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All Forum Posts by: Dan Krupa

Dan Krupa has started 52 posts and replied 715 times.

Post: Kansas City Sewerline Access Issue

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398

@Elizabeth Njuguna to @Jacob Trogan point - you can buy sewer main insurance through KCMO. It is relatively inexpensive. That said, they will not cover you for pre-existing conditions. It is best to get the sewer main inspected, know what you are buying, and then purchase the insurance if a future break is your concern. 

For everyone else out there considering purchasing in KC from OOS - good, investor-focused, rock star agents can help you sort through all this stuff. 

Post: Kansas City Sewerline Access Issue

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398

@Elizabeth Njuguna everything in KC built before 80s and 90s was either cast iron, clay, some combination of those, or on a rare occasion Orangeburg, which they stopped using in the 40s. Cast and clay are very normal. That line could last 100 more years or could go in the next year.  Even plastic breaks, it is rare but it happens. 

1. Don't be scared or apprehensive because the line is cast and clay. That is very normal. My house has clay. Most of the houses we flip are cast and clay. My personal house has to augered once every couple of years because roots grow into the line where the gaskets connect, that is normal. 

2. The seller needs to install a clean-out on the main stack. They don't need to do an outside clean-out.  Be very careful what plumber you use. Many big companies will come in and say you need to do a ton of extra work that isn't needed but the seller does need to install a cleanout on the main stack and then have the line cleaned out. Then allow you to inspect. If they don't want to do that you need to either cancel or accept the house as-is and ask for a price reduction or the seller to pay a portion of your closing cost. 

3. Are you using an agent? If yes, hopefully, they are good and an investor also. If they are - they should easily be able to handle this for you and protect you.


Hope that helps. Feel free to DM me if you need anything else.

Post: Kansas City: BRRRR properties all-in for less than $100k?

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398

@Andrew Syrios haha, and humble brother. The most humble!

Post: Kansas City: BRRRR properties all-in for less than $100k?

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398


@Mel Adams listen to @Andrew Syrios. Those deals still exist but rare in decent areas, depending on your strategy. I have been doing this full time for almost five years and it is rare I am finding deals like for myself or my clients that aren't in terrible areas.  If you need some info on areas DM. I am happy to email you some stuff. 

Post: First Time Fix & Flip in Kansas City, MO

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398

@Tesho Akindele yes to both but primarily not understanding what sells in the market, over flipping, and getting ripped off by contractors.

Post: First Time Fix & Flip in Kansas City, MO

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398

@Mikha Sarmiento we have done 100+ flips in KCMO and have done 30ish BRRRs for OOS investors. My advice is don't! I am not saying that lightly. Even with a good, honest team, you are not going to make money. Most investors, even local ones, on their first flip will lose money. Sometimes up to 40k. Doing it out of state is a huge risk and it is extremely difficult with current market conditions. 

Post: Selling House- New Mortgage

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398

@Mike S. second everything @Mo Weis said

Post: Kansas City Cash-out Refi

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398

@Michael Magnell that is disappointing. The best lenders I know locally will only do 70 or 75% LTV, 75% with a proven track record and deposits on hand. I agree that national lenders are probably your best bet but act quickly.

Post: KS/MO Wholesaling Laws (Kansas City)

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398

@Kayla G Gilchrist that applies to agents only. Lots of people wholesale in MO and KS. I buy from them sometimes. 

Post: Current Buy Formula In Kansas City, MO | April 2021

Dan KrupaPosted
  • Real Estate Broker
  • Phoenix, AZ
  • Posts 747
  • Votes 398

@Morgan McRae we have done 100+ flips in Clay and Platte county, and a few in Jackson. That isn't correct, per se. All serious flippers and builders have a formula or min profit margin too. If the numbers don't work for us we pass. You can usually get OOS investors and new investors looking for a buy-and-hold or cosmetic rehab to pay more. A complicated flip where we carry more risk (structural issues, total gut, busy road, iffy location, etc...) we are not going to buy it unless the numbers work for us too.