Newbie investor, Kansas City, MO

[Quinn Hahs]

Hello everyone, I have had an interest in real estate for the last decade and am finally putting energy into taking action. I know I have a lot to learn and would love to connect those of you who are already investing. Currently I have a full time job as a mechanical engineer but my goal is to find a place in the real estate community that I can turn into a full time job. I live in KC, MO but have also considered investing outside of KC as well. Excited to tabe part of the community!

[Katherine Wiltse]

Hi Quinn, my name is Katherine and am an investor/agent in Southern MO. I think Kansas City seems like a good market, although parts seem pretty rough. I would walk any neighborhood day, night, weekday and weekend, before investing. If you don't feel safe, or see criminal activity, I personally wouldn't invest there. There is a model I am interested in that is often referred to as "co-housing" or "co-living" and I think it would do great in Kansas City. The idea is you would find a SFR with a big square footage and a lot of bathrooms (or the potential to add 1-2 bathrooms), and rent by the room. Check out the Bigger Pockets show with Sam Wegert (I think #560?). If you are looking for passive investment, then this is NOT the model. However, if you are looking for a way to 3x or 4x your rental income, it is worth looking into. I want to try it, even though my broker and husband think I am crazy.