Midwestern markets are like football teams.

[Jordan Meyer]

Midwestern markets are like football teams. Many people have an irrational attachment to them. Even if the population is declining, jobs are disappearing, and the city is mismanaged, they still advocate for them. 

So, who here can give the BP world an objective reason that midwestern/southern market X is a good one for out of state investors? Is it possible to get appreciation to go along with that sweet, sweet cash flow? I want data, not opinions. 

[Nathan Roberts]

@Jordan Meyer when assessing OOS markets, you should look at the current population, population growth rate, median sell price, median property values, median household income, unemployment rate percentage, etc. You should take all of these metrics into perspective when analyzing a particular market that you may be interested in. Try to connect with local agents to get market demographics or statistics. Many agents will probably sell you on their area so they can get more business; be cautious of this. Always verify the information that is given to you to make sure it's correct so you're not getting the run-around. With that said, I have provided statistics about the Kansas City metropolitan statistical area (MSA). The information below is either provided by Realtors Property Resource (RPR), the Kansas City Regional Association of Realtors (KCRAR), or City-data.com. 

Population: 492k (KC)

Population Growth: 8.2% increase in population since 2010 (KC)

Median Sales Price: $200k (KC MSA)

Median Home Value: $211k (KC MSA)

Median Household Income: $52k (KC)

Unemployment Rate: 3.5% (KC)

Housing Supply: 1.4 months (KC MSA) 

• Historically, market equilibrium has been 6 months of supply/inventory but this figure is likely about 4 months in today's market. We are in an extreme seller's market meaning there is a lot more buyers than available properties.

These statistics showcase a viable market for real estate investors. Out of state investors flock to the Midwest for cash flow, great returns, and appreciation depending on the neighborhood. Great areas for rentals include South KC, Grandview, Raytown, and the core of the city in certain pockets along Troost. 

I attended the Bridge Meetup last night that featured Brandon Turner; he stated that KC is in the top 10 cities for the most recession proof markets in the county. Keep that between us though, because we don't need our property values inflated like the East and West coast haha. 

I provided you with cold-hard facts, not an opinion. Do your research on Kansas City to find out why we are one of the all-around best markets to invest in!