Equity Share For Kansas City Real Estate Investing

We all learned from a young age the importance of sharing. But now I want to talk to you about sharing in a matter than can be profitable to you and me. I'm talking about Equity Sharing for Kansas City real estate investing purposes.

This blog is blessed with readers from around the country. The readers are usually very interested in real estate investing in particular and have a passing curiosity or serious interest in Kansas City. And I'm fully aware that the reason some readers have never pulled the trigger on a Kansas City investment property is because they are wary of the "hassle" owning an investment property a number of miles from their home.

In short, they don't yet trust their ability to find the right property or the right property manager and they don't want to have to come into town to clean things up or worse, to have to liquidate the property quickly at a loss because things haven't worked out. Real or not, those are real fears.

THE PROPOSAL

Here is what I propose. Right now I'm looking for 1-3 real estate investors who have the money but not the time to purchase and own more real estate investments. You will qualify for the mortgage, put in the money for the down payment (10% minimum), pay the closing costs and put 3 months operating expenses in a checking account to cover the income property's cash needs for the duration of the equity share. Total cash outlay will be expected from $15,000 to $35,000, depending. After closing a quit claim deed granting me a 50% Tenant-in-Common share to the rental home.

My responsibilities will be to carefully select the right investment property to purchase and to sell you on why this rental property won't cost you any additional funds. In essence from that point I act as landlord. I will screen and select tenants, manage the month-to-month operations of the investment property and report to you as often or as little as you wish for the duration of the equity share.

During the duration of the equity share YOU take all the tax benefits afforded an investment property owner. We keep the monthly cash...To continue reading the rest of this article click here.