All Forum Posts by: Efrain Flores

I'm not sure yet, but I think I could get at least $200k out of it. If I do the renovations, probably a bit more, though I'm not sure how worth it that would be. I've been thinking about moving there or to Shawnee. Lenexa feels a bit too pricey for me, but Olathe seems to be growing, so that wouldn't be a bad option either. The only challenge is that I'd probably need to hire someone to manage it while I'm not there if I do an STR, right ?

Yeah, I’ve been trying to rent out the other room, but I’m not sure how to market it without the hassle of having two different roommates. I’ve mentioned it to people at work and some friends who are moving to the city, but my place is either too far for them, or they prefer their own space. I’m sure I’d have better luck if I posted it somewhere. The house is valued at around $230k, and I still owe about $200k on it—not my smartest move, but I’m learning as I go.

Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage. This was my first property, and while it's been a great learning experience, I made several mistakes along the way—ranging from choosing a realtor who was more focused on closing the deal than finding the right house, to having a poor inspection and overlooking issues hidden beneath the surface (literally). After buying this house, I partnered with others to invest in a duplex in the Wichita area.

At the moment, I'm living in Tennessee, and I'm weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800). I've already renovated one of the bathrooms, and I'm planning to paint the interior, update the kitchen cabinets, possibly sand the wood floors, build a fence is a corner lot and increase the rent for the room since my tenant is currently renting the entire 3-bedroom, 2-bathroom house for $800 a month.

Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage. This was my first property, and while it's been a great learning experience, I made several mistakes along the way—ranging from choosing a realtor who was more focused on closing the deal than finding the right house to having a poor inspection and overlooking issues hidden beneath the surface (literally). After buying this house, I partnered with others to invest in a duplex in the Wichita area.

At the moment, I'm living in Tennessee, and I'm weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800). I've already renovated one of the bathrooms, and I'm planning to paint the interior, update the kitchen cabinets, possibly sand the wood floors, build a fence is a corner lot and increase the rent for the room since my tenant is currently renting the entire 3-bedroom, 2-bathroom house for $800 a month.

Hello, I wanted to reach out to anyone that is needing for an extra hand in remodeling or in need of a handyman. I have some free time after work and on weekends. I recently moved to this area but I'm willing to travel if you know any people that need a hand. Message me if you guys need an extra hand or any work done. 

Thank you and have a blessed day. 

Thank you Ryan, I was moving forward with FHA but my lender said 15% was required. I asked my agent to see if we could move forward with looking at houses with a basement to being available to rent one level. Thank you for your help !

Hello, I've been looking to purchase in the KC area because I might be relocating this summer. I was considering buying a duplex, but it seems like a 15% downpayment is required. Is there another option? This will be my first time buying a property.