All Forum Posts by: Michael` Cluer

@Trevor Tilton@Andrew Syrios  

I am buying in these same areas and just ran into a stump on my first refi, had to call appraiser and reorder a full one, not a desktop. I will find out new appraisal next week. I want to have 30 SFH by the end of next year but cant find enough deals. I started at the end of August and have one, one in contract, and a flip in Grandview going on. I would love to hear the numbers you guys stick to and some of your actual returns if you all feel like sharing. I am from NW Arkansas and work on the road but will be in town in a few weeks. I will buy lunch to anyone wanting to network.

I have decided to go with a national type management company for advertising and book keeping. I will be hands on with the cleaning team and in touch with guests.  I need to look into some security system as I am just letting my cleaner rotate key code's now.

@Greg G. I would love to chat with you about where you are with yours and share some P/L for ideas on where to shop for. As we know, there is a big variance in HoA/CoA fee's in Branson.

Ya, I done it for the savings on listing subscriptions, free pro photography , and getting it up and going. There wasn't a contract involved. They do charge 10%. I will defiantly take over when I move home but as of now I work 80 hours a week and am buying Buy and Hold's/flips in KC,Mo along with analyzing nightly rentals in Branson,Mo. I started 3 LLC's 3 months ago and have been busy. I have closed on 1 nightly condo and am renovating it as we speak along with 1 SFH in KC.

@Brandt Smith Thx for the response...I have actually decided to give evolve a try at first. They list for you and cover expenses and set up. Any experience with them?

Made a few connection's but looking for more inventory to analyze in KCMO. Thx

I dont know him, found him on craigslist but he says he can show his success flips. He don't seem pushy and is offering all the money and managing the project. He offer's 20% of the net, I am just seeing if anyone else has messed with this. 

Has anyone had any experience of strictly co-signing for a flipper with good history of flipping? He need's a co-signer due to a recent separation. Thought's anyone?

Thx everyone for the great responses...I will defiantly contact first federal and commerce if my banker tells me they don't want to go that far out of town. Great community here. I also invite any wholesalers to contact me, thx again

@Andrew Syrios

Thank you sir

@Kirk Calhoon

Thx...Do you know if they mess with property numbers 5-10 on the conventional side? I am trying to keep from going to a commercial lender that uses nation wide lenders, as I like the simplicity of the small bank atmosphere.