All Forum Posts by: Krish Das

@Pinder Cheema

Great feedback Pinder!

Looking for more people who are already Investing there (in state or out of state)...

@Pinder Cheema

Thanks for the feedback Pinder. I was wondering what specialized skills do I need as out of state investor, if I want to invest in those notorious zip codes. Like I know, a good buying price, a good PM etc. What do you say? What are my risks?

@Ernesto Hernandez

Thanks Ernesto. Do you say that at 550-700 rent, all will be eaten by capex and nothing will remain in hand? Then how that model works? There are plenty of houses in that rent range in Kansas City MO. Where is the room to play at that rent range?

@Corey Hawkinson

Thanks Corey, I am looking for some feedback too.

@Luther Wilson III

Thanks Luther. First, I am looking for some advice about pros and cons on KC MO, and those areas.

@Lee Ripma

Thanks for your feedback.

Looks like these are all lower income areas. I checked the crime on Trulia and most of them are showing low, other than few.

Looks like I need to do some negotiation on the pricing. Do you know how is the renter availability? Or how to find a good property manager?

Hello,

I am an out of state investor trying to buy a portfolio of houses in Kansas City MO Zip code 64130 and 64128. All the houses are more than 100 years old and the rents are between 550 and 700 per month. I am looking for advice on potential issues that I should be aware of, and whether it will be a good deal or not. The house prices are between 35-40k, conditions are both good and bad (some need minor to moderate repairs). I would love to know about the rental market, the rental season, the pros and cons about those zip codes areas, things I should be aware of. Your feedback is valuable, since I would like to evaluate whether i will end up with some lemons or not (good deal or bad deal). The street names and the zip codes are as follows:

Monroe Ave, 64130

E 43rd St, 64130

Euclid Ave, 64130

Park Ave, 64130

S Benton Ave, 64130

Myrtle Ave, 64128

Bales Ave, 64128

Indiana Ave, 64128

Thanks,

KD

Kansas City MO Investing Feedback

Hello,

I am an out of state investor trying to buy a portfolio of houses in Kansas City MO Zip code 64130 and 64128. All the houses are more than 100 years old and the rents are between 550 and 700 per month. I am looking for advice on potential issues that I should be aware of, and whether it will be a good deal or not. The house prices are between 35-40k, conditions are both good and bad (some need minor to moderate repairs). I would love to know about the rental market, the rental season, the pros and cons about those zip codes area. The street names and the zip codes are as follows:

Monroe Ave, 64130

E 43rd St, 64130

Euclid Ave, 64130

Park Ave, 64130

S Benton Ave, 64130

Myrtle Ave, 64128

Bales Ave, 64128

Indiana Ave, 64128

Thanks,

KD

Hi @Zachary P.

Did you end up with the deal? What is the area and how is it going? I am looking to invest in KC.

Thanks,

Kris