kansas city real estate: Kansas City Investment Property - 07/05/11 08:20 PM
Owning and operating investment property in Kansas City really isn’t all that difficult. What I do isn’t rocket science. It’s just applying tried and true real estate investment principles along with a generous helping of knowing how Kansas Citians buy, rent and sell houses.
You don’t have to be from the KC area to own rental property here. Regardless of where you are from there are differing ways you can own income property.
Buy Turn Key Rental Property You can buy rental property that is turn key which is a popular choice amongst the busy, working professional. We simply find you … (1 comments)
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kansas city real estate: Kansas Foreclosure Homes Tour - 08/09/10 05:37 PM
I will be conducting a Kansas Foreclosure Homes Tour on Sunday, August 15, 2010. For all the details please visit us at Foreclosure Homes Kansas.
… (0 comments)
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kansas city real estate: Kansas City Real Estate Price Reduction and Tip - 07/26/10 03:15 PM
This Olathe house for sale has reduced the price by $5,000. The asking price is now $225,000. Olathe is in the southwest suburbs of the Kansas City real estate market. If you would like to see additional information or pictures of this Olathe house for sale you can do so by clicking this link to the Kansas City MLS property page. *** Want to buy a foreclosure home? Two things you need to know;
I'm setting up a new website over at www.foreclosurehomeskansas.com The website really isn't open yet but stop by and take a look. You may want to add … (3 comments)
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kansas city real estate: New facebook Page for Olathe Real Estate - Keller Williams Realty - 10/19/09 10:29 PM
I'd love to have you go on over to my new facebook page promoting real estate in and around Olathe, Kansas. As regular readers of this blog and of BBQCapital know, Olathe is a fast growing suburb of Kansas City, Missouri. The name of the site is Olathe Real Estate Keller Williams Realty.
Now, it's a new page so there aren't very many bells and whistles...yet. But I'd love to have you join if you are a facebook member and a regular reader of Kansas City Real Estate & Investing. What I discuss here and what I discuss there could be, … (0 comments)
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kansas city real estate: Investment Property in Olathe, Kansas For Sale - 01/16/09 11:22 AM
Olathe Duplex For Sale
This is not my listing. But I am really liking this Olathe Duplex that is for sale. Priced at $184,950 the price has been lowered from an original asking price of $200,000...which I thought was a little high. Each side is 2 bedrooms and 1.5 bathrooms with a one car garage per side. (Not my photo so sorry about the quality.)
The really good news? It's in Olathe which is still a healthy real estate market. It's across the street...literally...from Mid American Nazarene University. And just minutes from I-35 and everything Johnson County, Kansas has to offer.
I … (2 comments)
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kansas city real estate: Snapshot of the Kansas City Real Estate Market - 01/02/09 08:41 AM
Kansas City Real Estate: A Glimpse At The Current Market
I'm going to break for this post from talking about Kansas City real estate investment property and talk about a specific part of the Kansas City real estate market and that is Johnson County, Kansas. You see, a real estate investor client of mine who has purchased a few homes from me has asked me to help his son and fiance to buy their first home. They are looking for something that will give them the warm and fuzzies but also be a solid buy and a good investment.
What they want … (0 comments)
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kansas city real estate: Rehab and Rent Workshop for the Kansas City Real Estate Investor - 08/02/08 07:44 PM
There will be a Rehab & Rent Workshop put on by Chris Lengquist of Keller Williams Realty in Olathe on Saturday August 23, 2008 at 9:00 am and ending about noon. Space is limited so you must register to attend this workshop designed to teach you the numbers and philosophy of buying a home under market, rehabbing it to rental standards and then renting the home for cash flow. The location will be at Keller Williams Realty Olathe located at 801 N MurLen Rd, Olathe, KS.
Guest speaker Ryan Dusenberry will also be in attendance to share his own personal experiences … (2 comments)
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kansas city real estate: Kansas City First Time Home Buyers - 07/24/08 10:06 AM
Attention first time home buyers in Kansas City. And yes, that includes Overland Park, Olathe and a dozen other cities. The current mortgage crisis will now benefit you!
The House has passed a bill that will likely become law within the week. It's a bill that no one wants to stand in the way of so it's pretty much a done deal. How will this help the first time home buyer in the Kansas City area? Well, if you;
Are a first time home buyer Have purchased or will purchase a home between April 9, 2008 and July 1, 2009 Have … (3 comments)
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kansas city real estate: Buy & Hold Real Estate Investing Works In Kansas City - 07/11/08 11:11 AM
It's Called Buy & Hold Real Estate Investing
Yesterday I addressed those of you who may be stuck in the "No Sell Zone" of real estate investing. I'm not gonna recap it here other than to say that we were looking at what happens if you are actually losing money on your real estate investments today. By losing money I mean your yearly outgo is exceeding your yearly income.
I've worked up a scenario below to show you that it's not all that bad. You can and will survive. You may not make as much money as you hoped. But it's called … (1 comments)
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kansas city real estate: Olathe, Kansas Housing Market - 06/11/08 11:04 AM
Olathe, Kansas: Spotlight On Why I Like This Market
Olathe, Kansas has been mentioned by me time and time again as a market that I am enamored with. Sure, I live here. But there is much more to it. For real estate investors and Joe & Mary Homebuyer alike Olathe offers the opportunity for solid appreciation even in these tougher times. If it's alright with you I'm going to take a minute and show you (and link you) to what I'm talking about.
Top 15 City in AmericaAs recently as 2006 when CNNMoney ranked the Top 100 Cities in America, Olathe finished #13. Neighboring Overland … (2 comments)
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kansas city real estate: Olathe - Kansas City Real Estate Homes For Sale Has A New Resource - 06/05/08 08:00 AM
Olathe Kansas City real estate homes for sale has a new resource. If you are looking for a resource to help you locate homes for sale in the Olathe or Kansas City market areas then you will want to visit the our newest website at www.OlatheKansasCityRealEstate.com. With easy to use buttons to help you conduct your free MLS style home search by either map, zip code or school district.
You can either use the system to search for real estate for sale or you can register and save your searches. The choice is yours and yours alone.
And if you are … (1 comments)
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kansas city real estate: Belton, Missouri Fourplex: A Good Real Estate Investment - 11/21/07 09:34 PM
I've located a good quality real estate investment property in Belton, Missouri. It's not my listing so I will not give you all the details here. But I will say that this income fourplex has a brick front and smaller, one bedroom units. They appear to be clean and updated. Asking price around $145,000 to $160,000 and rents around $1,600/mo.
If you are looking for a quality investment property in Belton or the Greater Kansas City area including Jackson, Cass, Clay and Platte counties in Missouri or Johnson and Wyandotte Counties in Kansas I am sure that we can help.
To get … (3 comments)
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kansas city real estate: A Kansas City Investment Property With Mold - 08/27/07 10:38 PM
One of my Kansas City real estate investors owns an investment property that is turning on him. And not turning for the good. So this is a lesson post. A "what to watch out for" post, if you will.
This investor bought a home that needed quite a bit of rehab. Since there wasn't quite enough margin to rehab and sell he decided to rehab and rent-option the property. There had been a water leak in the house so they redid the drywall, fixed the roof and the guttering and installed a sump pump in the crawl space.
Now he's getting a reappearance … (10 comments)
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kansas city real estate: Further Proof Of Kansas City Real Estate Bubble Bursting!!! A Must Read! - 08/16/07 10:26 AM
See, I can tell who watches the national news and/or cable news networks. They are constantly asking me about the real estate bubble bursting and how bad is the market? Here I have actual proof of the Great Kansas City Housing Bubble Burst of 2007. From today's Kansas City Star they report that sales are down on data reported for April - June compared with last year...Check out these numbers if you want further proof!!!!
Florida - down 41.3% Nevada - down 37.5% Arizona - down 23.4% Maryland - down 21.1% California - down 19.8% Kansas City area - down 0.7%I don't … (11 comments)
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kansas city real estate: Rental Property In Kansas City - 08/01/07 09:28 PM
Rental property in the Kansas City area can come in all shapes and sizes. The great thing about this market is that rental properties can be;
- Apartments.- Fourplexes.- Triplexes.- Duplexes.- Single Family Homes.
Now, if you are reading this and you are a California based real estate investor (or Maryland or New Jersey or Washington for that matter) you probably had to read "Singe Family Homes" twice.
Yes. You can afford to own a single family home in the Kansas City area as an income producing property.
The sweet spot for SFH rental property is between $140,000 and $225,000. At least for Johnson … (2 comments)
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kansas city real estate: Why Working With Kansas City Real Estate Investors Is My Niche - 07/15/07 10:52 AM
I began my real estate career in late May of 2002 with no clue that I would be working primarily with real estate investors before too long. Like so many inexperienced real estate agents I grabbed a sign and held an open house that first weekend. The listing belonged to my broker. The house belonged to a guy named Phil.
I didn't get the house sold that day. (But I did get it sold about 7 months later.) And like so many newer agents I didn't have any listings of my own and no buyers to speak of. My broker, Randy … (6 comments)
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kansas city real estate: Kansas City Real Estate Investing Market Report - 06/07/07 09:15 AM
Kansas City real estate investing
The Kansas City real estate investing market is a mixed bag. Here are my opinions:Buy & Holds - This market is in great shape. There are several values out there right now and many, many homes priced at a realistic market value based on their community. I'm high on duplexes and fourplexes and lukewarm on single family homes. Several apartments for sale right now have grabbed my attention, as well. I'm forecasting a 5-7 year hold period for maximum use of depreciation, appreciation and then an IRC 1031 exchange.
Rehab Properties/Flipping - This market scares me at … (2 comments)
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kansas city real estate: Kansas City Area HUD Homes For Sale Information - 05/31/07 12:37 AM
Looking for HUD homes in Kansas City need not be a chore. There is a website out there found at www.firstpreston.com that will have all the information you will need on finding, bidding on and closing a HUD home for both personal use and for investing purposes.First Preston has THE list of Kansas City area HUD homes - both for Kansas and Missouri. There are also a great many bank owned homes to be found on First Preston. You don't need a real estate agent to look through the list. You don't need to spend $9.95 on a list to be … (2 comments)
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kansas city real estate: Kansas City Neighborhoods: The River Market - 05/06/07 04:35 PM
The City Market is found in Kansas City's River Market area.
The River Market
When I left Kansas City in 1986 to begin my journey in Washington, DC, I left a downtown area of Kansas City that no one really wanted to be a part of. My how things have changed.
When I returned in 2004 and began exploring all that had changed during my odyssey I was most pleasantly surprised to find the River Market area.
To give you some background, when I was growing up this area was known as the River Quay. Translation to Kansas Citians of that era, River … (7 comments)
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kansas city real estate: Do You Own Rental Property? This Letter Is To You. - 04/30/07 02:27 PM
April 30, 2007
Dear Residential Investment Property Owner,
One of the biggest reasons most people purchase investment property here in Greater Kansas City is that they are looking to secure a quality retirement. A retirement worth living will take careful planning and effort on your part now and be beneficial to you later.
Using commercial valuation techniques, experience, the experiences of my many investment property clients, and due diligence I am constantly evaluating Kansas City's investment real estate market. Currently, I find that the rental market is regaining momentum and is healthy in most areas. Floods of people coming out of foreclosure … (4 comments)
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