All Forum Posts by: Toby Khan

This info was very much helpful! Thank you guys, I’m out of state investor but I’m needing a local investor friendly lender in Wichita. Thanks guys!

Do you have a great bank/lender you work with? I’ve found it to be better to work with local banks in the area to get the best terms. I’ll be out of state investor for now till I move there so I’m not sure if there are banks that’ll work out. If you guys have any contacts please do share. Thank you!

It’s close to central and west street. 

Hey guys, is Wichita still a decent place to buy rentals in 2020? I am looking at a portfolio of duplexes to buy (seller is needing the money to buyout his partner in HVAC company)-numbers are solid. I'd appreciate any tips/suggestions from fellow investors. I mainly invest in B & C neighborhoods & cash flow is my focus. Thanks in advance! Also I visit (used to live there 7 years ago but career brought me here in Minnesota-plan on moving back soon as I have freedom after RE investments in next few years) Wichita 4-5 times a year for family & would love to meet up.

@Jonathan R. thank you sir for the info. Very much appreciated. I found out sellers agent wasn’t able to sell it in almost a year hence I’ll negotiate and buy it. Numbers are looking solid from their documents. 

@Anne Shoemaker Thank you so much for the info. I think market will stay strong for rentals in Wichita due to low inventory. But yes due to the reasons stated above will be screening tenants credit & background checks strictly going forward. If you know much about Central & West street neighborhoods please let me know. Those duplexes are on Newell street according to my agent. Thanks a lot for sharing your experience.

Hi, I'm looking to invest in Wichita as well. Any areas I should avoid? 

Fellow Investors, I haven’t lived in Wichita for 6-7 years but a friend of mine mentioned that Wichita rental market is great for cash flow. I live out of state and own lot of properties here but I did graduate from WSU years ago and I’d love to invest in Wichita. I came across some duplexes (portfolio deal of 6 duplex) on Central and West street area. So I’d very much appreciate if active investors in Wichita can share their opinion/thoughts about investing in Wichita post Covid 19 era. If it is still a good cash flow market (appreciation is low in ICT) ? Is the city landlord friendly? Is there job growth along with population growth?