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All Forum Posts by: Logan Freeman

Logan Freeman has started 11 posts and replied 292 times.

Post: Invest Nationally Buy/Hold or Flip

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

@Jon Sidoti How's this going for you? Have you explored Kansas City?

Post: Kansas city out of state investors

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

Hey Guys, I would like to chime in and offer any insight to the area, as we are active here in Kansas City. Some great things happening here. Let me know your questions!

Post: vacancy rates in greater KCMO

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

And another one... https://www.zumper.com/blog/2019/01/zumper-national-rent-report-january-2019/

Post: vacancy rates in greater KCMO

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

@Ryan Fox this also might help: 

https://www.abodo.com/blog/2018-annual-rent-report/

Post: Recs for Insurance companies?

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

I would reach out to @Matt Moylan He is a great guy and for sure can help on this front! 

Post: vacancy rates in greater KCMO

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

Ryan, check out the links below 

https://www.deptofnumbers.com/rent/missouri/kansas...

https://copaken-brooks.com/wp-content/uploads/2018...

https://www.fanniemae.com/content/fact_sheet/multi...

These sources should help give some color in answering your question. @William Robison could chime in here. With managing hundreds of units, I would think that he might have some insight into trends better than an outsider might. 

Happy New Year! 

Post: Seeking Johnson County 2-4 Unit (Househack)

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

@William S. anything is possible if you set your mind to it! It might be a bit more helpful and people might be more willing to chime in if you get a tad more specific on your question - "Is this possible?" Of course, it is: you could go buy a 1-4 unit in Johnson County, but it might be a terrible investment if the property is priced too high and a number of other factors. I know quite a few people investing in Johnson County and I would reach out to @Paul Branton. I am happy to chime in once we have a clearer understanding of what it is specifically you are asking about! 

Post: Kansas City multi-family property tax before and after purchase

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

@Jessica Owen I found this article to be extremely helpful. 

https://www.investopedia.com/articles/tax/09/calculate-property-tax.asp

Post: Kansas City multi-family property tax before and after purchase

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

@Suzanne Nelson we use a formula, see below. 

Jackson Co
Market Value213200
Times0.32
Assessed Value68224
Divided by100
682.24
x Levy Rate10.2126
Property Taxes6967.444224
Notes Sale doesn't affect property value, it just affects overall county wide trends. Look at previous Market value to get trend.

Post: Grant Cardone says go bigger!

Logan FreemanPosted
  • Specialist
  • Kansas City, MO
  • Posts 331
  • Votes 148

@Alec McGinn I have read just about every book Grant has put out, and even been on his podcast with Jarrod. I used Grants advise - I went big first, but I got educated before that. Put yourself around people that have done it before, add value to them and see if you can get in a big deal. I have completed over 120 BRRRRS for investors this year - all SFR and small multifamilys and have decided that is not the route I personally wanted to take.

It seems the GC's methods are working.....because we are all here talking about him. Hate him or love him, he's playing the game at a high level.