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Updated over 3 years ago on . Most recent reply
Kansas City Real Estate - Johnson County vs Jackson County
Hello all! I'm starting to analyze real estate in the Kansas City market and I'm seeing alot of discussion in Kansas City proper, with some minor discussions in surrounding areas on the Missouri side of the state line. Is property Johnson County on the Kansas side of the state line just not as desireable for some reason? It seems like discussions are almost entirely ignoring this market. What am I missing? I know the property is more expensive, but it should also fall into more of an A class, or high B class property in my mind as a worse case scenario. I would definitely like to open up a more detail discussion about the pros and cons of investing in Johnson County areas vs Jackson County areas. Please let me know your thoughts. Thanks everyone!
Most Popular Reply
Perfect. I think that pretty much answers my question there. To make a deal in JoCo you would basically need to get a great price, distressed, off market, etc., and add some value to it on your own. Then re-run numbers after rehab to see if it makes sense to hold or not. Thanks everyone!