Had a client score a deal 30K under asking. It was listed for 1 week. I sent it to my client and told him let's lowball. We offered under. Some agents despise throwing out lowball offers, I've found it's always worth the try. A few reasons why I think it's worth doing and what we thought of going...
Hey Everybody! I am 2 and a 1/2 years into my real estate investment journey. I have 4 properties in my portfolio that are currently being managed by a Property Manager. I am finally feeling comfortable enough and am ready to stop paying someone else to manage my properties and want to start self...
Here's an October snapshot of 13 zip codes that fall wholly or partly in Leavenworth County, Kansas. I pulled these from the MLS. Numbers are represented as: Average price | Average days on market | Close to list price ratio | New listings for the month. 66002 - $226,306 | 56 days | 96.7% | 16 66...
Here's an October snapshot of 13 zip codes that fall wholly or partly in Wyandotte County, Kansas. I pulled these from the MLS. Numbers are represented as: Average price | Average days on market | Close to list price ratio | New listings for the month. 66012 - $365,967 | 134 days | 98.6% | 9 6610...
Here’s an October snapshot of 53 Jackson County, MO ZIP codes. I pulled these from the MLS. Jackson County is many counties and includes Kansas City zip codes Numbers are represented as: Average price | Average days on market | Close-to-list price ratio | New listings for the month. 64014 - $368,...
Kansas City investor here, introducing myself to this side of the forum. I've completed 7 projects in the last 3 years, mostly renovations and BRRRR holds, and I'm at the stage where the quality of my lender relationships matters more than the quantity of deals I chase. I'm structuring my buys mo...
Paid-off duplex: Should I use the equity to buy another property or wait until I start my new job? Hi BP community, I’m 32, single, and have been listening to the BiggerPockets podcast since 2017. I’ve wanted to own rental properties for years, and a few years ago, while attending college for ele...
Here’s an October snapshot of 33 Johnson County, KS ZIP codes. I pulled these from the MLS. Numbers are represented as: Average price | Average days on market | Close to list price ratio | New listings for that month. 66013 - $739,442 | 155 days | 100.8% | 6 66018 - $499,083 | 66 days | 100.1% | ...
Saw an Instagram post where a long time landlord recommends using a tenant screening website called Lease Defend. It uses information from potential tenants bank account that verifies the tenants reported income and also gives a score that tells the Landlord how good of a renter the applicant wou...
Does anyone have advice on the best way to work with contractors and how to find reliable ones? Near Kansas City area potentially. Unfortunately, it looks like BiggerPockets doesn’t list any contractor contacts here. Would love to hear how others have found good contractors!
Hi everyone, I’m currently investing in MS using a BRRRR + Section 8/Housing Choice Voucher strategy, and I’m looking to expand into another market so I have more opportunities to find deals that actually work. Right now I’m considering Indiana and Missouri. For investors actively buying in eithe...
Hello, My name is Evan Bloom. I have run a small property management company in Kansas City for two years. I currently manage six single family residential properties in the Brookside/Waldo area for local investors. I want to grow our current operation and was curious about the best practices on ...
Hi everyone, I am a new real estate agent I've been listening to bigger pockets for a few years now and I really want to serve the investors in my area. Investors, What do investors look for in an agent and where have you found or met your agents?
BP Community I could use your help. I recently read the book "Retire in 10 Years or Less" by Ryan D. Lee and Robert G. Allen after listening to an episode of the Ken McElroy Show, where they interviewed Ryan Lee. Most of the topics covered in the book are similar to the principles that I have alr...
Heartland is the MLS that covers Kansas City. Typically it's an hour radius. Every month they post the recent months statistics. This encompasses the whole Heartland so take that into account. 🏠 Average sale price: $399,619, up 7.7% YoY 📅 Average days on market: 42 days, up 7.7% 📦 Months of suppl...
My wife and I live in Emporia Kansas and we bought our first fourplex back in March, and I figured I’d share our experience so far to get some advice from people who have been through something similar. When we bought it, we moved into one of the units and started renovating it ourselves. The oth...
Hey BP Forum, I'm buying my first investment property and it'll be out of state in Kansas City. I'm nervous about managing the properties myself, but I'd really love to gain that knowledge/experience and take on that roll. What tools are we using as out of state investors? Any and all advice is w...
Hey everyone, my name is Dillon and I am 23 years old looking to buy my first property in the next few months. My plan is to house hack and I am looking to buy a 2-4 unit property. I realize appreciation among many other things plays a big part in how you analyze deals and make an informed decisi...
This is a quick reminder to scope the sewer line. I had a client where we had a deal under contract, did the scope and it looked clean until it went under the street. It was ABS plastic till then but there was a repair needed there. Under the street get's very expensive. He had recent experience ...
What would be a quick summary of how to get the money buy the house fix then flip it then being able to repeat
How difficult is it actually to raise rents on existing tenants? I’m looking at out-of-state small multifamily deals, and I keep hearing from agents that a property can be a solid deal if you can increase rents by $100+ per unit. But I’m wondering how realistic that assumption is in practice. For...
I’m looking at buying a property in Kansas City, KS that is very close to my personal residence. The property is also directly adjacent to me, and the land actually butts up against my property, which is a big part of why I’m interested in this particular one. Im almost certain the house fire end...
Hey everyone, I am a new investor looking to start making connections with other investors, lenders, agents, and more here in Kansas City. Would anyone know of exceptional mastermind groups, events, and/or meet ups where I can start connecting and growing alongside like minded people? Thanks!
From my profile, you can see that I’m an aspiring investor currently saving funds for my first investment property in Kansas City, MO. I’ve chosen “house hacking” as my initial investment strategy and have been looking at duplexes and quadplexes in the area. My goal is to be ready to make my firs...
Hey everyone, genuine question here from a new real estate investor. I know every market is different when it comes to renovating a property a certain way to force appreciation and wanted to know what I should be focusing on to do just that here in Kansas City. I have been very curious how invest...