All Forum Posts by: Emily Hill

I would paint the first level (brick) white and second level (I’m assuming it’s vinyl or wood siding) a royal blue for more dramatic look or beige color for a fresh look. I’d keep the railing black and leave colums white. 

Hi Rachel, I am from CA and want to invest in the Kansas City market as well! It is so darn expensive to invest in CA and know that we can get more bang for our buck in the Midwest. 

I know having a great property management team is crucial for us out of state investors. 

I have started compiling and narrowing down different property mangers and these are the ones with the best reviews that I found in Kansas City, Kansas. 

Hello, I am a new buy and hold investor and new to the Kansas City market. Is it better to buy on the MO or KS side? Recommendations for realtors? 

Hi Scott!

I am from CA as well and have quickly realized that my money can go a lot further in the Midwest than CA. Plus, the taxes in CA are crazy high which cuts into cash flow. 

MUST READ!! "Long Distance Real Estate Investing" by David Greene (They have used copies on Amazon for a discount and it is available via audio book)

-This book will set the foundation for out of state investing. I just finished this book via audio book and it is amazing! It explains the basics of everything you need to know. The secret to out of state investing is having a good team around you (realtor, property management, contractors, lenders etc.) 

Educate yourself through real estate books, podcasts and lots of research! Oh and of course Bigger pockets! The more you take in, the more your real estate investing abilities will grow!

Hi John, I am new as well! Congrats on setting up an account with Biggerpockets! They have so many resources to help us new investors. 

I too started listening to Biggerpockets and got addicted fast! As a newbie myself, I’d Recommend reading any real estate books you can get yours hands on. Amazon has great used books as well at a discount. I was unsure what market I wanted to invest in or where to start but as I educated myself by reading and researching it has helped me become more confident in my real estate investing abilities. I found that audio books fit my lifestyle better than reading. I’ve already listened to 4 audiobooks in the past week. 

My best advice for you is to continuously educate yourself, put yourself out there (as you are doing now), make connections and keep up with real estate trends.

Here is a list of my favorite books so far (in no particular order):

“Long Distance Real Estate investing” by David Greene 

“The book on Rental Property Investing” by Brandon Turner

“The book on investing in real estate with no and low money down” by Brandon Turner

Hope this helps!

Hi Frank, @Frank Wong

Thank you for your response. I plan on meeting with a lender next month.

You are right, seeing how much I qualify for will help me narrow my search.

I guess I’m struggling with whether to rent my current house out and buy another home,live in it and then rent that out (house hack)

Or if I should just buy an investment property, see how it goes and then move out of my current home when I am more financially stable. 

Hello, I bought my home two years ago with cash that my father had left me. I have a job that does not pay well but I don’t have any debt except for a few hundred bucks on my credit card. I have good credit and a decent savings account. 

It’s all a little overwhelming the different routes I can take to start my journey in rental properties (I’m very thankful to be in this position) 

Any ideas on how I should get started? 

My goal for now is to create good cash flow as well as buy and hold. 

Thank you for your time

Emily 

Fresno, CA