Anything going on in Wichita?

[Justin Miller]

I’m an investor in Denver looking at Wichita for some opportunities with single-family homes and long-term rentals. I am traveling back to Denver over the weekend and will be driving through Wichita to check things out. Curious about perhaps distressed properties or foreclosures or REOs. Anything where I can increase the value through a rehab. And I really love mid-century modern architecture.

[Arman Ahmed]

Quote from @Justin Miller:

I’m an investor in Denver looking at Wichita for some opportunities with single-family homes and long-term rentals. I am traveling back to Denver over the weekend and will be driving through Wichita to check things out. Curious about perhaps distressed properties or foreclosures or REOs. Anything where I can increase the value through a rehab. And I really love mid-century modern architecture.

Wichita can be a solid market if you’re focused on value-add single-family and long-term rentals, especially if you find the right block and buy below replacement cost. Since you’re driving through anyway, I’d definitely walk a few neighborhoods and look for distressed properties in person, because that will tell you a lot more than Zillow ever will. If you’re open to other Midwest options too, Ohio is still worth a hard look for investors who want stronger cash flow and rehab opportunities without paying coastal prices.