Long distance investing in Kansas City area

Long distance investing in Kansas City area

Rental Property Investor · Los Angeles, CA · Member since 2019 · 30 posts · 3 votes

Hello everyone! My husband and I are just starting our real estate investment journey. We are currently considering starting in the Kansas City area, since we live in Los Angeles, CA we would greatly appreciate any help pointing us in the right direction!

Mainly, we would like to know if this is a good starting location, but we would also like to connect with agents, wholesalers, sellers, contractors and anyone else that could help us make the jump into the market

We have elected to BRRRR with our own cash and are excited and eager to find a great team to create mutually beneficial partnerships

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Investor-friendly agents in Kansas City, KS

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Rental Property Investor · San Diego, CA · Member since 2018 · 242 posts · 234 votes
7y

@Emily Smith

I live in San Diego and have built a team in KS MO. I have purchased 26 units in the last 12 months and I’m under contractor 27 more this time w a few partners.

Check out the street car extension this will lead you down main st and near the WestPort area...

https://www.bizjournals.com/kansascity/news/2019/02/22/kc-streetcar-extension-main-street-max-route.html

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  • Rental Property Investor · Fresno, CA · Member since 2018 · 40 posts · 31 votes
    7y

    Hi Rachel, I am from CA and want to invest in the Kansas City market as well! It is so darn expensive to invest in CA and know that we can get more bang for our buck in the Midwest. 

    I know having a great property management team is crucial for us out of state investors. 

    I have started compiling and narrowing down different property mangers and these are the ones with the best reviews that I found in Kansas City, Kansas. 




  • Steve RozenbergPro Member
    Specialist · Houston, TX · Member since 2015 · 1k+ posts · 1k+ votes
    7y

    Look up some of the local Real estate meet up groups, many of them are virtual and you start meeting people that way

  • Specialist · Kansas City, MO · Member since 2018 · 331 posts · 148 votes
    7y

    @Rachel Chavez @Emily Hill I work exclusively with out of state investors and completed 120 BRRRRs last year. 

    The market has become competitive for SFR and for properties that fit that model. Have you thought about other asset classes? I have found a lot of success in commercial mixed use and small multifamily. I am doing a $2MM BRRRR right now on a commercial building. I would love to help point you in the right direction! @Micah Thomas and his team can help sourcing properties. I can help with the PM and GCs

  • Real Estate Agent · Merriam, KS · Member since 2019 · 23 posts · 13 votes
    7y

    Thanks @Logan Freeman! @Rachel Chavez and @Emily Hill please let me know if you'd like to jump on a call and/or discuss more specifically what your criteria is.

  • Rental Property Investor · San Diego, CA · Member since 2018 · 242 posts · 234 votes
    7y

    @Emily Smith

    I live in San Diego and have built a team in KS MO. I have purchased 26 units in the last 12 months and I’m under contractor 27 more this time w a few partners.

    Check out the street car extension this will lead you down main st and near the WestPort area...

    https://www.bizjournals.com/kansascity/news/2019/02/22/kc-streetcar-extension-main-street-max-route.html

  • Real Estate Broker · Phoenix, AZ · Member since 2013 · 749 posts · 399 votes
    7y

    @Emily Hill best property is in KCMO not KCK. I know, weird. I am from NY and lived all over before settling in KCMO. Took me a hot minute to wrap my brain around that. Is there a reason you like KCK over KCMO? We have been landlord laws in MO compared to KCK. 

  • Rental Property Investor · Los Angeles, CA · Member since 2019 · 30 posts · 3 votes
    7y

    @Steve Rozenberg will do!

  • Rental Property Investor · Los Angeles, CA · Member since 2019 · 30 posts · 3 votes
    7y

    @Logan Freeman thank you!

  • Rental Property Investor · Los Angeles, CA · Member since 2019 · 30 posts · 3 votes
    7y

    @Micah Thomas I will talk to my husband and figure out the best time to try to speak with you!

  • Rental Property Investor · Los Angeles, CA · Member since 2019 · 30 posts · 3 votes
    7y

    @Jason Graves that’s awesome!!! Congrats

  • Rental Property Investor · Los Angeles, CA · Member since 2019 · 30 posts · 3 votes
    7y

    @Dan Krupa thank you for the heads up, a buddy of ours has invested out there with success and now he’s moving out there, my husband feels more confident looking in a place where we have a friend that we can count on to help us out with anything out there.

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