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Updated over 7 years ago on . Most recent reply

User Stats

40
Posts
17
Votes
Douglas Rice
  • Rental Property Investor
  • Frisco, TX
17
Votes |
40
Posts

Investing in Wichita...good or bad Idea?

Douglas Rice
  • Rental Property Investor
  • Frisco, TX
Posted
Does anyone have any thoughts, ideas or advice on the Wichita market. Looking to pick up 1-2 low cost rentals this year for a buy and hold strategy. Are rentals sting on 3/2 single family homes?

Most Popular Reply

User Stats

584
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812
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Jonathan R.
  • Investor
  • Wichita, KS
812
Votes |
584
Posts
Jonathan R.
  • Investor
  • Wichita, KS
Replied

@Douglas Rice I say great idea. You have the potential in Wichita to achieve greater than the 1% rule. Wichita is the biggest city in Kansas. Taxes are very low. There are plenty of renters. You can't go wrong with a 3/2 single family here if following the BP standards. I'd recommend getting with @Jared Viernes if you are a serious investor. He understands the BP lingo and the investor mindset. Good luck.

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