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Chris Lengquist, RIPS Olathe, KS More about me… Keller Williams Realty Office Phone: (913) 322-7515 Cell Phone: (913) 568-1579 Email Me
Detailing the ins and outs of residential investment property ownership. Negotiating your best terms. Working with tenants. Knowing before you buy whether or not a property should be profitable.
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I've located a good quality real estate investment property in Belton, Missouri. It's not my listing so I will not give you all the details here. But I will say that this income fourplex has a brick front and smaller, one bedroom units. They appear to be clean and updated. Asking price around $145,000 to $160,000 and rents around $1,600/mo. 
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Chris, When I started in Real Estate in the mid seventys, we had 4-plexes priced like this also selling for 100 times gross. Did I just step into a time warp?
Bill Roberts