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Updated over 6 years ago,
Calling all experienced Kansas City "B Class" Investors
Hello beautiful people of BP,
I'm looking for advice from investors in KC that have been around awhile, before and after the Great Recession to be exact. I was just moving into KC at the time and not investing, so I don't know the effects it had on rental prices.
So my property now is what I would describe as B class property. Three bed, two bath, pretty good school district, rents around $1200.
What happened to the rental prices of those types of properties during those lean years (2008-2012 or so)?
I would like to work out a "worst case scenario" going forward and would appreciate any help you're willing to give.