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Updated about 8 years ago on . Most recent reply

Account Closed
  • Investor
  • Colorado Springs, CO
10
Votes |
72
Posts

Feedback on Leavenworth & Bonner Springs KS

Account Closed
  • Investor
  • Colorado Springs, CO
Posted

Hi all

I've been offered some property in Leavenworth, KS and also Bonner Springs, KS - I'm not familiar with the areas. Before I move ahead with due diligence, could those with experience in the area give me some information on it in terms of rental demand, crime, general economy, demographics etc?

These would be buy and hold rentals (predominantly single family - mixture of 2 & 3 bedroom homes) so i'm not looking for the ability to flip or on-sell, really just to hold for rental income longer term.

Many thanks for your help

Rudi 

Most Popular Reply

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791
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Austin Fruechting
  • Investor
  • Kansas City, MO
1,670
Votes |
791
Posts
Austin Fruechting
  • Investor
  • Kansas City, MO
Replied

@Account Closed - so much of the question about tenants is going to be dependent on the class of property you are buying...

Vacancies - I run about 7-8%

City - if you have a code violation they give you plenty of opportunities to fix. I have never been fined. 

Crime - it's the lower case crime and not bad/dangerous

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