Flip This House!

This well cared for home is being offered as a great opportunity for the first time investor! Located in an exclusive neighborhood with comparables coming in well over $30,000 this all brick, two bedroom one bath home (well, in the interest of full disclosure the bathroom is really more a hole in the floor since there is no active plumbing running to this home) will be offered on a first come first served basis. The initial asking price will only be $41,999. The land alone is worth more than that! After repair value rents should be well above $350 per month…if you can collect it.

Some landscaping, minor roof repair and re-pointing of the brick work will make this baby sparkle. To arrange for your private showing please allow 48 hours so that I can get a security company to escort us to this soon to be gated community.

NOTE: Not all potential flips are as obvious a bad choice as this one…you’ll need experience or a professional investment real estate agent to know the difference…

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Filed under Kansas City Real Estate, Real Estate Investing

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