Kansas City or Memphis for first Turnkey Property?

[Sara Hodge]

Has anyone purchased turnkey in Kansas City and Memphis? My husband and I are trying to decide between the two, and would appreciate any insight! Looking for cash flow, and curious why you prefer one over the other. Thanks!

[Ali Boone]

Hey Sara! Aliso...nice! I used to have a group of friends down there and I loved going down to visit. Such a great area! Especially the short hop to Laguna :)

I live up in LA and have always bought out-of-state properties, and I work with them a lot. If I were to buy a property in either of those markets today, I'd go KC all day long. The returns are higher, the growth potential of the market is higher, less saturation, it hasn't been eaten up by funds and private investors like Memphis has, etc. All around I like the stats better with KC. 

I have no doubt that Memphis folks won't argue me on it, and rock on if they do, but for my personal investing I have never liked Memphis and I prefer KC.