Property Management
Whether you are a first time investor embarking as a landlord, or a seasoned landlord frustrated with problem tenants and gaps in cash flow, KCI offers our own Real Estate Investment Program. Property management is vital to your success as a landlord, our goal is to make sure you do not have a heart attack both figuratively or literally.
Managing rental property can be a very easy task once you know and understand all the rules and regulations as well as understanding the psychological approach that’s needed in communicating with tenants. In our 25 years of managing rental property, we have discovered that most investors who manage their own property and have trouble with tenants simply don’t follow the rules and regulations that will allow them to legally and professionally deal with these tenants.
You will find that all successful landlords have become a serious student of their trade. Most unsuccessful landlords are the ones you hear about on the news that are slumlords or money hungry. Then you have some landlords who take management personally and follow their own rules. See it’s no different than purchasing a McDonalds and not understanding how hamburgers are made or the Department of Health rules and regulations on meat products. As investors of rental property, knowing your product very well is crucial if you expect excellent results.
WE DO NOT currently manage rental properties that we have not renovated. Most landlords are assume renovating means just paint and carpet. They often neglect addressing the more serious issues that consequently will cause tenants to call frequently. We like to say here at KCI that, “If a tenant calls, then it will most likely be because of something they did, not us” In other words, we will rehab and maintain our properties to make sure that all the majors are addressed along with installing quality materials that’s less likely to break down, thus reducing the phone calls.