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Updated over 6 years ago,
New Investor/Flipper in Kansas City, MO Ready to Connect & Learn!
Hello all! My husband and I are fortunate to have an out of state family member who wants to help us start investing in the KC area with a goal to make it a career. What a great community we found here on BP and we're excited to learn all we can in the coming months. We are in the research phase right to figure out the best way to structure the entity/partnership. He and I will likely become licensed RE agents in MO & KS and start networking as much as possible. Until then, we will be looking for an agent to help us find our starter property, a broker(s) once we are licensed and will try to find local meetups and networking events as well. I understand the market is pretty competitive around here but we are optimistic we can find a niche and make this successful.
I had my RE license years ago (before the internet!) so things have definitely changed. We plan to buy/fix/flip single-family homes and build an inventory to keep it growing, but that strategy may change once we know more about the market and what we can realistically do. Our RE license will be primarily to help buy/sell our own homes but may branch that out for income as well. We will both keep our full-time jobs as long as feasible and are lucky to have somewhat flexible schedules.
Thanks to all for your generous advice on these forums!
Michelle