Closed Rental Property # 15 in Kansas City

7 Replies

#15 is a 3/1.5/1 ranch with full basement in south KCMO in the Robandee area near Bannister road and Raytown.

I bought it wholesale for $34,000 and have a $11,000 fix it budget.  Based on my recent experience with the house (#8) on nearby Lewis Avenue, I it will rent for $850 when finished out.   The remodel is scheduled to complete by July 31st so I hope to get it leased for the full month of August.  This was a cash purchase and I plan to finance out after the remodel is completed, so I will have quite a bit of cash tied up for several weeks on this property.

I hope everyone is doing well on your projects.

Cliff

Congrats!   I am sure you are an inspiration for many here including me.  You and a few other on BP are showing that real estate can be truly be a road to wealth with a good plan and the proper resources.

Congrats! 

Congrats Cliff, post some before/after photos!  You've made some incredible progress the last <1 year.

@Cliff Harrison

@Cliff Harrison awesome job that area will be interesting in the coming years with the new developments

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