We buy houses in the Greater Kansas City Metropolitan area. However we are very careful to EXCLUDE any undesirable areas – such as the downtown and “inner city” KC areas.
We have the flexibility to target our acquisitions to the wants and needs of an investors’ portfolio, however we normally target;
• 3-4 bedroom
• 1-2 bathroom
• 1-2 car garage
• 900-2000 sq ft houses
• Built post 1950
• NO INNER CITY HOUSES
All have central air conditioning and central heating (as it gets extremely hot in summer and very cold in winter). Most have solid concrete basement walls, brick or wooden frame sidings and composite shingle roofs. Duplexes and multi-family units are very desirable and also are occasionally acquired.
We do not invest in the inner city. Can you buy houses for $5-10,000 in the inner city? Yes. Will you ever be able to sell them???? Who knows? The appreciation upside potential is minimal and the clientele of tenant is undesirable.
