All Forum Posts by: Account Closed
Account Closed has started 2 posts and replied 26 times.
Post: Analyzing Property financials
- Albany
- Posts 29
- Votes 6
@Tony Stancato Lots of good input here. Although I also feel the vac. rate is on the low end, if in fact it is accurate it may be a hidden opportunity to increase NOI. It could be an indicator that rental rates are below market rates. By increasing rents to be more in line with industry averages for your area you could effectively increase Revenues and NOI.
Post: Looking for General Contractors
- Albany
- Posts 29
- Votes 6
@Keegan Tosser Shoot me a PM and I can get you the contact info of who we use for some of our projects.
Post: Crossroads Third Wednesdays
- Albany
- Posts 29
- Votes 6
Hi @Andy Davey where can I obtain more information about this?
Post: Real Estate Tax Accountant
- Albany
- Posts 29
- Votes 6
Thanks @Steven Hamilton II Much appreciated. I'll check them out.
Post: Real Estate Tax Accountant
- Albany
- Posts 29
- Votes 6
Hello Kansas City, Missouri and Kansas BP members. Have a friend that is looking for a good Real Estate Tax accountant. Any recommendations would be great!
Thanks!
There are a few meet ups that take place here in mid-America location. One place to get started may be with Mid-America Association of REI. Here's a good site to reference:
Post: Best Sites For Renting Your Property: Kansas City
- Albany
- Posts 29
- Votes 6
@Michael Glaser then you should be good. Your login information with Postlets will still be the same. At one point they would also market on many other syndicate sites, buts that's no longer the case. I typically have no problem with simply using Postlets/Zillow.
Post: Best Sites For Renting Your Property: Kansas City
- Albany
- Posts 29
- Votes 6
I use to list with Postlets. Believe they have been bought by Zillow so you may be redirected.
@Kim Tucker does your company have a list of wholesales you send out when they become available?
Post: bought a house in Detroit BLIND
- Albany
- Posts 29
- Votes 6
I don't know much about the Detroit market, but I am aware of Kansas City, MO. Couple things I would consider that I haven't heard mentioned too much are your expenses. You're collecting $550/mo in rent. You will want to budget for expenses like maintenance, vacancy, CapEx, taxes/insurance, and management should you decide to do it. Depending on the age of the home, weather it's a B, C, or D SFR, you could find that $550/mo. being more like $100.