Posted by KC Questions on March 06, 2002 at 15:13:35:
A lot of people here have a renter’s mindset. A lot of great companies are headquartered here such as Sprint, Hallmark, H&R Block and others, so in my opinion the job market seems pretty stable, which means my tenants seem to be more stable in my rentals. There are plenty of houses here that you can buy and rehab for under $30k that will rent for $600/month. There has been a lot of new construction in the inner city, which should translate to higher home prices in the future since there has been new legislation passed to attract businesses and their revenues to improve the “urban core.” I typically invest in this area, but there are a lot of areas with higher end homes, if that is what you are after. I believe Kansas City is a great place to invest in.
Good luck on your move.