All Forum Posts by: George Red

Hey James, best wishes in your real estate adventure. I live in CA and have been buying in Kansas City and have found landlord policies to be more expensive… seems logical that there is more risk and thus a higher price in how a tenant would treat a property vs an owner.

Started investing in KC market buying multi family and I have had a great experience working with a vendor handling electrical, plumbing and  hvac but looking for solid referral/recommendation for a handyman or carpenter to round out coverage for my units. Any first hand recommendations?

I've purchased duplexes in the Kansas City market and have budgeted about 5% on CapEx. I've been interested in looking at 4-10 unit properties and curious if that 5% CapEx figure is still good or does CapEx % typically get higher as there are more doors? If so, what % have you done for properties over 4 doors?

Addressing a water issue in a duplex bathroom where a sustained leak has led to softening of the subfloor. I'm finding that plumbers will address any leaks/stoppage but often do not touch subflooring repairs. Anyone with a recommendation for a KC plumber that handles both or partners with another vendor who would address potential sub floor issues. Been in touch with some plumbers and I assume the two issues go hand in hand so thinking plumbers would have a partner/vendor they work with for these kinds of things but having issues finding someone to address both and trying not to coordinate two separate vendors.

Any advice appreciated!

For what it's worth I'm an OOS investor and I've recently purchased some duplexes in the KC area and used Home River Group. Experience has been good so far... some minor bumps but I'm assuming that happens everywhere when establishing a new relationship. I'm still looking for other properties and plan to use them moving forward, so far so good, may want to give them a look.

Thanks… would people opting in on a property be “active participation”. For example I identify a specific property and people opt in or out…

New-ish to REI and have always thought about leveraging my network of friends and family to go in together on properties. Finding unclear information on when pooling funds would require SEC registration, between that and possible regulation of investment groups unclear on what is necessary to move forward legally. JV's seem to require partners who actively participate…

Any guidance appreciated… is there a “tipping point “ in terms of number of partners etc.. Thanks in advance