Many real estate investors have used the last few years of economic uncertainty as a prime time to snatch up foreclosed properties for investment purposes. Here at the Kansas City movers, we know there are definitely areas of the country where buying a property and flipping it as a rental can be a financially sound venture, but it isn’t every market.
Look for low priced residential markets, for a start. Low prices matched with low mortgage rates can set you up for a quite reasonable monthly mortgage payment that can be inflated for the going rental rates. Kansas City is among the regions in the US were investment properties are a manageable investment with current prices and mortgage opportunities. Sooner is better than later, as the last quarter of 2012 showed a 10% rise in median pricing.