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Updated over 9 years ago on . Most recent reply

Account Closed
  • Contractor
  • Olathe, KS
4
Votes |
29
Posts

Auction home In kansas city......Good deal or no deal?

Account Closed
  • Contractor
  • Olathe, KS
Posted

Here is my second deal I have analyzed. It seems like it is a good deal. I just want any input on this. It is in The Kansas City, Kansas area and would be a buy and hold. What do you guys think?

Most Popular Reply

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481
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Matt R.
  • Blue Springs, MO
313
Votes |
481
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Matt R.
  • Blue Springs, MO
Replied

Disclaimer: I am not a real estate professional.  I *have* lived in the Kansas City area for most of my life.

Just from that tiny picture, and the specs on square feet and rooms, I would expect that house to sell for more than $10k, even in KCK.  If it really is selling for $10k, there's probably more than $5k worth of stuff wrong with it.

Depending on exactly where it is in KCK, you may also have to budget additional time for some of the exterior work.  It's hard to paint and accurately return fire at the same time.  :D

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