Doug's Blog

Looking for Multi-Family Property

Doug Voss (KC Improved Homebuyers, LLC) — Wed, 07 May 2008 21:50:33 -0500

KC Improved HomeBuyers LLC is currently looking for a 20-100 unit Multi-Family property to purchase. Ideally we are interested in C class properties in larger metro areas in the Midwest. Brokers bring your problem properties with value-added opportunity. Prefer not to see run-down 100% vacant properties. We are looking for under-performing properties, value added component, possible seller financing, whatever. We are creative so let us know of your flexible, tired Sellers.

Thanks in advance for your possibilities.

Doug Voss, KC Improved HomeBuyers, LLC

913-856-5466

www.kcimproved.com

www.kcapartmentbuyers.com

4124 Georgia Ave, Kansas City, KS 66104

Doug Voss (KC Improved Homebuyers, LLC) — Mon, 25 Feb 2008 20:21:42 -0600

Fabulous Bungalow! Kansas City, Kansas

Investor/Owner. Home has been completely renovated including new Electrical, HVAC, refurbished hardwood floors, new tile surrounding bathtub, new 40gal water heater, new carpet in bedrooms, new vinyl flooring in Kitchen, Dining and Bathroom. Basement painted white for good lighting. Exterior has been completely cladded with new vinyl siding, new Cabinets in Kitchen, Dishwasher and Range go with the home. Builder's warranty good until December 2008.

2 Bedroom, 1 Bathroom, 841sf, 1.3acres land included, fenced yard.

$72,900.00

Call Doug Voss, Platinum Realty

(913) 227-0798 x813

Do you Charge for your Services?

Doug Voss (KC Improved Homebuyers, LLC) — Thu, 21 Feb 2008 18:01:38 -0600

I had a caller today that wants to sell their home and doesnt have much time to act. They have a balloon payment due in May of $16,500 and they have no money. I was somewhat dismayed when I asked if they wanted to list their home with me, She said no. They are trying to FSBO it. I then asked what they are going to do when they sell and where they are wanting to move to. She said they have "A Guy" that charges $85 to help them find a home to buy...UNBELIEVABLE! What a scam. I told her it costs her nothing for me to represent her as the Buyer's Agent. She didn't want me to be her buyers agent, doesnt want to list the home. WHY IN THE WORLD DID SHE CALL? Just to pick my brain? I guess I need more training in psychology.

Any Comments?

Make it Better and Provide More Value

Doug Voss, KC Improved

visit my website at http://www.kcimproved.com/

visit my Wordpress Blog at: http://www.kcimproved.wordpress.com/

Doug R Voss, Real Estate Consultant for Platinum Realty of KC, 913-227-0798 x813 - http://www.platinumrealtykc.com/

http://www.kc1-homeseller.com/

What's with the "IMPROVED"?

Doug Voss (KC Improved Homebuyers, LLC) — Tue, 19 Feb 2008 20:04:05 -0600

KC Improved HomeBuyers

What's with the "IMPROVED"? According to my MS WORD© Encarta Dictionary it means: in a better or more valuable condition.

We buy distressed foreclosure properties in the inner urban core of Kansas City and invest in the property to transform it into a better and more valuable place. There's a lot of risk doing what we do, most people stay away from areas we work in. Most people we deal with however just want to better themselves just like you and I do. We try to provide that value for them.

We like to feel that we have an "IMPROVED" approach to the value we provide to the Neighborhoods we Improve, the Community we serve, the City we live in, and the people we help. The most important thing we must do is IMPROVE peoples lives. We do this by giving people who might not have the opportunity to BUY a home the ability to OWN a home over time and build GOOD credit through our RENT-TO-OWN, Lease/Option Purchase programs.

IMPROVED...most RE Investors that do rehab projects don't provide the quality of value we invest into our properties.

IMPROVED...most Buyers and Tenants that tour our properties are IN AWE as to the high quality of finish without going over the top and outpricing the home for the area it is in.

IMPROVED...cash flow!

IMPROVED...no maintenance calls because EVERYTHING IS NEW!

IMPROVED...people want to live there.

IMPROVED...guaranteed! (1-year workmanship after purchase) if something breaks down after a year, we are still here!!! we aint goin nowhere.

More people should take an IMPROVED attitude to their Service. They will get a lot more business.

Make it Better and Provide More Value

Doug Voss, KC Improved

visit my website at http://www.kcimproved.com/

visit my Wordpress Blog at: http://www.kcimproved.wordpress.com/

Doug R Voss, Real Estate Consultant for Platinum Realty of KC, 913-227-0798 x813 - www.PlatinumRealtyKC.com

www.kc1-homeseller.com

Making Money in Real Estate

Doug Voss (KC Improved Homebuyers, LLC) — Sun, 17 Feb 2008 13:56:03 -0600

I am a newly licensed REALTOR(R). I work and live in the Kansas City Metropolitan Area. Prior to getting involved in Real Estate I spent 20 years in Commercial General Contracting as a Project Manager. KC has not been without it's share of up and down swings in the Real Estate market, which through the years as a Project Manager I have experienced multiple hard times and a few good times.

As a REALTOR(R) and Investor, I find that there are many ways to earn a living. It seems that the current market conditions is kind of like a double edged sword. There are many opportunities to get great deals but buyers are having a harder time qualifying to purchase these gems. Since I sell SERVICE, the only way to make money is to provide a better SERVICE than the other 10,000 or so REALTORS(R) in my area. This obviously will take time and persistence. I love a challenge. I have a few ideas on how to keep the wolves away and keep food on the table while still marketing heavily for new leads for sellers and buyers.

1. Market expertise in construction to banks for Inspection Services on current construction loans.

2. Do some BPO work.

3. Self perform some of my investment property rehab construction.

Any suggestions?

Thanks for listening,

Doug Voss, KC Improved

visit my website at www.kcimproved.com

visit my Wordpress Blog at: www.kcimproved.wordpress.com

Doug R Voss, Real Estate Consultant for Platinum Realty of KC, 913-227-0798 x813

Lease/Purchase Option

Doug Voss (KC Improved Homebuyers, LLC) — Sun, 17 Feb 2008 10:59:37 -0600

Many First-Time-Homebuyers don't really understand what they can afford and also don't understand how their credit situation truly affects their ability to buy. I deal with quite a few lower income clients and they ALL want MORE than they can afford. They usually don't have much money saved up if any at all and they think they can buy with no money down. Some can, using special 1st Time Homebuyer incentive programs provided by the government and certain lenders.

I like to offer the idea of Lease with Option to Purchase as a method for them to own a home. If they are on the border of qualification for conventional bank financing, but not quite there, we can try to negotiate a small down payment and affordable monthly rent payments with some portion of the rent being applied to future purchase. You might be suprised how many sellers would actually accept this type of offer if presented correctly.

Each time I have one of my investment properties come available due to a tenant moving out, I advertise it and offer it For Sale - Lease Option. Even if I don't find a L/O client, I usually get better renters, that want to be owners but might not qualify for purchase. My units are taken care of better and usually, by working with these new renters, I can convert them to buyers over a relatively short period of time.

Next time you are trying to decide if you should work with a buyer that does not have bank pre-qualification, get to know them, they may be a future buyer!

Thanks for listening!

Doug Voss, KC Improved

Visit my website at www.kcimproved.com

Visit my Wordpress Blog at www.kcimproved.wordpress.com

Doug R Voss, Real Estate Consultant for Platinum Realty of KC, 913-227-0798 x813

KC INVESTMENT PROPERTY-Wholesale Deal

Doug Voss (KC Improved Homebuyers, LLC) — Wed, 13 Feb 2008 22:05:01 -0600

I have a Wholesale Property in Kansas City MO.

It's a 2/1 with Full Basement, approx. 1124 sf, steel siding, wheelchair accessible. Needs about $20,000 to fully renovate. Will sell for $23,000.

$65,000 ARV

$43,000 All In

$22,000 Equity after fixup

66% LTV

Rent for $650/mo

Cash Flow Potential $272/mo based on 30 yr note at 7% and $484 taxes, $484 insurance annual

HURRY, WE ARE SELLING THIS IN NEXT 7 DAYS OR WILL START RENOVATON AND SELL FOR 70%LTV AFTER COMPLETED.

We can help with Lenders and Contractors. We can find Renters and Lease/Option Buyers.

Please visit our website at www.kcimproved.com

NEW GROUP - Midwest Investment Properties

Doug Voss (KC Improved Homebuyers, LLC) — Wed, 13 Feb 2008 21:38:05 -0600

I want to send out a WARM Welcome to anyone who is interested in posting Real Estate Investment OPPORTUNITIES in major Midwestern US Cities. PLEASE, anyone who has opportunities in the following cities and any others, post your items here:

KANSAS CITY

OKLAHOMA CITY

DALLAS

CHICAGO

TULSA

ST. LOUIS

Any Others

I know there are GREAT Opportunities out there and there are EAST & WEST COAST INVESTORS that want to hear about them. PLEASE Post them here. MIDWEST INVESTMENT PROPERTIS GROUP.

JOIN NOW!

Desperate Sellers

Doug Voss (KC Improved Homebuyers, LLC) — Wed, 13 Feb 2008 20:19:35 -0600

Today I had a caller ask me if I would be interested in buying a house that had 4 lots with it in the inner city (Kansas City, KS) for $1000. Naturally I perked up a bit. She said that she is moving out of town and needed to sell it before she leaves next week. Well...I drove to the property to have a look-see! My God!...WoW!!! This place was a small natural disaster. The house was barely standing, the outside of the house alone needed about $15k-$20k and no telling what the inside needed. The extra lots were overgrown with trees and underbrush. It amazes me that the City is not coming down hard on this person to get the place cleaned up. I know if I bought it, they would be on me immediately. Anyway, I called her back and told her I wasn't interested and she said she had another buyer who would pay $500. She went on to say that this person is planning to actually live there. I don't even think any of the utility companies would turn on the services. Anyway, whenever I get a call like this one, you know, the one's that seem too good to be true...I always check them out, you never know when you might find a diamond in the rough. MAYBE NEXT TIME!

By the way, she bought the property sight-unseen at a tax sale, $1600.

Doug

KC IMPROVED!

Doug Voss (KC Improved Homebuyers, LLC) — Sun, 13 Jan 2008 22:11:20 -0600

I can't believe how many investors I have talked to in the last few weeks that are trying to unload thier cashflowing property in KC. Most of them have ben having trouble selling and many are stuck in high interest construction loans unable to refinance out due to the recent tightening of lending guidelines. About all I can say is that they need to figure out a way to suck it up and hold on for better times to come. They stand to make a handsome profit later if they do. I have been trying to buy up as many houses as I can in recent weeks. There is a lot of low fruit hanging here in KC, if you know what I mean.

On Saturday alone, I had 3 phone calls from sellers that are willing to give up thier deed if someone will just take over their payments. What a business! I've got out of state investors with KC investment properties that are looking for more to buy. There's more great deals here than I can physically go look at. I can't buy them all (although I'm gonna try).

Do you want to buy in KC?

Doug Voss

KC Improved HomeBuyers

Local Rehabber, Investor, Buyer, Seller, Realtor

Improving KC One House at a Time

Private Money Sources

Doug Voss (KC Improved Homebuyers, LLC) — Mon, 07 Jan 2008 23:42:30 -0600

As our company grows, we find that our largest amount of time is spent looking for sources of money. Private sources, we find, are much more desireable due to the minimal amount of hassle required to access the funds when needed. Larger investment projects, especially the multi-family deals we are working on, require access to funds for various costs during the purchase process. Further, if we are purchasing, rehabbing, multiple projects simultaneously, we need several sources of funds pretty much at our disposal. Anyway, if anyone is reading this, and has sources for Private Money, I would be interested in hearing from you.

Thanks,

Doug