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All Forum Posts by: Michael Lewis

Michael Lewis has started 6 posts and replied 84 times.

Post: Cheyenne, WY 7 Unit Apartment Complex

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Awesome thanks for the updates.

Post: House Sold Without Paying Off My Lien

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Interesting please keep us updated.

Post: Is the Rent On time or Late?

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Pretty clear cut to me. They paid on the due date. Now if it’s rejected due to nsf then a late fee would be added then.

Post: Kansas City Mo area real estate accountant

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Thanks!

Post: Cash and check gifts cause financing problems?

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
They generally just look at the last 30 days so you should be good to go.

Post: Kansas City Mo area real estate accountant

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Looking for a savvy real estate account here in the metro area to add to my team. Anyone have good recommendations?

Post: Looking to pick some brains for Kansas City

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Depends on what ya are looking for. A-B neighborhoods. Section 8 apts in C-D areas?

Post: Kansas City area bank/credit unions.

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Does anyone have banks or credit unions that offer 0-6 months seasoning periods for refi in the Kansas City area?

Post: Day 1 going forward.

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Reserved

Post: Day 1 going forward.

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Even though I actually own 1 rental I just started a partnership with a friend/coworker and decided to start a post following our journeys into real estate! Here's where we are at. Llc cost $50. Ein $247. This week we are going to open our business account. Due to it being a new llc I was informed the initial buys will be based off of me and my partners personal credit until we establish a year or 2 of business income. We are starting with 25k from my partner 10k from me plus I have all the tools and the knowledge to do our own renos until it outgrows us doing them ourselves. We have a house lined up for the brrr method it is a family member who just wants out of it. Purchase price is 65k. Reno 10k and arv 95k plus. We are hoping to start the buy in 2 weeks so I'll chronicle that as well. Here's to a bright real estate future!