All Forum Posts by: Caleb Brown
Caleb Brown has started 10 posts and replied 3871 times.
Post: 1 Million $$ +Leveraged money. What is best investment

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
Possibilities are endless. A few questions you need to answer...
How much experience do you have?
What are your 6 months, 1 year, 5 year+ goals?
Are you comfortable with long distance or local cities?
Do you have a team established?
1 mill would be a lot to blow. A few popular niches are commercial, small/large multi family, mobile home parks, storage facilities, BRRR/Value add etc. Personally value add or BRRR help scale the most. Finding deals can be the hardest part.
Post: Flat fee to realtor?

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
For a flat fee most do around 2%. One point though is 6% for listing it shouldn't be a deal breaker. With low inventory across the board listing in MLS should be a no brainer. FSBO you won't sell for as much as MLS would.
Post: Rental property in Kansas City area

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
Sent you a connection request
Post: Rental property in Kansas City area

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
It depends on what areas you want. Johnson County is nice but expensive. It is a A/B+ Area. Lee's Summit, Blue Springs, North KC, Liberty are growing and nice but not as expensive as Johnson County. Also Kansas City depending on which part would be a good option. Happy to dive deeper if you want to chat
Post: What state has the best bang for your $ when buying multi-family?

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
Most Midwest markets are awesome. KC is growing crazy but good returns too. Happy to chat
Post: Idaho market is on FIRE so what are all the investors doing?

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
I think many markets across the country are in the same boat. Here in Kansas City it is the same story. The market supply is around 1.4 months here(anything under 6 is a sellers market). What I have been doing to find deals for my clients is...
1) Cold call/cold text to find multi family/commercial from 2-100+ unit places. Having inventory not on MLS is valuable.
2) Be the first to offer or find MLS deals. I very diligently look through and find the deals before they sit for a day.
3) Connecting with wholesalers or other players to have deals before anyone sees them.
The biggest thing I have learned in hot markets is being creative. Can't only rely on the MLS, off market is where you can find MANY deals.
Post: My first brrrr investment

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
Nice! What's the ARV?
Post: Kansas City MO investment

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
Hey let's connect!
Post: Need Rehab Money for New Multifamily Building

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
Can you partner with someone if numbers are good? The only other option is hard money or private money.
Post: Determining my Wholesale Fee

- Real Estate Agent
- Kansas City
- Posts 3,987
- Votes 2,900
Depends on price point. For properties under 100K I see them make 2K-15K. Just depends what you can put it under contract for, and what an investor will pay.