San Jose, CA · Member since 2017 · 7 posts · 1 vote
Hey all,
I am in contract to purchase two properties in Kansas City MO. I am trying to do my due diligence in regards to finding out the crime stats/risk in a specific area and would appreciate some feedback from locals!
The address is on Lydia Avenue, KC MO 64131..
I've used crime maps, call multiple property management companies and inspection companies, but I figured it wouldn't hurt to get more input.
I grew up less than 5mi from there (Leawood,KS) and thinking you should be ok from a crime perspective. I actually just posted about not being able to find deals lately in KCMO... are you working with a broker or trolling MLS?
@Rickey EarWhat part of Lydian and 64131 that is the biggest question? there are a few sketchy parts but properties in that area are pretty desirable if they are in the center school district. I grew up my whole life in that zip code it is pretty diverse.
@Greg Williams what kind of properties are you looking for in Kansas City?
@Eddie VanBuskirk I'm interested in both single and multi family... what's your forte? @Rickey Ear as am I. Have you found that the potential deals have dried up a bit?
@Rickey Ear I would feel safe there. I'm not sure how the crime is in that area but sheltered white people wouldn't go there because it is east of troost and they assume that is the hood. There are a lot of working class people in the area. the average income in that area is $27k
@Eddie VanBuskirk thanks for your thoughts ! I actually dropped out of the deal. I made a lot of phone calls and had done some due dilligence but in the end, seeing the crime pattern/someone getting sodomized and murdered a block away didn't give me too much reassurance of a good investment.
I am also looking into 3908 e. 72nd street. Would you mind sharing your thoughts on that property? Thanks.
@Rickey Ear let me PM you and send you my email we can talk on there. As car as crime in a neighborhood goes, KC is weird because the dynamics of a street might be pretty bad but one more block over could be a great crime free area. I have had two shootings where I live in Downtown there are still apartments that rent for 1600/month.
3908 e. 72nd street was purchased in May for $25k and rents for $950/month? I guess some nice rehab work was invested. It isn't listed for sale currently. Did you find that off market?