Kansas City hit an all time rental low from about 2005-2006. As of 2007 we have started to rebound. The market is not what is was three or four years ago but it is improving.
Like all cities KC has good and bad areas.
First of all you must pay strict attention to where you are considering investing!
Kansas City, Mo was recently selected as the 16th most violent city in the nation. Read This:
http://www.turnkeyproperties.org/resourc��
Go to
http://www.kcpd.org
and look at the crime maps. You can see on these maps the burglary and car theft and even homicide hotspots. Many areas of KC are out of control, if your property is vacant your plumbing, HVAC and even storm doors and gutters will be stripped from the home.
On the other hand there are many great areas of KC that pose great investment potential. I know this market better than most anyone you can find, you can see my information at
http://www.turnkeyproperties.org
.
You may also see the Kansas City Investment Properties we have listed at
http://www.loopnet.com/MyListings/turnke��
There are many companies out there trying to sell overpriced real estate with the promise that you will get $XXX.XX in rent, If it would bring that kind of rent it would already be rented.
There is more Kansas City investment property articles and information on my site than you can imagine.
Incidentially I do not buy investment property. I only assist investors with finding, managing and selling there investment property. I have been in property management for nearly 25 years. I have been in KC since 1990.
If you want to know how much your home will rent for read this.
http://www.turnkeyproperties.org/resourc��
Check out my site and send me an email so I can assist you further.
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