Rising interest rates, slim margins, and unexpected costs can kill a deal fast.

I also have multiple streams of income and the ability to reduce my expenses sharply if needed to payoff a major unexpected expense.

Make sure to maintain a cash reserve (3-6 months of expenses) to handle unexpected repairs or vacancies.It’s smart to consider the “what-ifs,” but don’t let them hold you back.

We have been delighted to work with thousands of investor clients over the recent years and our team has a culmination of over 30 years in the conventional and private money space.

I didn’t know the details about a project we’re working on, and it showed.Lesson learned: Always prepare thoroughly before each call and be ready for unexpected questions.Failures like this are uncomfortable, but they're how we grow.

When you’re just starting out, the numbers can feel tight because a lot of the cash flow gets eaten up by repairs, vacancies, and other unexpected expenses.

Sharing your vision with real estate professionals, local investors, or even family and friends might uncover unexpected opportunities.

Rising interest rates, slim margins, and unexpected costs can kill a deal fast.

It’s easy to underestimate renovation costs and timelines, so always build in a cushion for unexpected expenses.Good luck with your first flip, and feel free to reach out if you need more detailed guidance along the way! 

I would be delighted to connect with you if you ever think about out-of-state investing and want to learn more about the Kansas City market.