All Forum Posts by: Edgar Adkins

@Jason Lavender thanks for reaching out, It'd be awesome to connect and learn more about our ICT REI!

Greetings Fellow Investors,

Ive been a BP member for a few days and am amazed with the overwhelming support, knowledge and experience that is pushed throughout this network. REI has always been a life goal and am happy to have found a site where we can network and grow within this community.

I am a starting investor in Wichita, KS area, holding one property and currently targeting my second. Exciting and challenging times with COVID19!

During my first investment, I was able to purchase under market value 🙌 , and with some rehab it now appraises at 20-25% over the initial purchase+rehab cost! Additionally, CF is almost 50% the overall monthly fees!

Feel free to contact me if you're looking to invest or just wish to connect in the Wichita area, or have sage advise for a young up-and-comer. My expertise is hard work, locating very affordable workers and crime analysis in the Sedgwick County area.

PS. This is my second member intro post, as the first had too many questions, which I'll ask again in their individual posts.

@Jonathan R. I now realize I wrote a book for my new member intro, lol. Thanks for the response either way! I'll re-post and ask the questions in individual posts.

I'm personally hopeful to get a second unit this year, so long as its a good deal. I really appreciate your insight and experience, and will definitely try to make one of these meetings soon! Its great to know ICT is a good place to be for REI!

Greetings Fellow Investors,

Ive been a BP member for a few days and am amazed with the overwhelming support, knowledge and experience that is pushed throughout this network. REI has always been a life goal and am happy to have found a site where we can network and grow within this community.

I am a starting investor in Wichita, KS area, holding one property and currently targeting my second. Exciting and challenging times with COVID19!

During my first investment, I was able to purchase under market value 🙌 , and with some rehab it now appraises at 20-25% over the initial purchase+rehab cost! Additionally, CF is almost 50% the overall monthly fees!

Feel free to contact me if you're looking to invest or just wish to connect in the Wichita area, or have sage advise for a young up-and-comer. My expertise is hard work, locating very affordable workers and crime analysis in the Sedgwick County area.

Below are some questions I feel could benefit myself and maybe other newer members in the comunity:

- Things/areas to avoid while investing in Wichita area?

- Does anyone have investments in class C/D neighborhoods in the area, and what are your experiences? Worth the risk?

- Are HELOCs worth it, even if they create larger monthly payments on loan, in order to finance a new property?

- I've heard people are waiting until 2022 to invest in good deals with the current market in Wichita, any thoughts?

- What are quick ways you've experienced in early investment stages, to finance properties when you start running low on funds (specifically in Witchita area)?

- Are there many partnership opportunities in this area, as there are in larger metropolitan areas in our nation?

- Any hard-fast rules when making offers in today's market (with houses going 10-15%+ over asking)?

- Is it best to self-manage or have someone manage your properties when first starting?

- Any luck with the BRRRR method in this area?

- Are there any local REI meetings or events that are beneficial to RE newcomers?

- What are some of the preferred mortgage loan or broker companies (with lowest rates and fees)?

- Ive heard investors focusing on increasing CF, others on wedge deals (buying under market value) instead, any thoughts?