Grace Real Estate Team

Professional Real Estate Investment Services In Kansas City

Grace Real Estate Company is now doing business as United Real Estate Kansas City. We have expanded and now have over 120 agents in the Kansas City metro to serve your needs.

Providing a One stop shop for Investors with our Affiliated Companies and Services:
United Real Estate Kansas City,  KC Commercial & Residential Management,  KC Rehab Construction and stated Loan Company.

We offer a superior level of property management and homes in Kansas City Missouri, and professional real estate Investment services team for Acquisitions. We provide turnkey, wholesale, rental, investment properties in Kansas City. Rehab and property management services to Banks, Wholesale, turn key, Cashflow Investors, Buyers, Sellers and Renters in the Kansas City, Missouri area. For 14 years we have perfected the one stop shop for Kansas City real estate investors and Kansas City Investment Properties. We can provide all the property or homes in Kansas City that you will ever need. Our turnkey cash flowing real estate investment properties in Kansas City are remodeled by our in house construction company and property management is provided by our in house Kanasas city property management company called KC Commercial and Residential Property Management. Turnkey, cash-flow, wholesale properties in Kansas city are available on our Wholesale Properties tab on the left. Before and after pictures of our Kansas city investment properties are on the left and will give you a good idea of the quality of rehab done to the wholesale rental properties in Kansas City that we sell. We are the most experienced property managers in Kansas city when it comes to lower income rentals or homes in Kansas City. Our systems, processes, and software for our Kansas City property management is comprehensive, unmatched and proven. With a vast supply of homes in Kansas city, we are positive we will be able to find properties in Kansas city that will make you money. Grace Real Estate Company is the one company all Kansas city real estate investors need.

WHY INVEST IN KC
WHY GRACE REAL ESTATE?
SAMPLE FLIP PROJECT
SAMPLE WHOLESALE RENTAL VIDEO

Sellers!

If you're planning to sell your home in the next few months, this FREE service is designed to help establish your home's current market value. Simply fill out the requested information and we will use comparable sold listings to help you calculate the fair market value of your home.

Buyers!

Automatically receive personalized MLS listings by e-mail. Early each morning I will search the local MLS and find the homes that match your criteria and notify you immediately with the latest listing information! Simply choose Dream Home Finder and fill in the requested information, or, search for yourself here

Contact Us

Have a question? Want more information? Let's get in touch. Call Us For Cash-Flowing, Investment Property 
Grace Real Estate Co. LLC and Las Casas, LLC 
Property Management and Real Estate Investment homes in KC
511 Delaware St. Suite B 
Kansas City, MO 64105 
gracerealty77@gmail.com 
projectkcrehab@gmail.com 
Llame hoy para informacion en Español! 

Our Business Model

KANSAS CITY REAL ESTATE INVESTORS!

Don't spend years creating your own Kansas City real estate investment network. For homes in Kansas City tap into the Grace Real Estate Company, LLC real estate investing network. For over 14 years we have successfully provided properties in Kansas city and managed property, purchased, rehabbed, financed, wholesale, sold, rented, and contract for deed and rent-to-owned cash-flowing investment properties in Kansas city Missouri. In doing so we have created a successful proven investment property network in Kansas city that will make you money with low purchase prices and high cash-flow! We have streamlined the investment process by offering all services an investor would need under one roof. We have created a ONE STOP SHOP FOR KANSAS CITY REAL ESTATE INVESTORS! With over 14 years of property management in Kansas city and a portfolio over 400 houses we have the experience you need to handle your Kansas City Real Estate Investments. Our property management in Kansas city is experienced in section 8 programs and managing property in the inner city. Our properties in Kansas city in which we are the wholesalers or the sellers are going to be good wholesale, cash-flow homes in Kansas City. All of our homes in Kansas City that we wholesale will have big bedrooms, full basements, parking, and completely out of the inner city or midtown area. The properties in Kansas city that we provide are in rentable and desirable neighborhoods. This means more renters and less vacancy on our homes in Kansas city. 

BANKS AND PRIVATE INVESTORS!

With current market situations foreclosures are a reality that many banks, asset managers, and investors are having to deal with. Instead of spending your time searching for several different companies to handle your listings, clean-outs, re-keys, securing properties, handling evictions, dealing with tenants of occupied properties, collecting rents, doing repairs and remodels... we offer all services you would need under one roof. We have created a ONE STOP SHOP FOR BANKS AND PRIVATE INVESTORS! We currently have exclusive right to sell contracts and exclusive management agreements with several local and national banks and investors. To see how we can help you call Patrick @ (816)453-5532. 

KANSAS CITY REHAB INVESTMENT PROPERTIES: LOW ENTRY POINTS AND DUAL EXIT STRATEGY:

Through our years of investing and servicing investors we have developed relations with local banks, real estate agents, and wholesalers to provide us with great properties at low prices. We have certain criteria all of our homes must have and only certain zip codes we invest in. WE ARE BUYING HOMES IN KANSAS CITY FOR .20 TO .30 CENTS ON THE DOLLAR, USUALLY BETWEEN 25-80K. WE ALSO DO NOT PROVIDE PROPERTIES THAT WE WONT MANAGE. WE STAY OUT OF BAD AREAS AND DO NOT PROVIDE INNER CITY LOW END PRODUCT. 

We also have a dual exit strategy on most homes we provide for our investors. The homes we buy and the zip codes we buy all have re sale comps. We will get you into investments rehabbed for 40-50k that we can sell for 75-85k and if we do not sell then we can rent, owner finance, section 8 for 850-900 a month. This is a dual exit strategy. We have perfected the exit strategies and the management and keeping the assets producing income. 

We have three types of investments that we specialize in: 

1. TURNKEY RENTAL OPTION: in this option the houses would be completed, and rented and generate income the day you close. 
Price will vary depending on property and rents the property can generate. on average houses that rent for 800-950 a month would sell for 35-65k turnkey depending on area and property. 

2. TURNKEY REHAB OPTION: THIS OPTION IS COMPLETELY TRANSPARENT THE INVESTOR KNOWS ALL THE NUMBER AND GETS IN FROM THE BEGINNING. In this option you would purchase a foreclosure that we find from the bank using your funds, we will give you a bid to rehab it use our crews to fix and rent it. In this option you wouldn't be paying a profit margin to the seller so your outlay is less you would get in on the ground floor. The average outlay would be 25-55k depending on area and property. In this scenario you would now be able to sell the property for 35-85k and you are now the wholesaler. MOST INVESTORS ARE JUMPING ON THIS MODEL. THEY LOVE BEING INVOLVED, THE TRANSPARENCY, AND THE LOWER COST BASIS IS ATTRACTIVE. 

3. RETAIL FLIP OPTION: in this option we are purchasing houses that can sell for 150k or less. More desirable neighborhoods, higher comps, and we are buying them out of foreclosure for 65-100k and remodeling them and selling them retail to homeowner buyers for 110-180k. 

With low entry points, high rents and cash flow, experienced rehab and property management companies , experienced wholesalers and Realtor, paperwork systems and processes in place your chances of success have greatly improved. Call us today for our list of properties for sale or to set up appointment for free consulting. 816 453 5532 

In the last 12 years we have created a network of vertically integrated companies that work together to provide all the services a real estate investor would need to be successful in Kansas City. 

REHAB LOAN COMPANY:

Our full service, in house lender. We have developed relations with the small local banks in Kansas City to provide loans for our investors and also have a mortgage division that can service all your mortgage needs and the needs of your buyers and tenants. We work with a few small banks and over 20 big wholesale banks to get our loans done. 

KC REHAB CONSTRUCTION:

Our full service rehab/remodel company. From top to bottom, inside and out we can remodel your entire property. From minor cosmetics to siding, windows, roof, kitchen and bath remodel, electric, and plumbing, we can do it all. With rehabbing over 50 houses per year we have the experience to pass the inspections and get the job done right with the right price to hit your profit margins. With over 15 crews we can remodel cheap rentals and also do high end basement remodels. Kc rehab construction is a section 3 kansas city contractor and doing work for the city in remodeling the houses the city is buying. We also supply sub contractors and laborers to help manage the maintenance and repair work for las casa's rental portfolio. Email: projectkcrehab@gmail.com and request before and after photos i have an extensive portfolio of pictures. . CLICK ON BEFORE AND AFTER TAB. 

KC COMMERCIAL & RESIDENTIAL PROPERTY MANAGEMENT

KC COMMERCIAL & RESIDENTIAL PROPERTY MANAGEMENT IS OUR IN HOUSE PROPERTY MANAGEMENT COMPANY. A HUGE FACTOR THAT MAKES US UNIQUE IS OUR AGENTS ARE FLUENT IN SPANISH WHICH OPENS UP A CULTURE THAT 99% OF MY COMPETITION CAN'T TOUCH. PROVIDING RENTALS AND OWNER FINANCE ARE HUGE EXIT STRATEGIES THAT WE USE TO FILL OUR HOMES. WE CURRENTLY MANAGE A PORTFOLIO OVER 18 MILLION FOR 75 INVESTORS. WE USE A ONLINE SYSTEM FOR THE PROPERTY MANAGEMENT AND WE WILL HANDLE YOUR MAINTENANCE, REPAIRS, TENANT LOCATION, SCREENING, AND COLLECTION OF RENTS. WE PROVIDE ONLINE MONTHLY REPORTS AND ANNUAL REPORTS WITH INCOME AND EXPENSES. WE DIRECT DEPOSIT YOUR RENTS TO YOUR ACCOUNT ON THE 15TH OF EVERY MONTH. OUR HOMES ARE VACANT FOR 30 DAYS ON AVERAGE AND OUR TENANTS STAY ON AVERAGE 2-3 YEARS. OUR MANAGEMENT FEE IS 10%. WE HAVE 4 FULL TIME PROPERTY MANAGERS WITH 5-20 YEARS EXPERIENCE IN MANAGING PROPERTIES, WE HAVE 4 FULL TIME MAINTENANCE/HANDYMAN SO YOUR PROPERTIES ARE BEING MANAGED WITH THE UTMOST CARE. WE HAVE APPROXIMATELY 100 HOMES ON SECTION 8 SO WE ARE WELL VERSED IN SECTION 8 AND PASSING INSPECTIONS ANNUALLY. WE ALSO CREATE NOTES AND OWNER FINANCE TO ALOT OF CLIENTS WHO CAN'T GET LOANS. WITH BANKS NOT FINANCING WE ARE CLOSING MORE DEALS THEN EVER. DUE TO US MANAGING THE PRODUCT WE SELL FOR LONG TERM WE ONLY SELL TURNKEY PRODUCT IN GOOD ZIP CODES AND GOOD AREAS. WE STIVE FOR LONG TERM RELATIONS WITH OUR INVESTORS. WE ALSO MANAGE FOR MANY AUSTRALIANS, CANADIANS, AND FOREIGN INVESTORS AND UNDERSTAND THE PAPERWORK THAT COMES WITH MANAGING FOR INVESTORS OUTSIDE OF THE US. 


Due to the companies being vertically integrated and working together in the same transaction we may make a commission on each company when it completes its designated service. However, due to us owning all the companies we can be negotiable to make your numbers work to hit your profit margins and cash flow goals in investment property in kansas city. You don't have to use all of our companies. We have lots of clients who use other realtors but use us for rehab and management. 

FIRST STEP IS TO CALL OUR OFFICE TO MAKE APPOINTMENT FOR INVESTMENT CONSULTATION. 
CALL PAT GRACE 816 456-1843 FOR MORE DETAILS AND INFORMATION ON FEES AND RATES. 

Testimonials

Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. John and Rhonda Robinson
In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you! Daniel and Barb Northfield
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Real Estate News

Latest Realty News from NAR

November 2018 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.99 percent this November, up 19.1 percent compared to 4.19 percent a year ago.

  • Housing affordability declined from a year ago in November moving the index down 10.6 percent from 161.0 to 144.0. The median sales price for a single family home sold in November in the US was $260,500 up 5.0 percent from a year ago.
  • Nationally, mortgage rates were up 80 basis point from one year ago (one percentage point equals 100 basis points).
  • The payment as a percentage of income was up from last month at 17.4 percent this November and up from 15.5 percent from a year ago. Regionally, the West has the highest payment at 23.8 percent of income. The Northeast had the second highest payment at 17.1 percent followed by the South at 16.8 percent. The Midwest had the lowest payment as a percentage of income at 13.7 percent.

  • Regionally, the Northeast recorded the biggest increase in home prices at 8.2 percent. The South had an increase of 3.8 percent while the West had a gain of 2.4 percent. The Midwest had the smallest growth in price of 1.6 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Northeast had the biggest drop in affordability of 14.4 percent. The South had a decline of 9.3 percent followed by the Midwest that fell 9.2 percent. The West had the smallest drop of 7.2 percent.
  • On a monthly basis, affordability is down from last month in all of the four regions. The Northeast region had the decline of 5.5 percent. The South had a decline of 2.0 percent followed by the Midwest with a dip of 1.8 percent. The West had the smallest dip in affordability of 0.7 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 181.9. The least affordable region remained the West where the index was 105.0. For comparison, the index was 148.8 in the South, and 146.4 in the Northeast.

  • Mortgage applications are currently up while credit availability is down. Rates are higher this month but are still historically low. Home prices are up 5.0 percent while median family incomes that are growing 3.0 percent. The job market is steady. More inventory is welcome on the lower end of the market whereas there is more supply of inventory for high priced homes.
  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.

Throwback Thursday: First-Time Homebuyers Then and Now

In 1981 when NAR first started tracking the data, the average age of a first-time homebuyer was 29.  They made up 44 percent of all homebuyers.  Sixty-eight percent of first-time buyers were married couples, 12 percent were single female and 13 percent were single male (seven percent were other).

In contrast, in 2018, the average age of a first-time homebuyer was 46 and they accounted for 33 percent of all homebuyers.  Fifty-four percent were married couples, 18 percent were single female, 10 percent were single male, and 16 percent were unmarried couples (two percent were other).

In 1989, first-time buyers largely rented an apartment before they bought their home at 80 percent, and 15 percent lived with parents, relatives, or friends.  In 2018, the share of first-time buyers that lived in an apartment before they bought their home slipped to 71 percent while the share of those that had been living with parents, relatives, or friends previous to buying rose to 23 percent.

Planning to Buy a Home in 2019?

Mortgage rates are starting off 2019 at very good levels. In fact, mortgage rates declined, starting the new year with the 30-year fixed rate mortgage dipping to 4.5 percent last week from 5 percent a month ago, according to mortgage finance provider Freddie Mac[1]. After a year of gradual increases, mortgage rates are declining. Stock market volatility, global trade worries and the government shutdown are pushing rates down to their lowest levels since August.

But how do mortgage rates affect homebuyers? Fixed-rate mortgages are amortized over the life of the loan. That means that at the beginning of the loan term, most of the mortgage payment goes toward paying off interest. Over time, a larger percentage of the monthly payment is applied to the loan’s principal balance. Thus, when interest rates are low, homeownership is more affordable. If less is spent on interest, homebuyers may be able to afford a larger loan. However, higher rates increase the long-term cost of owning a house.

NAR calculated the monthly payment based on the mortgage rate in the first week of January (4.5 percent) and the rate (5.0 percent) that was previously expected. Nationwide, it is estimated that the monthly payment at 4.5 percent rate is $1,208, while a higher rate of 5.0 percent increases the monthly payments by $72 to $1,280.

The effect of the mortgage rates varies from location to location. In high-end areas, homebuyers are expected to benefit more from lower rates than homebuyers in other areas. For instance, in the San Jose-Sunnyvale-Santa Clara, CA metro area, comparing the monthly payment at 4.5 percent and 5 percent rates, homebuyers pay $353 less every month for their payment at a 4.5 percent rate. However, at the low-end areas, in Youngstown-Warren-Boardman, OH-PA, the monthly payment at 4.5 percent rate is $26 less compared to the payment at 5 percent rate.

The visualization below allows you to see how much the monthly payment changes at 4.5 and 5.0 percent rates for 178 metro areas:

We also calculated the monthly mortgage payment for 3,119 counties and county-equivalents in the United States. Please visit the following web page to see the monthly mortgage payment at the county level.

Thus, homebuyers can still benefit from lower rates. Although the average rate on the 30-year fixed rate sat just below 4 percent for a year in 2016, homebuyers should bear in mind that, back in 1982, the rate was over 17 percent for more than a year. Moreover, historically[2], the average mortgage rate is 8 percent. Therefore, rates are still historically low. Looking ahead, NAR is forecasting the 30-year fixed rate mortgage to average 4.9 percent for 2019 and 5.2 percent for 2020, respectively.

See below how the 30-year fixed mortgage rate has been trending since 1971:


[1] Primary Mortgage Market Survey, Freddie Mac.

[2] Between 1971 and 2019.

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