Investors Buying Up Northland Kansas City – Rents, Profits Rise
Every day, I am reading and posting another article about ordinary folks; savvy, street-smart, yet prudent thinkers, who are buying up our nice middle class properties in Northland, Kansas City(for decades considered to be the best priced, best valued real estate market in the country).
We are a nation of opportunity. A nation filled with people who recognize the value of long term investment potential in homeownership. Although, it seems that our kids, the young persons who struggle to find jobs, and burdend with debt from student loans, and credit card abuses, give little thought or importance to buying a home – and certainly fail to see the value of investing in real property as a wise means to wealth building, have abdicated to renting. I say, goodie!
Why? Because you, and anyone with good credit and a little equity in you own home, or previous investments, a little cash, etc. can buy a second or third single family property here in our area ( there’s plenty to choose from), clean them up and rent them out (managed by professionals) to those that are just starting out or recoverying from hard times suffered by medical issues, unemployement, etc. and who are now on the mend.
Read the articles, we include below, watch the videos Sandy and I have put together. Think about it, talk it over with your spouse, partner, friends then call us for a consult. Your kids will thank you for it.
http://www.slate.com/blogs/moneybox/2012/04/03/converting_vacant_homes_to_rentals.html

