Show Me the Money
Investments are all about making money, but in order to do so, you first have to spend it. So how do you make sure that you’ll make your money back on an investment, before signing the check? It helps to calculate your return on investment and your capitalization rate on a property. A return on […]
A Tenant in Demand
Proving you’re a good tenant is important not only in the application stage, but also throughout the entirety of your lease. Being a good tenant is more than just paying your rent on time. If you prove yourself to be an exemplary tenant, you are more likely to receive positive recommendations from your landlord when […]
Why Should I Rent From a Property Management Company vs. a Private Owner?
As a renter, you have a multitude of options when searching for a place to call home. The world is your oyster. One of your many options is renting from either a private owner or a property management company. Like most others in your position, you’re probably thinking “What’s the difference?” or “Why does it […]
May I make online rent payments?
Yes! When you sign your lease, you will receive an email and paper copy of instructions on how to set up E-Pay. You can create a secure account and use the web portal to make your monthly rent payments. There are options to either submit payments manually, or you can connect your bank account and […]
What Items Does a Landlord Repair?
Landlords typically address items needed to maintain the properties safety and habitability. We do, however, advise that tenants report all items even if they are cosmetic. The landlord will use their own discretion to decide whether to perform cosmetic repairs or not. They are required by law to make certain repairs that fall under the […]
What is Your Experience in Property Management?
Teresa Penner, the owner of Penner Property Management, gained her Real Estate license in 1999 from Las Vegas, Nevada. She had managed over 250 single family homes from investors ranging in one property, to multiple properties. Developing systems was paramount to her growth and love for the business. Penner quickly learned that she managed the […]
How is a Tenant Screened to Rent my Property?
All property management companies operate differently. At Penner Property Management, we run an extensive background check. Unforeseen life circumstances, such as a loss of a job or an accident, can happen to anyone. Nobody can predict that. That being said, we can predict someone’s fiscal responsibility based off past payment patterns. We run a credit […]
Do You Charge for Property Walkthroughs?
A property walkthrough is absolutely necessary in order to efficiently provide full service management. Because of this, Penner Property Management does not charge for walkthroughs or lease renewals. It is important to note that a walkthrough is merely an observation through the interior to verify that the tenants are upholding the terms of the lease […]
Why Rent in the KC Metro Area
The Kansas City area is booming! Populations in the city and its surrounding suburbs are increasing exponentially. Everyone wants to be here, and you should too. Lucky for you, Penner Property Management services rentals in Kansas City suburbs such as Lee’s Summit, Blue Springs, Independence, Grain Valley, Greenwood and Raymore. More people are renting in […]