In this episode we take a look at Kansas City, MO and why it's such a great market for real estate investors.  Most investors are not even aware of the incredible opportunities available to them there.  So we'll dive in and take a look at why it's a great market and what you can expect to find for your real estate investment portfolio.

Kansas City is a largest city in Missouri made up of 147 constituent neighborhoods.  With a population of over 463,000 people in the actual city, the greater metropolitan population is expected to grow to 2,200,000 by 2020.

The overall education level of Kansas City citizens is substantially higher than the typical US community, as 29.6% of adults in Kansas City have at least a bachelor's degree.

Jobs are plenty with many large employers spread across a diverse range of industry sectors, and the cost of living is 15.3% below U.S. average.

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Market Spotlight: Cash Flow in Kansas City, MO
Welcome to Passive Real Estate Investing episode 13. I'm your host, Marco Santarelli. Today's show is a market spotlight. Today we're going to look at Kansas City. We've been in Kansas City for about eight years with tremendous success. There is so much opportunity there and you could pick up properties in a wide range of price ranges, from $50,000 on the low end to $150,000, $160,000 on the high end. That's really not even the high end, you could get $200,000, $300,000 properties there, although I don't recommend those as investment grade properties. The numbers don't work out as well on those types of properties.

Kansas City has been growing year after year. It has a large growing population that is expected to increase to about 2.2 million by the year 2020. That's only about six years away. Kansas City is a large city in the state of Missouri. It has a population of about 470,000 people. It's made up of over 147 constituent neighborhoods. Kansas City has a very diverse economy. It's neither blue collar nor white collar. It's got a mixed workforce and it expands every sector, from healthcare to professionals, office workers, service providers, industrial, sales jobs, management type positions, administrative support, technology is a new big one.

Kansas City has more people living there that work with computers and math than 95% of places around the US. That's an interesting statistic. Of the large cities around America, Kansas City is one of the most car oriented. 83% of the people in Kansas City drive to work in their own car every day, most often alone. Also, the overall education level of Kansas City people or citizens is substantially higher than the typical US community. About 29.5% of adults in Kansas City have at least a bachelor's degree. The average American community has only 21.4%.

Cash Flow in Kansas City, Mo: We love Kansas City. We've been there for many years.

Also the per capita income in Kansas City back in 2010 was over $25,000 per person, which is actually wealthy relative to Missouri. It's considered upper middle income relative to the rest of the United States. What this means is it equates to an annual income of about $103,000 for a family of four. Kansas City contains every type of person. Its demographic ranges from the very wealth to poor people as well. It's not much different than any other metropolitan area.

We love Kansas City. We've been there for many years. We've had properties there from as little as $45,000 in B- neighborhoods all the way up to, like I said, $150,000 properties. Cap rates are very high so they're attractive to investors. Population is growing, median home price has been going up year over year for a number of year...