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All Forum Posts by: Daniel Porter

Daniel Porter has started 1 posts and replied 3 times.

Post: New to investing in the Kansas City area

Daniel Porter
Pro Member
Posted
  • Posts 3
  • Votes 4

@Lauren Keenan as far as south of KC, I can't really offer any information from a real estate investor point of view. Me personally, if I was going to look at the area for investing, I would make sure to stay south of I435. I would probably look at the Lee's Summit area. Again, that is me going off my personal knowledge of the area and the type of area I would want to invest in. I have done zero research as far as investing goes. The area is nicer and the schools are great so I assume you are going to be looking at more expensive properties in that area and tighter margins. 

Post: New to investing in the Kansas City area

Daniel Porter
Pro Member
Posted
  • Posts 3
  • Votes 4

@lauren 

@Lauren Keenan It seems like the popular route in KC is cheaper houses in the inner city (which there are plenty of) fix them up and make great cash flow. I work in the inner city in and I have zero desire to invest in those types of homes. Since I have a W2 job, I'm fine with less cash flow for less headache. North of the river is better schools and I assume will bring more of the type of renters and neighborhoods I want to be involved with. 

Post: New to investing in the Kansas City area

Daniel Porter
Pro Member
Posted
  • Posts 3
  • Votes 4

Hello everyone. I am 42 years old and live in the Kansas City Missouri area. I am looking to get started in real estate investing in my area. I hope to start with single-family homes and maybe eventually move into multi-family homes as I gain experience. Both my wife and I are lucky enough to have great careers that offer excellent pensions. I am not looking to replace my W2 income, simply to add to my income when we retire in about twelve to fifteen years. I am definitely in the information gathering stage, but getting much closer to buying my first property, hopefully in the next three months or so. It appears that low-income rentals are big in my area, but I hope to stay north of the river (that makes sense if you are in KC) in nicer homes/areas. I am trying to build a team because my goal is to go with something like the brrr method, but buying something that is ready to go is not out of the question. I look forward to meeting more people in my area and gaining more knowledge from BP.