Market Spotlight: Cash Flow in Kansas City, MO | PREI 013

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6 • 968 Ratings

🗓️ 20 August 2015

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode we take a look at Kansas City, MO and why it’s such a great market for real estate investors. Most investors are not even aware of the incredible opportunities available to them there. So we’ll dive in and take a look at why it’s a great market and what you can expect to find for your real estate investment portfolio. Kansas City is a largest city in Missouri made up of 147 constituent neighborhoods. With a population of over 463,000 people in the actual city, the greater metropolitan population is expected to grow to 2,200,000 by 2020. The overall education level of Kansas City citizens is substantially higher than the typical US community, as 29.6% of adults in Kansas City have at least a bachelor’s degree. Jobs are plenty with many large employers spread across a diverse range of industry sectors, and the cost of living is 15.3% below U.S. average. Click here to view the latest Kansas City investment properties. – – – – – – – – – – – – – – Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here’s how. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to passive real estate investing, the show where busy people like you
0:05.0	learn how to build substantial passive income while creating wealth for the long term.
0:09.0	And now here's your host, Marco Santorelli.
0:13.0	Welcome to Passive Real Estate Investing episode 13.
0:16.0	I'm your host, Marco Santorelli, and today's show is a market spotlight.
0:21.0	Today we're going to look at Kansas City. We've been in
0:23.8	Kansas City for about eight years with tremendous success. There is so much
0:28.3	opportunity there and you could pick up properties in a wide range of price ranges from 50,000 on the low end to 150,
0:37.0	$160,000 on the high end. And that's really not even the high end. You could get
0:41.0	two, three hundred thousand dollars properties there, although I don't recommend those as investment grade
0:44.9	properties the numbers don't work out as well on those types of properties but
0:49.2	Kansas City has been growing year after year It has a large growing population that is expected to increase
0:55.8	to about 2.2 million by the year 2020, so that's only about six years away. Kansas City
1:02.4	is a large city in the state of Missouri. It has a
1:05.1	population of about four hundred and seventy thousand people but it's made up of
1:09.7	over 147 constituent neighborhoods.
1:13.2	And Kansas City has a very diverse economy.
1:15.6	It's neither blue collar nor white collar.
1:18.0	It's got a mixed workforce and it expands every sector from health care to professionals, office workers, service providers,
1:25.6	industrial sales jobs, management type positions, administrative support,
1:30.2	technology is a new big one.
1:32.3	Kansas City has more people living there. technology is a new big one.
	...

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