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Updated over 2 years ago on . Most recent reply

User Stats

74
Posts
28
Votes
Daniel T Stockman
  • Investor
  • Dallas, TX
28
Votes |
74
Posts

Wichita, KS - Investment Market?

Daniel T Stockman
  • Investor
  • Dallas, TX
Posted

My wife and I are considering purchasing a rental property in Wichita, KS. I grew up there but haven’t lived in Wichita for about 20 years. I’d love general input in the rental/investment market as I’m not sure if we should narrow our search to downtown/college hill areas or stay out on the edges (subdivisions near Goddard, Maize, Andover, etc). Would love some advice! Thank you in advance!

Most Popular Reply

User Stats

133
Posts
63
Votes
Ike Hobbs
  • Investor
  • Wichita, KS
63
Votes |
133
Posts
Ike Hobbs
  • Investor
  • Wichita, KS
Replied

I've been looking around the market for the last year and getting more serious as it looks like I'll be moving up there here soon for a career advancement. Cashflow seems to be king, some appreciation is happening but that's definitely not the main attraction. There's been a lot of growth, especially WEST which has an entirely different vibe than how I remember it when I moved out of Wichita 7 years ago. Most people seem to recommend not investing in the plainview area and a couple of other neighborhoods but kinda depends on what you're going for. There's an ICT Real Estate Investors FB group that you might find helpful. Also @Jason Lavender hosts a lowkey lunch every month that's pretty good for networking if you're wanting to meet people. Good luck! 

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