What do you think about investing in Kansas City?

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So, I was talking to someone who manages real estate properties in Kansas City. She does the repairs and collects rent for out of state investors. By they way she made it sound, it sounded like you just buy one of these 50k-75k houses in the ghetto and rent it out for 800 per month.

It seems like a good deal even if I have to pay her a certain percentage and renovate the property to make it livable.

Then again, it's the ghetto. How easy is it to rent these places out for 800 per month? Why don't we see people buying more houses when they're so cheap?

Thoughts?

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ScoopThrowAway

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Posted: 4 years ago
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