kansas city real estate investing: Multi-family Short Sale in Kansas City Metro Just Listed - 11/02/09 01:36 PM
Just listed!  Take a look at this great 4-plex located at 230 W Kump Ave in Bonner Springs, KS and property management is already in place.  Visit our website to see the video, many photos and details we have for you.
Looking for financing?  We have a local lender who would be glad to take a look at financing qualified buyers!
3 out of 4 units already rented!
Potential Rental Income:  $22,800Less Operating Expenses:  $7,241Net Operating Income:  $15,559Cap Rate:  11.53
Have investment property you would like to sell? Looking to buy investment property?  Call Paul Surles at 913-488-7588 to talk about your goals and … (0 comments)

kansas city real estate investing: Funding Now Available for Kansas City Rental Properties - 10/19/09 02:53 PM
Just a quick post here to let you know we're not sure how much longer this lender will be offering this program for Kansas City single-family to 4-plex investment properties.  If you've been wanting to add to your existing portfoltio and have been limited because of financing this might be the opportunity you've been waiting for.  Following are the terms the broker provided to me, so take a look these and then look at our website to see which properties you'd like to take a closer look at acquiring. 
•·     Lender will loan up to 75% of the After Repaired Value!  This can be a ZERO … (0 comments)

kansas city real estate investing: Residential Rental Property Financing is Back in Kansas City - 10/09/09 06:00 PM
I could hardly wait to write this post because it's been about a year since I have heard anything close to what my new mortgage broker contact has to offer.   Have you been wanting to purchase more residential rental properties in Kansas City but couldn't because of financing?  Take a look at the following terms the broker sent to me and look at our website to see which properties you'd like to take a closer look at adding to your portfolio. 
•·     Lender will loan up to 75% of the After Repaired Value!  This can be a ZERO down payment loan.  Yes, ZERO!
•·     Funds available for … (1 comments)

kansas city real estate investing: We'll be talking Tonight About How Your IRA Can Earn More with Real Estate - 04/14/09 03:01 PM
Isn't it a struggle to come-up with any investment idea that can earn anywhere close to 17% a year in today's market.  Stop by our table tonight between 6pm and 7:30pm prior to the Mid-America Real Estate Investor Association meeting.  Joe and I will be there to talk with you about your IRA goals and how real estate might be a good diversified part of your portfolio.  We'll be right outside the ballroom at the Overland Park Marriott at I435 & Metcalf (10800 Metcalf).
When:  Tuesday April 14th, 6pm to 9pm
What:  Networking and Education
Vendor Tables Reserved:
Paul Surles & Joe Reece:  Tucker One Properties, … (0 comments)

kansas city real estate investing: Taking a Snapshot of Today's Kansas City, MO Small Multi-Family Market - 03/12/09 04:40 PM
We've had several inquiries recently about the small multi-family market of up to $500k in Kansas City, MO so I felt like posting a quick article would help others get up to speed as well.  Let me know if you or a group would like to take a closer look at one or more of these.  You might have heard that I'm progressing through the CCIM candidate program and as a result can provide you with an additional level of expertise. 
In addition to a few stats below, there is a link at the end of the post you can use to get directly into our local Multiple … (0 comments)

kansas city real estate investing: Kansas City Cash Cows - A Package of 3 Single-Family Investment Homes - 02/16/09 04:06 PM
Ever thought you'd see a small investment package that you could purchase and likely get your initial investment back in the 1st year?  This might seem strange to folks from out-of-state, but take a look at the cash flow forecast on Loopnet.  
Two of the three homes are occupied by residents participating in our government's Section 8 program.  This means you'll get the rent every month on time and don't have to worry about chasing folks down for the rent.  The net operating income even includes property management and repair reserves.
Let me know your interest in taking a closer look at these.  We can help … (0 comments)

kansas city real estate investing: Looking for a low price-per-unit multi-family investment? - 01/05/09 03:25 PM
Looking for a good multi-family investment?  We can customize a direct MLS link for you to see all the multi-family properties in the Kansas City metro.  E-mail us at Paul@PaulSurles.com with your criteria and we'll let you know by e-mail of any active listings.  Take a look at what's available today:
4-plexes starting at $19,900 6-plexes starting at $30k 8-plexes starting at $44,900 10-plexes starting at $100k 12-plexes starting at $119,900 16-plexes starting at $149,900 24-plexes starting at $159,900 Looking for multi-family financing?  We have local lenders in Kansas City that would welcome a conversation with you.  For more information about Kansas … (0 comments)

kansas city real estate investing: Custom MLS Links Now Available for Multi-Family Real Estate Investments in Kansas City Metro - 12/17/08 10:13 AM
Looking for a good multi-family investment?  We can customize a direct MLS link for you to see all the multi-family properties in the Kansas City metro.  E-mail us at Paul@PaulSurles.com with your criteria and we'll let you know by e-mail of any active listings.  Take a look at what's available today:
4-plexes starting at $19,900 6-plexes starting at $30k 8-plexes starting at $44,900 10-plexes starting at $100k 12-plexes starting at $119,900 16-plexes starting at $149,900 24-plexes starting at $159,900 Looking for multi-family financing?  We have local lenders in Kansas City that would welcome a conversation with you.  For more information about Kansas … (0 comments)

kansas city real estate investing: Treasury Secretary Paulson Announcement Good News for Small Private Investors - 12/10/08 02:21 PM
Washington DC - Treasury Secretary Paulson announces that banks will be on their own in disposing of REO's and short sales. The Government will not use TARP money to buy bad mortgage loans made by banks. It is estimated at over 1.6 million foreclosures will occur this year and 1.9 million is projected for 2009. This is great news for small private investors wanting to take advantage of flipping short sale and REO's.
Where's the opportunity for small private investors?. . . .
Use all the various HSA programs in all 50 states.Use our No Down Payment Program to eliminate down payment requirements … (0 comments)

kansas city real estate investing: MLS Link for Multi-Family Real Estate Investment Property in Kansas City, MO - 12/10/08 10:45 AM
Just a quick note here for anyone looking for multi-family real estate investment units in Kansas City, MO. Can you believe prices are as low as $10k in the northeast area for a fixer-upper duplex??? Click Here to see active multi-family properties in Kansas City.
Enjoy shopping and let us know if you'd like to take a closer look at these. Need to sell your multi-family units in the Kansas City Metro? Let us interview for the job to help you get top dollar even in today's tough credit market. Paul Surles 913-266-5847 Keller Williams Realty, Partners Inc. 11005 Metcalf Ave Overland … (0 comments)

kansas city real estate investing: One Bright Spot Shines After a Corporate Downsizing - What to Do with your Nest Egg - 11/19/08 04:06 PM
With the disappointing trend of corporate downsizing, there is one bright spot. . .you can rollover the funds in your former employer's 401k into a self-directed IRA and do more with it other than the usual stocks and mutual funds.  And, this can be done with no early-withdrawal or penalties.  A custodian who has a wealth of experience and has a good track record with us in helping people with rollovers is Equity Trust Company. 
We have been talking more and more lately with fellow Realtors in our local market and throughout the country about the importance of working with someone with experience working with investors through the process of purchasing real … (0 comments)

kansas city real estate investing: In-depth Analysis of an Investment Property Package in Today's Economic Times - 11/17/08 11:48 AM
During the last few days it has been obvious there are many ways to evaluate how much a single property or package of propertes are worth in today's real estate environment.  I recently completed completed the training to attain a Missouri real estate broker license as well as completed the CCIM Introduction to Commercial Real Estate course. 
Even though I learned a lot from both of these, I'm not suggesting you go out and do the same.  What's important is to connect with people who have the knowledge from courses like these.  There is likely someone in your local real estate office … (0 comments)

kansas city real estate investing: Here's the Beef Agents Can Share with Customers When it Comes to Being More Prudent with Your Retirement. . .What? No Stocks? - 11/17/08 11:23 AM
Ok, so you're like me and wish the stock market would have better returns these days.  It's tough to understand why so many people keep so much of their retirement money in stocks.  There is a better solution that more and more people are moving to as an alternative to the stock market. . .real estate.  Looking at the numbers it's a tough case to beat.  Take a look at this estimate, which can obviously vary up or down depending on rental income, market conditions, etc. 
Step 1) Your IRA purchases a 5-bedroom investment rental home for $61,500
Step 2) A tenant pays rent to … (1 comments)

kansas city real estate investing: Intra-day Listing Notification Now Available in Kansas City - 11/14/08 01:59 PM
We now have the ability to offer you intra-day notifications to your mobile phone and/or e-mail so you're one of the first to know when a foreclosure, REO, short-sale, etc. property is listed in the Kansas City metro. No more waiting for the one-day summary of listings! E-mail us your criteria at Paul@PaulSurles.com or phone-in your criteria at 913-266-5847. We would be happy to customize a notification system that fits your criteria including city, county, price range, multi-family, single-family, etc. . .more the better. Example: County: Jackson, MO Price Range: $25k-$75k Type: Multi-family (duplex-apartment building) *Contact Info: Paul Surles, 913-266-5847, Paul@PaulSurles.com … (0 comments)

kansas city real estate investing: New Feature-Rich Property Search Available - 11/13/08 11:34 AM
I'm glad to announce we are offering a new and FAST service to investors and homebuyers.  It's a super feature-rich search tool if you:
want to be one of the 1st to know as soon as a listing hits the market want to know where the foreclosure listings are in the city you're moving to own a property and want to buy other properties within 1-mile (or your criteria) surrounding it want multiple notifications during the day, week, or month to be one of the first buyers to make an offer want to see where to buy the Kansas City real estate investment property … (0 comments)

kansas city real estate investing: Short List Invitation for 2-Hour 1st Look in Kansas City - 10/31/08 12:33 PM
In order to better serve my investors we are offering a "Two Hour, First To Know" short list opportunity to get first look at all of our properties.  To remain on the "short-list", please read this email very carefully.  My overall marketing list consists of over 3,500 people and every time I market a new property, it is sent to several places, including my email lists and several Yahoo News Groups.
Many people have an opportunity to view the property; however, I have a growing list of investors that always get first pick. This is a small group of serious, pre-qualified … (0 comments)

kansas city real estate investing: Here's an option to consider for your retirement savings regardless if McCain or Obama is elected - 10/29/08 04:48 PM
Several investors I have talked with this week have said they are going to wait on buying real estate investments until after they know if McCain or Obama wins the election next week.  Part of this rationale is each candidate's approach to taxation could affect each of us differently compared to today.  The only thing I know for sure today is that there are tax-free or tax-deferred benefits with certain types of retirement accounts.    
Do you have an IRA?
Do you have a Pension Plan?
Have you lost $$$ in the stock market?
Are you looking for retirement funds?
In today's market, question #3 is almost a … (1 comments)

kansas city real estate investing: Kansas City Wholesale 5-Bedroom Investment Home Back on Market - 10/29/08 11:40 AM
Priced for QUICK SALE at $61,500!  Rent range: 900-1200/month.  Buyer backed out of contract yesterday and this is a real bargain.  Estimated Net Operating Income (NOI):  $556/month! 
5 spacious bedrooms with 1.5 bathsDecorator 2-color paint scheme inside throughoutBeautiful woodwork insideHardwoods in family room and living roomHome Warranty Included
714 Benton Blvd, Kansas City MO  64123Appraised in October 2008 for $90,000Rent range: $900-$120070% of Appraised Value: $63,000Less Repairs: $ 1,500 for central air unitOffered at $61,500Equity: $28,500 (30%)Net Operating Income:  $6,676/year ($556/month!)
see more at www.MetroREOSales.com or call us at 913-266-5847.
owner/agent
… (1 comments)

kansas city real estate investing: Kansas City Investment Package of 9 Single-Family Homes - 10/27/08 10:34 AM
Property Description:All of these homes are newly remodled turn-key rental investment properties either rented or ready-to-rent. We offer a complete investor-oriented team here in Kansas City to make it easy for out-of-state clients. Team includes property management, financing and insurance.Sq footage is estimated at 13,500 for all properties. Owner/agent.
Location Description:All homes are located in Kansas City, MO:3847 E 60th Terrace3217 College St5646 Olive St5143 Euclid Ave3318 College Ave2526 Norton Ave1807 Hardesty St137 Kensington Ave714 Benton Blvd
Owner/Agent
Cap Rate:  10%
Gross Rent Multiplier:  73
See more about this package on our LoopNet ad and at Metro REO Sales.
… (0 comments)

kansas city real estate investing: Kansas City Investment Home Offered at Discount - 10/27/08 09:26 AM
This newly remodled investment rental home that's all-electric, 4BR/2bath, leased-up, and cash flowing. Buy now with ZERO $$$ Down and have instant equity!!!
Property management company in place for the out-of-town investor.
Features. . .
Painted inside with upgraded two-color paint selection NEW electric furnace and hot water heater NEW energy efficient windows throughout NEW central A/C NEW Guttering Berber Carpeting Full basement Ceiling fans Good roof 100-amp Electrical Large back yard Fenced yard front and back
Investment Analysis:
Sales Price:  54,600 (estimated appraisal value is $78,000)
Gross Rental Income: $750/month ($9,000/yr)
Effective Rental Income: $8,100 Less Operating Expenses (prop mgt, … (0 comments)

 
P1000743 Rainmaker_large

Paul Surles

Overland Park, KS

More about me…

Keller Williams Realty, Partners Inc.

Address: 11005 Metcalf Avenue, Overland Park, KS, 66210

Office Phone: (913) 825-4024

Email Me

Keeping real estate real. Making a Difference, One Family at a Time. Marketing a luxury home in the Overland Park KS area requires our specialty in this distinctive niche and ability to reach high net worth buyers. Finding just the right high-end buyer requires extensive personal connections with other agents, and the ability to reach out globally. We specialize in marketing homes in the Overland Park KS area. Popular neighborhoods include Wyngate, Wilshire Farms, Wilshire Woods, Mills Farm, Nottingham, Town & Country, Wellington Park, Lancaster, Brandon Place, Park Bridge, and homes near Church of the Ascension Catholic School and Heartland Elementary in the Blue Valley school district.


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