In this episode, one of the show's trusted local property partners, Makaylee, talks about the real estate scene in Kansas City, Missouri. Learn why the city is considered as one of the perennial cities for real estate with great cash flow and strong appreciation rates. Makaylee shares why people should invest in the city's real estate as she talks about its stable economy over the years and what could be expected from it in the future. Lastly, Makaylee dives into the rental market in the city and the benefits of having a great economy.

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Market Spotlight: Kansas City, Missouri
The Midwest is one of the most affordable places to live in the country and Kansas City is at the heart of this region. Kansas City is a large, prosperous, self-sufficient and culture-rich city located along the Missouri River. Cashflow has been very good for the longest time in Kansas City and appreciation rates have been strong. Kansas City has been one of those perennial markets that we've been in for several years. With me is Mackaylee, one of our trusted local property partners. Mackaylee, welcome to the show.

Thank you for having me.

It's great having you on. I love Kansas City. I have five rentals in there myself. I love to invest in the markets that I love and Kansas City happens to be one of those things. Let's talk about Kansas City. I know that you are ingrained to that market and you provide us some great inventory. Let's begin with the question of why do you like Kansas City? Tell us about the market.

For a variety of reasons, but I myself have been in the real estate industry for the past few years in Kansas City. I've gotten to watch the market appreciate a lot with the rental demand and also with the home prices as well. A lot of investors who I've been working with years ago experienced a lot of equity in their houses. While that's not always expected with real estate investing, it's definitely an added benefit. That's been a lot of fun. The market has been growing. There’s a growing population, new jobs, our unemployment rate is well below 4%, which is lower than the average in the US. At the same time, rental demand is still there. You may personally live here. The Midwest is very affordable. Everybody would agree with that. It's very easy to get around. Overall, there are a lot of things to do out here as well. That's a few reasons why.

Kansas City is a beautiful city. I get up there once or twice a year. I'm amazed at how many fountains there are all over the place. What is the story with all the fountains?

There are a lot of fountains everywhere. There are most fountains in Kansas City than in any other city. You'll see them whether you're coming down from the airport or if you're on Country Club Plaza or different parts of the area. They'll do cool things. We have the Chiefs and the Royals here. During St. Patrick's Day, they'll change the color of the fountains so there will be green, red or blue. It’s definitely a cool attraction.

Kansas City is a pretty large city. I don't remember what the population is. I recall it being over about two million people, but you can correct me on that. How big is the city population-wise and maybe geograph...