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Updated over 7 years ago on . Most recent reply

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18
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2
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Nicholas Giordano
  • West Harrison, NY
2
Votes |
18
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Turnkey providers in Kansas City? Recommendations?

Nicholas Giordano
  • West Harrison, NY
Posted
Hey BP community! I am fairly new to REI and am looking to purchase a 2-4 unit property solely for cash-flow, while staying at my current residence to live. I am currently living in Westchester, New York about 40 min drive from NYC. I've read "The Book on Rental Property Investing" and just finished up "Rich Dad Poor Dad" upon a few other books upon a ton of forum and online research. I have a solid amount of capital on hand, along with a steady fairly well-paying job. I feel as if I am ready to start building my empire and am highly motivated to do so. My only problem is.. where do I start??! Pretty much my entire county is full of super high priced homes with super high taxes and the ones that seem like the numbers could work are in terrible neighborhoods that I wouldn't even want to buy in! I looked into turn-key properties in Kansas City... I have read about strong markets and cash flow in some areas there.. Does anyone have any experience using turn-key providers in the KC area? If so, any recommendations? I am willing to invest out of state, just don't have the knowledge or experience to do so safely!! I feel like the more time that goes on the longer I could have had already been cash-flowing on something.. just gotta find my niche. Looking forward to hearing from you guys!!

Most Popular Reply

User Stats

597
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340
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Ceasar Rosas
  • Real Estate Broker
  • Bronx, NY
340
Votes |
597
Posts
Ceasar Rosas
  • Real Estate Broker
  • Bronx, NY
Replied

@Nicholas Giordano

We have done single family rentals in Pa. The returns have been great. We have done 2 and they cash flowed about $300 each after all expenses. Less than 2 hours away so it's easily accessible. We actually have a townhome now that we are considering starting a turnkey with, as in sell and manage, or keep as a rental for ourselves. You don't have to go to far. I'd say map out a 2 hour radius and see where you feel comfortable. Now depending on how much capital you are looking to invest, Yonkers and the Bronx are still good options. Let me know if you want to talk some more about this. 

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