All Forum Posts by: Jeremy Hostetter

Thanks both of you for responses...

@Kurt Phillips - I don't know if it helps, but I am a licensed agent, so the commission could be minimal in that regards.  

@Jason D. - if complete tear down, I could probably get something closer to about $60k on the property.  How would I find a builder to do this for me?

I am considering my first first into a flip. The link I posted below is a property I found on MLS for dirt cheap. But a lot of work would need to be done on it, which is where I would need the most help. The house is listed at $14,900, and I feel this house in good condition could go easily for $35k. So I throw it out and ask, what would you do with this property?

Buckner house

Hello everyone,

I just wanted to come on here.  I am one of those people Josh refers to that posts one post, then am never heard from again.  I will say I have been a behind the scenes lurker, but think I was confused on what path I wanted to take to start my real estate journey.  After a failed attempt at an investment property (failure due to confusion), I decided to still work my FT career, but start the process getting my real estate license.  I have finally reached that goal, and am looking to start helping others with their real estate needs.  I am based outside the Kansas City metro area on the Missouri side, and currently have the MO license.  I have started studying and am trying to find a time to sit for the KS testing, realizing that with a FT career in KS, I have a lot of connections on that side of Kansas City.  

I hope to let everyone know more as time progresses.  Just figured I'd give a better introduction than my last post.  I do hope taking this path opens up many other doors for real estate.  I find the industry very fascinating.  And with the BP podcasts, get excited with each show on each avenue that is discussed.

Well thanks for taking time to read.  Let me know if you have any questions.

So bad idea?

I found this property, and think it would be a nobrainer:

 http://www.zillow.com/homes/for_sale/fsba,fsbo,for...

If I bought for the cheap $15,600 price, and tried to turn around and sell again for the Zestimate and make a little bit of money.  I know the Zestimate is probably not a good indicator, and that there are a lot of other foreclosures around it, but even selling for $25,000 would be a good turnaround for a first timer wouldn't it?  Let me know how clueless I may be.

Thanks

My goal for 2015 is to land my first deal.  Not necessarily sure which way to go, but I think I had an idea that I'm seeking guidance on.  We were visiting some friends over the weekend, and across the street sits an empty house that caught on fire about a year prior.  I asked my friend what was going on with it, and he said it sat with very little work being done on it.  My questions for BP are:

• Is a house that caught on fire, and very little work being done on it a good start?
• If so, how would I get started?
• Is this a good example of flipping?

Sorry for generic questions, I'm still new enough that I am not fully sure how to get my foot in the door.  Thanks for any feedback!!!!

Hello everyone,

I just wanted to introduce myself.  My name is Jeremy Hostetter, and I am from a small town just about 20 miles outside of the KC metro area on the Missouri side.  I currently do not have any background in real estate, other than an interest in about for about the last five years from various readings and online searches.  I discovered the BiggerPockets on Stitcher, which between both brands are my favorite discoveries from last half a year.

Before discovering BP, I started reading up on being a landlord in hopes to get my feet wet in real estate through this route.  But after hearing a podcast about wholesaling I am now more interested in this venture.  My story has yet to be told, but I am hoping that the journey will be mostly positive from this point on.