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All Forum Posts by: Dustin Street

Dustin Street has started 4 posts and replied 133 times.

Post: Refi or LOC

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40

@Marcus Wright No problem! Let me know if I can do anything else to help

Post: Looking for leads on lesser known markets or sub markets for decent CF/appreciation

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40
Quote from @Anton Tikhomirov:
Quote from @Dustin Street:

@Anton Tikhomirov Congratulations on taking the first steps! Being prepared is honestly all you need to succeed in REI. Out here in KC, we have numerous deals that cashflow, and look at long term appreciation. We even get deals that just need cosmetic updates, meet the 1% rule, and are in a decent neighborhood looking at appreciation. We have several developments that will bring thousands of jobs, upgrades to our airport, new stadium, new resort on the way, and so many other things growing our city every day. You said you looked at the Midwest, have you looked at Kansas City?

I have looked at KC but my analysis was that rents seem very low there compared to some of the more northern locales. Would love to be told I am wrong however. 

 Oh ya! We have low rent areas, but we also have places where rents are 3k+. I'd say average rent is around $1300-$1500 in middle class neighborhoods. I have a property right now, and the rental rates for similar properties in the area is $2200

Post: Looking for leads on lesser known markets or sub markets for decent CF/appreciation

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40
Quote from @Ahmed Saad:

@Dustin Street

What areas of KC do you like for 4 plexes? How about for larger ie 8-20 units? I have been interested in KC for a while.


 Anywhere the numbers make sense! 8-20 is harder to find but definitely doable! KC is an amazing spot to buy and hold right now

Post: Refi or LOC

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40

@Marcus Wright 

Paul Higbie 913-636-7504

Alex Chang 816-520-9355

Both these guys can help you out! I personally haven't done any deals with Alex yet, but he seems like he has some good options. Paul takes care of a lot of my customers though! Both are worth a call!

I'm an investor friendly agent in KC. If you need any other contacts message me, I have several contacts for everything you may need!


Post: On the clock with a $1 mil in a 1031 - what would you do?

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40

Bring that money to KC! We have loads of options for both multi and single family homes. You can get deals that really don't need that much work, have good cashflow, and long term appreciation. 

Post: Sell and Buy, or Heloc and Rent?

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40

@Josh Matteson I'm an agent here in KC, on the investing side of things. We like to think of ourselves as "tip of the spear" since being in investing allows us to see changes first. If you're able to hold onto it, you should highly consider that. I would never tell you what to do, however Johnson County is never NOT in high demand. The prices are ALWAYS going up over there, and as time goes on, deals there are getting harder and harder to locate. With JoCo being one of Zillow's most searched areas, KC on track to be one of America's best markets this year, the growth the city is looking at, and the fact that JoCo is debatably the best suburb in KC, with some of the best schools, holding onto a property there just makes sense.

Hope this helps! 

Post: Looking for leads on lesser known markets or sub markets for decent CF/appreciation

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40

@Anton Tikhomirov Congratulations on taking the first steps! Being prepared is honestly all you need to succeed in REI. Out here in KC, we have numerous deals that cashflow, and look at long term appreciation. We even get deals that just need cosmetic updates, meet the 1% rule, and are in a decent neighborhood looking at appreciation. We have several developments that will bring thousands of jobs, upgrades to our airport, new stadium, new resort on the way, and so many other things growing our city every day. You said you looked at the Midwest, have you looked at Kansas City?

Post: Is it worth doing a BRRRR with higher interest rate?

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40

@Jhenyn Aquino Sure do! Shoot me a message so I can find out a little more about what you're looking for. But Merchants is a company that does a lot of work for investors here in KC

Post: Looking to connect with Single & Multi Family Investors & Realtors

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40

@Courtney Jenkins I can help you set up in Missouri! Both KC(Kansas and Missouri) and STL(Missouri side)!

I'm an agent down here specializing in investment properties. I also have contacts for everyone you need to get a dream team started down here!  

Post: Is KC the only market where rentals can still beat the 1% rule?

Dustin StreetPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 147
  • Votes 40

@Leo R. Good questions! In KC you can hit the 1% rule in both C and B neighborhoods. In most A neighborhoods people aren't renting, but there is some potential there as well. So that's one of the cool things about KC, not only can you hit cashflow today, but you can have nice appreciation tomorrow.

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