Markets for Buy & Hold SFR's for ~$100k?

Markets for Buy & Hold SFR's for ~$100k?

Valley Village, CA · Member since 2016 · 10 posts · 9 votes

Hi all,

As the title says, I'm looking for good markets for buy & hold SFR's for ~$100k in B neighborhoods. Want to find something that I won't have to be super levered up on to start, so I can get some cashflow going early. Looking at Indy and Kansas City right now. Would love some other suggestions! Thanks all!

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Rental Property Investor · CA · Member since 2020 · 70 posts · 20 votes
4y

I'm still deciding b/w KC and Indy. What are the Pros and cons in investing in these cities?

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  • Real Estate Agent · Kansas City · Member since 2020 · 63 posts · 52 votes
    4y

    You can find that here in Kansas City! Most homes in that price range and neighborhood are going to be 2/1. 

    Let me know if you dial down on KC! Would love to chat! 

  • Steven MayBusiness Member
    Real Estate Agent · Kansas City, MO · Member since 2018 · 262 posts · 250 votes
    4y

    Yeah we have a couple different submarkets here in Kansas City that we could make that happen in! 

  • Realtor · Kansas City, MO · Member since 2022 · 27 posts · 19 votes
    4y

    Kansas City has great places where you can invest! Hit me up if you need help finding a great deal! Or, you can always check all the great Facebook groups with a lot of deals! I especially love ConnectWiseKC, lots of deals going on there all over the city!

  • Property Manager · Oklahoma City · Member since 2021 · 8 posts · 20 votes
    4y

    Oklahoma City is a competitive market in that price point, with Tinker Air-force Base, Boeing, Amazon, and other economic staples it has proven to be a great hedge against meltdown in the previous years. 

    Roofstock has a compelling article about the market in OKC https://learn.roofstock.com/bl...

  • Rental Property Investor · CA · Member since 2020 · 70 posts · 20 votes
    4y

    I'm still deciding b/w KC and Indy. What are the Pros and cons in investing in these cities?

  • Realtor · Oklahoma City, OK · Member since 2022 · 16 posts · 10 votes
    4y
    Quote from @Jeff Eames:

    Hi all,

    As the title says, I'm looking for good markets for buy & hold SFR's for ~$100k in B neighborhoods. Want to find something that I won't have to be super levered up on to start, so I can get some cashflow going early. Looking at Indy and Kansas City right now. Would love some other suggestions! Thanks all!


    Oklahoma City is a great market for STR's at that price point! That is the next project I'm currently shopping for.

  • Rental Property Investor · Ithaca, NY · Member since 2015 · 1k+ posts · 1k+ votes
    4y

    @Jeff Eames

    Surrounding areas of Syracuse, NY. You'll find a decent SFH in a decent town and school district for 100k easily.

  • Ben ScottPro Member
    Property Manager · Oklahoma City, OK · Member since 2019 · 579 posts · 351 votes
    4y

    Oklahoma City has some B-class homes under 100k in south OKC and some of the outlying suburbs. Many meet the 1% rule with rent but there's less opportunity for appreciation.

  • Wholesaler · Chicago, IL · Member since 2018 · 84 posts · 83 votes
    4y

    We find deals that fit your criteria in the Triad, North Carolina all the time. The 1%+ rule is alive and well in most of the areas! Reach out if you have questions. 

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