Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: David O.

David O. has started 47 posts and replied 143 times.

Post: Multiple deals but money strapped

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27

Jeff,

I would recommend partnering with someone that is good at raising money for deals. Better to have 50% of something...  

@Ned Carey has a good hint as well. So important to figure out ways to monetize those opportunities. If it's a deal it is easy to find a buyer. 

Best of luck.

@Jeff Hink

Post: Which Self Directed IRA 401k Company Do You Recommend?

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27

If it is a self directed IRA I would recommend Provident Trust Group.

Post: Kansas City Property Management on a Mission

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27

We started Bridge Management LLC (Bridge) to manage our own portfolio of properties. We were frustrated with property managers who did not seem to understand our needs as investors and lacked execution.

We set out on a mission to improve our property management from the ground up. Here is what we found:

-Property Management is about relationships. That relationship does not just encompass the owner and manager. It is a relationship between owner, manager, tenant, vendors and the product (property).

-In order to make any relationship successful the needs and expectations of everyone have to be understood, met and managed.

-Where we started building Bridge was with the end product. What does the end user (tenant) need and expect? This is how we arrived at our mission:

“We pledge to provide safe, functional and healthy places to live”

This is not just a mission but a mutual pledge. We ask our owners (ourselves or external owners) to join us in pledging to provide this to tenants.

-In making this commitment to our tenants we hold those same tenants to a standard of maintaining the space to these standards. When we bring a tenant on board we walk the property and perform a documented inspection. The tenant agrees that the property is being handed off to this standard.

It is now the tenants responsibility to maintain the home to this standard. It is Bridge’s responsibility to hold the tenant accountable to this agreement through the entire relationship.

We use well thought out systems, technology and clear communication to accomplish this mission. What we have found is tenants want what we are offering and property owners love it. Through our mission based approach we can take the relationship beyond a transaction. It creates a bridge to trust based, long lasting relationships.

We are accepting a limited number of new external clients for the first quarter of 2016. Look forward to partnering.  

Post: New Member from Gower, MO

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27
Welcome Jonathan Schneider . That's an awesome skill set to have. My hint for you would be to write down some goals. Suspend the tyranny of how and spend some time thinking about precisely what you want. After you have it worked out what you want... Take a look at the plethora of strategies available in the RE world. What strategy or combination of strategies appeal to you? What are your unfair advantages? What is your edge? Those advantages are the lever you can apply and start moving the stone of financial freedom up the hill. Let me know if I can help.

Post: Buy and Hold - Kansas City, MO

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27
Hi Jason Gullick welcome to BP! This site took me from owning no Real Estate to over 25 buy and holds in the last 6 months. You have the unfair advantage of living in an awesome market where you can lay eyes on some great potential deals. What strategy are you most attracted to? What kinds of "unfair advantages" / "edge" do you have right now that you can start leveraging? Feel free to private message.

Post: Management on a Mission

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27

This is for Kansas City

Post: Management on a Mission

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27

We started Bridge Management LLC (Bridge) to manage our own portfolio of properties. We were frustrated with property managers who did not seem to understand our needs as investors and lacked execution.

We set out on a mission to improve our property management from the ground up. Here is what we found:

-Property Management is about relationships. That relationship does not just encompass the owner and manager. It is a relationship between owner, manager, tenant, vendors and the product (property).

-In order to make any relationship successful the needs and expectations of everyone have to be understood, met and managed.

-Where we started building Bridge was with the end product. What does the end user (tenant) need and expect? This is how we arrived at our mission:

“We pledge to provide safe, functional and healthy places to live”

This is not just a mission but a mutual pledge. We ask our owners (ourselves or external owners) to join us in pledging to provide this to tenants.

-In making this commitment to our tenants we hold those same tenants to a standard of maintaining the space to these standards. When we bring a tenant on board we walk the property and perform a documented inspection. The tenant agrees that the property is being handed off to this standard.

It is now the tenants responsibility to maintain the home to this standard. It is Bridge’s responsibility to hold the tenant accountable to this agreement through the entire relationship.

We use well thought out systems, technology and clear communication to accomplish this mission. What we have found is tenants want what we are offering and property owners love it. Through our mission based approach we can take the relationship beyond a transaction. It creates a bridge to trust based, long lasting relationships.

We are accepting a limited number of new external clients for the first quarter of 2016. Look forward to partnering.  

Post: Local Kansas Portfolio Loans

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27

I am seeking local banks in KS that provide portfolio lending for SFR properties. It will be for rate and term refinance, seeking 75%-80% of appraised value.

Thanks for your recommendations. 

Post: Why to use a property manager.

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27

Post: Title Company in Kansas City

David O.Posted
  • Property Management/ Investing
  • Kansas City, KS
  • Posts 159
  • Votes 27

Have to second that on platinum title