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Updated 8 months ago on . Most recent reply

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Aj York
  • Homeowner
  • Meridian ID
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OOS interested in cash flow KC multi family

Aj York
  • Homeowner
  • Meridian ID
Posted

I know a little about the area. Just starting off, I am wanting a cash flow 4,3, or 2 unit property. Does KC feel like a good market for that, for the people that are there? Thanks

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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
1,169
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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
Replied

Hey @Aj York I think you can do it right if you have the right team. Most of the unsuccess stories can be tied to bad "turn key" single family home investor companies in which you didn't work with a buyer's agent that specializes in KC multifamily. There are some areas to stay away from and areas that are great. Just depends on your goals and ambitions. I recommend investing in class A or B areas only for your first investment and something that is near turn key. This will keep it affordable for you but will always have high rental demand. 

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