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Kansas City Gold Rush!

THE KANSAS CITY 
GOLD RUSH 
SPECIAL REPORT 


Special Supplement to the Dan Reedy 
Real Estate Investing Success Letter 

Dear Real Estate Investor: 

A new economic boom is happening across the nation. 

But unlike the Gold Rush of 1849, when people flocked to California to find riches in gold, investors from California and other high-cost states are flocking to Kansas City find “gold” in residential investment properties. 

Kansas City is one of the best-kept secrets in the nation. It was voted in 2007 as the third-best city for relocating families, and it boasts a vast array of entertainment, professional sports, Fortune 500 companies and shopping districts. Only Rome has more fountains than Kansas City, which also is the barbecue capital of the free world. 

What is making out-of-state investors so excited about Kansas City? The mortgage meltdown and ever-increasing number of foreclosures makes Kansas City a gold-mine area to buy investment properties. 

Kansas City has always been a highly stable real estate market, with appreciation averaging 3 percent to 5 percent annually in most areas. While large-market areas on the coasts currently are being battered with falling home values, Kansas City is still experiencing its normal trend of small appreciation. Combine that with low unemployment and lower- 
than-normal rental vacancy rates, and Kansas City is a natural place to invest. 

The average price for a single-family rental property in a good neighborhood is in the $50,000 to $80,000 range, with rents averaging between $700 and $1,000 per month. That combination makes for a low initial investment, with a positive cash flow that can’t be found in most parts of the country. 

Half of the people who want own a home no longer qualify because of the current status of the mortgage industry. These are good people with families who still want and deserve a nice place to live. That makes for higher demand in rental properties, with a higher quality of tenant than has been seen in the past. 

How We Local Hidden Opportunities 
for Real Estate Investing Clients 

We research different neighborhoods and determine which areas are most desirable in regard to affordability, value, tenant desirability, etc. Once we have identified an area, we will seek out properties in distress due to foreclosure or other reasons. 

After the property is purchased, we have an independent inspection done to identify any potential problems regarding mechanical or structural issues, and then complete the rehab to code and tenant desirability. Once the rehab is complete, we place a carefully screened and qualified tenant in the property. After the unit is occupied we market the property to investors at 60 percent to 80 percent of appraised value. 

The unique part of our program is that this is a HANDS OFF truly turn key approach to Real Estate Investing. We take care of the whole process including property management. All you need to do is figure out what do with all of your extra income each month! 

If you want to cash in on the Kansas City Gold Rush, call our office for a complimentary 15-minute consultation. The number is (816) 761-9400 or toll-free (866) 451-MORE. 

 

 
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.

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Testimonials

HI My name is Steve Woodhatch from Sydney Australia.I have bought and sold many properties right across Australia. I am writing of my experience with Dan Reedy from MORE Property. I bought 3 properties from Dan Reedy,and had never bought in USA or knew much about Kansas City Mo,till I heard Dan Reedys radio show. After listening and thought this guy knows what he is talking about I dropped him an email,and made the long trip From Australia to Kansas City mo. I also went to about 4 other states and spoke and looked at many properties,but I found Dan to be the most ethical and Knowledgable as regards the many different markets in Kansas city from Properties in the hood right up to the most expensive suburbs.I will be buying more from Dan. And his wife Nancy is very proficient in accounts and the rental side of the buisness which is one of the most important parts of owning Real estate. Kind Regards Steve Woodhatch Sydney,Australia Steve Woodhatch
It is with much pleasure that I write this letter of recommendation regarding Dan Reedy and his agency, MORE KC. As an overseas investor, finding excellent management was crucial for me, and I feel very fortunate to have Dan and his team looking after my properties. He and his wife Nancy offer a complete real estate service, ranging from rehabbing, to carrying our repairs, finding tenants, and managing the tenancies. Dan is an excellent communicator, which is of paramount importance to the overseas investor. Whenever I have cause to email him, he invariably replies on the same day, and more often within the hour. If urgent repairs need to be carried out, Dan always manages to sort things out immediately, and I always receive his friendly email saying ‘all done’ once things are back in order. Nancy runs the rental side of things like clockwork, with rental statements always delivered on time. The Property Ware software used by MORE KC is brilliant, and because Nancy and her team are vigilant about keeping it up-to-date, owners can log in at any time to check on the current state of bills, repairs, payments, leases etc. I have no hesitation in recommending MORE KC to any property investor, and particularly to out-of-state and overseas investors, who can feel confident that their properties are in good hands. Yours sincerely, Diana Masters Diane Masters
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Dan Reedy 816-767-1188

Over 2000 Homes Bought and Sold Since 2005

#1 United Agent Nationally

 

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