David Riehle
@DavidRiehleREI
Followers
283
Following
45
Media
34
Statuses
203
Investment-Driven Real Estate Agent 📈 | Specializing in SFH Acquisitions for Wealth-Building
Kansas City, MO
Joined January 2023
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
#DevaraTrailer
• 371514 Tweets
ORM HOUSE OF TOUCH
• 274835 Tweets
#ThetouchbkkxOrmKornnaphat
• 272218 Tweets
BAMBAM FM LANCÔME SG
• 95343 Tweets
#高校生クイズ
• 86291 Tweets
篠原さん
• 76781 Tweets
篠原恵美さん
• 70304 Tweets
ジュピター
• 49397 Tweets
セーラームーン
• 44553 Tweets
声優さんの訃報
• 38651 Tweets
#السعوديه_الصين
• 35495 Tweets
病気療養中
• 33735 Tweets
Delogu
• 29308 Tweets
Aston Martin
• 26236 Tweets
Adrian Newey
• 22978 Tweets
Alonso
• 22954 Tweets
KARINA UP ARTi FILM
• 21079 Tweets
الذكاء الاصطناعي
• 16117 Tweets
#うたコン
• 14593 Tweets
Pinned Tweet
Hey Twitter fam! Thought it's about time I properly introduce myself. I'm David, in 2018, after graduating with a bachelor’s in accounting, I moved to Kansas City to dive headfirst into real estate sales.
2
0
12
Another successful move-out! Glad the tenant and I reached an agreement. Much cheaper than an eviction.
105
12
564
@RyanIllsley
Inherited tenant, but life goes on. She was only "paying" $850. We'll clean up the unit and raise it to $1,450 🤑
23
0
304
@Storage_Venture
A few years ago we were buying a property from a Wholeseller. They informed us the seller backed out. After I door knocked the seller, found out they were unaware of the cancellation. The wholesaler sold it to someone else for $1,500 more. We haven’t worked with them since.
1
0
26
Cold calling “for rent” properties:
Script: "Hello, sorry to bother you. My client sent this to me, thinking it was listed for sale. Would you consider an offer?"
Outcome:
- 3 pending transactions
- 2 closed deals
- 2 listings
2
0
14
7 properties under contract this week.
4 SFHs and 3duplexes. Feels good to feel good
2
0
12
I requested a showing for a house listed at $423,000, 60 days on market. The agent called me immediately after my request, saying, "Make us an offer; the seller is highly motivated." I submitted an offer for $370,000. Received a counter at $419,000
4
0
10
Working with an Investor to sell his portfolio of 5 single-family homes in Kansas City. Property manager doesn’t have leases, no keys available, and rent hasn't been collected for 3 months.
1
0
9
Cold called a guy to buy his house, but learned he's going through a divorce and his wife is taking the house. Shifted gears and now we've got him under contract for on a purchase in the same school district. Real problem-solving in action.
2
1
9
This morning, we held an open house for a listing that had been sitting for a few weeks. We offered two complimentary tacos to anyone who stopped by. The truck cost $600 but helped drive 50 people through in just two hours on a Tuesday afternoon!
2
0
8
Offer accepted on another off-market duplex. Seller agreed to 7% commission. 6% is dead, this is the new standard!
1
0
7
The best time to drive for dollars is the night before trash day, as it's easy to spot the vacant homes.
0
0
7
Jackson county recorder of deeds and tax records has been cyber hacked. The recorder said their office is going to be closed, at least until the end of the week. Going back on vacation
2
0
5
Are we still just dating the rate, or are we engaged now? Glad I never bought into that narrative.
Real estate agents: Don't make promises on things beyond your control
4
1
6
Final update: Came to an agreement with the seller. We increased the purchase price $1,250 and close next Friday. The seller will not leave any Google reviews and is responsible for all damages if they do not perform…
The seller signed the purchase contract yesterday, but today they called me to say they want to cancel because they received a higher offer.
What would you do?
4
0
3
1
0
6
Prefer being told to "F off" over a flat "No" when lead generating. The emotional response indicates potential for conversion later. A calculated "No" suggests lack of interest.
0
0
4
Update: 1. Buyer is set to close next week 2. New leases signed on 4 of the 5 properties- tenants showed proof of rent payment 3. 5th tenant is moving out Friday 4. Property manager said I’m mean and won’t work with me in the future. 5. And most importantly my seller is happy.
Working with an Investor to sell his portfolio of 5 single-family homes in Kansas City. Property manager doesn’t have leases, no keys available, and rent hasn't been collected for 3 months.
1
0
9
0
0
4
Went to an open house today, packed with over 80 potential buyers. Looks like we're back in full swing!
2
0
4
@JosephChantry
was one of my first clients in 2019. He trusted me enough to purchase a fourplex as an out of state investor. Fast forward to 2023 - I helped him successfully exit as they look to reposition the capital.
0
1
4
Emotional listing agents kill more deals than a buyer and seller every will. Present the information and advise clients: your client will decide the best course of action
Listing Agents: it’s not your house
1
1
4
The seller signed the purchase contract yesterday, but today they called me to say they want to cancel because they received a higher offer.
What would you do?
4
0
3
Not closing enough deals? Keep calling.
Lacking as a negotiator? Keep calling.
No leads? Keep calling.
Yes, deal flow can be slow at times.
Yes, you don’t get the results you want at times.
But the worst thing you can do is quit.
Keep. Going.
0
2
4
@Flipping_SFR
My friend’s mom got ripped for $18k on a A/C replacement. I told him to have her call me anytime in the future. It’s terrible
1
0
4
Saturation effecting your deal flow?
You can find deals in any market by simply:
- Following up like an obsessed stalker
- Seeing value when others see nothing
- Sticking to your buy box
Do this and watch your deal flow rise and "saturation" disappear.
0
0
3
My rental income isn’t passive income
But I enjoy it a heck of a lot more than working a 9-5.
1
0
3
We just went under contract for two side-by-side duplexes. Each can be bought for $165,000, with a rehab cost of $80,000, and an ARV of $280,000.
Alternatively, we could assign them for $185,000 each, take our fee, and let someone else handle the rehab.
What would you do?
6
0
3
Strongly held belief:
Opportunities in real estate expand as your focus narrows.
Jumping from one asset class to another never allows you to master any.
Pick one:
• Single family
• Multi family
• etc
Learn as much as you can. Build a strong portfolio. Then you can expand.
0
0
3
Listing a fourplex this week for an out of state owner.
Showed up for pictures and the roof was being replaced.
Seller had no idea
Roofing company had the wrong address… 8725 is different than 8527..
1
0
3
@SFR_Investor
@RyanIllsley
Hey, thanks for the shoutout! Appreciate the support and recognition. Let's keep hustling and growing together!
A little more about me:
Hey Twitter fam! Thought it's about time I properly introduce myself. I'm David, in 2018, after graduating with a bachelor’s in accounting, I moved to Kansas City to dive headfirst into real estate sales.
2
0
12
0
0
3
The Kansas City real market is tricky.
This month I’m selling:
•2 duplexes at $640k each
•6-unit property at $615k
•5 SFR package for $550k
•All within KCMO metro
2
1
3
Will close $2,700,000 in volume this month. All direct to seller off market transactions.
How much should I get paid?
#NAR
#askTwitter
2
0
3
This “tool” continues to make me 6 figures per year…
(Insert candid photo of me using my phone)
0
0
2
1
0
2
2020: Bought for $93,000 + $24,000 rehab. Rented at $1550-1750 for 4 yrs. Tenant eviction $3,500 + 3 months rent.
2024: Additional rehab $27,500.
Sold for $223,500.
1
0
2
@SFR_Investor
Random: Totally forgot about the Anita deals from when I first joined. Listening to 'Am I Being Too Subtle' while bird dogging. The book mentioned buying a whole city block for redevelopment, so I called up and down that street until we had enough lots put together.
0
0
1
“Am I being Too Subtle”- Sam Zell
What's the ONE book you would make the 20-year old version of yourself read?
35
0
7
0
0
2
Not sure that it helped, but the home is under contract now.
Our team is trying a new listing strategy for the main photos on rentals and flips.
Using a Black and White photo as the cover image to stand out on sites like Zillow.
I am still not sold but they saw a substantial uptick in views when they switched the the B/W cover photo.
10
1
17
1
0
2
Walked through some new construction homes tonight, and I couldn't help but think, "I thought we left this in 2005?"
#HousingTrends
1
0
2
Tenant called me.
“A/C isn’t working, I’ve changed the filter”
0
0
2
Update: they are offering me $2,000 to sign a cancellation.
2
0
1
@meetmikehiggins
Saw a similar sign a few months back.
No online marketing.
Asking: $220,000
Offer: $205,000
Rehab: $3,500
Closed July, resold in August:
Listed the home at $255,000 sold for $253,000.
0
0
1
@realfrugalmogul
When I was 23, I volunteered with the mastermind group Gobundance, gaining firsthand exposure to personal finance, real estate, and entrepreneurship
1
0
1
@_FlipMan
In Kansas City, it's common to find older small multifamilies that were originally single-family houses pre-WW2. Post-war, with the population surge, many were converted into duplexes.
Reverting them back now is somewhat simpler due to their initial design.
0
0
1
#1
real estate hack to get 'lucky':
∙ Pick up the phone.
∙ Make calls.
∙ follow up.
Do this for 365 days and people will say you got lucky.
0
0
1
@rosaticorp
Wife and I got a pizza box with glued together singles. Was a nightmare to separate/keep in my wallet.
1
0
1
@Investenomics
I held their feet to the fire and they backed down. We will close at the end of the month.
1
0
1
Let’s do more deals
Purchased on 8/25
Leased on 9/25 at proforma 6.2% Cap
The benefit of buying quality homes in great neighborhoods is the high demand from tenants.
Reno included interior repaint, new appliances, bathroom refinish.
1
3
20
0
0
1
@JCacciapaglia
I went to college in South Dakota. 6 months of winter, gotta stay warm somehow!
0
0
1
Stats for the week:
2 under contract
1 sold
1 new listing.
120 prospecting calls
5 appointments set
0
0
1
Bob has peace of mind.
Bob is debt free. He owns his house free and clear, valued at $500k. He has cash of $50k. He owns 3 cars free and clear, valued at $50k. His IRA has a value of $400k.
Is Bob a millionaire?
438
17
512
1
0
1
Connected with an out-of-state investor two weeks ago who had 6 stalled flip projects. We listed them all, and one is already under contract. Sometimes, it's better to cut your losses quickly instead of pushing through a tough rehab.
0
0
1
Cigarette butts scattered around a job site really bother me. 650k home and I'm seen as the bad guy for asking the crew to pick them up.
1
0
1
Just a reminder to scope your sewer lines! (Yes that’s concrete) Picture upstream from the city manhole.
1
0
1
Weekly Business Update:
Louisville:
3 SFHs under contract
Kansas City:
2 SFHs under contract
1 buy 1 sell
0
0
1
Closing on a five-home package this Tuesday. My out-of-state seller is taking a $45k hit—a tough lesson, but he's cutting his losses from $3,500 monthly due to a bad property manager.
1
0
1
@RyanIllsley
Recently, a property manager signed the lease on behalf of the tenant. When I confronted him about it, he fired his client and stopped responding to me…
2
0
1