Well, the worm has definitely turned here in the Kansas City real estate investing market. Oh, don’t get me wrong. As I survey the country I know we are still a great, steady market to have some of your portfolio in. But the last 18 months (until about a month to two months ago) we were able to find 14% cash on cash returns on a regular basis on homes in neighborhoods where my grandmother would feel safe. (Not to @bawldguy)
Prices are up. Competition is definitely up. But, there are still houses to be had. It’s just that my usual forecast of 14% cash on cash has been downgraded to about 11%…maybe 12%. I challenge you to look at the strength of real estate as an investment vehicle and find better returns that that when you take in to account the 4 Benefits of Real Estate Investing.
BBQ Capital | Kansas City Real Estate Investing 