Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago, 04/05/2018
Hands Tied in Wichita,Kansas
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?
I sent you a PM
@Jonah Wilson What part of town Jonah? Have any cross streets?