Overland Park, KS · Member since 2017 · 3 posts · 2 votes
8y
That is way too broad of a statement and not very accurate. I grew up in KC and will be moving back there soon to begin investing in real estate and am almost looking exclusively within the 435 loop. My brother runs a company with about 90 units all of which are in the 435 loop. Just don't go east of Harrison St. on the Missouri side and stay south of I-70 on the Kansas side and you should be able to find enough deals to analyze that something will work out.
Investor · New York City, NY · Member since 2015 · 13 posts · 7 votes
8y
Agree with @Account Closed - would love to hear more. I'm planning a short trip out in early June, it would be great to narrow down areas to visit beforehand.
Overland Park, KS · Member since 2017 · 3 posts · 2 votes
8y
That is way too broad of a statement and not very accurate. I grew up in KC and will be moving back there soon to begin investing in real estate and am almost looking exclusively within the 435 loop. My brother runs a company with about 90 units all of which are in the 435 loop. Just don't go east of Harrison St. on the Missouri side and stay south of I-70 on the Kansas side and you should be able to find enough deals to analyze that something will work out.
Real Estate Broker / General Contractor / Property Manager · Kansas City, MO · Member since 2010 · 395 posts · 425 votes
8y
@Account Closed we need more info about what you are wanting to do. Most of these neighborhoods you have listed are C areas with high crime and vacancy rates.
The Manheim Park/South Hyde/Squier Park neighborhoods are all in midtown. These are mostly older, 100yr old homes with all kinds of styles and sizes. The further east you go, the worse it gets. Generally, don't go past Troost if you have any desire to flip a house and don't go past Paseo unless you want a D property. I will say that there is a lot of development in the works around these areas that should help improve property values.
Stratford Estates/Ruskin Heights and Marlborough are all further south. Most of these properties will have been built after WWII. The majority of these homes will be ranch style and around 1000sq ft in size. Don't ever expect appreciation in these areas. If you buy right, you can get good cash flow, but be prepared for high turnover and crime.
Specialist · Kansas City, MO · Member since 2018 · 331 posts · 148 votes
8y
@Account Closed I am local here in KC and work with out of state investors solely. I have put together a great resource I would like to share with you that 1. helps investors understand the way we view property classes and 2. outlines all the different areas we usually invest in with all the school ratings. Reach out to me and i'd be happy to chat!