I’m trying to keep my mind on real estate today. But I have to be honest and let you know it keeps going back to last night’s game and forward to tomorrow’s game against UCLA. Don’t worry, however. I had a closing today. Showed a couple places. Writing an offer tonight. So I haven’t stopped working. Just have Jayhawks on the brain!
Kansas City real estate seems to be getting quite a bit of attention from around the country. I have probably had 11-13 inquiries this week by phone and email asking about our market, what places rent for, where is the best place to own? Owning rental property to help fund your retirement is a great idea. And Kansas City is one of the few metropolitan areas around the country where investment property is still “affordable”.
And don’t forget…there are 4 Benefits to owning income property in Olathe, Kansas City, Overland Park, etc.
- Cash Flow Before Taxes
- Principal Reduction
- Depreciation
- Appreciation
I spotted some great condos in Lawrence, Kansas yesterday. Priced at $73,000 they are converted apartments with new mechanicals and vinyl siding. Two bedrooms and one bath located a few minutes from the campus of the University of Kansas. Rents should be $550-$600/month. Priced at $73,000. Email me for more info.