All Forum Posts by: Scott Fricker

We're currently looking for smaller multifamily properties (4-20 units) in the Kansas City area that have add-value potential.

HI Steve, I would be interested in speaking with your wholesaler.  How can I contact him/her?

If you're a wholesaler with properties in the Northland, Raytown, or Independence areas, please let me know.  We have our own cash so we can close quick and we're looking for properties to flip or to re-position as turn-key properties.

FPM Real Estate Services, a Kansas City based real estate investment company, is currently looking for a Project Manager to do the acquisition and disposition of single family turn-key real estate investments in the KCMO area.  (My previous post for this position included construction management, but that position has been filled.)

Turn-key properties are undervalued assets that will be renovated, rented, and then sold as a turn-key investment property to out of state investors.

Your responsibilities will include:

• Locate potential properties
• Perform financial analysis (including scope of work, cash flow analysis, completed value, etc.)
• Find a tenant (after the renovation is complete)
• Create and maintain an online network of out-of-state investors interested in purchasing turn-key investment properties and market completed properties to these investors.

Desirable skills, experience, licenses, etc:

• Self-motivated and able to work independently
• Good with numbers and spreadsheets.
• Aptitude for online networking, phone sales, and relationship management.
• Property management
• Willingness to work in some tough neighborhoods
• Valid driver's license and reliable transportation
• Drug-free and no criminal background (we'll check both)
• 4-year college degree is a big plus.

We provide the capital, expertise, and oversight, you provide the initiative, commitment, and drive to succeed in real estate.

Compensation: $2,500/month draw against commission + a free apartment (maximum income only limited by your willingness to work hard).

FPM Real Estate Services, a Kansas City based real estate investment company, is currently looking for a Project Manager to oversee the acquisition, renovation, and disposition of single family residences in the KCMO area.

Desirable skills and experience: 4-year college degree, real estate sales, property management, construction management, good with numbers and spreadsheets, willingness to work in some tough neighborhoods, reliable transportation (preferably a truck), independent and self-motivated, drug-free, and no criminal background. A real estate broker's license is a huge plus.

We provide the capital, expertise, and oversight, you provide the initiative, commitment, and drive to succeed in real estate.

Compensation:  $2,500/month draw against your 1/3 share of profits + a free apartment (maximum income only limited by your willingness to work hard).

Any suggestions for lenders looking to make small ($500k) value-add multifamily loans in the KC area?

Makes sense Bill, thank you.

I'm the 100% owner of an apartment complex through my single-member LLC. If I sell interests in that property to investors, can I do an exchange with the proceeds?

Thanks for the suggestions, guys, I'll give those 2 a try.

Anyone have a suggestion for a good multifamily insurance broker in KC?