price by $5,000. The asking price is now $225,000. Olathe is in the southwest suburbs of the Kansas City real estate market. If you would like to see additional information or pictures of this Olathe house for sale you can do so by clicking this link to the Kansas City MLS property page. *** Want to buy a foreclosure home? Two things you need to know;
I'm setting up a new website over at www.foreclosurehomeskansas.com The website really isn't open yet but stop by and take a look. You may want to add … (3 comments)

investment property: Investment Property in Olathe, Kansas For Sale - 01/16/09 11:22 AM
Olathe Duplex For Sale
This is not my listing.  But I am really liking this Olathe Duplex that is for sale.  Priced at $184,950 the price has been lowered from an original asking price of $200,000...which I thought was a little high.  Each side is 2 bedrooms and 1.5 bathrooms with a one car garage per side.  (Not my photo so sorry about the quality.)
The really good news? It's in Olathe which is still a healthy real estate market.  It's across the street...literally...from Mid American Nazarene University.  And just minutes from I-35 and everything Johnson County, Kansas has to offer.
I … (2 comments)

investment property: Belton, Missouri Fourplex: A Good Real Estate Investment - 11/21/07 09:34 PM
I've located a good quality real estate investment property in Belton, Missouri.  It's not my listing so I will not give you all the details here.  But I will say that this income fourplex has a brick front and smaller, one bedroom units.  They appear to be clean and updated.  Asking price around $145,000 to $160,000 and rents around $1,600/mo. 
If you are looking for a quality investment property in Belton  or the Greater Kansas City area including Jackson, Cass, Clay and Platte counties in Missouri or Johnson and Wyandotte Counties in Kansas I am sure that we can help.
To get … (3 comments)

investment property: The Value of a Quality Tenant - 03/22/07 02:48 PM
Finding a quality tenant for your income property can be a daunting task.  It takes proper screening, a little bit of a gut feeling, and some luck.  But when you have them, great!
I manage a property for one of my out of state clients.  Both sides are Section 8 through the Independence Housing Authority.  One tenant was in when my client purchased the duplex, the other we put in shortly after his purchase.  And we got a couple of good ones.
First, working with the IHA is a delight.  They are reasonable, responsive and fair.  The IHA did their annual review of … (0 comments)

investment property: Collecting Rent leads to Death - 03/17/07 12:13 PM
Listen, most of us don't want to admit it but money makes us make silly or bad decisions at times. And KMBC news reports that a terrible decision was made today by both a landlord and tenant in Kansas City.No details were given other than the tenants were moving out. I can only assume rent was still owed and the landlord wanted it. But reasons are not what is important here. What is important is that one man has lost his life. Another is in the hospital and facing capital murder charges. Don't get yourself in this position. Hire an attorney, … (2 comments)

investment property: Section 8 and the Rental Property Owner - 03/14/07 02:45 AM
As an owner of income property sooner or later you will be asked if you accept Section 8 tenants. Before you answer the question it is my hope that you will have thought about the question in advance. Because my answer to prospective tenants is not a simple "yes" or "no". It goes deeper than that.To many landlords all Section 8 is the same. But nothing could be further from the truth. I'll give you a for instance at the risk of recurring wrath. In my future dealings I will never again recommend to my clients, or myself, to take on … (14 comments)

investment property: Why Investment Property in Kansas City? - 01/25/07 09:50 PM
I love the calls I get from both coasts concerning real estate here in the Greater Kansas City area.  When I get these calls they are almost always from investors, or would be investors, who have found that with all of the benefits that investment property has it simply cannot be afforded anymore by the average investor on the coasts.  Specifically I'm speaking of California and the Seattle area.  But Washington, DC and Boston fall into the same category.  Florida, too. 
Here in Kansas City we have a great variances in housing, affordability and rental returns.  We have affluent areas such … (1 comments)

 
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Chris Lengquist

Olathe, KS

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Keller Williams Realty

Office Phone: (913) 322-7515

Cell Phone: (913) 568-1579

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Detailing the ins and outs of residential investment property ownership. Negotiating your best terms. Working with tenants. Knowing before you buy whether or not a property should be profitable.


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