Greg Ross Keller Williams | One Legacy Partners, LLC
States: Kansas
Counties: Shawnee, Douglas, Pottawatomie, Lyon, Jackson, Geary, Riley
Cities and Towns: Lawrence, Topeka, Manhattan, Junction City, and Emporia
Licensed Since: 2016 | KS License # SP00238195
About Greg Ross
Greg offers concierge-level real estate service to buyers and sellers whether you're a first-time buyer or an experienced investor. He collaborates with several local lenders and inspectors to facilitate seamless transactions. Greg helps people realize their dreams of homeownership; he makes dreams come true! As an active investor, Greg understands the nuances of cash flow, cap rate, and identifying a solid deal. He provides boots on the ground service to all of his clients. Prior to becoming a Realtor, he served 22 years in the United States Air Force as an active duty logistics officer and retired in 2012.
To learn more about Greg, listen to his interview on The Rental Income Podcast:
How A Partner Helped Him Fund A Rental Purchase With Greg Ross (Ep 403)
Market Overview
Lawrence, Topeka, and Manhattan are the three most popular college towns for my investment portfolio and my personal invite-list investors in Kansas and are home to Kansas University (KU), Washburn University, and Kansas State University (KSU), respectively. Additionally, Topeka offers a stable, blue-collar workforce with a strong desire to rent. Long-term rental properties are in high demand in Topeka making vacancy rates low and rent rates high.
Investment Price Points
The sweet spot for cash flowing rental properties in this area is $60-180K for SFR and $60-130K per unit for MFR. Topeka and Manhattan are on the lower end while Lawrence tends to be on the higher end.
Free Report: Demographic and Housing Data on the Topeka Market
Would you like free demographic and housing data on the Topeka Market? The report includes information on schools, income, employment, crime, average sale prices, fair market rents and more. You can get reports on the whole market or zero in on a specific zip code.
This report has all the info you need to help you decide if the Topeka Market is right for you! Click here to get your free report.