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All Forum Posts by: Luther Wilson III

Luther Wilson III has started 112 posts and replied 416 times.

Post: Investing in D/F neighborhoods

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

@Vann Calhoune Yessir, I just sent you a direct message.  Let's talk.

Post: Handyman recommendations in Kansas City

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

Hey @Lance Carpenter, let us know how we can assist you.  What kind of jobs or maintenance are you looking to get done? 

Post: Investing in D/F neighborhoods

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

Hey @Vann Calhoune, investing in the roughest areas of KC is not a joke.  Nonetheless, there are some interesting opportunities to be had...  IF the properties and entire process is handled a certain way then some investors may get by and profit but you'll have to dig deep and determine if it's really worth it at the end of the day?  What are you looking and how could we assist you?

Post: Wholesale Contract From Out Of State Absentee Owner -Missouri

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

Hey @Roland Smith, did you get things squared away with your deal here?  Let's us know if you're still working on it or need a hand...  Are you wanting to wholesale the property or what?

- Luther

Post: Kansas City Area BRRRR Investor Just Getting Started

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

Hey, @Jeffrey Rice.  We're here on the ground in KC as well...  Let us know how we can assist you.

- Luther

Post: California investor looking to set up team in Kansas City, MO

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

Hey, @Steve Hicks.  There are quite a few professionals on the forum here who are on the ground in KC who might just be able to help you reach your goals.  Let us know how we can assist you.

- Luther

Post: "Subject to" in Jackson County Missouri

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

Hey @Jarrad Henry,

"subject to" deals are my favorite.  I wouldn't say that this purchase method is antiquated at this point in the game but they are certainly harder to find in this market.  I could be wrong but I think these types of deals are best found in a "down" market...

Right now is a very interesting, weird, kinda frothy, "up" type of market.  When properties in and around certain parts of Jackson County are selling for higher than ever seen before, it really makes you wonder what the heck is going on and how long it's going to last.

It's been good in a lot of ways but it's also challenged and forced a lot of real estate professionals to rethink what they're doing, how they spend their marketing dollars, question the older business models, methods of doing business, and so forth.

As a realtor/broker, there's no question that our time is best spent working with sellers and getting as many listings as possible while, of course, focusing on the higher dollar/income spending type of buyers, syndicators, developers, etc.

As an investor, the thought of buying turnkeys and utilizing traditional investor types of financing to capitalize on these low interest rates has become very attractive. The BRRR strategy could be part of this as well.

As a psuedo wholesaler/marketing machine, people have really had to ramp things up with the marketing and be more aggressive to try and find those motivated sellers  who really need to sell and sell fast.

As a property manager, it makes sense to put the pedal on the metal here...  With all the people getting into multifamily and the sheer lack of quality property managers in & around KC, to me, it only makes sense to grow this portion of a business as much as possbile and then wait for the next correction, while doing everything else we do.

Hope all this helps...  By the way, the subject to contracts can be found through a solid real estate attorney or title company that knows what they're doing.  Ask around enough and you'll find what you need.  ;)

Post: Newbie In the Kansas City Area

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

Hey, what's good, @Marnell Thomas!  Kansas City has lots to offer...  There are a # of really good real estate investor groups here that meet on the regular and you'll see some major players from KC that'll post of the forums from time to time.  Get plugged in and let us know how we can assist you.  :)

Post: Midwest investing- where is cash flowing!?

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

Hey, @Jennifer Greuel!  You might just want to consider Kansas City...  Let us know if you need a hand getting up to speed with the realities of the market here.  :)

Post: Kansas City Area— Who? Where?

Luther Wilson III
Posted
  • Real Estate Broker
  • Kansas City, MO
  • Posts 454
  • Votes 287

Hey, @Jake Bailey!  Kansas City has been getting lit up by investors and developers lately...  Find the ropes, get in where you can and hold on!  :)    We're here to help.  Let us know what you're looking to do and what kind of deals you want.