Anyone used US Real Estate Equity Builder in KC MO? Need advice.

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Anyone used US Real Estate Equity Builder in KC MO? Need advice.

Joe Koppel
San Diego, CA · Member since 2017 · 70 posts · 23 votes

Hi, I am considering purchasing several Turn Key Properties  from US Real Estate Equity Builder in Kansas City Mo. I am a new real estate investor and just trying to do my due diligence so I don't make a bad move. I am in California so I would be doing this remotely.

Can any of you give me some reviews, good or bad?

Any good advice? Other ideas? I will have about $100k to invest when my escrow closes here soon.

Just looking to buy and hold and collect rent. No rehab or flipping.

Thanks, Joe

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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
9y

@Fiona Matthews  what total BS.. your not a client but somebody who knows somebody is or was and maybe... your simply not credible... Anyone who have followed my 13,000 plus posts and almost 12,000 votes compared to your 2 posts.. knows I am as agnostic on turn key markets as anyone and would never recommend buying lowest end ghetto type homes.. there is no doubt that their are companies out there that have or do operate in this manner.. USBREEB simply is not one of them.

Is there tenant risk in owning a rentals  hell yes  any rental in any state.. I have had A class brand new homes trashed personally... but to claim its their business model to deceive and ruin investors investments by simply placing fake tenants in their properties is just way off the mark..

It sounds like you have a personal grudge frankly for whatever reason.

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  • Chris Bodden
    San Antonio TX via Roseville, CA · Member since 2018 · 64 posts · 35 votes
    8y

    @Joe Koppel, @Rachel Bier-

    What class properties did you end up getting with USREEB?  If you have multiple different classes are there any that looking back on you would avoid?

    thanks

    2Reply
  • Joe Koppel
    OP
    San Diego, CA · Member since 2017 · 70 posts · 23 votes
    8y

    I only buy class A and B properties

    2Reply
  • Rachel Bier
    Investor · Napa, CA · Member since 2016 · 77 posts · 80 votes
    8y

    We've only purchased B properties.

    2Reply
  • Kevin Kite
    Investor · Los Angeles, CA · Member since 2016 · 69 posts · 46 votes
    8y

    @Don Spafford, nothing unexpected so far.  They replaced one tenant pretty fast who left early.  Minor repairs that didn't eat cash flow.  I will continue to give them a great review until I see otherwise.  Just know there is some risk in real estate investing.  You could get that one tenant who passes screening and destroys the home but its unlikely.  I suggest making a plan to get several properties soon as you can so when you take a hit, its not a big deal.  Also save some of that cap ex money, its what its for!

    2Reply
  • Don SpaffordPro Member
    Investor · Idaho Falls, ID · Member since 2016 · 935 posts · 629 votes
    8y

    @Leif Eckersberg Would you care to elaborate about your experience? Simply stating that you had a bad experience doesn't do much to help others. Was it just a random thing or something that doesn't meet your expectations, like having a bad experience at one location of a fast food chain likely isn't reason to say the company as a whole is bad.

    2Reply
  • Kevin Kite
    Investor · Los Angeles, CA · Member since 2016 · 69 posts · 46 votes
    8y

    For what its worth Mackaylee Beach who works for USREEB is one of the main reasons I bought a few properties from them.  She is very responsive and helpful via email and in person.

    3Reply
  • Chris Bodden
    San Antonio TX via Roseville, CA · Member since 2018 · 64 posts · 35 votes
    8y

    I am only sharing this for others benefits since they have asked Leif about his experience with no response I'll share mine. I do still plan on having follow up conversations with USREEB because they have overwhelmingly good feedback but my interaction with Mackaylee was also less than stellar. Not an immediate black list but very "Meh". I know everyone has off days so I do plan on calling her back (if i don't choose a different company first) but specifically:

    She was distracted. She was actually getting in her car and then driving while we spoke so I imagine some of the resources that she normally has on calls were not available.

    Due to the distraction she seemed disinterested. I'm sure they get a lot of tire kickers and a lot of these prospect phone calls feel like a waste of time, so this made me feel like a waste of her time.

    She had a couple of follow up items she was supposed to email me but never did.

    I would have much rather if she just told me it wasn't a good time and rescheduled. Looking at TK providers I know that I will be paying a premium in price for the service, but that in turn gives me the expectation of premium service.

    So, just to reiterate. I have no ill will, I'm sure she is normally amazing as other people have stated and I do plan on given her (and them) another call but my initial intake calls with other TK providers have gone better, and I felt more valued even as a prospect.

    0Reply
  • Account Closed
    Real Estate Investor · Kansas City, MO · Member since 2015 · 222 posts · 121 votes
    8y

    @Leif Eckersberg  I would first like to say I am not here to turn anyone on or off.  I manage a 40 million dollar real estate company in a man dominated field. My job, is to do my job well and communicate effectively.

    To explain our encounters, here is our email chain.

    "Looking for info AMD to place an offer on a duplex you have listed."

    I responded, "You can submit your offer. I am on calls today as I just flew back in town. What info do you need? One side is occupied, one is vacant."

    "Are you aware that I am not a licensed agent in the state of Missouri?"

    I responded, "You can still email me your offer on the property."

    "Hardly, I expect quite a bit more from my agent."

    I responded, "I am the listing agent. I am not aware of your intentions or if you are working with another agent. I asked you what information you are looking for."

    "And yet, you never inquired... Did you Ms. Beach?"

    I did not reply to your last snarky comment and in conclusion, I am not "your agent".  I have no recollection if you were working with another agent and you did not inform me of what information you were looking for. A couple of days later a real estate agent sent me an offer on the property with you as the buyer.  That agent mentioned to me the slanderous comments you made about me - which are unnecessary considering the little communication we had. 

    At the end of the day, Leif, I understand that you did not get the deal or the "turn on" that you hoped for, but your judgements are obviously far fetched.  

    3Reply
  • Joe Koppel
    OP
    San Diego, CA · Member since 2017 · 70 posts · 23 votes
    8y

    I have had a lot of emails and communications with Mackaylee and she has been very knowledgeable and helpful to me as well as very professional. She always has a lot on her plate. I support you Mackaylee!

    1Reply
  • Don SpaffordPro Member
    Investor · Idaho Falls, ID · Member since 2016 · 935 posts · 629 votes
    8y

    I have not yet purchased with them, but I have had a few phone calls and emails with @Account Closed and have not had any  negative experience. On the contrary, she made herself available at odd hours to speak with me, as we are in different time zones, and answer my questions and research the properties I was inquiring about. I do look forward to working with her and I will be sure to share my full experience as well.

    1Reply
  • Account Closed
    Real Estate Investor · Kansas City, MO · Member since 2015 · 222 posts · 121 votes
    8y

    @Chris Bodden I’ve followed up via email. As I explained on the call, I travel a lot - back and forth from Dayton to Kansas City. I make myself available for several calls through out the day, but sometimes they occur when in transit. I’m more than happy to answer any additional questions you might have or get on another call. Best!

    1Reply
  • Trevor Lohman
    Investor · Redlands, CA · Member since 2013 · 177 posts · 76 votes
    8y

    Can anyone share some info about a deal they've done with USREEB? Not that I'm not interested in learning more about whether or not @Account Closed is or is not the best! lol (Dude, Leaf... note to self... referring to whether or not someone is a turn on publicly on the internet... not a wise move lol.)

    Just curious what type of numbers someone has gotten. I've always just bought of the MLS and hired a PM, I've never gone the turnkey route. What extra are you getting by going turnkey? I'm sure its a lot more streamlined and you have a nicer property?

    Anyone care to share a specific deal? Totally understand if not of course!

    Trevor

    1Reply
  • Justin Kuraitis
    Member since 2021 · 1 post · 0 votes
    5y

    If you are finding best real estate advisor for investments. I will recommend once visit US Real Estate Equity Builder for best services and satisfaction.

    0Reply
  • Christina CareyPro Member
    Real Estate Broker · Dayton, OH · Member since 2010 · 245 posts · 186 votes
    5y

    @Justin Kuraitis - they are in Bankruptcy. A bunch of their properties here in Dayton were just auctioned a couple weeks ago by order of the BK trustee. Their unethical business practices - like putting lipstick on a pig and passing it for turnkey - have finally caught up with them.

    [email protected]937-709-3355
    3Reply
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