All Forum Posts by: Chris Kerschen

I was just going to post on here to see if anyone in Wichita Kansas would be interested in an auction home right next door to me. It had a kitchen fire and I'd love to help anyone out and maybe partner with someone on this home. 

Also, thoughts on fire damaged homes? Thanks.

The nice thing about it is that it is actually the house directly next door to my primary residence, and in a very nice neighborhood so any trespassing/vandalism would definitely be minimized. But that is what I was thinking if I can get ahold of the property low enough Id be in good shape. The house is 8-9 years old and has always been bank owned, so I am wondering how badly they would let it go for a decent price.

Welcome! Looks like you are off to a pretty good start. Good luck!

Welcome! House hacking to me personally is the easiest way to get into real estate investing. Good luck!

Welcome and good luck on your investments!

Welcome to the forums. Check out the podcasts if you havent aleady. Tons of good info there. Personally I think house hacking would be the easiest way to start investing in real estate.

Welcome! You shoud check out the podcast if you havent already! Good info there.

As the title states, I have house that is in my neighborhood that has been sitting for at least 6 months now vacant because there was a fire in the kitchen. I assume that the fire department did more damage than the actual fire but I have not actually seen the damage. 

A little background on the house from what neighbors have told me. The house comps are around $160k (my house is very similar in size and layout). I live in Wichita Kansas so $160k is a pretty nice and big house here. The house has always been bank owned and the bank just rents the house out. The house is also kind of an ugly white painted house with light pink trim. I figured painting the exterior of the home would make it look 100 times better as well.

Im sure I am probably leaving info out, but I have just been seeing this house sit empty and was wondering if there is any opportunity here. I have done some research online and have seen that many investors are scared away from fire damaged houses so I figured I would mention this on here and see what everyone thinks.

Im going to my first REI meeting tomorrow!

I really want to try out flipping