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Updated over 6 years ago on . Most recent reply

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0
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Akhil Viz
  • Real Estate Agent
  • Long Beach, CA
0
Votes |
5
Posts

Buying to rent or flip in Wichita, Kansas

Akhil Viz
  • Real Estate Agent
  • Long Beach, CA
Posted

Hi there,

I'm a complete newbie to real estate investing and I want to take action and get started on this journey.

I came across a trashed duplex in Wichita and I believe I have the upper hand in proposing an offer much lower than the list price. 

  • Has anyone invested in Wichita, Kansas?
  • If so, was it worth it?
  • Do you know of any local contractors that I could contact to get an estimate for the rehab of the property?

Many thanks!

Akhil 

Most Popular Reply

User Stats

44
Posts
17
Votes
Brad Simmons
  • Andover, KS
17
Votes |
44
Posts
Brad Simmons
  • Andover, KS
Replied

Finding cash flowing properties in Wichita isn't hard. You won't make much on appreciation, but they can certainly cash flow. There are some areas you probably want to avoid just like any other city. 

Who do you have lined up for property management?

Why do you believe you "have the upper hand in proposing an offer much lower than the list price"?

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