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All Forum Posts by: Wyatt Seidel

Wyatt Seidel has started 9 posts and replied 66 times.

Post: Investing in Kansas City: A City Poised for Growth

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62

Couldn't have put it better, Alex. This is the time to get in before it's too late!

Thank you for posting all of those updates to check out! Not to mention, I hear we're getting an NBA team by 2025...

Post: What Are People's Biggest Hold-Ups?

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62
Quote from @Bob Stevens:
Quote from @Wyatt Seidel:
Quote from @Bob Stevens:

Also making things more complicated than it needs to be. If they would stop reading books and watching videos and actually got 1st hand experience, they would feel so much better. Its not rocket science :)  


Absolutely agree. Don't get me wrong, when first learning its crucial to research for a bit. BUT then you can get stuck in the horrible analysis paralysis. Learn enough for a few weeks, then hop in. Experience is the best teacher


 Yep then I provide exactly, (actually better) what they ask for and they still do not pull the trigger. So may tire kickers. 


 Day in the life!

Post: What Are People's Biggest Hold-Ups?

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62
Quote from @Bob Stevens:

Also making things more complicated than it needs to be. If they would stop reading books and watching videos and actually got 1st hand experience, they would feel so much better. Its not rocket science :)  


Absolutely agree. Don't get me wrong, when first learning its crucial to research for a bit. BUT then you can get stuck in the horrible analysis paralysis. Learn enough for a few weeks, then hop in. Experience is the best teacher

Post: looking for RE agents who are also investors- Kansas City, MO

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62

Hey Joe give me a shout! I would love to connect with you in the area. I'm an agent and investor in the area.

Post: What Are People's Biggest Hold-Ups?

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62

Naturally, real estate is a risk when it comes to flipping, renting, STR's, whatever. Minor risk, but investing is a risk.

That being said, there are a lot of drawbacks when people are looking to get started. Me personally, before my wife and I bought our first duplex, my big thought was, "how do I get the money?" 

I feel as if the financial barrier is a huge setback. But I'd like to hear what are some other setbacks when people first got started, ASIDE FROM FINANCES/CAPITAL

Post: First Time Homebuyer 2 years ago - ready to invest, now what?

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62

Great question Alan! If you are using a lender, make sure they put a mortgage lien on the property. For my second property I purchased, I didn't have my lender put a lien on the house, then when I was done remodeling within three months and went to refinance, I wasn't allowed to refinance within six months because of title seasoning. And thus had to wait an additional three months before I was allowed to refinance and pay back my lender.

If you're buying in cash (your own capital), this doesn't pertain to you. But if using a lender (private or hard money) and you have to pay them back at some point, make sure to have them place a mortgage lien on the property so you don't have to wait for title seasoning.

Post: List ranking KCMO neighborhoods... is this accurate?

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62

Hey George! I'm an investor and agent here locally in the Kansas City area. Don't listen to Bob up there telling you it's a waste of time. It's better than what other people are doing by actually giving it some thought and trying to learn. I would love to connect and chat with you about this area. I'm going to message you.

Post: What to do with my money

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62
Quote from @Jared Hottle:

I would look to do the BRRR strategy into long-term or short-term rentals. the 360k should be enough to get you a house and a rehab budget in a midwest city. Fix it up, rent it out, refinance it and do the same thing. Leverage that 360k perpetually for life and watch it turn into millions! It can be done.


 To piggy back off Jared, that 360k will get you astronomically farther in the midwest and only continue to make that bankroll grow. In the midwest we are still blessed with the accuracy of the 1% rule for the most part. I'm located in Kansas City and would love to chat about what my wife and I have done out here.

Post: Searching for Unicorns...

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62

Hey Robert, I'd love to chat with you about the Kansas City market! My wife and I have found great success when it comes to owning over here which I feel is hard to do outside of the Midwest. Give me a shout if you're interested to hear more. I would love to connect.

Post: Starting out with 50k

Wyatt SeidelPosted
  • Investor
  • Kansas City
  • Posts 70
  • Votes 62

Kansas City. My wife and I have been able to cash flow and acquire some rentals and do some flips out here. Simply one of the best areas to get into while you still can. It's only going to be growing and growing with the World Cup in 2026 out here, NBA team in 2025, and Super Bowl win