Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

54
Posts
12
Votes
Jonah Wilson
  • Specialist
  • Pittsburgh, PA
12
Votes |
54
Posts

Hands Tied in Wichita,Kansas

Jonah Wilson
  • Specialist
  • Pittsburgh, PA
Posted

I have an out of state deal with a seller, we have an agreement that takes effect after a lien expired in September. I'm working on a project for the city of Dallas and totally forgot about the agreement from last year in Wichita. I haven't had a chance to visit the property or see it until today and it looks like some squatters(and their dog(s) have been camping through the winter ( God bless them), however, I need to get the wheels rolling on this home. Should I pay off the balance of 8k and look into hiring a contractor and management team or should I turn over the project with it being down to the studs? I'm not familiar with that area enough to assign a house mid-project, I've honestly never heard of that being done. It's still a good deal,  the current market is at $88/sqft. according to analysis. Anyone familiar with Wichita? If so is it a buy and hold market? What would you do?

Loading replies...