All Forum Posts by: Wyatt Seidel

I am considering transitioning some Long Term Single family rentals in the KC area to Medium Term Rentals. The idea would be to target the traveling nurse industry. I would need a solid Property Manager that has experience with this.

Has anyone done this? or do they have any recommendations?

Any help is greatly appreciated.

Thanks,

Zeke Tessmer

Hey Zeke I got a guy I can send you. I'll message you.

1 Vote

Kansas City, Missouri

Quote from @Cassie Tomlinson:

I will send you a message!

0 Votes

Kansas City, Missouri

Quote from @Clayton Plummer:

Cassie -

I don't have an answer for your Title Company question.

At the same time, you should connect with @Alicia Durden . She's in the greater KC, MO area and trying to do wholesaling. You two might be able to help each other out!!

Good Luck!

Hey Clayton! Alicia is awesome. I spoke with him last week and he is a fantastic resource and great person to chat with.

1 Vote

Kansas City, Missouri

Welcome Alex!

This is 100% the biggest struggle when getting into this space (speaking from personal experience as well).

Your mind likes to race because you know you're serious. You gobble up everything you see.

Your best friends through this process will be investor friendly agents. People who can help you find something that maybe needs a little bit of work to add equity, or a nice duplex to house hack.

Welcome to the madness and please reach out if you ever need any help!

1 Vote

Kansas City, Missouri

Quote from @Masood Amin:

Hello BP,

Simple question. Which neighborhoods are trending right now for rental properties? Can you put some zip codes below? Thank you

Im from california but am open to any market

Hey Masood, I'm an agent and investor here in Kansas City and I would love to chat with you about this market. I'll shoot you a message

1 Vote

Quote from @Derek Fike:

Hey Everyone,

I currently live in Colorado and am looking to purchase real estate to eventually turn into a rental. What are your thoughts on good markets to be targeting (towns, cities, states, etc.). If you were looking to put little cash down and still generate CoC return, where would you be looking?

Thanks everyone!

Hey Derek! Great question and way to be proactive. I would love to show you the investment side of Kansas City. I'm an agent and investor here and would love to chat. I'll send you a PM

0 Votes

Hey Ayako!

Great question. Depending on what type of design you want to do I would anticipate between $150-300/sqft for building costs. You're also looking at about 6-12 months depending on if you want a basement, slab foundation, finishes, etc.

I'm not super in tune with building permits in that area, but here in KCK, the building process is a pain because of the constant battle with the county.

I would recommend not being scared to using a medium-priced contractor who does reputable and fantastic work. Don't get scared by the price. It's expensive for new build. Best of luck!

0 Votes

Kansas City, Missouri

Quote from @Jason Malabute:

another thing I thought of is will the distance make finding skilled labor like handymen hard to find?

Not necessarily. I've got some great contacts down that way that do fantastic work

1 Vote

Kansas City, Missouri

Quote from @Abi Horton:

HI,

I am currently living in Long Island, NY (and I hate it here). I was going to buy a condo in Miami (I used to live there and would love to move back) but since realized its just not a good investment move to buy a condo in Miami and cant afford to buy something that would give me some kind of return). So now I think it will be smart to buy a multifamily somewhere and would like to house hack and rent the other unit(s) as MTR, so I am considering somewhere near a hospital and have seen OH come up as potentially a good area for cash flow so have looked at Cincinnati and Cleveland. I can afford around $200-250k. My question is, if you were starting from scratch and could go anywhere, where would it be?

Appreciate any advice! :)

You should definitely check out the Kansas City area. Not only affordable midwest investing, but fantastic hospitals. I was a nurse before I pursued real estate full time and there is so much opportunity to house house near big hospitals. I'm going to send you a message!

0 Votes

All Forum Posts by: Wyatt Seidel

Wyatt Seidel has started 9 posts and replied 66 times.

Post: Good time to refi properties to grow portfolio

Post: Looking for a good Medium Term Rental Property Manager in KC

Post: What are some good closing/title companies that are wholesale friendly in KC MO?

Post: What are some good closing/title companies that are wholesale friendly in KC MO?

Post: Overwhelmed Newbie Investor - Kansas City

Post: Which STATES to invest?

Post: WHERE TO INVEST???

Post: Homebuilder recommendation $300-400K (ex-land) 2023 in Kansas City

Post: investing in Harrisonville mo

Post: Newbie starting with a house hack? Where would you go?