It’s time to look at real estate investing on the ground. Lets look at Kansas City.
We’ve talked about various aspects of retirement strategies with retirement funds like IRAs, Roth IRAs and self directed IRAs.
And we’ve made it plain, we hope, that we consider that investing for your retirement is best done through real estate. That real estate investing offers the single best long term wealth accumulation vehicle. That most of the wealth in our country has been accumulated through real estate investment over the last century or so.
And we also consider that there are some excellent real estate investment opportunities available right now, even in the midst of the current economic turmoil.
In fact that the current economic circumstances have created some fantastic opportunities for real estate investing.
If you know what you’re doing.
We believe that most people don’t know enough about real estate investing to be able to invest successfully and choose good real estate investments in the current (or in any) market. And that it’s best left to the professionals who know what they’re doing.
And City Capital currently offers the single best no money down turnkey, low risk, profitable real estate investing opportunity that we’ve ever seen, for investing for retirement or just for general credit investing in real estate.
Wow, that was a mouthful!
Lets look at an example right now of somewhere you could, if you were an experienced real estate investor, look for some good opportunities. And somewhere City Capital will be looking for buying right now.
Kansas City.
There’s been a lot of properties purchased in Kansas City lately by real estate investors. Particularly in Olathe and Leawood, as well as Blue Springs, Overland Park and Lenexa.
Good quality homes are available with excellent return on investment, right now. If you’re canny you can buy with only 10% down and realize an immediate positive cash flow. If you can do that you can leverage that positive cash flow into more funds, and buy more.
If you can find the source of finance.
Kansas City has a reasonably stable well paid workforce and a history of stable house prices, appreciating at around 5% a year. This of course will vary but over the long term should continue.
House prices in Kansas City haven’t experienced much of the wild swings we’ve seen elsewhere over the last few months.
And if you buy a home in Kansas City now, or before July 1 2009 you can also get a tax credit if your income is under $75000 or $150000 for a couple. So if you’re thinking of just buying a home now is a good time to buy in Kansas City.
Stable population, stable demand, good history of house prices. Kansas City should show why it’s a good place to invest in real estate over the next decade or so.
Or just let City Capital invest in real estate for you. They’re the best at what they do, you’ll be most unlikey to invest more successfully than they will on your behalf.