All Forum Posts by: Cameron Leckliter

@Kevin P McCarthy

Thanks so much! That helps alot.

I've been searching Google but never finding the answer I needed. This really helps point me in the right direction.

So I've narrowed down my area of intrest, and I've found a few properties that have caught my eye while driving around (a few 4plex's, distressed and such).

I've done some searching, found the owner(s) under an LLC.

How does one go about finding the owners if the property is held under a LLC?

I cant use List source, location is in Kansas which is apparently excempt. My current line of thinking is to talk with the residents and see if I can get some contact info, but wanted to ask here before proceeding.

I live in Spring Hill, work in Overland Park. 

Rather new to activly investing myself but feel free to send me a connection invite and/or message!

Awesome!

Thank you everyone for the input.

I guess it's a bit weird for me to sign this. Ive purchased 3 houses so far in my life (all 3 were for me and my family, with 1 kept as a rental) and throughout those I've never signed one of these before even with the selling on 1 house.

I'm trying to be better on relying on others, and I guess there just figuring out if signing this is worth it in working with this agent.

I recently had an agent that I know over to talk about investment properties ect. I was really just looking to see what all he knew investment wise and if he'd be an agent I'd want to use if he knew his stuff.

Well he's wanting me to sign an agent exclusivity agreement.
Is this typical or even a good idea? 

I was more under the impression I'd want to not be tied to any individual agent so I can try to leverage the selling agent (so the selling agent would get dual commession). Also not sure what impact this would have to any off market deals.

Any thoughts?

I currently own (through various circumstances) my only rental property outright. House has been a rental since 2016, 2/1 renting at 1100mo (which is on the low end). Based on similar houses its worth around 180k.

So now I'm needing the funds to really get things going. Ideally I'd like to BRRR so I can make the most of whatever cash I can leverage, but with the market I may not find many deals (at least not at first). Looking at buying SFH, but would rather get into storage units if I could or multi family. (Still learning)

I've been leaning towards HELOC, with less fees and the "credit card" type use. Local credit union offers a 2.74 for the 1st year, 3.99 after. I'm still looking into rates for equity or refinance, but I assume they are close-ish.

Just wanting to know what more experienced investors would do.

Thank you in advance!

I currently have 8 in my personal backyard I'm planning on burning haha

But at my rental property, when it was my primary residence, had 4 large stumps (we cut down the trees). Paid a guy around $400 to bring in a big stump grinder and they were nothing but chips in less than an hour.

Call around and get a few quotes. Personally I'd get it ground before you sell, just as it will likely deter a few potential buyers and it'll just look nicer.

Any reason you chose 25% down instead of 20%? 

Renovations look great! Materials have been hard to come by around here, everyone is out building since they are now home all the time.