All Forum Posts by: Chris Dawson

@Brent Kiger, give Shelter Insurance a call.  They have the best landlord policies that I have found.

@Jeffrey Linville, Brookside is a fantastic area.  The hard part is finding a good deal as everyone wants to live in Brookside.

@Charles Moore, we offer both traditional real estate services as well as Turn Key services for real estate investors.  You can choose to use all of our services (sales, management, construction, consulting) or just the ones you want.  Send me a PM and we can discuss further.

@Tim Greenfield welcome to BP.  Kansas City is a great market for cash flow; just make sure you take the time to research the areas.  There are definitely some areas here that you will want to avoid.  Let me know if you need any help in the Kansas City area.  

Welcome to BP @Matt Lowery and congratulations on your first 2 deals.  Let me know if you ever need any help in the Kansas City markets.

Welcome @Joe Kurokawa. There are a couple of good networking groups in Kansas City. Check out MAREI.org and Winvestors. These are 2 REI clubs that meet regularly and have been around for a while. You can also find smaller networking groups localized to certain areas of the city such as the Northland or Overland Park. Search for these and others on this site as well as Facebook and meetup.com.

Good luck Investing!

@Michael Oldani welcome to BP.  You have come to the right place learn everything there is to know about real estate investing.  Read everything you can on this site.  Also, check into some local investing clubs.  Find some local experts that will take the time to meet with you and share some advice.

Good luck!

@Eric Hansen this is a pretty easy question to answer.  Your paying 4.42% to have access to $28,620 dollars.  Why would you pay that loan off completely and start over when you can leverage leftover money you save each month and purchase more real estate?  Anything over a 5% return (roughly, I realize more math is involved here) on your new investment would net you positive investment income.  If you can't find an investment deal in your town where you can't make at least a 5% return, then you need to STOP investing in that town!  Based on your numbers for your primary home, you should be able to easily make well over a 10% return when factoring in all costs.

To me, this is a no brainer!!

When you buy Turn-Key properties or any other properties for that matter, don't forget to use the power of BP to help you decide if it is a good buy or a good area.  You can ask about specific neighborhoods, streets, addresses, cities, or whatever on these forums.  Those of us who service out of town investors are usually more than happy to post in here what we think about specific areas of our cities.  If you are interested in the Kansas City market, you might want to check out these 2 posts I did earlier this year: https://www.biggerpockets.com/blogs/7651/47762-kan... and

https://www.biggerpockets.com/forums/48/topics/276...

These posts will provide you some general guidance for investing in Kansas City.  If you have a specific street or neighborhood in KC that you want to know more about, I'm always happy to share my experiences.

@Dena Wesley, Shelter Insurance has a rental policy that will cover a vacant property.  They have good rates on rentals and I know they service the KC area as I use them myself.  Try contacting Chris Collins out of Belton.  He does lots of rental properties.