All Forum Posts by: Jin Lim

Are you a serious investor who is tired of online networking? Do you want to meet like mind individuals who are doing deals and making things happen? Then this is the in person event for you. Our panel of experts will answer any questions you might have on active investing and network with you in a small group setting. Bring your business cards because it's time to NETWORK!

This in-person networking event is for serious investors in real estate who live on Oahu. $25 entry fee with complementary drink included. Please go to https://www.eventbrite.com/e/fo-real-estate-meetup-tickets-172221608467?aff=ebdssbdestsearch to reserve your seat today. Spots are LIMITED!

@Steven May I'm also an out of state investor in the KCMO market and I'm looking to connect with more realtors in the area. Do you mind if I send you a request to connect?

Welcome, Evan!

I’m also a newer OOS investor in the KCMO market. I’m working with a more experienced partner and we took down our first deal together!

Feel free to connect and ask any questions. I could always ask my partner if there is something I don’t know.

Hey, Joe.

I have an investor friend that I trust that's helping me with my BRRRR. He's been investing in to KCMO market for years and has even started breaking into commercial properties there.

So far, everything has been great with my first BRRRR! He had very solid contracts for us, for the PML and I, and also between me and the general contractor he trusts.

We keep all of our BRRRR-related communication on Trello. We also analyze new properties together on that as well.

I get weekly updates with photos and I get a call/text whenever a problem arises.

So far, no major problems. *crosses fingers*

I did have to tap into our contingency rehab budget due to a minor electrical issue that we didn’t catch on the initial inspection, but nothing that has caused the deal to go south.

As for finding the right person? I partnered up with my more experienced buddy and he’s showing me the ropes. Of course, that means I had to fund rehab.

Feel free to shoot me a message if you have any other questions!

Hey, Joe!

I'm also a new OOS investor in KCMO! I'm about 2-3 weeks from wrapping up the renovation portion of my first BRRRR!

Feel free to connect!

Thanks,

Hello!

I too am an out of state investor in KCMO and currently have a BRRRR in progress!

Just wanted to say hello and feel free to send an invite to connect! 

Thanks,

@Kevin Leahy I was worried that I would be turned away at the door after the long commute over there! Glad that wasn’t the case. 
I look forward to next month’s meetup!

You'd want to use cash for the initial purchase. So whether that be your money + hard money or your money + private money or none of your money + hard money/private money. The reason you'd want to use cash is because you will have much more leeway when it comes to negotiating the price of the property.

You would also ideally want to talk to a bank or any other mortgage lender to make sure you qualify to refinance out once you're done with the flip. They won't really give you an ARV until after everything is said and done, so make sure you get some accurate comps from a realtor or through your own research.

I also just checked the MeetUp link and it says it's Not Open.

Will I be able to walk in tonight?