All Forum Posts by: Dan Krupa

@Chad Clemons - rentometer is decent. We own and run a property management company (Fountain City Property Solutions) Rentometer is one of the tools we use however, I would also recommend craigslist, zillow and if you have it MLS access. Properties like yours are unique. Not as simple to find a rental price as a suburban neighborhood house. It takes longer to find clients for a property like the one you own but the turn over is much lower. Please make sure you screen really well, follow all the MO and federal fair housing rules and regs, and document everything. I have seen a lot of owners get themselves into trouble. Brandon Turner's "The Book On Managing Rental Properties" will give you a ton of great info and keep you out of trouble if you decide to not use a property management company. Good luck.

@Jesse Phouangphet love North of the river. Highly recommend you stick to that area, it is where I recommend for most of my clients. Everything is great up there and you will love the returns. If you need help or info feel free to DM. We have purchased over 100 flips/BRRRs in Clay and Platte county and have helped our clients purchase over 20 - all in the last four years. 

There are some great commercial loans like others have stated. The underwriting for the individual is minimum compared to res loans. On a commercial loan they are underwriting the asset. I love the banks we use in Kansas City. The fees are lower than res. Yes, the interest rates are higher but you get added protection of being under an LLC, no seasoning period, and normally we get our rehab funds rolled into our loan for our BRRRs.

@Evan Bolender I love all of the Norton and Schmidt engineers. They are more expensive but they do really quality work, are true experts, and provide a fantastic report. They aren't afraid to go to court to defend their report either. (That has never been an issue for me but that is something you want if you are going to spend the money on the report - the engineer is responsible if the repairs fail per their recommendation, not you)  

@Lauren Lewis - MAREI is a big one and Bridge. I was running the Northland MAREI for a while. Feel free to DM me. There a few others. I am happy to steer you in the right direction and give you some guidance if you need it.

@Mark S. - thanks

@Shiloh Lundahl thanks, do you have a FB page?

@Melanie Johnston and @Account Closed - thank you both very much. I think I have found someone. I don't need a lot of hand-holding, really just someone to show some houses and push the paperwork through.  LOL. But I would love to connect with both of you.  

@Cody Barna - Phoenix. 

We are seasoned, full-time investors moving out to Phoenix, AZ. What is the investor-focused FB pages or groups in Phoenix? Can't wait to become part of the community and meet some of you.