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Updated over 5 years ago on . Most recent reply
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Anyone have rentals in Overland Park, KS area?
I got a couple of questions about this area. There seems to be a lot of supply. Is demand there? If not where in KC? Just curious, I only buy in A/B+ areas.
What are the rents for SFH 3 bed, 2 baths?
How long does it take for them to get rented?
What is the appreciation of this part of town?
How is the tenant quality?
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@Dean Attali thanks for reaching out. It's a combination of both. Sometimes I'll find properties that I can lease for 1% of the purchase price with no rehab whatsoever and other times, I'll do a light rehab to hit or exceed the 1%. I do put USB outlets and Nest thermostats in all of my rental properties. It's definitely more a hustle to find the homes vs investing in KCKS / KCMO but I self manage and it's effortless. I would much rather own 25 class A properties than 150 class C/D properties. I'm somewhat conservative with my approach and don't mind owning properties free & clear and have never sold anything.