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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 3 times.

Buying & Selling Real Estate

Post: Kansas City Target Areas for 2%

Account ClosedPosted
  • Lenexa, KS
  • Posts 3
  • Votes 4

Thanks for the reply Mike!

0 Votes
Buying & Selling Real Estate

Post: Kansas City Target Areas for 2%

Account ClosedPosted
  • Lenexa, KS
  • Posts 3
  • Votes 4

Hi,

I've been actively searching for a multifamily in the Kansas City metro for a few months now. Everything I'm finding seems to be priced at 100x rental income. Can't quite find anything close to that 2% rule.

My question is- what area of the metro is most likely to come close to that 2% rule and still be liveable? I am going to be owner occupant. Is it Lee's Summit? Grandview? Raytown? 

Would appreciate any hints of where to focus, without ending up in a sketchy area. 

Thanks

0 Votes
New Member Introductions

Post: Now in Kansas City!

Account ClosedPosted
  • Lenexa, KS
  • Posts 3
  • Votes 4

Hi all!

My name's Joe Hartwig. I'm a former contractor, specializing in "green" technologies and efficient energy use retrofits. Since then, I've moved on to becoming an engineer. My work has brought me to Kansas City, where my wife, an attorney, and I are about to begin investing in real estate. We hope our combined skills can form a pretty awesome real estate team.

Right now we're looking for our first home purchase ever. It's going to be a live-in multifamily or a rehabber in a cool area that we can refi and rent.

Looking forward to networking with you all! Right now we're searching for a great real estate agent or someone to help us get the inside details on the great areas of KC to invest it.

Thanks! Love BP!

4 Votes