Real estate investors need knowledge. There are more questions than answers each and every time you begin looking for a new income property. And Chris can help you get the answers to such questions.
- How do I buy the right rental property?
- How do I find an agent that can help me buy the right rental property?
- How do I know how much money this income property will make me?
- How do I find the right property manager?
Chris Lengquist is a professional real estate agent who lives and offices in Olathe, Kansas. Keller Williams Realty, Diamond Partners, Inc., is the real estate franchise with which Chris placed his license.
Chris focuses his efforts on the Kansas City real estate investing market. From Blue Springs, MO to Gardner, Kansas Chris has been in just about every rental neighborhood you can imagine. And most neighborhoods have rental property in them that you may not even realize is rental property.
Working with bank foreclosures, REO property and HUD owned homes is a natural overlap to real estate investing.
That’s not to say Chris and his team don’t enjoy working with “regular” real estate. Many a real estate investor has come to Chris and his associates to sell and buy their primary home or to ask him to help their children buy their first home.
Chris knows his limitations. If you ever have a real estate request outside of his area of expertise or comfort he will refer you to a real estate professional better equipped to help you. No one person can know and do everything. That’s why teams are formed.
Here are some quick facts about Chris Lengquist.
Personal Information
- Born in Kansas City, Missouri
- Raised in Overland Park, Kansas
- Attended Shawnee Mission West High School
- Attended the University of Kansas
- Spent 15 years in Washington, DC area as a Private Investigator and Professional Photographer
- Married since 1986
- Four children in the Olathe School District
Real Estate Resume
- May 2002 – Received real estate license from the State of Oklahoma and placed license with Scott Douglas Realty
- May 2002 thru August 2004 – Practiced real estate in and around Tulsa, Oklahoma while learning the ins and outs of real estate investing from his broker (a CPA) and a client who was a former banker and owned 40+ real estate investment properties
- Top Producer 2003 for Scott Douglas Realty
- August 2004 – Relocated to Olathe and placed license with Keller Williams Realty, Diamond Partners, Inc.
- 2007, 2008, 2009, 2013 – Agent Leadership Council member for Keller Williams Realty, Diamond Partners, Inc
- November 2007 thru 2009 – UMKC Communiversity teacher for Real Estate Investing class
- Broker, Ad Astra Realty, Inc December 2014 – Present
Interests
- Flying
- Photography
- Kansas Jayhawk Basketball
When looking for real world advice on the subject of Kansas City Real Estate Investing you will want to turn to this website and this REALTOR. Chris Lengquist is a real estate agent that works more in an advisory/consultation capacity than that of a salesperson. Offering real life experiences when it comes to investing in rental properties, Chris is able to help guide you through the maze of confusion and misinformation.
This website will also offer you views into the overall real estate market in and around Kansas City including communities like Overland Park, Olathe, Leawood and Kansas City on the Kansas side and Kansas City, Lee’s Summit, Belton, Raymore and Blue Springs on the Missouri side.
Plus, he’ll try to have a little fun as well! After all, real estate investing needs to be done safely. But no one ever said you couldn’t invest with a smile on your face.
Other websites by Chris;
Kansas City Investment Property and Property Management 
our emails aren’t playing nicely together. plz email me an alternative email (and feel free to delete this comment). 🙂
thx!
i am a new commercial real estate invester looking for apt. buildings of 50 or more units with a 6% cap rate or better to build my retirement protfolio .
I am looking particularly for owner financing or a lease to own project, if you know of any please feel free to pass on my email address to the owner or if
ypu or your coleges have anything please feel free to contact me .
your truly Mr DFGriffin
Seattle Wa.
Chris,
Do you know of any lenders there in the Kansas City area that can do a refinance loan on a single family that is a investment property that has been owned now for six months? It was bought as an REO and rehabbed using hard money. The person who is refinancing this property, this would be there first investment property. Let me know if you know of any.
Thanks,
James Peterson
You’ll just really need to sit down and start calling. I’d say on a refi for an investment property you’re probably talking about an ltv of no more than 70%, a point, maybe a point and a half. The six months thing is probably do-able though a little while ago the seasoning was a year.
I don’t have too many folks needing to do that so I don’t follow it as closely as I should. Hard money is a tough row to hoe these days.
Hello Chris
I noticed that you got your start working with a broker and learning the ropes of real estate. I want to do something like that, I live in Waco, Tx where that opportunity doesn’t come easy. Any suggestions of how I can get my feet inthe door for investments, and then onto commercial design and building.
thanks.
BS”d
dear Chris,
i am a canadian realestate investor looking to purchase ( all cash) rental revenue properties in and around Kansas. i am looking for strong long term holds with good cash flow – i need good management since i am in canada and unable to travel that frequently . looking at investing up to 100k per property – preferably multi family . looking for deals –
please feeel free to contact me at
thansk,
ari
Hi Chris,
My wife and I are looking into investing in rental property real estate, probably just one single family home to start, and wanted to know what were the best resources to get started. I’ve been looking online at properties for sale, and would like to speak to someone experienced to get started properly. I live in Brookside and have been looking around KU Med, as it seems the demand for rentals would stay pretty consistent there, and it’s not too far away, but curious to see what you think. I’m curious to hear about other areas of town that would stand out as smart rental investment areas to you also. Any and all help is appreciated!
Thanks,
SR
Hey Chris,
I am an australian investor in a ready-to-buy position.
Plese let me know of your email address so I can possibly send more information about myself, incl. the evidence of my savings, pre-approval letter from us bank, etc.
What is the best time to call you?!
Cheers.
Hey Chris, I have a question for you about turning your own house into an investment property by renting out a remodeling basement. I haven’t seen a lot of this in the area (I’m in Johnson County). What are the legalities involved in this or where should I go for answers?
Most cities in JoCo have zoning laws that aren’t crazy about multiple dwellings under one roof in SFH neighborhoods. I would start by checking with your city.
By the way, turning your primary residence into an investment property won’t happen just by renting out the basement. You’d have to split everything, tax wise.
Excellent post. I used to be checking continuously this blog and I am impressed! Very useful info specifically the remaining section 🙂 I maintain such info much. I used to be seeking this particular information for a long time. Thank you and good luck.
Is quite interesting, as experiences to?Some extra money, you do at.Euros for, sense and torso.And very useful notary public sterling heights, and scorecards It to your goals.Additionally So What, first Secondly Of.,
?marijuana? laws Today:, the month to?Years They,
Chris,
I have been studying and researching the real esate investing over the last 6-7 months. I have talked to alot of agents/investors as well as read a lot of blogs and sites. I have not been impressed with most of them. I really enjoy yours and have learned alot from it. I have just moved here to MO and am looking for a reliable source of knowledge to assist me in getting started in investing. Would love to chat.
Hello:
My name is Trevor Patton with Patton Inc. from Paola, KS. My Company specializes in House Moving, House Lifting, House Leveling, Foundation Repair, and Construction Management.
I am reaching out to Property Investors as one of my Clients has a “House For Sale To Be Moved” in Louisburg, KS, an opportunity Investors might be interested in to buy, move, and resell for a large profit. Feel free to email me for more information, as I believe this could potentially be a rewarding and profitable project.
Look forward to hearing from you.
Trevor Patton
tpatton8@live.com
this may be a little unrelated but if u could respond i would appreciate it
when i hear people who are flipping or who are talking about flipping they are usually only talking about flipping low priced or averaged priced single family homes (and theres nothing wrong with that). my thing is yes you need to start small, with say a 100k property or 150k etc. but i want to eventually graduate to flipping a commercial property that i bought for 8 million and flipped for 10 million, i know that sounds kinda stupid but hear me out, it seems to me that most people who are flipping never graduate past just flipping these cheap homes, hence why they never really make any big, real money (10-20million liquid) theres no real upside in just flipping these cheap properties over and over again. you need to move up the ladder an say hey i flipped this 100k property and now im gunna flip a 500k and then a 1mil property and then a 3 mil and 5 mil and so on u get the point, (yes im not an idiot i know its not that easy) my thing is i know its harder and riskier to flip expensive properties but to me thats the only way to get to the big money….not just make a good living off flipping. But do u think its best way to go if u have big goals of getting to the big money, i see it as the only way there in the real estate game (buying and holding is way too long term for me)
this was not meant to offend any flippers out there just want an honest opinion/answer. thank you
also how long would it take in ur opinion to cash flow 1 million a year in NET INCOME? 30 years minimum?
Hi, May I know your personal email address & celphone number? Thank you for your response.
913.568.1579
chris at adastrarealty.com