Identifying the KC neighborhoods to invest in

[Noam Koren]

KC appears confusing and requires a local expert to tell you where to buy. 

I want to buy & hold appreciating properties in neighborhoods where I can find decent tenants. This means the crime level shouldn't be high, the median income > $40K - $45K, and there should be enough homeowners in the neighborhood.

What else I should care about?

Who knows which are these neighborhoods? Is somebody willing to work with me on identifying them?

[Lee Ripma]

@Noam Koren

The historic northeast is like any C area, with good PM you can have great cash flow and with bad PM you can have very bad results (trashed units, non-paying tenants, evictions). I personally owned in the historic northeast and had great cashflow and never had crime issues and that was on the "bad" side of Independence Blvd when I was still out of state! I only sold the property because my partner wanted to, it was a great rental for us. I see quality tenants in the historic northeast, they get good value and like living in older buildings. So I am a fan of the historic Northeast. When looking for areas to invest in I basically advise that you find deals that are available, vet the locations, and then underwrite the deals if you would invest in the locations. With low inventory, this is a more efficient approach than targeting specific areas, IMHO!