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All Forum Posts by: Michael Lewis

Michael Lewis has started 6 posts and replied 84 times.

Post: Looking to pick some brains for Kansas City

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Kc resident here as well. Feel free to ask away.

Post: Lost rent bc of fleas after tenant moves to another unit

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Never have you tenant take care of a problem. Hire professional help and bill it to he tenant.

Post: Kansas City, MO (KCMO)

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Might try the Jackson county tax website. Although I'm not for sure.
I live and own in independence so feel free to ask me about areas and whatnot. Congrats!

Post: Working with a handyman vs hiring subs

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

I was going by the fact arv was only 70k. So should most likely be standard sized single hung windows. On a nicer or much larger house then you can def get up there in price with fancier and more windows. 

Post: Working with a handyman vs hiring subs

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
10k for windows???? I'm not sure about that part of the country but here in Kansas City it's 300 per window which includes labor.

Post: Is requested repair necessary?

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Does the repair add value to the home I.e. Rent increase? No then it's unnecessary cost to you for a less than stellar tenant. I think you have already figured that out. Time to go with your gut and say no.

Post: FHA and living with tenants

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
I assume you are talking about multi units not actually roommates. House hacking is a great way to get your foot in the door and basically having your neighbor paying your mortgage. You also don't have to let them know you are the owner, just portray yourself as the property manager.

Post: Property Management and Tenant Late Fees

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
This seems ridiculous shouldn't that be part of what you are paying them for.

Post: In 3 words, describe your 2017 Real Estate goals

Michael LewisPosted
  • Investor
  • Independence, MO
  • Posts 89
  • Votes 70
Dave chapel quote. "I'm rich b***h". Lol but in all seriousness it would be "buy more properties"