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Updated over 5 years ago on . Most recent reply

User Stats

492
Posts
234
Votes
William S.
  • Rental Property Investor
  • Overland Park, KS
234
Votes |
492
Posts

Anyone have rentals in Overland Park, KS area?

William S.
  • Rental Property Investor
  • Overland Park, KS
Posted

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?

Most Popular Reply

User Stats

76
Posts
63
Votes
Matt Altrich
  • Rental Property Investor
  • Lenexa, KS
63
Votes |
76
Posts
Matt Altrich
  • Rental Property Investor
  • Lenexa, KS
Replied

@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.  

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