All Forum Posts by: Dawn Vought

Well, at least you understand that there is a cost for everything. Many consumers take advantage of the Contractor by purchasing the materials and then expecting the GC to pick them up, load/unload, babysit and then install them for free.....

Have never heard of anyone expecting a contractor to do a job for free, but I guess there's all types out there.

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Quote from @Svetlana Kazantseva:

Hi all! We have a really hard time finding a general contractor for our repair project in a buy & hold SFH in Kansas City, MO. We hired a property manager after purchasing the house and both contractors they sent in are "skeptical about providing a quote if they cannot use their own materials". In their experience "it has lead to a lot of headaches and delays with the project". We are out of state investors and were going to stick to David Green's advise of getting quotes without the materials for fair comparison + being able to select the material we want, put it on our credit cards. Do you think it's reasonable for contractors to refuse a quote without materials? Should we keep looking?

I would suggest getting the quote with the materials. (They can always break the cost out separate on the bill.) That shouldn't take away your choice - such as, do you want this tan tile or this brown plank, which ceiling fan, etc. You can also pay for the materials separately. Just let the GC know that's what you'd like to do. My GCs in KC get everything (after I agree), and then at checkout Home Depot or whomever calls me for my credit card information. I'm not doing things like choosing which thickness sheetrock or plywood to buy, but things which are variable I choose what I want. I have found the contractors also appreciate doing it that way because they don't have to lay out the money for the materials. The only push back is if the contractor wants to charge a markup on the materials. I usually don't use those contractors. I pay them appropriately for their time instead.

1 Vote

Quote from @Melinda McDonald:

Dawn -

I would be happy to chat about property management in KC. Please feel free to reach out to me.

Melinda

Thanks Melinda! I responded to your PM. Definitely interested in chatting with you! Thanks.

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Quote from @Dave Clauson:

I sold the house that I had under management with Home River. Currently, I don't own property in the KC market. I wanted to be able to manage the properties myself.

Thanks for your input Dave! I have been self-managing, and it's been going a lot better than when I had (bad) PMs previously, but I'm ready to try with a PM again. I have found there are more bad PMs than good ones. I just don't get it, but maybe that's just me!

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Quote from @Mick Brown:

We ended up using CJ Real Estate in Blue Springs. They were already managing the property before we purchased it and they’ve been great so far.

I'm currently looking for a good KC PM for a property located in Blue Springs. Are you still using CJ Real Estate? How's it going? Or do you use someone else now? Any current recommendations? Thanks!

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I know this thread is 3 years old, but I am currently looking for a PM for my Kansas City properties, and have been corresponding with Home River. Does anyone have any more recent input on this PM? Have they gotten better in the last 1 to 3 years? @David D'Ambrosio and @Dave Clauson - it seems like you are in the KC market. Do you currently have a better PM for KC SFRs?

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@Lori Daza - Thanks so much!!!

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@Toxey McDavid I know this is a very old thread, but I'm currently looking for a good real estate lawyer in the Birmingham market, and was wondering who you found or use now? Any contact information would be appreciated! TIA

I'm holding a private mortgage on a house in Birmingham that I sold on owner financing, and the mortgagee is not paying, so I'm looking to go forward and foreclose so I can get the house back and probably sell it at that point.

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Originally posted by @Mary M.:

@Dawn Vought google can be a great resource..... maybe start there or call your local housing authority?

https://kcrar.com/324-million-made-available-for-missouri-landlord-and-tenant-assistance/#:~:text=Missouri%20Governor%20Mike%20Parson%20recently,for%20past%20due%20rent%20payments.

Thanks.

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Originally posted by @Mary M.:

@Account Closed I am owed rent by a tenant so I understand the frustration. Tenants DO have something to lose - having an eviction on your record makes renting very challenging.

There are funds available to pay back rent - as long as the tenant is still in the property - you can get 80% of back rent paid by the feds, You might look into this.

Unfortunately for me I cant access those funds as my non paying tenant moved out. So I am **** out of luck sadly. Still, I know that some people are having to make hard decisions - and hopefully you, as the LL can do your part by applying for the rental fund.....

And, fwiw I agree that a profit of 150/mo is slim and is not enough to help a LL weather a storm like this unless they have a years worth of reserves set aside.... also mortgages can be put on hold so you would not need to pay your mortgage payments (they will just geg put at the back) which should help.... good luck I hope you get your rent funds.

How do landlords apply for the government rental fund? Is this state specific? If so, I'm asking specifically for Missouri. TIA

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All Forum Posts by: Dawn Vought

Dawn Vought has started 20 posts and replied 208 times.

Post: General Contractors refusing to quote without them buying materials

Post: General Contractors refusing to quote without them buying materials

Post: Home River Group recommendation?

Post: Home River Group recommendation?

Post: Property management - KC

Post: Home River Group recommendation?

Post: New investor from Birmingham, Alabama

Post: New investor from Birmingham, Alabama

Post: Eviction News Update - finally some Good News

Post: Eviction News Update - finally some Good News