Insight on Kansas City, MO Multifamily Market
Hi,
After a few months of analysis paralysis I've finally narrowed down KCMO as a market of interest. I would be investing out-of-state though I plan to spend a few weeks there looking at properties and learning the area if everything pans out. I'd love to know if anyone from the area has any recommendations for wholesalers or investment agents or just any insight on the market they'd be willing to share.
Everyone is going after duplexs and the like.... the smaller deals typically get picked up pretty quick. The bigger portfolios will sit for little longer and have less competition. Tri/Quads aren't as common every once and while they'll come up but it's pretty slim picking for ones not in bad areas....
I have an agent referral if you want it...
@Account Closed , careful. LOL. Check with other investors. Verify any recommendations you get on here. ;-)
@Account Closed Kansas City is a great market. It's my hometown so I am biased, however, I have watched the population, job market and city as a whole grow so much over the past 5-7 years. The multi families are few and far between, a lot of new construction apartments have started as well.
