Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Matt Altrich

Matt Altrich has started 1 posts and replied 70 times.

Post: Kansas City, MO bank 30 year fixed loan

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

You can easily get a 30 year fixed rate unless you're asking for a commercial loan.   You don't need a commercial or portfolio loan until you go beyond 10 mortgages. 

Post: Meeting up in Kansas City

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

Hi Xavier, 

Welcome to BP and the KC investing community.  I would  recommend joining the Mid-America Association of Real Estate Investors (MAREI) and the Bridge Real Estate Investing Meetup (both have Facebook groups and monthly meetings).  You'll make great friends, connections and be provided with a wealth of information from people eager to help. 

I'm in the KC market myself.  Feel free to reach out anytime.  

Post: Rehab property went terribly wrong and super good!

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

Congratulations Gianni! Well done and excellent planning with the oops factor.  ;)

Post: Recs for Insurance companies?

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

I use an insurance broker to shop rates.   If you send me a PM, I'll send you my contact.   

Post: Insurance - Looking to best rates, service - Kansas - Thank you

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

I'll send you a PM. 

Post: Insurance - Looking to best rates, service - Kansas - Thank you

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

I would suggest finding an insurance broker that can shop rates. 

Post: Roth IRA to fund a Turnkey property

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

Yes, you can withdraw your Roth penalty free at 59 1/2.  I personally would not withdraw it to buy a D or C class property if your only safety net is the equity in your personal home.  You'll be buying a turn key property at the height of the market with little equity and appreciation is sometimes dismal.  In addition, I believe in diversification and wouldn't rely on one asset class for retirement (although I'm sure many do in the BP community).  

Post: Kansas City - investor friendly real estate agents

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

Hi Jake,  

I highly recommend joining the Mid America Association of Real Estate Investors (MAREI) and the Bridge Real Estate Investing group (both have Facebook pages). 

You'll make a ton of connections.  PM me if you need specific recommendations or have questions.   

Post: New Rental Property Investor from Kansas City!

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

Hi @Jake Sanders! 

Welcome to BP and the Kansas City investing community.  You'll find a ton of great information on BP but KC also offers many additional resources locally.  To start, @Nathan Brooks started a Facebook meetup page called Bridge Real Estate Investing Meetup.  The Bridge Facebook meetup is a great place to connect, learn, help and take action! They also offer live (online) events in addition to the monthly meeting.  Another great option is the Mid-America Association of Real Estate Investors (MAREI) organized and run by @Kim Tucker.  They also offer a Facebook page, monthly meetings, guest speakers, etc. Get involved and invite five friends to join both groups with you!  

Feel free to send me a PM with any additional questions.  I'm more than willing to share my experiences and help in any way I can. 

Post: Kansas City, Kansas Area

Matt AltrichPosted
  • Rental Property Investor
  • Lenexa, KS
  • Posts 76
  • Votes 63

Jonathan, Nathan Brooks recently started a meetup on Facebook called Bridge Real Estate Investing Meetup which you might find helpful. You'll find a huge community of investors willing to help and share experiences/knowledge.