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Updated over 7 years ago on . Most recent reply

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9
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Kumar Ranjan
  • Flipper/Rehabber
  • Edison, NJ
1
Votes |
9
Posts

is Raytown, MO good place to invest

Kumar Ranjan
  • Flipper/Rehabber
  • Edison, NJ
Posted

We are looking at few properties in Raytown near Kansas city and upon investigation found that it has lots of crime and upside for appreciation is quite limited ? Rentals are mostly for section-8 and HA supported renters. Can someone provide an honest opinion on this area please ?

Most Popular Reply

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132
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91
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Rich Kniss
  • Rental Property Investor
  • Kansas City, MO
91
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132
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Rich Kniss
  • Rental Property Investor
  • Kansas City, MO
Replied

Raytown is a blue collar neighborhood. Fairly stable. There are a number of pockets within Raytown that I would consider investing in for SFR's. Just don't plan on appreciation when analyzing your deal.

There is a small area where KCMO employees (police, etc) can live and also be part of the Raytown school district, rather than the KCMO school district. I would focus on that area of overlap as it will always be sought after. I apologize for not knowing the exact boundaries. The husband of one of the people I work with at my day job, is a cop and she was talking in depth about it.

I hope that helps.

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