All Forum Posts by: Laura Marks

As of October 1st, 2021 you'll be able to also get the tax back from gas purchased. It's personally not worth it to me but may be for you to save receipts for a few hundred $$. 

Finding agents that are investor "knowledgeable" not "friendly" is key. I can calculate cash flow in my head, when looking at a property. It's important they KNOW what rents and where. Zillow comps are horrible and shouldn't be used. I'm fiercely protective of my clients and will be the first to say no this isn't a good deal for you. As the market has changed the last year, I've still managed to find great deals and I know how to win offers. The last two properties I helped investors purchase were at and below asking, with $400+ in monthly cash flow. Your agent is so important!! 

Hello, 

I know this post is a bit older but I'd be willing to host a Zoom meet up (weekly, bi-weekly etc) I'm an agent licensed in KS and MO. I know my city, my market and what rents best for maximum cash flow. Let me know if interested and I can get something together quickly. 

 I'd been a PM for 7 years before I started on my own, just passing my broker's course last week. Communication is key and I'm often frustrated by others who can't seem to manage this. In my interim, I was helping my investor find a PM and NO ONE passed my initial contact. My goal is to provide every aspect of PM for my oos investors. This includes lending, purchase, PM and having the best boots on the ground in the KC area. We have amazing cash flow opportunities here and I take great pride in my city. Customer service is lacking with so many businesses, but it should never be when clients are trusting you with one of their biggest financial interests. EXPECT BETTER! 

I did an inspection (for a renewal) on a wrong property. I walked with the tenant, through the whole house, noting things that needed fixed, talk about things that were her responsibility etc. When I was leaving, I noticed two numbers were transposed 🤪 

I am past the point of being shocked that agents aren't doing the work for their investors. Even my investors see it, when we deal with other agents on their listings. Find a GREAT agent that knows what they're doing from beginning to end. I know my market so well, that my investors can send me an address and I'll tell them the cash flow potential. I do have them set up so that they can look at many options (practice running numbers themselves) but they come to me, too. When I see a great deal, I let them know, immediately. I will check the home out personally, because honestly that is the best way to see a home/neighborhood. 

Expect Better! @Robert Ortiz

Hi Chad, 

Since you're in KS, have you looked at the KC market? I'd love to chat with you and help you get going. I have helped many out of town investors, find great cash flow properties in our market, with their first investment property. We can chat about why you've chosen the area's that you have picked, too. Finding a team that is established and has a great reputation is key. Expect Better! @Robert Ortiz

 I'd make sure you can increase the deposit in your state. I know some will only let the deposit be equal to the rent. If you have a qualified tenant, you'll probably be okay. I often see couples with credit scores that are vastly different but I just need one to qualify. I maintained a .05% eviction rate for the last 5 years over 600 properties. 

I up and left my 100k a year job to pursue my broker's license. I'm almost ready to test for that and will be starting my own property management company. I've joined my local Chamber of Commerce and landed myself on several housing committees. Big things coming 2022.