All Forum Posts by: Logan Freeman
Logan Freeman has started 11 posts and replied 292 times.
Post: buying multiunits out of state. Where are there still good deals?

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
@Josh Gold @Kurt Pauley KC is a great market for cash flow and not a “depressed” area by any means. Good locations still pulling 8-9 CAPs with solid population growth and other leading indicators. If you’re interested in KC plz feel free to DM me. Work exclusively with out of state investors-i agree, having boots on the ground is very important!
Post: Which Kansas City Metro is Better? Independence or Lenexa

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
@David S. Lenexa is in Kansas. Downtown KC is in Missouri. Independence in Missouri. Vastly different feels, and end users. Lenexa has great schools and the development around the city center is incredible. Kiewit is moving a large portion of their employees there. We build SFR in Lenexa. I like certain parts of eastern Jackson county-lees summit, blue springs etc. Two totally different locations.
Post: Which Kansas City Metro is Better? Independence or Lenexa

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
With that being said, @David S. I would pick the one in KS.
Post: Out of State Multifamily Markets

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
@Paul Rumolo we specialize in buildings 10-50 units and understand that these do not come “online” often. You need to have an “in” for these properties. I am sure @Jake S. would agree this is similar on the larger assets as well.
Post: Which Kansas City Metro is Better? Independence or Lenexa

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
@David S. I think you need to start with the end in mind. Not sure what your investment goals are and if they align with the business plan. I second @Hadar Orkibi in saying the GPs are more important than the location. Happy to chat with you as I am local and a sponsor here as well.
Post: Recs on MF agents, wholesalers or syndicates?

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
@Hadar Orkibi Thanks for the shout out. Here's what I am seeing: non clear expectations being set on the first conversations. In KC right now, it's a fantastic rental market and vacancies are low. Prices are expanding - with that being said, many older generational folks are looking to sell their holdings. So in many instances we are unable to "cash-flow" properties from day 1 unless we are going to do an overhaul of them and raise rents. Currently, I am helping 4 clients do this. Appraisals are all "as-completed" and they are longer term transitions. Hope that helps.
Post: Kansas city out of state investors

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
@Phil Kessel yes I have a resource that shows on a map the different areas that I like to direct my clients to. Feel free to DM me and we can dive in.
Post: Section 8 property managers in Kansas City area?

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
Scott Alexander, Premiere Properties - happy to make a connection
Post: Referrals for Mortgage Brokers

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
@Chung Cam residential or commercial? Either way I can make some introductions for you!
Post: Setting up a partnership for a large multifam purchase

- Specialist
- Kansas City, MO
- Posts 331
- Votes 148
@Reggie Maggard DM me and I can get you hooked up with my local securities attorney, BJ Craig.