All Forum Posts by: Alex Eickhoff

Hey all!

I’m Alex, the owner of ALEX PAINTS, a painting service specifically tailored for real estate investors and property managers. I specialize in quick turnarounds for rental unit refreshes between tenants, ensuring your properties stay in top condition with minimal downtime. As a one-man operation, I offer affordable, high-quality work without the overhead of larger companies. If you’re looking for reliable, fast, and cost-effective painting services, I’d love to help! Feel free to reach out for a free estimate or more info.

(Personal context: I'm currently living in my first house-hack duplex in Raytown, MO with my soon-to-be wife. We did full cosmetic renovations to both units in under 4 months last year. We plan to acquire one or 2 more multifamily properties to house-hack/value-add in the next couple years. Hoping this painting business will get us closer to that goal, while also providing an affordable painting solution for fellow investors. I also paint custom murals, which can help your short term rentals stand out!)

-Alex Eickhoff

ALEX PAINTS

eye cough art

Hey all!  

I’m Alex, the owner of ALEX PAINTS, a painting service specifically tailored for real estate investors and property managers. I specialize in quick turnarounds for rental unit refreshes between tenants, ensuring your properties stay in top condition with minimal downtime. As a one-man operation, I offer affordable, high-quality work without the overhead of larger companies. If you’re looking for reliable, fast, and cost-effective painting services, I’d love to help! Feel free to reach out for a free estimate or more info.

(Personal context:  I'm currently living in my first house-hack duplex in Raytown, MO with my soon-to-be wife.  We did full cosmetic renovations to both units in under 4 months last year.  We plan to acquire one or 2 more multifamily properties to house-hack/value-add in the next couple years.  Hoping this painting business will get us closer to that goal, while also providing an affordable painting solution for fellow investors.  I also paint custom murals, which can help your short term rentals stand out!)

-Alex Eickhoff 

ALEX PAINTS

eye cough art

 Thanks Dave! 
That’s a great idea. Is there a resource on this site where I could do that? Or do I need to go to a lender to get the hypothetical scenario? 

I've had my LLC for just under 4 years.. 2020 I broke even, made a modest profit in 2021, and healthy profits in 2022. Just not consistent paychecks. I think I could save a little more this spring/summer and manage 5% on deals in the areas I'm looking at. maybe be ready to buy in the fall.

Correct! First time home buyer. I am familiar with FHA loans. Is that something I should consider in for my first purchase?

Hey everyone!  Wannabe investor in Kansas City area. First post.

I’ve been wanting to house hack for a solid 5 years and still haven’t pulled the trigger. Seems every week I change my mind about which strategy I want to pursue, so I’m hoping to get some reassurance.  My thoughts:

I have a modest savings that could be used for a down payment (about $30k) but I’m also a self employed artist, who benefits from having a stash of cash for peace of mind (income is irregular, some months are <$1000, others can be 5 figures).  So do I get into a turnkey multi, with a low down payment and take on a higher debt, or do I put more money down on a cheaper/light fixer upper to have a lower monthly payment? Maybe even a single family with detached garage to convert into a studio flat for short term rental? Do I invest in an up and coming area that is more affordable, or do I go to a desirable area to have better immediate cash flow? 

Obviously I’m all over the map lol.

 I’m an artist so my location is somewhat flexible, as I travel all over the country painting murals. But I also require studio space, which I prefer to have in house so I’m not paying for mortgage and rent for separate space. My girlfriend lives with me and has a steady nanny job, but only has a small cash savings to assist with any down payment or reno cost. 

Any advice helps. Just trying to get off Zillow and get into the game somehow. 

-eye cough

I don’t have much to offer other than solidarity. Looking to get into investing within the calendar year. Currently still renting but saving for down payment on a house hack. You got it! Focus on your “why”

I'm currently in KC area, South Waldo, and also looking for a similar setup. Not many multi options at all, unless you have a decent cash pile, or are willing to live in rough areas. Pretty sure there has been some encouraging changes to ADU zoning laws that make it more flexible to turn a detached garage into a rentable space. This is an option I'm considering as a way to live in a nicer area while still having rental income from a dwelling separate from my living space. Keep us updated with your investments, because I'm interested to see which route you end up taking. Hope we both find something soon! Welcome to KC.