Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Marco Alaimo
  • brooklyn
0
Votes |
5
Posts

Investing Long Distance

Marco Alaimo
  • brooklyn
Posted

Hello all, My name is Marco and I am new to investing in real estate. I've been meaning to do this a long time ago but I didn't think I was ready yet. but now I think I am ready. (kinda)

You see I live in Brooklyn and the market here is too much for me. I have about 15k to invest so I was trying to find a market that has good cash flow and close to my budget. It was getting really hard for me to decide but eventually I decided to with Kansas city, Mo. but now Im having a hard time choosing a neighborhood.

so if anyone has some advice that would be great Thanks.
  

Most Popular Reply

User Stats

1,303
Posts
560
Votes
Gordon Cuffe
  • Investor
  • Roseville, CA
560
Votes |
1,303
Posts
Gordon Cuffe
  • Investor
  • Roseville, CA
Replied

@Marco AlaimoYou can look into the city named Raytown or Independence. With 15k you can buy a property at 75k or less with 20% down. If you look hard enough, you can find homes at 75k or less that should rent for $850.0 per month or more. Just an fyi, the hood zip codes are 64127,64128 where you can buy at 50k or less but higher turnover rate with tenants. 

  • Gordon Cuffe
  • Loading replies...