Many residents of the inner city desire to be Home Owners.  The Urban Core has an abundance of homes that most any of these residents could own if they just had a little help from someone that cares.  Real Estate Investors have a unique opportunity to provide help to these wanna be Home Owners.  I have been buying inner city houses now for about 2 1/2 years and have talked to many applicants for my rental properties.  About 60%-75% of them would like to buy the house they are about to rent from me, so I provide a way for them to eventually own it.  It gives them a chance to own a home, and I get to recoup my investment quicker than if I only rented to them.  Plus, as a bonus, if they Rent-to-Own, I get a more responsible renter that will take better care of the home because they are working to eventually own it.

I invest in the Urban Core and also in the pretty neighborhoods.  The benefits of helping 1st Time Home Buyers who might not have had a chance without me, exist in both types of areas.  I get a buzz out of doing this for people and I get to make a little money at the same time.

KC Investment Property, KC Rental Property, Lease Option, Rent to Own, First Time Home Buyer, Kansas City Real Estate, KC Improved Housing Solutions

In the spirit of Improvement, I recently joined Realty Resource of KC.  I made the move so that I could better serve other investors in the KC area.  My services include helping investors BUY, REHAB, MANAGE, and SELL their investment properties here in Kansas City.  I can provide Construction Services, Contractor Coordination, Project Management, Draw Request Inspections, Budget Analysis, Pictures, etc. for investors that need the help.  If you are looking for investment opportunities in the Kansas City area, I can help and It would be my pleasure to serve you!

Doug Voss   KC Improved Housing Solutions    

816-523-4400

816-523-4400

I can’t believe it’s almost March already!  Man…where did February go?  The way I look at it, 1/6th of my year is up and I am way behind on my earnings for the year.  I mean, I definitely haven’t yet earned 1/6th of the income I expect to earn this year.  I need to do a lot of catching up.  I have several deals I’m working on right now but none have quite ripened.  Well, they will. 

This winter has been long it seems, lots of snow and ice.  I’m frankly tired of it.   Last night we got 2″ of snow.  I think that makes a grand total of 23 or 24″ for this winter.  We usually get about 15 or 16″.  And we still have 4-6 weeks of potential crappy weather left yet.  I will welcome the growing season again.

Today I loaded a new Header onto my blog frontpage.  The Arrowhead Stadium marquis boasting the “Loudest Stadium in the NFL”.  I took that picture last season before the Jacksonville game.  My wife and I were invited onto the field during pre-game warmup.  That was fun.  I am trying to find just the right image for me, this is just interim until I get the right one.

Bear with me, I’m new to blogging and sometimes don’t know what to write about, see you next time.

No matter what strategy you use for investing in Real Estate, at some point you will need to get your hands on more money than you currently have.  That’s one of the secrets of Real Estate Investing, using leverage to acquire assets.  He who learns to use OPM for acquiring more property will be able to create wealth fastest.

For this moment, let’s discuss finding private individuals who have money to invest in your deals.  This is one of the most powerful kind of OPM.  It is quick and easy to get money when you need it most.  Because, in real estate investing, the first one to get to the deal with the money he needs to close the deal, gets the deal.  So, finding private money investors is crucial to keeping the momentum going on your real estate investing career. 

I currently have one private investor who has set aside a sum of money to invest in my expertise in real estate.  I pay him a better rate of return than can be obtained in other conventional types of investments available right now.  So when I find a deal that I need funding fast, I call my PMI.  We discuss the deal, we decide on the terms, and we do the deal.  I only wish I had about 10-12 of these individuals.  I’m always looking.

What would you do if you could earn 2-3 times the rate of return you currently are getting, secured by actual tangible real property, and turn your money anywhere from 2-6 times every year.  Do the math! 

If you would like to discuss PMI more indepth, please email me.  doug@kcimproved.com