All Forum Posts by: Kirk Bausch

Hey there.

I have a few deals going to contract now in multiple states.  I would like to keep the assignment fee confidential from the buy and sell side, thus, a double close. Can anybody recommend good contact in the following states: Florida, California(Orange county) and Kentucky?

Also, if anybody can share information about the double close process I should be aware of, that would be great too!  Any website or resources is welcomed.

Thanks

Kirk

@Scott Meyers - Very interesting niche'. Curious to know if SS is like other asset classes, whereby, the west coast can be over priced with much lower cap rates than other areas?  

@Corey Johnson - Much appreciated. I will keep you in the loop

@James Li - did you get this fixed yet?

Hi BP Family. I'm seeking to narrow down some SFR rental markets to invest in. Essentially, I have a portfolio of 6 homes spread across multiple states that have a good deal of equity and I'm looking to re-position the money into better cashflowing areas. I'm doing all kinds of research on job growth, migration, land lord friendly etc...and I can almost build a case for most markets. I'd love to hear from you about markets that make sense.

My current markets, which I'm looking to leave (i've been in them for 15yrs) - Austin,.TX/, KS,MO/, Gilbert,AZ/, Buford, GA/Tuscaloosa, AL/.  

What i'm aiming for is to find properties in areas that meet these criteria points:

SFR's

B-/C+ areas

good job growth outlook

solid population growth outlook

1% rule

Ready to rent prices around $90-12k

Happy to rehab at lower prices with ARV's the same as above $90-120k

I want to identify 1-3 areas (which can be multiple states) to build a bigger portfolio and scale up to 10+ SFR's per area...

Open to partner providers that do BRRR rehabs to speed up the growth and scale-ability too

I'm looking at the following areas:

Pittsburg

Alabama (montgomery/huntsville/burmingham)

Greater Charlotte

Houston (although the prop taxes are killer)

Greater Altanta

OH/Indiana -- hard to ignore, there's a lot of chatter about this area.

I haven't committed to any yet but really want to have the 1-3 areas nailed down by end of Feb to start taking action!  Any ideas are hugely welcomed.

Thank  you !

Kirk

@Aaron Olsen - happy to help with anything. i went through the program myself...and, i'm not too far from you too:)

MHP Academy will provide ALL the info you need. Great guys!

and, listen to their podcast and Jefferson Lily's (Parkstreet Partners) and you'll be ready to take action. 

i'll be happy to help, i've gone through the course and it's very informative. Message me.

I have 5 properties in different states.  I have $300k in equity (total) that I would like to tap into.  Does anybody have suggestions in a way to combine these into a portfolio and pull cash out/refi?

Thanks