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Updated almost 5 years ago,
Out Of State Investor: Kansas City, Missouri
Hello everyone! My name is Tonye Jack, and I am from Long Island, New York. I don't have much real estate investment experience, but I have a solid construction background, as Residential Construction Project Manager. My goal for this year is to purchase my first investment property by August and I'm currently trying to figure out how to make that a reality.
Over the past year, I've been learning as much as I can about real estate through podcasts and reading several books. I narrowed my search to Kansas City, MO as the location in the midwest I would have the best chance of getting the benefits of cash flow and appreciation in comparison to the NY market. I am looking to do a variation of the Turnkey process which I would work with a project/ property management company to manage a light cosmetic rehab to build some equity in the deal and purchase the property on a discount. I would like to connect with any Property Management and real estate agents who have experience with out of towners. The locations in the city I'm interested in are Grandview, Raytown, Independence or any other solid B and C+ areas