Monthly Archives: February 2015

February 5, 2015 · 7:33 pm

Let’s Talk Real Estate Investing, Property Management and More

I am very excited to announce our very first Web Conference. I’m sure we’ll develop a catchy name. But for now, I’m just calling them Tuesday Talks. For our very first meeting, I’m going to keep it basic. It will be a kind of give and take to ask others what they will want to learn on these talks. What is interesting to you? Please share in the comments section below or drop me a private email.

Real estate investing will most likely be the chief topic. But we’ll also have to discuss property management and how that has an affect on your returns. We can also discuss financing, leverage, etc. We’ll have more pronounced topics as time moves on. But for our inaugural meeting, we’ll be general.

This first meeting may also give me a clue as to demand for this kind of thing. How many times a month, etc.

So, won’t you join us to talk about real estate investing in Kansas City…and beyond. The principles are the same. It’s the geography that changes.
New Meeting
Tue, Feb 24, 1:30 PM Central Standard Time

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Would You Live In It?

People often ask where I draw the line at what homes we sell to buyers or what homes we will manage for owners. My answer is always a question.

Would you live in it?

We want clean safe homes in decent neighborhoods when it come to real estate investing. Now, decent is a relative term. Where you come from, how much money you make, etc have a lot to do with what you consider decent. But to me, decent has to do with the relative value of a home in proximity to it’s surroundings.

Let me explain further. If the neighborhood the house is in is mostly rental property, it’s probably not going to appreciate along with the city or county rates. Too many rental houses bring a neighborhood down. Lack of maintenance or tenant care are usually the biggest reasons for that.

There are several neighborhoods around Kansas City where investors (usually out of state) have come in and bought so many homes in an area that I worry about the long term viability of those investments.

Clean. Safe. Maintained. In a neighborhood of “stake holders” and one that has long term viability as far as expected appreciation relative to city averages. That’s what I’m looking for in property to recommend to my investor clients. And those are the kinds of homes we love to manage.

Bicycling Olathe and Beyond

I have just set up a Meet Up account to help track our Bicycling in Olathe and Beyond. “BOB”

http://www.meetup.com/Bicycling-Olathe-and-Beyond-BOB/events/220234164/

That’s the URL to visit to keep track of the bicycling adventures that we will schedule here in Olathe. Yes, I fully realize that this has little to do with real estate or real estate investment property. But it’s part of who I am. Just like Jayhawk basketball, my wife & kids, and my faith.

Anyhow, if you are a reader of BBQ Capital and you like bicycling, or would like to try bicycling, come on out and join us. I don’t take myself too seriously and it’s my hope that this group won’t either.

We’ll start at our office here in Olathe. Good sized parking lot and good access to trails. Also, a couple good “after the ride” meeting spots. Hope to see you.