The Worm Has Turned – Sorry Real Estate Investors

Well, the worm has definitely turned here in the Kansas City real estate investing market.  Oh, don’t get me wrong.  As I survey the country I know we are still  a great, steady market to have some of your portfolio in.  But the last 18 months (until about a month to two months ago) we were able to find 14% cash on cash returns on a regular basis on homes in neighborhoods where my grandmother would feel safe. (Not to @bawldguy)

Prices are up.  Competition is definitely up.  But, there are still houses to be had.  It’s just that my usual forecast of 14% cash on cash has been downgraded to about 11%…maybe 12%.  I challenge you to look at the strength of real estate as an investment vehicle and find better returns that that when you take in to account the 4 Benefits of Real Estate Investing.

 

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Filed under Kansas City Real Estate, Real Estate Investing

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