Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
KC vs Indy
My wife and I are going to put our Tennessee rental up for sale at the end of the month, and will need to move quickly to buy our next rental property to be able to qualify for a 1031 exchange. We have narrowed down our next market to either Kansas City or Indianapolis. We would like to purchase something in the range of $110K to $130K in a nice neighborhood with low vacancy and get at lest 1% rent to value. Will any of you experienced investors please advise on pros and cons of each of the markets? Cheers.