All Forum Posts by: Matt Crawford

@Ashish Acharya - I’m asking for a friend who isn’t on BP and are developing a piece of land. Do you have contact information?

I’m looking for a CPA who specializes in opportunity zones… Any recommendations?

@Erik W. - Would this be similar to a Master Lease Agreement plus a contract to purchase put together?

Shepherd - Sounds like you are doing the management yourself. That accurate? How much money in damages are you talking about?

@Wes Smith - I also live in a college town. We are on opposite ends of the state. I'd love to hear what REI looks like down in your area and compare notes!

@Jose B. Lopez - feel free to send me an email at: [email protected]

@Micah Hensley - Great to hear of you being a teacher - Much needed! My observation is that KC has national (if not international) attention as a good place to invest... Which could make getting started a bit harder. The nice thing is if you ever decided to move out of town / state, all the necessary infrastructure (property managers, contractors, etc.) is at your fingertips.

A couple questions

- What is wrong with Raytown / Independence in your opinion? Even though they might be "rougher" areas, not all of it is bad.

- Have you ever considered investing outside of the direct KC Metro area? It might be easier than you think. I've personally never done it, but a good buddy of mine has been successful in doing so and he isn't a rocket scientist OR a trust fund baby.

- You want to replace your income. Do you want to quit your job? If so, what is the amount of passive income that will allow you to quit? How soon do you want to be there?

@Micah Hensley - I grew up in Lee's Summit - but for the last 5 years have found myself living and investing up here in Maryville, MO. While I have been investing in my own back yard, I've heard it said before, "Live where you want and invest where it makes sense." 

Like mentioned in a post above, there really isn't a black and while answer on what is best for you. It really depends on your situation and your goals. Almost anything will cashflow if you have enough equity in it (i.e. no mortgage). Are you in a situation where you have ample amounts of cash (high income earner) and are looking to stash it in houses? OR did you spend the last 5 years saving up a 20% down payment for a $100K investment property and it will take you another 5 years to save up for the next? How much cashflow are you looking to generate? By what date?

Great thoughts @Mike Williams.

Thanks @Lauren Juarez!

@Alex Hamilton - I'm interested, but I still have a couple questions. If you could give me a call, i'd appreciate it. 

Grateful, Matt

816-853-6834