All Forum Posts by: Tom Barnicle

Anthony, I saw from one of your posts that you bought a property in Dundee. I would also like to find a property in this area. Did you go through a wholesaler, or how did you locate this off market property you purchased? Thanks, Tom

Tyson, I also worked at a golf course in Saint Louis as an assistant superintendent for 10 years. I have rehabbed 3 two families and 2 houses. I did 90% of the work myself. I do plumbing, electrical, basic framing etc. the only things I would contract out were siding, roof, windows, HVAC. I am new to Omaha and am also an agent. I was an agent in St. Louis and transferred my license when we moved in August. I have not seen too much opportunity for a rental, or flip, from what I see listed, but would not mind meeting with you and discussing flipping/rental. I’ll be looking to buy later this fall or winter. Tom

We moved to Omaha from St. Louis. I have 3 two families and 2 houses I bought and rehabbed and rent out in St. Louis. I am a real estate agent and would like to buy a fixer upper to rent in Omaha, but the market here does not seem to allow someone to make much, or any money off a flip, or as a rental. I’m looking in the 80-150k range. I see opportunities in St. Louis for rentals, or flips, but nothing here since we moved in August of 17. I see houses going under contract that would not get their money back in rent, or a flip and they sell fast. Also, the rental market seems a little slow and not quite as high in rent as compared to Saint Louis. Anyone else in this area see the same trend, or have any recommendations?

We moved to Omaha from St. Louis. I have 3 two families and 2 houses I bought and rehabbed and rent out in St. Louis. I am a real estate agent and would like to buy a fixer upper to rent in Omaha, but the market here does not seem to allow for the ability to buy a fixer upper in a decent area, and make any money off a flip, or as a rental. I’m looking in the 80-150k range. I see opportunities in St. Louis for rentals, or flips, but nothing here since we moved in August of 17. I see houses going under contract that would not get their money back in rent, or a flip and they sell fast. Also, the rental market seems a little slow and not quite as high in rent as compared to Saint Louis. Anyone else in this area see the same trend?