invest property: Kansas City VS Other Markets For Investing
- 03/19/09 09:02 AM
With the huge interest in Cash Flowing Rentals in Kansas City from investors nationwide, I thought it would be interesting to compare it to another rental market I have been seeing promoted on many blogs and websites as a cash flowing market. I have also included info about the area from which many of our investors come from. This information is according to Yahoo Real Estate neighborhood profiles. Kansas City Detroit Los Angeles Population 450,375 916,952 3,834,340 Population Growth 1.9% -3% 3.5% Population Density 1424 6265 8388 (residents per sq mile) Median Age 36 33 34 Medium Income $43,574 $32,426 $42,529 … (1 comments)
invest property: Are You a Conscientious Objector?
- 03/16/09 04:04 PM
Lately I have been getting bombarded with calls from across the country from novice investors asking about the foreclosure market in Kansas City. Is it really true we can buy properties in Kansas City for $5000 -$10,000? Is it really true we can get hard money loans with no money down? Is it really true there are lenders in Kansas City that will sell rented foreclosures in their portfolio and owner finance them with almost nothing down? I have to admit to them that the answer to their questions is yes, it is true. My problem comes when they ask … (2 comments)
They spend their hard earned money to go to seminars, buy tapes, and read books just to get MORE excited about spending MORE money to go to MORE seminars so they can buy MORE tapes and books. Don't get me wrong, education is a beautiful thing. I wish I had more. But... when I see regular people spending $3000, $7000, as much as $30,000 dollars on so called GURU MENTORING, and still have yet to purchase a property, … (37 comments)
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