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Updated about 8 years ago on . Most recent reply

Marc Lease's profile image
Marc Lease's profile image
Marc Lease
  • from Peoria, Arizona
  • Member since May 15, 2015
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Marc Lease's profile image
Marc Lease's profile image
Marc Lease
  • from Peoria, Arizona
  • Member since May 15, 2015
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Marc Lease
  • Peoria, AZ
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New Member Introductions

New Member looking for buy and hold opportunities in Kansas City

Marc Lease
  • Peoria, AZ
Posted

Phoenix investor looking to build cash flow portfolio in stable Midwestern city - Kansas City is my current choice. Specifically looking for >1.5% RV ratio, and strong COC returns in decent neighborhoods to diversify my income. Thanks for any help!

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Larry Fried's profile image
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Larry Fried
  • Investor/RE Broker
  • from Eugene, OR
  • Member since Oct 23, 2014
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Larry Fried's profile image
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Larry Fried
  • Investor/RE Broker
  • from Eugene, OR
  • Member since Oct 23, 2014
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Larry Fried
  • Investor/RE Broker
  • Eugene, OR
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Larry Fried
  • Investor/RE Broker
  • Eugene, OR
Replied

@Marc Lease Hi and welcome to BP!  The ratio you are looking for in decent neighborhoods in KC is not going to be easy to achieve.  Turnkey you are looking closer to a little better than 1% rent to price in B or better neighborhoods.  

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