All Forum Posts by: Anthony Liguori

Yes there are pros and cons to every situation and no ones situation is the same, but for me it has worked out very well with a nice balance of cash flow and appreciation.

What areas are your properties in? and did you use a turn key company? how did you go about accruing these investments out of state? i, too , have been attempting to invest OOS. Its so hard to choose one area i been all over the map trying to decide.. Any help or insight?

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Originally posted by @Alyssa Dyer:

@Alex Leana I see a lot investors pushing themselves to invest out of state. It's a little scary every time, but when the numbers make sense the numbers make sense! First-time investors taking the leap in the midwest because they live in CA or NY are reaping the benefits of the BIG leap of faith!

whats some of the Midwest cities you suggest?

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@Alex Olson

I’m out of state investor so I don’t know the area.

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Originally posted by @Caleb Brown:

What area is it in?

Oak park south West

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Originally posted by @Caleb Brown:

@Anthony Liguori

Converting single family residence is common in certain parts of KC. The rent depends on the area. Zoning laws shouldn’t be an issue the only thing you into when you convert single family residence is you can’t have separate meters. So most of the time you’ll have to cover part of the utilities instead of tenants. If you need anything let me know.

yea the owner/PM stated that i would cover all the utilities. So is this pretty common? and is 120k around the price these houses are going for ?

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I'm looking for the best bank that offers high personal lines of credit ( $100,000) with the best rates. What do all the investors use to purchase more real estate. i heard this was good tool to use. So i was just doing my due -diligence to see if its good for me.

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I ran into a property that was seller financed and seems like a good deal.. I was told that the house is a non- conforming property and would not qualify for conventional financing (which is OK with me) . It was a one family house made into a small tri-plex.. My question is, is this normal for this area (64130) zip code. I read that zoning officials can cause problems if they are made aware of this and that couldn't potently ruin cash flow.. I also was told this is very common in this area and it wouldn't be a problem. any insight on how this market is? The house is a new rehab and potential rents would be $1320 for a 3bed/1bath, $850 2bed/1bath, and 1 bed/1 bath $750.. is this the going rate for rent in this area? all this information was from the PM/owner. Should i be worried about Zoning officials in that area?

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Originally posted by @Kevin Paglia:

Ok. I'm reading Craig Curelop's house hacking strategy book (just started). I know I will be using at least two hacks but I am curious about other Investor's hacking stories.

what do you mean by "two hacks"?

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Originally posted by @Andrew Syrios:

It depends on the city and the individual market. Kansas City, where I live, is growing, albeit rather slowly. Others are too, although not all. The Rust Belt was what was really hit hard. On the other hand, coastal cities are good for flips, sure, but it's incredibly hard to get anything to cash flow (at least with debt).

which coastal cities?

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All Forum Posts by: Anthony Liguori

Anthony Liguori has started 20 posts and replied 111 times.

Post: Why Most Of Investors Invest Only In Local Market?

Post: Why Most Of Investors Invest Only In Local Market?

Post: Getting Out of My Comfort Zone

Post: Is Kansas City, MO good market for OOS investors??

Post: Is Kansas City, MO good market for OOS investors??

Post: Is Kansas City, MO good market for OOS investors??

Post: Best banks for LOC?

Post: Is Kansas City, MO good market for OOS investors??

Post: House hacking stories

Post: Midwestern markets are like football teams.