- jeff2investUSA wrote:RickH wrote:Jeff,
Why do you say that ?
What evidence do you have to support your statement ?
I have looked into KC and their are good and shocking parts (like all cities). The middle of the run areas still provide solid returns.
It is a stable city and UE rates ect are all at are below national averages.
I am happy to read anything you have on KC that may change my thoughtsHi Rick, I have a business partner in the USA who is one of the leading buyers agents in the USA, he has a research company that advises investors on where one should invest and not invest, his assesment of Kansas City which can be backed up by data is that Kansas City on a long term basis is not a city that he would advise his investors to put money into. This company researches over 250 markets and has over 30 years experience in real estate. Everyone is open to investing in wherever I do invest in the USA and I am getting good returns. Rick H are you investing in Kansas City? Jeff
Hi Jeff,
It would be nice if you could share the web address of the research company you are talking about. I am sure as we gather more information we would be benefited while deciding where to invest and where not to.
Does the company suggest that the cash flow won't be adequate to cover the investment because of low rent?
michaelandre70 wrote:jeff2investUSA wrote:RickH wrote:Jeff,Why do you say that ?
What evidence do you have to support your statement ?
I have looked into KC and their are good and shocking parts (like all cities). The middle of the run areas still provide solid returns.
It is a stable city and UE rates ect are all at are below national averages.
I am happy to read anything you have on KC that may change my thoughtsHi Rick, I have a business partner in the USA who is one of the leading buyers agents in the USA, he has a research company that advises investors on where one should invest and not invest, his assesment of Kansas City which can be backed up by data is that Kansas City on a long term basis is not a city that he would advise his investors to put money into. This company researches over 250 markets and has over 30 years experience in real estate. Everyone is open to investing in wherever I do invest in the USA and I am getting good returns. Rick H are you investing in Kansas City? Jeff
Hi Jeff,
It would be nice if you could share the web address of the research company you are talking about. I am sure as we gather more information we would be benefited while deciding where to invest and where not to.
Does the company suggest that the cash flow won't be adequate to cover the investment because of low rent?
Hi Michaelandre 70
There is NO web site to share this is a pure research company, one generally pays a fee to have research done. The business is set up for investors who have a certain amount of money to invest. Barry who runs the business has been in the business as mentioned for over 30 years investing himself an advising clients.
I trust his judgement….his assesment for KC over the long term is that you will not get much capital growth…..there are only a few streets that he would reccomend…..yet there are many markets that offer better deals than KC, the same for Florida as far as capital growth. I could email you personaly his assesment of Miami to give you an idea.
He will not even give me a contact in Miami because he feels that it is such a bad investment to make.
As already said …….everyone on the forum can agree or disagree….fine with me…..We all have to make decisions that we feel comfortable with…..
JeffJeff
Hi Jeff,
As far as KC goes. I agree that it is not a city that will provide booming growth….never has. It is a more stable market
with smaller fluctuations in value.
It the moment it does show some good net returns in the 14-18% mark.
Personally I am looking for returns at present. I believe in the long term the growth will come across the country (some alot slower than others)
I had been recommended Lehigh Acres in FL but didnt like this option and memphis seems to be getting a run up the flag pole too…….
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