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All Forum Posts by: Michael Modesto

Michael Modesto has started 9 posts and replied 74 times.

Post: turnkey properties

Michael ModestoPosted
  • Investor
  • Chino, CA
  • Posts 76
  • Votes 30

when going turnkey, I suggest finding a provider that is also local to the area that you are purchasing in.  Many companies are out of state, just like the buyers, and they merely act as marketing companies.

Well, just like 50 Shades of Grey, it's a very accurate depiction of my life.

:)

Post: Turnkey Deal Gone Bad...

Michael ModestoPosted
  • Investor
  • Chino, CA
  • Posts 76
  • Votes 30
Originally posted by @Zoran M.:

Also, I'm not a huge fan of "rent guarantees."  That reeks desperation to me. If the property is effectively rehabbed, tenanting it with good people shouldn't be difficult. 

I agree with this....

Post: Property Managers in Kansas City

Michael ModestoPosted
  • Investor
  • Chino, CA
  • Posts 76
  • Votes 30

I use @William Robison as well and have been satisfied so far.

Post: Investor from CA, Stress test my plan!!!

Michael ModestoPosted
  • Investor
  • Chino, CA
  • Posts 76
  • Votes 30

@Rollan Dizon

I reached out to you via PM to get your thoughts on Cash Flow Savvy.  Hope we could connect.

Post: 21 years old - 20k - what to do?

Michael ModestoPosted
  • Investor
  • Chino, CA
  • Posts 76
  • Votes 30

Congrats on starting young!

My first instinct is to look into house hacking, and educate yourself to the brim!

Post: Closed on our 7th House

Michael ModestoPosted
  • Investor
  • Chino, CA
  • Posts 76
  • Votes 30

Kick ***!  Congrats!

@Matt Kvalheim

 @O'brian

@Account Closed

Thanks for the input, guys.  I'll reach out to you separately.

A question for out of state investors who invest in Kansas City ---

Which companies are you using to find and acquire REIs in KCMO? I'm looking to network with recommended and proven providers to help increase deal volume/flow.

My focus is on SFRs and MFHs up to 4 units.

THanks.

M

Post: Seal the Deal or No Deal

Michael ModestoPosted
  • Investor
  • Chino, CA
  • Posts 76
  • Votes 30

As @Blair Poelman mentioned, you'd need some luck to make it work out.

Personally, the town's population number + reliance on a few companies are enough for me to run away quickly.