Kansas City Volker/KUMED rent/flip

[Amber Rugan]

I was contacted about an elderly homeowner who wants to sell near KUMED. 

4100 blk of Bell 

4/1 

1300/1500 sqft (zillow/county difference)

Desires: Fast and easy. (leave all the junk and no repairs)

Zillow: 167,000 

Asking: 132,000 hopefully but happy for anything over mortgage. I want to be fair. 

Owes: 107,000. 

I am exploring both renting and flipping. 

A real estate agent residing in the Volker Neighborhood suggested the market prices keep rising even for houses in disrepair and thought this 4/1 could bring in the mid 250's with a remodel including an added bath, updated kitchen, second bathroom, and landscaping.

J Scott's flipping and estimating books have been helpful but I want to walk the property with people experienced at estimating Rehab costs and ARV.

Analysis?

KC contacts?

flip/rent/?

[Tim C.]

Hey Amber, we have done several flips  the KS side. Would be interested in looking at it or at least talking to you about it and what you do.