All Forum Posts by: Account Closed

I'm going to try and make this, always up for some networking!

The core was sold before the GFC hit, nobody buys it now.  Hence, why people now get the next in line.  You can paint the picture anyway you like...  They cash flow ok if you wanna deal with all the problems, or as you put it "these areas require more diligent property management"  Same type of management the ghetto takes!

I would rather invest in JOCO, i wasn't suggesting out of state investors do so.  

These areas are what locals sell to out of state investors :)  Come on guys...  These areas are catching the bleed of the ghetto gentrifing and a dieing base of older industry driven generation.  I doubt the GM plant will make it much longer, and anybody that lives in the MO burbs is in the Northland, Parkville, or Lee Summit.  Blue Springs is still pretty decent, but i don't see things getting better for any of those areas.  

Independence is still suffering from the meth epidemic, Raytown declines being next to Independence and catching people losing housing from the city cleaning up crime from the west.  Grandview catches the bleed of Ruskin becoming a ghetto rental nightmare.  Not a fan of the construction from those eras either.

People in there 20's and 30's continue to come to the city or go to Johnson county as it's the nicest suburbs in the metro area.  I would rather invest and go with the 1 percent rule in Johnson county than mess with anything that will continue to decline.

https://beta.congress.gov/bill/113th-congress/hous...

http://www.huffingtonpost.com/2014/05/30/dea-medic...

House has been putting it in motion that banks can soon enter the picture.  Chase and Wells Fargo are big in Denver, and i wanna say that even they are trying to pass a bill that the federal gov can't use tax payers money to go after states rights.  A banking system and no federal problems makes this the gold boom for rents.  The rents even in the mountains in a double wide (finished nicely, ie: tile, bamboo engineered flooring, french doors, large windows, some sky lights) will fetch 1700 to 2000 rents.  

Buy some land in the mountains, drill wells, septic and some solar panels.  Put a double wide manufactured every half acre and build a greenhouse.  Rent them for 2600, including the greenhouse :)

Welcome Scott,

What parts of the urban core do you buy in?

Buy four B class with your cash and you can get the 500 rents easy, if not more. You can get a local bank to offer some product to pull cash out of these in 6 months to a year and buy more. Interest is around 4 percent for this compared to 10, wow! No Thanks!

lol, @Brandon Turner

I don't think Caleb has posted anything in a while :) Jenni is new and it would be helpful for her.

Hey Jenni, I invest in the metro area and am always interested in networking with others.

Hey Ray,

What parts of KC,MO are you looking to invest in? I invest/live in urban historic areas and buy multi in St. Louis.

I'm with Jody, best deals i have found was doing the research myself.

@Gordon Cuffe all i saw on your sight was on house for KC