All Forum Posts by: Zac Lester

Sounds nice, what are the rents?

There are many other variables that will go into a valuation than just purchase price and cap rate. If you include some more information, people will be better able to assist you. 

Sounds like a nice deal, care to share any of the numbers for the short term rental? 

@Ryan P. Kotschedoff

Don't put too much pressure on yourself man. Sure, this would be a great step for you in your career but if you go into it thinking it's do or die you might not come across as cool and collected. I think @Scott Mac nailed it with his points. 

Look presentable, be yourself, and don't forget to smile. 

Can't speak for OP, but four-plexes are hard to come by in the Waldo, Brookside, Plaza, Westport areas. However, you can find some duplexes in those areas. 

That's great you already have roommates lined up! I'm sure you've checked other airbnbs in the area by your prospective house right? If not, I would check that out and make sure they are getting booked (they'll have grayed out dates on the calendars). As far as I know this area doesn't exactly have a name like Westport, Crossroads, Waldo, etc. I would just call it north east of Brookside and east of Rockhurst. 

I have a few questions. 1) When you say house hack a SFH does that mean you'll be getting roommates? 2) Have you driven through this area before? There are some decent spots near UMKC and Rockhurst but in my opinion you might have some trouble finding quality tenants in the areas you mentioned. Also, just FYI - that part of town is not considered North Kansas City like your title seems to indicate.

VNQ from Vanguard is a real estate ETF. Is that what you're thinking of?

@Cindy Richmond I respect the hustle to try and close a deal during busy season! Haha. There is a wealth of knowledge on this site, enjoy all the learning

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