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All Forum Posts by: George Red

George Red has started 31 posts and replied 124 times.

@Palmer Thomas Reminds me of an old Native American proverb... "If we could just get rid of these immigrants everything would be better"...

Typically when someone tries to boil down a nationwide multi faceted problem down to "get rid of the immigrants" they're (in this case it applies to you) very wrong. It's complex and there are a lot of players and reasons. If it was easy someone would have solved it already. I suggest you do some basic internet searches as to the causes of the housing affordability crisis, it will include themes such as government policy, capitalism (who is often paying immigrants as cheaper labor), international unrest (which immigrants are often fleeing from), investors inflating prices, people looking for affordable housing not wanting to live where there actually is affordable housing), high interest rates, general inflation and more. All of those things blend together to provide the reasons why, it's not one thing. This guy with a bad comb over that was found to have commited fraud recently has a bad habit of trying to make complex things too simple, complexity is ok, it's part of life.

I purchased a property with Section-8/HAKC tenant in place and he recently moved out. I had a good experience with the tenant and liked the timely rent payment too (he left the unit in good shape contrary to some who say Section-8 will trash your property). I've been on the HAKC website and the sites they recommend to use to locate tenants are not good to put it mildly, some direct to non-working URL's others are poorly designed sites that I'm having issues posting the property on.

Any tips/tricks from people leveraging Section 8 tenants in KC on how you find tenants? Any insight appreciated and thanks in advance.

- George

I purchased a few rentals in the past few years. Have had minimal issues with late rent but it seems to be happening more frequently. As inflation has continued... have others been experiencing this with tenants? How much of a hard liner are you on collecting late fees and posting notices to cure etc.. Rent is coming in, just a week or two late. I'm looking for best practice here... anxious not to lose a tenant and then have to pay for a turn by pushing too hard, or is best practice to push hard early and often so it does not become a long term issue? I do have one vacant unit that is posted for rent but it's been available for 2 weeks without any takers, trying not to push myself into vacancies in the "off" rental season.

Thanks in advance, any tips/thoughts welcome.

Hey all, looking at turning a 2 bedroom unit in KC and I have a quote from a provider that I've used before... looking for other references to secure additional quotes... anyone have cost effective reliable recommendations for providers. Thanks in advance and any additional contacts appreciated.

Hey @Olivia Johnson welcome to the pool... that water is fine. I invest in the market and if you'd like to connect please send me a DM, glad to connect and discuss the state of the market or all things KC real estate. Rates have been making things challenging but we're all in it together.

Post: Pace Morby Subto Mentorship

George RedPosted
  • Posts 127
  • Votes 128

In the gold rush it was the people selling shovels and provisions that really made money, not the miners. Given the rush into the REI space it makes sense that there are a lot of people coming in and trying to make a quick buck selling shovels (get rich like me courses) and then sending miners up river to try their luck in a saturated environment.

I think Pace is selling shovels, he may be a nice guy but my personal read is that he (and a bunch of other people popping up on Youtube over the past few years) are just the latest shovel salesmen. My 3 cents...

Post: Multi Family investing

George RedPosted
  • Posts 127
  • Votes 128

@Charles Roy contact a real estate agent and express your interest and they'll draw up an offer. Not sure if you have a relationship with an agent but if you're shopping around you should have one that you've connected with before. The fact that the property has been on the market for that long means you can be super aggressive on the offer an just see what they come back with. The fact that it's been on the market this long also may mean there is something very wrong with the property so don't go in with blinders on.

Best of luck

Post: Trump University fraud

George RedPosted
  • Posts 127
  • Votes 128
Ummmm if I had to guess it was a fraud. Maybe it was the deep state leftists sabotaging him before he even got into office... they're crafty and despite all his legal troubles before he was elected, and the continued legal troubles after elected, he's never done anything wrong so...

Lolol