Resources

Buying & Selling
Buying Guide for First Timers
There are several things a first timer buyer should watch out for including radon and lead based paint.  Please check out the links below.

Lead Based Paint
U.S. Department of Housing and Urban Development
http://portal.hud.gov/hudportal/HUD?src=/program_offices/healthy_homes/enforcement/disclosure

Radon
EPA
http://www.epa.gov/radon/states/missouri.html

Real Estate Terms
Investopedia
http://www.investopedia.com/categories/realestate.asp#axzz2H4VhV7gS

Renting
Advertising

There are several very cost effective ways in Kansas City to advertise your rentals including:

The Call
1715 E. 18th Street
Kansas City, Missouri 64108
Phone:  816-842-3804
Fax:  816-842-4420
www.kccall.com
$Fee$

Craig’s List
http://kansascity.craigslist.org/
Free

www.gosection8.com
$Fee$

The Pitch
1701 Main
Kansas City, MO 64108
Phone:  816-561-6061
Fax:  816-756-0502
www.pitch.com
$Fee$

www.socialserve.com
Free

Thrifty Nickel
12103 East 43rd Street
Kansas City, MO 64133
Phone: 816-356-8790
Fax: 816-356-0621
www.tnol.com
$Fee$ 

Section 8
Section 8 is a federally funded program that provides rental assistance to low income families. Section 8 is a great program for investors. Not only are the rents higher than market rents but, there are many safeguards in place to protect your investment and your return that include:

    • If you are purchasing an investment property that has passed the rigorous Section 8 inspection you know that the property is in excellent condition.
    • If a tenant on the Section 8 program fails to meet their obligations they risk losing their assistance. These families cannot afford to lose this assistance so, the majority of tenants comply with the rules. Tenant responsibilities include: complying with the lease and program requirements, paying their portion of the rent, and keeping their rental unit in good condition.
    • Section 8 does an annual inspection on each property which helps you protect your investment.

You can click here to read the Section 8 Owner Packet and go to www.hakc.org to learn more about the Section 8 program in Kansas City.
 
Legal

Attorney Genral Chris Koster
Please click here to read “Missouri’s Landlord-Tenant Law:  The rights & responsibilities of landlords & tenants” from Attorney General Chris Koster.
http://ago.mo.gov/ConsumerCorner/encyclopedia/landlord-tenant-law.htm

7th Judicial Circuit Court of Clay County MO
http://www.circuit7.net/services/landlord/mo-law.aspx

16th Circuit Court of Jackson County MO
http://www.16thcircuit.org/landlord-tenant

Legal Aid of Western Missouri
http://www.lawmo.org/law_llt.htm

The Landlord Protection Agency
http://www.thelpa.com/