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All Forum Posts by: Kalen Jordan

Kalen Jordan has started 31 posts and replied 144 times.

Post: Turnkey

Kalen JordanPosted
  • Austin
  • Posts 149
  • Votes 80

Wow sorry to hear that - sounds like a tough situation but great that Justin is helping out so much. 

I had a question about crime rates in the area - is it a low crime area?  Can you share what some of the crime rates are in that area?

As someone thinking about getting a turnkey investment, I'm trying to understand all of the various factors I should be aware of. 

I'm curious to know more about why the real estate investment couldn't be treated as a business expense?

Presumably if you were in the business of real estate investment, the purchase of a property would be a business expense?

Post: Rental property teardown

Kalen JordanPosted
  • Austin
  • Posts 149
  • Votes 80

sorry here is the link. 

http://www.morekc.com/bin/web/real_estate/AR192746/ACTIVATE_FRAMES/HOME_SEARCH/Grandview/1405446938.html

Wow thanks @Ali Boone - that's super helpful.  I'm sure I'll be spending a long time trying to figure out how to make sure to get a good PM once that time comes.  That seems like one of the biggest factors in actually pulling this off successfully.

Post: New member from Los Angeles area

Kalen JordanPosted
  • Austin
  • Posts 149
  • Votes 80

Thanks @Jo-Ann Lapin!

Thanks @Larry Fried - wow that's a big resource!  I'm listening to the podcast now that's been a great way to start to wrap my head around things.  Still not sure what keywords to get alerts on but that's a neat feature and I'll be checking it out once I get a better idea of what I'm looking for!

Post: Rental property teardown

Kalen JordanPosted
  • Austin
  • Posts 149
  • Votes 80

Thanks @Matt Motil - yeah I also found that calculator software and a sample deal that was analyzed by one of the board admins.  So many resources on this forum!  Just barely wrapping my head around all of it.  Thanks!

Post: Rental property investment index

Kalen JordanPosted
  • Austin
  • Posts 149
  • Votes 80

Awesome thanks @Benjamin Pekarek and @Trevor Ewen - I'll put that blog post on my to-read list!

Post: New member from Los Angeles area

Kalen JordanPosted
  • Austin
  • Posts 149
  • Votes 80

Thanks @James Wise - appreciate it!  :)

Post: Rental property teardown

Kalen JordanPosted
  • Austin
  • Posts 149
  • Votes 80
Originally posted by @Sarnen Steinbarth:

There does not seem to be a link to it . . .?

 Hey Samen, yeah I figured a screenshot would be better.  I know that sometimes forums discourage new members from posting links (to prevent spam) and I just joined this forum the other day.

Also I since discovered the forum category on here where they specifically analyze deals and realized that would probably be a better place to look for this kind of thing.

Thanks!

Post: Database or CRM Software

Kalen JordanPosted
  • Austin
  • Posts 149
  • Votes 80
Originally posted by @Nick J.:

I'd like to stay in the know about that for sure.......

I keep coming back to this site:
http://www.realeflow.com/

it seems to have everything I would want/need but unless
I have someone I know tell me it's the best thing since sliced cheese considering the pricing : http://www.realeflow.com/signup.html

I'm ok with paying that much 1 time for a great program, I just can't understand why I would pay 3k down and almost $200 a month.

Hey Nick that looks pretty interesting.  As a software developer and tech founder who is starting to think about getting into buy&hold rentals, I keep thinking of technology angles on this market :)

I was thinking something like this would be amazing - properties that are pre-vetted and analyzed by professionals so that as an investor, I don't have to do any of the guesswork myself on whether it's a good property, whether repair estimates are accurate, whether it will be easy to rent at the estimated rents, etc, etc., I think it would be a no brainer.

If you're looking to invest $25k or $30k in a rental, paying $100/month for a high quality data source I think would be a no brainer.

Do you know whether realeflow actually works as well as advertised?