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All Forum Posts by: Melinda McDonald

Melinda McDonald has started 0 posts and replied 54 times.

Post: Brand New to Real Estate Investing

Melinda McDonaldPosted
  • Property Manager
  • Kansas City
  • Posts 58
  • Votes 42

Nellie - 

Thank you for your service!  As you transition, I would consider the Midwest.  There are still good finds there that will produce a good income stream for you.  I would take a look at KC.  There is strong industry there, as well as stability.  I am sure you have heard you need to build your team.  If I can help with finding a KC broker that works with OOS investors, please let me know.  For property management, I would ask that you PM me and I can tell you a bit more about that and how Atlas can assist.  Best of luck to you!

Melinda

Post: kansas City B Neighborhoods

Melinda McDonaldPosted
  • Property Manager
  • Kansas City
  • Posts 58
  • Votes 42

Jason - 

Rents should range between $750 to $950.  Of course, much would depend on the condition of the units and the actual location.  Some of the Independence zip codes may be a bit lower.  Fell free to message me if I can assist with any PM needs as you move through the process.

Melinda

Post: Share your first experience with long distance investing

Melinda McDonaldPosted
  • Property Manager
  • Kansas City
  • Posts 58
  • Votes 42
Originally posted by @Grace Pierce:

@Douglas Spence Thanks for the reply! I just finished reading “Managing Rental Properties” and I have those 2 up next.

What concerns me most is the rehab and getting the property “rent ready” after purchase. Do you oversee this part or does your property manager (if you have one) help with that? I’ve listened to a few podcasts where @RichCarey has mentioned how he does this, just not sure how common it is.

Grace - 

Wanted to respond to your question about getting a property "rent ready."  PMs can help with that.  Atlas has construction in-house, so it makes it much easier to manage your property with one company.  PM me if I can give you additional details.

Melinda

Post: Share your first experience with long distance investing

Melinda McDonaldPosted
  • Property Manager
  • Kansas City
  • Posts 58
  • Votes 42

Grace - 

Kansas City continues to perform well.  We are seeing a huge influx of out of state investors.  If I can provide additional information about strong areas for both rental rates and appreciation, please feel free to PM me.  

Melinda