All Forum Posts by: Jonathan M.

The property I have is from a turnkey operator. At this stage I want to know the market better so I can make a more intelligent decision. I also intend to make a trip out there work permitting within the next 2 months.

We're of course open to off market deals also and would love to hear of any.

As far as Raytown and Independence, do you see any appreciation in those areas and does Cerner and the new jobs have any effect on those communities?

I own one property in Kansas City, MO and I'm looking to add another property with my business partner @Mehran K. We've found some potential deals just by looking through zillow. Also are there certain neighborhoods to avoid? Also is Cerner having a big impact on the economy and housing prices?

Also any other KC investors that can help lead me in the right direction? Any advice would be much appreciated.

I've been following this thread since I signed up. I'm happy you received good news finally.

If you use fha financing on a non owner occupied property you could get in trouble if the lender finds out.

That is pretty cool.

Count me in.

Where I work, we had our holiday party there. I think it's a good idea personally. 

I'd like to attend another meetup as well. Hopefully it will be on the weekend like the previous 3.

You can partner with another investor. If it's solid enough deal, another investor might be willing to go 50/50 so then you would only have to come up with half the money.

Otherwise you could live in the house for a year and then rent it out. Then you don't need as large of a down payment because you'll be owner occupant. I believe for FHA you have to live in it for a year but I don't know for certain. I'm sure others will chime in.

What had helped for me, besides of course reading and listening to the podcasts is going to the meetups. By meeting successful investors and talking to them in person was huge. What that did was make investing real instead of something abstract that other people do. It becomes real and tangible. 

Meeting people in person is hugely motivating and you learn a ton. You may even meet a potential partner. I'm not big time, just a beginner like you, but if I didn't go to meetups, I wouldn't have dipped my toe in the water.