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All Forum Posts by: Mackaylee Beach

Mackaylee Beach has started 27 posts and replied 621 times.

Post: First time intro

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303

BP is an excellent platform to expand your knowledge and continue to grow. Are you open to out of state investing?

Post: Newbie Female Investor

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303

Best of luck as you embark this new journey.

Post: Backsplash in a rental of 1 bedroom?

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303

Def recommend adding the backsplash! Something simple can go a long way.

Post: How to buy first rental property

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303

Have you chosen a location yet? Are you open to investing outside of your state?

Post: Let’s connect !

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303

Hey Gabriel,
Not necessarily from the NC market, but from KC. If you ever think about exploring our market, I would be delighted to connect with you.

Post: Northwest Arkansas - New to Investing

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303

Welcome to BP!
 Would you be willing to explore the possibility of investing out of state?

Post: New to Investing

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303

Welcome! This is truly an excellent platform for networking and establishing connections. Wishing you all the best as you embark on your real estate investing journey!

Post: New Dentist looking to create a retirement plan for myself thru real estate

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303
Quote from @Kyle Jenson:

Hello guys, I found this page through the podcast and the book, Rental Property Investing. Like my title says, I am a dentist in the Kansas City area and am looking at real estate to be my retirement plan. I have been reading many books on finances, rentals, and real estate and feel this is an area I can have more "control" over my investment rather than placing it all in my 401k and hoping for the best. 

With that said, I am in the position where I will not need a monthly income from my rentals. Just looking for some stability and great ways to build equity. Obviously cash flow would be wonderful, but not necessarily needed. I have listened to a podcasts with other doctors talking about this, Anywhere else I can find info or advice or strategies on similar situations? Thank you all. 

Kyle

 Hi @Kyle Jenson! I'm also in Kansas City.  There are so many great opportunities right in our backyard.   In addition, there are many tax advantages to owning real estate that could off set your taxable income.  Podcasts and audio books regarding real estate, taxes, etc are great resources.   

Post: Best markets for cash flow

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303

I second Kansas City.  Not only do we see cash flow but steady appreciation in most areas as well! 

Post: Recommendations for first time out of state investing

Mackaylee Beach
Posted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 645
  • Votes 303
Quote from @Zeina Awad:

Hello BP team, 

          How are you all? Hope all is well. I am looking to invest outside of California for the first time. I am looking to rent and hold (purchase a rental income property). Any recommendations for which cities and dates to look into as a starter? Would appreciate the insure. 


You're making a great decision by looking outside of California for your first out-of-state rental You're making a smart choice by considering out-of-state rental investments beyond California. If you're aiming for strong cash flow, lower upfront costs, and stable rental demand, I highly recommend exploring markets in the Midwest. For instance, in Kansas City, you can find solid rental properties at a fraction of the cost you’d encounter in California, typically ranging from $150K to $250K in desirable neighborhoods. Kansas City boasts a growing job market, multiple universities, and a steady renter population. When compared to coastal markets, the rent-to-price ratio is significantly better, which allows for positive cash flow with less initial capital investment.