All Forum Posts by: Cary Moody

Cary, welcome to BiggerPockets. I have not invested in Kansas City MO. only because i do not have adequate support on the ground there. It is in my opinion an excellent area for a buy and hold investor. Section 8 rents are good in relation to the market prices, values are fairly stable, population is increasing and there is a strong rental market with good public transportation. Please research these facts for yourself. Fedex among others provide a strong employment base. If i had a good good rehab crew there i would look for a very inexpensive 3 bedroom 1 bath home located on or near a bus line and start there. Good luck, i believe your are in one of the best markets for buy and hold opportunities in the country.
sincerly:
Michael

Hello Michael,
Brilliant informaiton! Thank you! I will take your advice and research your suggestion. When we get this up and going I would love to help provide some ground support for you! I'll connect up with you!
Again many thanks! Cary

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Originally posted by Curtis Williams:

Hey Cary!

Sounds like you have made the first steps in investing in real estate prudently... researching & researching some more.

Kansas City is a great place to invest with the diversity of the market. Lots of different areas for just about any investment strategy.

Good luck and if you have any questions about the market or city dynamics... I spent a year working with the urban core groups trying to understand how they could execute on their NSP funded projects.

Let me know if I can help!

Hi Curtis!

Yes...lots of researching for sure! And still much much more. Thank you for the introduction...I really appreciate the offer for help. I can use all I can get from those currently in the business!

Cary

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Originally posted by Anson Young:

Welcome!!

Thanks Anson! This site is amazing...tons of information!

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Originally posted by Adrian Williams:

Hi Cary good to see other Kansas City area investors on here, I'm like you just trying to soak in as much as possible there is so much information on here its awesome. I'm on the Missouri side near Raytown !

Go Chiefs !! :)

Hey Adrian! Poor Chiefs...I was so bummed on that last game! Ugh.
Anyway, thanks for reaching out! My husband and I can use all the contacts we can get. I read your profile...I cannot believe you are 18 and a full time investor! So impressive. I wish I had been encouraged to do the same at your age! We'll have to ping eachother from time to time to bounce information about the local area.

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Originally posted by Rachel H.:

Welcome to BP, Cary! It's a great community and place to network. You're smart in just laying low and watching and learning. There are so many areas and niches in real estate, everyone has their specialty. Have fun on here! :D

Thanks Rachel! So far I'm just trying to soak in as much as I can!

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Originally posted by Brendan J.:

Best of luck to you Cary! I just jumped on here about 2 weeks ago and have found BP to be an incredibly insightful and helpful group.

Thanks Brendan! That's great, I look forward to hearing about your transactions!

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Originally posted by Jackie Patterson:

Welcome, Cary!

Sounds like you've been doing your homework. Good luck in all your goals.

Thank you Jackie! They say â€œLuck is what happens when preparation meets opportunity!â€ Sounds like a fit to me!

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Originally posted by Charles Perkins:

Welcome to BP,

Sounds like you have been studying for awhile. Have you taken a loo at the deal analysis forum? IMO many first time investors don't consider all of the costs of a rental.

Look forward to hearing more about your investing style, goals and experiences.

Charles, yes we have been studying! I have not browsed that forum but it is now on my To Do list. Thanks and please feel free to drop a line with any other tips. And I look forward to posting all of my experiences as well!

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Originally posted by Mat Lewczenko:

Cary Welcome!
Kansas City is fairly well represented here in the forums. You will be surprised how many out of state investors like our inventory :)

As always feel free to ask away for advice.

Are you a member yet at any of the local REIAs?

Shoot me a PM for more info. You will find many like minded there, as well as tire-kickers.

Enjoy BP!

Hi Mat! Thank you for reaching out - another Kansas contact! I am not a member of any REIAs at the moment. My husband has looked into this...do you find value in these memberships? If so, which do you recommend? Email if you'd like.

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@John K - Yes! Another Kansas contact! We are in no way tied to KC...I will look into Topeka as well. The 55,000 range is around my target. Thank you!

@Will Barnard - Thank you for the tips! I have been very impressed with your posts and look forward to taking it all in. Much thanks!

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All Forum Posts by: Cary Moody

Cary Moody has started 2 posts and replied 14 times.

Post: Cheers! Newbie from Kansas City!

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Post: Cheers! Newbie from Kansas City!

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