Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

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

User Stats

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

Loading replies...