All Forum Posts by: Dan Krupa

@Noah Gouldsmith if you signed an agreement, cancel it. I am a broker with agents. Primarily I use my license for our flipping business and to buy rentals. 98% of RE agents are clueless when it comes to investing. Good ones can get you an ARV/comp it and give you a few recommendations. But you need an investor agent. Who understands rehab numbers, has a network of contractors who work with investors and not home owners, and understand your goals and can help guide you. If you aren't getting those things then they aren't earn their 3%. Find a new agent. PM me if you have questions.

@Emily Hill hands dowm the MO law for numerous reasons. Link below will help:

https://www.google.com/maps/d/u/0/viewer?mid=1J1Fb7qd_8tJsHuRclmIhlDC3GHI&ll=39.0680731422144%2C-94.4830177&z=10

@Emily Hill best property is in KCMO not KCK. I know, weird. I am from NY and lived all over before settling in KCMO. Took me a hot minute to wrap my brain around that. Is there a reason you like KCK over KCMO? We have been landlord laws in MO compared to KCK. 

@Vess Jimenez welcome. Turnkey you want to go straight ot the TK provider, no agent. SF the agent depends on where  you want to invest. What part of KCMO are you looking to invest in?

As a former Western NYer do not own there! The landlord laws are terrible and winters are brutal. Stick to the midwest. You are on the right track there. 

@Rob Bianco that is a tall order. I replied on your other post but I am RE broker but primarily a flipper. We are on track to do 40 flips this year, this is the start of our third year.  

My personal opinion is that someone who has access to deal flow, the crews, knowledge, etc... would never accept a "cut of the profits." We have spent thousands and thousands of hours mastering this niche and lost thousands and thousands in mistakes.  What does that mean to you?  Look for someone newish/starting off. Maybe they have done four or five flips and have a good head on their shoulders and all doing this full time. They are going to make mistakes but you are in it together. (Money is easy to come by - so offer that plus your other skills and then be willing to accept a 40/60 or 50/50 split) 

You aren't doing enough volume to afford to pay someone to do what you are looking for full time and honestly that is too broad of a skill set for most people to have. 

Best of luck to you though! PM me if you have any follow up questions. 

@Rob Bianco - put it out in the world. What exactly do you want? You want more BRRRs or flips or what exactly? What does the structure look like? State all the awesome tangibles and intagibles you are bringing to the table. Tons of people read but never reply on here. So state your case. Ping some people you are interested in. Let things develop naturally.  Best of luck brother. 

@Jordan Roberts - Kansas City, MO is awesome. A few other Midwestern cities are great too. Have criteria, pick a city, dig in and then  start figuring out who the honest players are there. 

@Gabriel Smith welcome. Yes, dig into the KC area. Look at the path of progress and recommend you go where the good schools are. After that find a great KC agent who is also an investor. There are a few on here. If you want something turn key then call any of them. If you want something that is a BRRR make sure you find an agent who understands construction/flips/etc... most agents don't have any clue about rehab cost, who to look for on a walk through, and they don't have a network of contractors.

Best of luck and if you need any help PM me. Happy to throw some free advice your way.  

@Yu Chen thank you for sharing your experience and the numbers. Bridge has a very good reputation.