Anybody know MC Properties from Kansas City?

Question

Hi,

I'm doing a 1031exchange now and need to buy a 2nd replacement turnkey property for $45k+.

I'm looking at Kansas City now for this price range turnkey seller. Does anyone know MC Companies? They sell turnkey properties for $45k-$80k, and they have a property management company-Alpine Property Management that manage 200 properties.

Does anyone know this company? How is their turnkey product and their management service.

Thanks!

Jie

Jie Li · Answer

@Brandon Holley,

MC Companies website is http://www.mcpropertieskc.com/

However, they don't put any deals on their website. That's why I want to get some feed back on this company.

Thanks!

Jie

Brandon Holley · Answer

@Jie Li Did you find out any pro's or con's concerning MC Companies? Could you share their website, while looking around for them on the web I wasn't able to find them. Probably a red flag :)

Gordon Cuffe · Answer

@Jie Li yes those 3 zip codes are in the hood. A person can find houses from 10k to 20k in those zip codes. I have never worked with MC properties. I have purchased and sold in Kansas City. That 60k house sounds like something you can find right off the kc mls. You can always private message me a addess and I can tell you what you should pay.

just an fyi.  you have to put the @ symbol then no spaces and then the full name of the person in order for it to notify the person and highlight their name

Brady Hanna · Answer

@Jie Li-I invest in Kansas City in decent areas where I pay around $50-55k all in for 3/2's that will rent for $850+.  If anyone is trying to sell you a property for $60k that rents for $700, I wouldn't consider that a good deal.  Feel free to  PM me and I can give you recommendations.

Jie Li · Answer

@Gordon

Thanks for sharing the info! Are those 3 zip codes not in the good neighborhoods?

Do you invest in the area? If yes, who do you work with? Turnkey property offered by MC Properties for $60k can rent for $700-$725/min.

Thanks!

Jie

Gordon Cuffe · Answer

If your paying 45k or over , I hope that you will get 800 or more in rents. Don't buy a house for 45k  in the 64127, 64128 , 64130 zip codes. You will be paying too much.