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Armoni Harper-franklin
  • Realtor
  • Kansas City Missouri
6
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5
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Looking for Investors

Armoni Harper-franklin
  • Realtor
  • Kansas City Missouri
Posted Jun 5 2023, 08:06

Goodmorning all, Im in need of some Advice from investors in the Kansas city Area. would like to go over some numbers/Data

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Caleb Brown
  • Real Estate Agent
  • Blue Springs
1,938
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2,812
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Caleb Brown
  • Real Estate Agent
  • Blue Springs
Replied Jun 5 2023, 08:54

Do you have a deal you are looking at?

User Stats

5
Posts
6
Votes
Armoni Harper-franklin
  • Realtor
  • Kansas City Missouri
6
Votes |
5
Posts
Armoni Harper-franklin
  • Realtor
  • Kansas City Missouri
Replied Jun 5 2023, 13:00

Not just yet, what is your criteria for a successful Investment here in Kansas City Mo. Like how do you determine if a property to keep for the long run? what type of numbers are you looking for?

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1,916
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Alex Olson
  • Real Estate Agent
  • Kansas City Metro
1,075
Votes |
1,916
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Alex Olson
  • Real Estate Agent
  • Kansas City Metro
Replied Jun 6 2023, 12:42

@Armoni Harper-franklin Every investor has different needs on their investment. Some are good with breaking even putting 25% down because it is a better return than current stock market, others want 6-8% cash on cash return and others want an IRR of 15%. All of these are achievable. Keep in mind Class A area will have lower returns than Class C and a Class A property will have lower returns than a class C etc...If all properties and locations generated same return, then their would be no reason for Class identification.

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Replied Jun 12 2023, 06:47
Quote from @Caleb Brown:

Do you have a deal you are looking at?


 Hi Caleb, what do you think about this deal below, they have other four buildings like this one for sale.

https://www.realtor.com/reales...

User Stats

2,812
Posts
1,938
Votes
Caleb Brown
  • Real Estate Agent
  • Blue Springs
1,938
Votes |
2,812
Posts
Caleb Brown
  • Real Estate Agent
  • Blue Springs
Replied Jun 12 2023, 06:59

Let me look into that. You could message me through messenger, we could connect :)