Wholesaler Kansas City MO

Hi My name is Jenny and I wholesale properties in Kansas City MO. This is a great cash flow market. I also sell cash flow investments that are rehabbed, rented and managed.

Edited: 06/26/2010 at 05:53AM by Administrator : removed website. Place site in signature, not in your post.

Joshua Dorkin

BiggerPockets Founder · Denver, Colorado

10630 posts
46531 Influence
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Icon_minipost Sep 10 '08, 08:37 AM

Welcome to BiggerPockets, Jenny! How long have you been wholesaling? Can you share some of your successes?

NOTE: If you want people to see your website, add it to your signature by going to the dashboard and editing your profile.

Edited: 06/26/2010 at 05:53AM

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Dick Green

Residential Real Estate Broker · Conroe, Texas

1596 posts
1347 Influence
4 Awards

Icon_minipost Sep 10 '08, 10:29 PM

Hi Jenny!

Welome to the site! I'm sure you're gonna find BP a great place to network and a great source of industry information. What got you started in wholesaling? What makes the Kansas City market great?

Edited: 06/26/2010 at 05:53AM

Jason Hanson

Real Estate Coach · Oakton, Virginia

696 posts
577 Influence
5 Awards

Icon_minipost Sep 10 '08, 11:19 PM

Jenny,

Welcome to the site. You should def check out the wholesaling forum. I'm sure a lot of folks could use your expertise.

Edited: 06/26/2010 at 05:53AM

Jenny Chen

Real Estate Investor · Richmond, British Columbia

10 posts
5 Influence
1 Award

Icon_minipost Sep 11 '08, 04:33 AM

Thanks Josh, Dick & Jason for your comments and advice. :D
I started wholesaling Feb. this year.
I've found that wholesale deals that need to be fixed up are easier to sell than turn-key rental investments. Maybe it's cheaper? Or maybe people like to go through with the rehab???
I've found also that it is easier to sell to people I've met at networking events. So I am trying out online forum to see if this works for me too.

I pick Kansas City because it is a stable market (not declining). $4.5 billion has been invested to revitalize KC Downtown. They just built a new stadium and 15 blocks of entertainment/retail district.
Most importantly, the rent is high relative to the price.
For example, one of my cash flow deals that I am selling for $59900 brings in a monthly rent of $725. The tax is low too...like $510 per year.

Edited: 06/26/2010 at 05:53AM by Jenny Chen

Account Closed

87 posts
2 Influence
1 Award

Icon_minipost Sep 12 '08, 09:14 AM

Greetings Jenny!

It's good to see you on the BP site.
There are so many professionals with great advice and contacts for networking.

I read a few of your bulletins on another real estate forum and we exchanged comments. You told me of the MO market and I mentioned that OH has alot of potential for cash flow. Perhaps we can also be colleagues on this BP site as well.

Regards,

Becky M. Burt
Ohio investor/paralegal.

Edited: 06/26/2010 at 05:54AM