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Updated about 5 years ago,
Kansas City MO Investing Out of state - Feedback Needed
Hello,
I am an out of state investor trying to buy a portfolio of houses in Kansas City MO Zip code 64130 and 64128. All the houses are more than 100 years old and the rents are between 550 and 700 per month. I am looking for advice on potential issues that I should be aware of, and whether it will be a good deal or not. The house prices are between 35-40k, conditions are both good and bad (some need minor to moderate repairs). I would love to know about the rental market, the rental season, the pros and cons about those zip codes areas, things I should be aware of. Your feedback is valuable, since I would like to evaluate whether i will end up with some lemons or not (good deal or bad deal). The street names and the zip codes are as follows:
Monroe Ave, 64130
E 43rd St, 64130
Euclid Ave, 64130
Park Ave, 64130
S Benton Ave, 64130
Myrtle Ave, 64128
Bales Ave, 64128
Indiana Ave, 64128
Thanks,
KD