All Forum Posts by: Caleb Brown

What's the Houston market like for the average cap rate? For the Kansas City market the cap rate is 8%-12%. Also how is the appreciation there? 

If it was me I'd pass on it. Find a different deal or go a little farther out. You are banking on appreciation and no repairs popping up. Don't rush into a negative cash flow deal.

@Roshan K.

2.4 is the market supply. What it means is if no inventory popped up then it’d take 2.4 months for everything to sell. If that number is under 6 it’s a sellers market. The regional board of realtors for Kansas City does those stats every quarter. You can only access that if you are a realtor here in Kansas City

@May Emery

Great advice. I know someone recommended DataZipp, you can select different categories and pick people who are struggling others their mortgage.

@Matt Pastier

That’s a brilliant idea! I’ll give a call to some tomorrow. What if they have property management?

@Umar Awan

What verbiage works best?

@William Brown

How's real estate so far?

@Greg Dickerson

Thank you, appreciate it!

@Greg Dickerson

Where do I purchase lists that have that info? I will try driving for dollars.

@Anjana Dadlani

Great thank you!