Caleb Webster
KC Small (5-20 unit) MFR market
28 April 2020 | 11 replies
@Caleb Webster We recently were able to get a 12 unit apartment building under contract north of the river for 50k a door pulling 600-650 rents, which is about where our investors seem comfortable right now.
Perry R.
Continue to hold or are there better options?
14 October 2018 | 2 replies
But you will mitigate it and of course it will stay deferred as long as you own it.One big question would be, "Where do you want to retire".
Nicole Walley
Do homeowners have an easier time breaking into RE investing
14 October 2018 | 11 replies
Seems to me in general people are working and have a family, sleeping, eating, cleaning, maintaining a pet and a car is all a major % of their time, they don't or can't or won't spend the time needed to be expert/comfortable enough to participate in and be good at stock investing for example.
Austin Petrie
Which side of Kansas City do you prefer investing in?
30 October 2018 | 13 replies
So many cities with new ordinances are saying that if the tenant will not allow the interior inspection to evict them.Please if you invest in the KC metro, become a member of one of the many landlord groups and stay informed because the city councils and advocacy groups are trying very hard to change the way things work and have worked for years.
Jason Hunt
What to do: Negative cash flow rental
14 October 2018 | 9 replies
Especially if you plan on staying East.
Alvin Sylvain
Best Bargain or Too Good to Be True?
15 October 2018 | 24 replies
Me, it would cost several hundreds to fly out from LA, plus vacation time, plus car, plus hotel (I can't stay with my daughter, I'm allergic to that mutt of hers).
Mike Hoefling
Considering a Marijuana Rental, What are rents?
17 October 2018 | 23 replies
The Obama era "cole memo" which allowed state decriminalization to stay off the federal radar screen has been formally rescinded--and the new MA federal attorney has stated he has the right to prosecute all involved.
Brock Bowen
Being a over the road trucker getting into REI
25 May 2020 | 9 replies
We stay home for the most a week then gone again.
Sean Myers
Wow or Wait? Is it the right time to update rent projections?
14 October 2018 | 3 replies
We're keeping LTV low, taking more term on our debt than we anticipate needing, and have a plan that focuses on bringing the old leases more in line with the current average rates.We also run Downside scenarios to see what the numbers look like if we're wrong about room to increase or (worse) the market changes and results in vacancy going up and rates going down.Those are not pretty of course, but a large part of winning is being able to stay in the game.
Loryn Bamberg
In Search of: YOUR HUMBLE BRAG
14 October 2018 | 1 reply
We pay 1400 in mortgage and rent it out for 1700 (which is VERY low for the area and we will be charging $1900-2100 next year, we were just in a rush to rent this time around).This year we bought the house we live in and owe 250k and it's worth about 296,000.I am 30 years old, and a stay at home mom.