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Updated almost 9 years ago on . Most recent reply

User Stats

4
Posts
2
Votes
Marc Lease
  • Peoria, AZ
2
Votes |
4
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New Member looking for buy and hold opportunities in Kansas City

Marc Lease
  • Peoria, AZ
Posted

Phoenix investor looking to build cash flow portfolio in stable Midwestern city - Kansas City is my current choice. Specifically looking for >1.5% RV ratio, and strong COC returns in decent neighborhoods to diversify my income. Thanks for any help!

Most Popular Reply

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3,825
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968
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Larry Fried
  • Investor/RE Broker
  • Eugene, OR
968
Votes |
3,825
Posts
Larry Fried
  • Investor/RE Broker
  • Eugene, OR
Replied

@Marc Lease Hi and welcome to BP!  The ratio you are looking for in decent neighborhoods in KC is not going to be easy to achieve.  Turnkey you are looking closer to a little better than 1% rent to price in B or better neighborhoods.  

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