All Forum Posts by: Randall Stich

@Charles Clark  Thank you for responding I really appreciate it!  I would be open to partnering with out of state investors.  I am of the opinion that learning from someone that has done it and understands the drive and passion is the best way to learn.  I want to learn everything I can from people that are smarter than me, have more experience than me and just want to help a new investor succeed.  I have no problem being a grunt if that means I can learn how to become the general of my own army.

I am not using my home as a house hack due to the fact my wife would absolutely hate it with some one else living in our house and I have 4 kids at home still in a 4 bedroom home with no other buildings on premise that I could even make into a rental or even a garage I remodel into a space to rent. That is a very interesting idea to use credit cards to pay off the HELOC and then the HELOC to pay off the credit cards.

Hello Seth,

Thank you for the advice it’s definitely super helpful and appreciated.

To answer some of your questions: I currently own my home and have steady employment as a Network Field Engineer, which takes care of the bills. My long-term goal is to grow a rental portfolio using the BRRRR method and eventually reach a point where I can live off the cash flow.

Right now, I don’t have anything saved to get started (I know that makes it harder, but not impossible). I also have some blemishes on my credit from a few bad choices a few years ago, but I’m actively working on cleaning that up — I know it takes time and consistency.

I haven’t started looking at properties in person, I have been going online and looking and doing the math to see if anything will cash flow in my area or spoken with an agent yet because I’ve realized I need to slow down and learn how to do this the right way. That’s exactly why I made my post — I want to learn from those who’ve already walked the path and gain the kind of real-world insight that only experience can teach.

Working with and learning from seasoned professionals is, in my opinion, the best way to build a strong foundation. I’m grateful for your time and any guidance you’re willing to share.

Best regards,
Randall Stich

@Seth McGathey

Hi everyone,

I’m new to the investing world and just getting started here in Kansas. I’m based near some of the smaller college towns like Pittsburg and Emporia, and I’d really like to connect with experienced investors who might be looking at these markets or have worked in similar areas.

I’m here to learn. I truly want to make a go of this, and I’m willing to do whatever it takes. I grew up on a family farm, so I’m not afraid to get my hands dirty or work hard if that’s what’s needed.

If you’ve got experience with small market investing, creative financing, rentals, or flips, I’d be grateful for the chance to hear how you approach things.

I’m happy to be helpful however I can here on the ground in Kansas — whether that means taking photos, walking properties, or just sharing local insights. If you’re open to sharing your experience or letting me observe how you work a deal, I’d truly appreciate the opportunity.

Thanks for reading, and I’m grateful for any advice, stories, or guidance you’re willing to share.

Best,
Randall Stich

I had a conversation with The Investor's Edge team, and they shared that I would need to pay $4,000–$6,000 upfront to determine if a property qualifies for funding. They mentioned that if the deal gets funded and I complete the project, I would be reimbursed around $2,300.

There was no mention during our conversation of any ongoing monthly charges, but during my independent research, I came across some mentions of a $200/month fee for access to their system.

Thank you all for taking the time to respond to my original post — your insights and experiences have been incredibly helpful and are much appreciated.

Hey everyone,

I recently came across a hard money lender called The Investors Edge that claims to offer 100% financing — covering both the purchase price and rehab costs. I’ve spoken with someone from their team, and if everything they’re saying is accurate, it sounds like a great opportunity.

Before I move forward, I’d love to hear from anyone here who’s actually worked with them — good or bad. If you’ve had any experience with them, would you mind sharing your thoughts or connecting with me? I’d really appreciate it.

Thanks,

Randall

Hi everyone,

I'm Randall from Ravick Group LLC, and I'm actively exploring a possible new venture: launching a small property management division under my existing LLC. My aim is to diversify revenue streams and, more importantly, create opportunities to partner with other real estate investors.

Having successfully managed my own rental property in the past, I'm now looking to formalize and offer those management services professionally—for a mutually beneficial fee structure.

To ensure I build a robust and compliant operation, I'm currently focused on gaining a deeper understanding of several key areas:

• Licensing Requirements in Kansas: I understand Kansas has specific nuances regarding property management and real estate licenses. Any direct experience or definitive resources on whether a salesperson or broker license is typically required for residential property management (especially if handling leasing, listing, or renting activities) would be invaluable.
• Standard Fee Structures & Models:

• What are common onboarding/setup fees (if any)?
• What are the prevailing ongoing pricing models? Is it primarily a percentage of collected rent, a flat fee per property, or a per-unit charge? I'm particularly interested in what works best for smaller portfolios or single-family homes versus multi-unit properties.
• Are there other fees to consider, such as leasing fees (tenant placement) or lease renewal fees?

• Operational Efficiency - Tools & Automation: I'm keen to learn about the software, systems, and automation tools that streamline daily operations. What has genuinely made your day-to-day easier in terms of:

• Tenant communication & portals
• Rent collection
• Maintenance requests & tracking
• Accounting & financial reporting
• Tenant screening processes

If you have firsthand experience running a property management business, or if you've hired one, I'd genuinely appreciate any insights into what has worked well (or, equally important, what hasn't). Specific tips, recommended resources, or "lessons learned" would be incredibly valuable.

Thanks in advance for your time and expertise!

Best regards,

Randall 

Ravick Group LLC

📍 Kansas

Hey everyone,

I’m Randall, an up-and-coming investor out of Southeast Kansas. I’ve been laying the groundwork — learning the business, analyzing deals, and getting prepped to move from theory to action.

Right now, I’m looking to connect with experienced investors — people actually doing the work — to learn from, trade ideas with, and get a better feel for what’s working in today’s market. I’m especially interested in multifamily and creative financing, but open to all insights.

If you’re up for a quick chat or don’t mind pointing someone in the right direction, I’d really appreciate the chance to connect.

Drop a comment or shoot me a message — looking forward to the conversation.

— Randall

Appreciate all the feedback I’ve gotten so far!

I’ve been analyzing deals and having early convos with investors. Still working to connect with a good funding partner for a promising triplex in Kansas. If anyone’s open to chatting or offering feedback on creative finance routes, I’d love to hear from you!

@E.J. McCaffrey 

Thank you for this — I really appreciate the insight. You’re absolutely right, it’s easy to get caught up in deal-hunting and forget about the backend structure that actually protects and sustains growth.

I’ve been thinking a lot about how to set things up properly — including possibly using a trust to own a holding company, which would then own my LLC. Still learning what’s too early, what’s too much, and how to do it in phases as I grow.

If you happen to have any tips on how you approached your structure early on — or even mistakes to avoid — I’d be grateful to hear them.

Thanks again for taking the time to share this. It really adds value.

— Randall