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27 December 2024 | 19 replies
Keep in mind those people will live somewhere and SOME of them will be good tenants!
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2 January 2025 | 50 replies
The phrase "don't put all your eggs in one basket" comes to mind.
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18 December 2024 | 29 replies
Keep your long-term goals in mind to steadily grow your income and savings through house hacking.Good luck!
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13 December 2024 | 7 replies
People are holding on to their properties to see which way the wind blows, so finding a decent student property right now is tough.
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26 December 2024 | 8 replies
Send me a DM with anything specific you have in mind!
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23 December 2024 | 20 replies
Go to Omaha and Sioux city tomorrow for inspections and client meets. 3. close new loan with my bank unsecured ( those babys can be tough to get).4. get my mind ready for 9 grandkids at the house this is the toughest one :) Patience 5. firm up goals for 25 solidify my new clients that I have gotten in Q 4 24.
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25 December 2024 | 12 replies
Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.
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2 January 2025 | 36 replies
If its going to be a 2 day drive or a 7 hour/$1000 airplane adventure with a 3 hour layover in the middle, not so cool.Both of the properties are also places we don't mind going so its not a huge hassle if we need to drop in.Taxes: The taxes get significantly more complicated with new state returns.
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22 December 2024 | 5 replies
Also, check out LoopNet or Crexi for listings, though keep in mind that the best opportunities might not be listed publicly.
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21 December 2024 | 0 replies
Something to watch if you are mindful of the government being over-involved in nearly every single LLC registration.