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Goodmorning all, Im in need of some Advice from investors in the Kansas city Area. would like to go over some numbers/Data
- Real Estate Agent
- Blue Springs
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Not just yet, what is your criteria for a successful Investment here in Kansas City Mo. Like how do you determine if a property to keep for the long run? what type of numbers are you looking for?
@Armoni Harper-franklin Every investor has different needs on their investment. Some are good with breaking even putting 25% down because it is a better return than current stock market, others want 6-8% cash on cash return and others want an IRR of 15%. All of these are achievable. Keep in mind Class A area will have lower returns than Class C and a Class A property will have lower returns than a class C etc...If all properties and locations generated same return, then their would be no reason for Class identification.
Quote from @Caleb Brown:
Do you have a deal you are looking at?
Hi Caleb, what do you think about this deal below, they have other four buildings like this one for sale.
- Real Estate Agent
- Blue Springs
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Let me look into that. You could message me through messenger, we could connect :)
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Real Estate Agent Missouri (#2018018941)