kansas vs indy investing
7 Replies
Jason Malabute
from Sunland, California
posted about 2 years ago
I’ve been talking to people in the Indianapolis market. Some are saying Kansas has better returns (cash on cash and cash flow).
Is there anybody here that invests or analyze both Indianapolis and Kansas market that can tell me if this is true or not in your experience?
Antoine Martel
Rental Property Investor from Los Angeles, CA
replied about 2 years ago
I think that both of these markets have very similar returns. I stick to Memphis and Cleveland though. I have found those markets have the highest amount of inventory and returns.
Jake Riordan
Real Estate Broker from Overland Park, KS
replied about 2 years ago
I'm just in KC, but I believe Mike D'Arrigo does both & he's active on BP.
Jason Malabute
from Sunland, California
replied about 2 years ago
Originally posted by @Jake Riordan :
I'm just in KC, but I believe Mike D'Arrigo does both & he's active on BP.
I was just talking to him
Hayley Wild
Real Estate Broker from Indianapolis, IN
replied almost 2 years ago
Indianapolis is a great market. I am unsure about the Kansas market, but Mike D'Arrigo has information on both. I would reach out to him.
Jason Malabute
from Sunland, California
replied about 2 years ago
Originally posted by @Hayley Wild :
Indianapolis is a great market. I am unsure about the Kansas market, but Mike D'Arrigo has information on both. I would reach out to him.
I did, but wanna hear from other people too
Mike D'Arrigo
Turn key provider from San Jose, California
replied about 2 years ago
We're active in both of these markets. In my opinion, Indianapolis and Kansas City are two of the best cash flow markets in the country. That's because not only do they have strong returns, they both have growing populations, growing jobs and diverse, modern economies which is critical to the long term value of the asset. You don't see this in many of the popular cash flow markets. Kansas City is cash flowing a little better than Indy because property taxes are lower but it comes down to a personal choice and which market an investor is most comfortable with. If you buy in the right area of either of these cities, work with good people and have good property management, you can do very well in either market.
Jason Malabute
from Sunland, California
replied almost 2 years ago
Originally posted by @Mike D'Arrigo :
We're active in both of these markets. In my opinion, Indianapolis and Kansas City are two of the best cash flow markets in the country. That's because not only do they have strong returns, they both have growing populations, growing jobs and diverse, modern economies which is critical to the long term value of the asset. You don't see this in many of the popular cash flow markets. Kansas City is cash flowing a little better than Indy because property taxes are lower but it comes down to a personal choice and which market an investor is most comfortable with. If you buy in the right area of either of these cities, work with good people and have good property management, you can do very well in either market.
Thank you Mike