Crazy About Real Estate » ReInvest http://crazyaboutrealestate.com Just another Crazyaboutrealestate.com weblog Sun, 22 Mar 2009 19:44:48 +0000 http://wordpress.org/?v=abc en hourly 1 Kansas City VS Other Markets For Investing http://crazyaboutrealestate.com/letters-of-an-investor/kansas-city-vs-other-markets-for-investing/ http://crazyaboutrealestate.com/letters-of-an-investor/kansas-city-vs-other-markets-for-investing/#comments Sun, 22 Mar 2009 19:44:48 +0000 dan reedy http://CrazyAboutRealEstate.com/?p=98 With the huge interest in Cash Flowing Rentals in Kansas City from investors nationwide, I thought it would be interesting to compare it to another rental market I have been seeing promoted on many blogs and websites as a cash flowing market.

I have also included info about the area from which many of our investors come from.

This information is according to Yahoo Real Estate neighborhood profiles.

Kansas City Detroit Los Angeles

Population 450,375 916,952 3,834,340

Population Growth 1.9% -3% 3.5%

Population Density 1424 6265 8388

(residents per sq mile)

Median Age 36 33 34

Medium Income $43,574 $32,426 $42,529

Median Home Age 42 yrs 57 yrs 34 yrs

Median Home Value $146,400 $32,426 $606,375

Ownership % 51.45% 46.05% 36.4%

Rental % 37.04% 38.54% 60.36%

High School Grad 82.9% 69.6% 66%

Unemployment Rate 7.8% 17.7% 7.8%

Returns of 20%-40%, stable economy, availability of affordable housing and an average price of $57,500 for Postive Cash Flowing Properties makes Kansas City a FANTASTIC market to invest in.

Kansas City Investment Properties & Cash Flowing Rentals

Missouri Real Estate Exchange

11333 Hickman Mills Drive

Kansas City, Mo. 64134

Office(816) 761-9400

Fax(816) 761-9401

Toll Free (866) 451-MORE

Email: danreedy@morekc.com

BLOG:  http://activerain.com/blogs/reedy6799

]]> http://crazyaboutrealestate.com/letters-of-an-investor/kansas-city-vs-other-markets-for-investing/feed/ 11 The importance of being consistent and having a long-term vision. http://crazyaboutrealestate.com/letters-of-an-investor/the-importance-of-being-consistent-and-having-a-long-term-vision/ http://crazyaboutrealestate.com/letters-of-an-investor/the-importance-of-being-consistent-and-having-a-long-term-vision/#comments Tue, 13 Jan 2009 22:36:48 +0000 Matt Vestal http://crazyaboutrealestate.com/?p=59 Starting a real estate business can really take a toll on you especially trying to do it part-time with a full-time job and maintaining a family. But if it’s your dream to own a real estate business or buy real estate make sure that you focus on your long-term goal. Don’t get frustrated with the ups and downs, it’s business. Take your time and always try to reinvest capital back into it. The end result may not come 1 year from now, 2 years or even 3. Remember this…BE PATIENT. Take your time with it and make wise decisions based on logic not emotion. Also remember that a business runs itself, if you can leave your business and come back and it’s still making more or just as much money as when you left, it’s a true business, if not you’re self employed. Focus on your 5-10 year vision of a TRUE business, seek counsel and stay consistent by practicing discipline. This will bring you closer to financial freedom day by day.

Happy Investing,
God bless you!

ERNESTO TINOCO
MOKSRealEstate.com

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