-
7/23/2019 Why Invest in Kansas City
1/4
INVESTMENT NEWS
VISITKansas City
2nd Tuesday Monthly6pm to 9pmNetworking
Speaker
Active Social MediaFacebook
Google PlusLinkedIn
See MAREI.org
Ten Reasons to Invest in
Kansas City
Kansas City, Mo.,is increasingly becoming a national hub for
entrepre-neurs, said Pete Fullerton, president and CEO of the
Economic Develop-
ment Corporation of Kansas City.
But is it a good place for real estate investors to park their
money?
Well we would like to think so because if the city and the
region as there
are quite a few cities in the area are growing for entrepreneurs
as well as
big companies, that means more people will be coming here to
live. More
people moving here for new jobs or to start their new company
means
more people buying houses and needing places to rent.
So why is Kansas City MISSOURI so awesome?
As an aside if you dont know our region has two Kansas Cities
one is
on the Missouri side and where we are discussing today, the
other is on
the Kansas Side.
(Continued on page 2)
Mid-America Association of Real Estate Investors NewsletterMarch
2 15
Buying or Selling Property? MAREI members post properties on
their own free website.
Properties flow through to the MAREI website where they are sent
out to the Member Data-
base and the MAREI Facebook pages. If you are buying, please
check the MAREI website
at www.MAREI.org if you are selling, please join and market your
property
FREE BONUS!
How to Get Started Wholesa
on the MAREI Facebook Pa
Direct Link: MAREI.org/411
-
7/23/2019 Why Invest in Kansas City
2/4
MemberBenefits
Monthly Meetings
Monthly Seminars
Local & NationalEvents
FREE Website*
Member Library
Member Newsletter
Member PropertyMarketing
Local & NationalVendors
Local & National Dis-counts
Social Media Pagesfor Members toConnect & Market
National LegislativeWatch Keeps YouInformed andProtects Our
Industry
Membership
Annual $99
Internet Only $50
Business $499
Monthly & QuarterlyPayment Plans
So lets take a look at the Top Ten Reasons why Kansas City is
great . . .
1. Everyone Meets in the Middle: Kansas City has long been
considered afly over state. There is not a lot here, but it is
fairly centralized east to west
and north to south in the US. So it has become a great connector
for shipping
and is by far thelargest rail network by tonnage.
2. Everyone is Smart in Kansas City: Ok, so maybe not, but
Kansas Citydoes have quite a few major research institutions
likeStowers Institute for
Medical Research,KU Cancer Centerand many other cutting edge new
com-
panies. The region is working to attract bio research and tech
start ups and
Kansas City is the first city to have Google Fiber, creating
even more buzz.
3. We are very cultural: Just last week, the Kansas City Star
reported themillions of dollars that is generated in the region by
the arts. One quote from
the article: We really have had a cultural renaissance in the
past 10 to 15
years, said Harlan Brownlee, president and CEO of ArtsKC. The
state of the
arts is really pretty good. We are in a lot of top five and top
10 lists in compari-
sons among regions. People are spending more per capita than
anticipated,
and demand is higher.
4. Downtown is coming back: Many major metro areas have already
re-vived their downtowns. Kansas Citys downtownhas been struggling
to re-
vived. Many projects put in place before 2008 are just now
starting to bear
fruit as Millennials are moving downtown and in turn new and
innovative com-
panies are moving downtown. So while the city is slow to catch
up with other
cities, right now is when we are starting to see it happen, so
investors are get-
ting in on the ground floor of the future Kansas City.
5. Everything is up to date in Kansas City: Again because of
Google Fi-ber, we are getting a lot of new high tech start ups and
PC Magazinenamed
the city as one of the top cities for High Tech.
6. Everything is bigger in Kansas City: We have a lot of major
corpora-tions, names you probably have seen in the news or in
stores . . . like Hall-
mark, Russell Stover, Sprint, Burns & McDonald, Cerner,
Garmin and many
more.
7. Its cheap here: Well not cheap, but Kansas City does have a
very low
cost of living compared to the national average. According
toForbes Maga-
zine,Kansas City is more than 3% lower than the national
average.
8.Slow and steady wins the race: If you look at housing you will
see thatour prices did not have huge growth before 2008 and when
the housing mar-
ket collapsed, we really didnt see huge losses. So investment
dollars in the
Kansas City housing market, will be fairly steady as the region
saw between
3% and 3.5% growth since 1975.
9. Affordable housing costs: If you look at the average house
price in Kan-sas City you are looking at $160,000 on average and
$105,500 at the medi-
an. However if you are looking in the rental markets that number
goes
down. You can purchase a house in Kansas City that is 100% move
in ready
and quite often already rented for anywhere from $20,000 and up.
We feel the
(Continued from page 1)
(Continued on page 4)
CHAPTER
-
7/23/2019 Why Invest in Kansas City
3/4
BUSINESS
directory
Service Company Contact Phone Web
Auction Company
Cates Auction
Staff
816-781
-1134
CatesAuction.com
Contractor Building Trades Robert Massey 816-868-1817
Contractor Discover Heating & Air Curt Whitlock 816-500-2970
Discover HVAC.net
Contractor Supply Home Depot Sharon Beck 913-313-8912
HomeDepot.com
Contractor Supply Odor Universe Mike Riddle 816-718-9136
OdorUniverse.com
Contractor Supply Sherwin Williams Mike Steiner 816-589-8506
SherwinWilliams.com
Hard Money Crossroads Investment Lending Staff 913-766-2900
CrossroadsInvestmentLending.co
Hard Money Great Plains Funding George Hersch 913-735-6605
GreatPlainsFunding.com
Hard Money
Investor Choice Funding
Dave Williams
303-500
-7088
InvestorsChoiceFunding.com
Hard Money Kansas City Investor Funding JJ Pawlowski
816-916-4593 KCInvestorFunding.com
Hard Money Longhorn Investments Mike Friedl 913-634-6386
LonghornInvestments.com
Home Buyer kcmoHomeBuyer Scott Tucker Tucker 816-200-2198
kcmoHomeBuyer.com
Insurance Asset Protection Insurance Lisa Goodner 877-752-2742
APIAProtects.com
Investor 3B Real Estate Investments Bob Hult 913-940-0992
3BREI.com
Mortgage Pulaski Bank Beth Langston 816-234-8660
PulaskiBank.com
Realty Realty Resource Staff 816-523-4400
RealtyResourceKC.com
Realty & Management
Arrow Realty
Candace Davis
913-956
-5003
ArrowRealtyKC.com
Realty & Management Executive Asset Realty Group Jim Goodwin
816-866-1159 ExecutiveAssetRealty.com
Realty & Management Home Rental Services Kandy Meehan
913-469-6633 Home4Rent.com
Realty & Management Jamieson Home Team Kevin Jamieson
913-384-8331 JaimesonHomeTeam.com
Security COPR Security Geoff Miles 816-398-4045 COPRcage.com
Title & Escrow Accurate Title David Green 913-338-0100
AccurateTitleCo.com
Title & Escrow Alpha Title Patsy Archer 913-498-8999
AlphaTitleLLC.net
Title & Escrow Continental Title Sharon Bower 913-744-7011
CTitle.com
Turn Key & Wholesale
KCInvest
Don Tucker
913-735
-0118
KCInvest.com
In March: Wholesaling Houses With Vena Jones Cox
See full details on all Business Associates at
MAREI.org/Business-Directory/
Mid-America Association of Real Estate Investors does not render
legal, tax, economic or investment advice. All pro-
grams, properties and services are provided with the
understanding that Association is not engaged in rendering legal,
tax,
or other professional services. If legal, tax or other expert
assistance is required, the services of a competent
professional
should be sought. Everyone should complete their own due
diligence!
-
7/23/2019 Why Invest in Kansas City
4/4
Contact Us
Learn more aboutMid-America Associationof Real Estate
Investors
Chapter of National REIA
Kansas City Office8014 State Line Rd,Suite 210Leawood, KS
66208
(913) 815-0111
[email protected]
Visit us on the web atwww.MAREI.org
A Trade Association forReal Estate Professionals
For landlords, wholesalers, rehabbers, note sellers, multifamily
investors,exchangers or anyone else who use real estate as a way to
build
wealth. We welcome full time investors as well as those just
getting start-
ed or people who provide a product or service to the
industry.
With something for everyone from beginner to pro!
The experienced real estate professional will find thesupport
they need stay in-
formed of the issues and tools to take action. The new investor
will find the edu-
cation they need to get started and the products, services and
connections to build
profitable businesses. The product or service provider that
caters to the real es-
tate industry will find active professionals who need their
services. And everyone
benefits from our community, from live meetings and events to
our very vibrant
social media destinations. Please join us . . . .
MemberDiscountsHome Depot 2% Rebate
Sherwin Williams Discount Card
Office Depot Max Discount Card
Rentals.com 20% Off Reg Price
ISC Tenant Screening
More . . . .
Meeting LocationMAREI Meets every 2nd Tuesday at the Holiday Inn
& Suites at 8787 ReederRoad in Overland Park, KS. Conveniently
located just off 69 & I35 Highwaysat 87th Street.
Meeting Agenda
6:00 pm:Networking & Vendors6:00 pm:Announcements &
Introductions7:30 pm:Why (& how) You Should Buy & Hold with
Stewardship Properties9:30 pm:Late Night Networking in the
LoungeFebruary Meeting on 8th Floor in Sunset Ballroom
sweet spot in good working class neighborhoods is between
$40,000 and $70,000, and you can find a very good
supply of houses for your rental portfolio.
10. Show Me the Money: Kansas City li ke many mid-western cities
can return an excellent return on investmentbased on the risk the
investor is willing to accept. From a solid and steady 10 percent
in more stable higher priced
neighborhoods, 10 to 12% in solid blue collar neighborhoods and
12 to 20% in our urban core neighborhoods. It all
depends on the investors risk tolerance and selection of on the
ground teams.
We invite you to take a good look at Kansas City. One of the
best reports out there continues to be theReal Estate
Report for Metropolitan Kansas Cityfrom Block Real Estate
Services and if you want to drill down to the metro resi-
dential numbers you can visit theKansas City Regional
Association of Realtors for local stats.
This article written by Kim Tucker and posted the KCInvest
blog.
To read this article with live links to much of the data sited
in
this article as well as the report from Block and to
KCRAR.com please visit www.KCInvest.com
The team would love to hear from you one why you invest in
Kansas City and if you
have a question about Kansas City, please visit them online to
ask as well as to see
one of the many cash flowing rental properties available for
sale. You can
reach the team both at www.KCInvest.com or by phone at
913-735
-0018 and
find them on Facebook and LinkedIn.
(Continued from page 2)
FREE BONUS!
Todays Note Business -
A Webinar & 5 Day e Course:
Direct Link: MAREI.org/Eddie
NoteSchool in Kansas City
March 6, 7 & 8
