All Forum Posts by: Aaron McCarty

Maria - did anyone share this with you? I am looking for something similar. I am a realtor in Kansas and I've looked through my state board documents site to see if I can find one but I have not found one. Anyway, if someone shared, would you be willing to re-share :)?

Welcome Jenny! I also encourage you to meet up with our Wichita REI group. Great place to start some local connections

It looks like my wife has been impersonating me again but I am so glad she asked these questions. Everyone has been very helpful. We currently live and invest in Wichita KS and appreciation is slow and steady so we look mostly for high cash flow. We mainly look for a monthly cash flow of $250 or higher with a CoC return of 12% or better but we do deviate if one is substantially high while the other metric is lower. The "Pro Forma Cap Rate" and the "Purchase Cap Rate" we don't have a good feel for what the numbers should be. Thanks everyone for the insights.

Though I’m not new to investing, I am new to formally analyzing deals. And...I don’t know what to look at anymore. When I run analyses, I don’t understand which figure to focus on to see if the investment is a good deal or not. Do I look at cap rate, pro forma cap rate, cash on cash ROI, or does it depend on what type of deal it is (i.e.: rental, flip, BRRR)? Or, in what scenarios/instances do each of these matter more or less? I’ve Googled what each means and I understand, but can’t seem to apply these concepts to my analyses. Thanks in advance!

Hello Jeremy,

Welcome from Wichita and congratulations. We are looking for multi-family too but we just bought another house the other day because we couldn't pass on the deal. We'll eventually get one of those multi-fams.

Hey Jared! Good seeing you at the Wichita REI meeting tonight. I thought I remembered corresponding with an Army guy earlier. LOL

Hello Jared

We have a monthly "Wichita Area Real Estate Investors Association" meeting this Saturday at 5PM at the Range 54 at 5725 E Kellog Drive, Wichita, KS. It's a really good place to meet some local investors.

@Patrick Purviance Cool! See you this Saturday

Alex Peransi i signed up on Meetup.com and found a Wichita REIA that is meeting this Saturday. I don't know what to expect and I'm not sure if there will be any BiggerPockets people.

Looks like I'm 3 months behind but I would also be interested in joining. We have 5 rentals and looking for some more and wanting to network.