All Forum Posts by: Wyatt Seidel

This is beautiful. Great work my friend! 

1000% agree with you on this. I don't think people truly understand where the rates used to be back in the 70's-90's. Just like you said, this is more of the norm than anything else.

Sounds like you have a great plan here.  I want to ask your thoughts about checking out the Kansas City area. Have you ever thought about visiting here and seeing what KC has to offer?

Great property, Great area, Great investment. Solid work my friend!

 That was a great way of putting it. It may be from some sort of personal prejudice. I believe from the outside looking in, some people assume the midwest doesn't get good rents, and the areas are trashy.  For others, I've been told it's simply the fact they don't want to manage flips and projects several states away regardless of affordability. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $163,000
Cash invested: $21,000

2/1 upstairs renting for $1300 per months and 3/1 downstairs renting for $1500 per month

 I'm just trying to be like you boss!

 Thank you so much Keith!

Hello all, 

I'm a new agent but have been investing for 3 years now with my wife. I've been in the Kansas City area for 5 years now but I grew up in Oregon.  That being said, investing became a reality more or dream, once I moved to the the Kansas City metro.  

In my personal opinion, I've found that rents aren't the highest nor the lowest.  Giving myself great cashflow and affordability. BUT the big downside I hear from investors is; "it's the midwest" which is enough reason for some people not to take on any sort of investments over here.  

What are your guys' thoughts? My wife and I have had extremely good results with our rentals out here in KC and it seems as if this may be one of of the last regions where the 1% rule applies when analyzing a property.

 Rock and Roll! Thank you so much for welcome!