Rental Property Investor · Atlanta, GA · Member since 2014 · 83 posts · 21 votes
Hello,
I am looking for someone in the Kansas City, MO area to give me some information about an area (Investor, Real Estate Agent, Broker, Wholesaler, etc...). My friend has a grandmother who has a property in the East Community Team North area (64127). The property has significant damage due to fire (it is uninhabitable). I am wanting to know information about the area overall. Is the area it up & coming? Good for renting? Should she hear out any offers for it? Let me know if anyone in the Kansas City, MO area has any insight.
@Mitch Price, 64127 is a pretty rough area of KC. It is NOT an up and coming area. This is a D area that can be good for cash flow renting if you can stomach the high turnover and crime. The cost to rebuild in this area is usually way more than what the property will be worth. If it were mine, I would pocket any insurance money and dump the property.
@Mitch Price, 64127 has been noted on the forums as one to avoid. I personally would not pursue that neighborhood as there are other ones that have less crime.