Kansas Real Estate Models
Check out how Kansas does for these scenarios.
5% Lower Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 5% lower rents.
Net Worth at 40 Years
- Lawrence = $7.10M
- Olathe = $3.94M
- Overland Park = $3.23M
- Topeka = $6.48M
- Wichita = $4.52M
Month First Achieved Financial Independence
- Lawrence = 44.17 Years (530 Months)
- Olathe = 66.25 Years (795 Months)
- Overland Park = 77.83 Years (934 Months)
- Topeka = 38.50 Years (462 Months)
- Wichita = 49.42 Years (593 Months)
5% Higher Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 5% higher rents.
Net Worth at 40 Years
- Lawrence = $9.78M
- Olathe = $5.16M
- Overland Park = $4.21M
- Topeka = $8.06M
- Wichita = $6.09M
Month First Achieved Financial Independence
- Lawrence = 35.33 Years (424 Months)
- Olathe = 57.33 Years (688 Months)
- Overland Park = 66.83 Years (802 Months)
- Topeka = 32.25 Years (387 Months)
- Wichita = 41.42 Years (497 Months)
10% Property Price Premium While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 10% premium.
Net Worth at 40 Years
- Lawrence = $6.02M
- Olathe = $3.60M
- Overland Park = $2.95M
- Topeka = $5.83M
- Wichita = $4.16M
Month First Achieved Financial Independence
- Lawrence = 45.42 Years (545 Months)
- Olathe = 64.17 Years (770 Months)
- Overland Park = 75.17 Years (902 Months)
- Topeka = 40.42 Years (485 Months)
- Wichita = 47.25 Years (567 Months)
.5 Worse Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 worse/higher mortgage interest rate.
Net Worth at 40 Years
- Lawrence = $6.02M
- Olathe = $3.60M
- Overland Park = $2.95M
- Topeka = $5.83M
- Wichita = $4.16M
Month First Achieved Financial Independence
- Lawrence = 45.42 Years (545 Months)
- Olathe = 64.17 Years (770 Months)
- Overland Park = 75.17 Years (902 Months)
- Topeka = 40.42 Years (485 Months)
- Wichita = 47.25 Years (567 Months)
Nomad to Short-Term Rentals with 75% Higher Rents
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 75% higher rents but with doubled maintenance expenses as well.
Net Worth at 40 Years
- Lawrence = $30.78M
- Olathe = $22.92M
- Overland Park = $20.37M
- Topeka = $19.13M
- Wichita = $16.28M
Month First Achieved Financial Independence
- Lawrence = 11.17 Years (134 Months)
- Olathe = 21.25 Years (255 Months)
- Overland Park = 27.75 Years (333 Months)
- Topeka = 10.25 Years (123 Months)
- Wichita = 14.25 Years (171 Months)
10% Property Price Discount While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 10% discount.
Net Worth at 40 Years
- Lawrence = $12.02M
- Olathe = $6.10M
- Overland Park = $4.93M
- Topeka = $9.11M
- Wichita = $7.05M
Month First Achieved Financial Independence
- Lawrence = 32.92 Years (395 Months)
- Olathe = 57.75 Years (693 Months)
- Overland Park = 67.25 Years (807 Months)
- Topeka = 30.25 Years (363 Months)
- Wichita = 39.25 Years (471 Months)
Nomad to Short-Term Rentals with 50% Higher Rents
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 50% higher rents but with doubled maintenance expenses as well.
Net Worth at 40 Years
- Lawrence = $22.51M
- Olathe = $15.98M
- Overland Park = $12.43M
- Topeka = $14.54M
- Wichita = $12.29M
Month First Achieved Financial Independence
- Lawrence = 15.25 Years (183 Months)
- Olathe = 33.25 Years (399 Months)
- Overland Park = 40.33 Years (484 Months)
- Topeka = 15.25 Years (183 Months)
- Wichita = 22.00 Years (264 Months)
5% Property Price Premium While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 5% premium.
Net Worth at 40 Years
- Lawrence = $7.18M
- Olathe = $4.03M
- Overland Park = $3.23M
- Topeka = $6.35M
- Wichita = $4.55M
Month First Achieved Financial Independence
- Lawrence = 43.00 Years (516 Months)
- Olathe = 63.25 Years (759 Months)
- Overland Park = 75.92 Years (911 Months)
- Topeka = 37.92 Years (455 Months)
- Wichita = 47.08 Years (565 Months)
10% Less Job Income While Nomading™
Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% less income than in the Baseline Nomad™ Scenario.
Net Worth at 40 Years
- Lawrence = $4.82M
- Olathe = $1.73M
- Overland Park = $1.20M
- Topeka = $5.67M
- Wichita = $3.36M
Month First Achieved Financial Independence
- Lawrence = 47.17 Years (566 Months)
- Olathe = 83.00 Years (996 Months)
- Overland Park = 81.50 Years (978 Months)
- Topeka = 40.25 Years (483 Months)
- Wichita = 54.25 Years (651 Months)
Nomad to Short-Term Rentals with 25% Higher Rents
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 25% higher rents but with doubled maintenance expenses as well.
Net Worth at 40 Years
- Lawrence = $15.04M
- Olathe = $7.45M
- Overland Park = $5.77M
- Topeka = $10.66M
- Wichita = $8.04M
Month First Achieved Financial Independence
- Lawrence = 27.17 Years (326 Months)
- Olathe = 51.25 Years (615 Months)
- Overland Park = 62.25 Years (747 Months)
- Topeka = 25.25 Years (303 Months)
- Wichita = 34.25 Years (411 Months)
.25 Better Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 better/lower mortgage interest rate.
Net Worth at 40 Years
- Lawrence = $9.32M
- Olathe = $4.72M
- Overland Park = $3.87M
- Topeka = $7.44M
- Wichita = $5.58M
Month First Achieved Financial Independence
- Lawrence = 38.33 Years (460 Months)
- Olathe = 61.50 Years (738 Months)
- Overland Park = 71.17 Years (854 Months)
- Topeka = 34.25 Years (411 Months)
- Wichita = 44.25 Years (531 Months)
10% Higher Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 10% higher rents.
Net Worth at 40 Years
- Lawrence = $11.44M
- Olathe = $5.91M
- Overland Park = $4.71M
- Topeka = $9.23M
- Wichita = $6.77M
Month First Achieved Financial Independence
- Lawrence = 33.00 Years (396 Months)
- Olathe = 54.25 Years (651 Months)
- Overland Park = 64.25 Years (771 Months)
- Topeka = 28.25 Years (339 Months)
- Wichita = 37.17 Years (446 Months)
Nomad™ and Sell ALL Rentals if SWR Achieves FI
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell all the rental properties if by doing so you can invest the proceeds and achieve financial independence utilizing a Safe Withdrawal Rate of the money you have invested.
Net Worth at 40 Years
- Lawrence = $7.10M
- Olathe = $4.50M
- Overland Park = $3.70M
- Topeka = $5.55M
- Wichita = $5.17M
Month First Achieved Financial Independence
- Lawrence = 38.42 Years (461 Months)
- Olathe = 58.25 Years (699 Months)
- Overland Park = 67.25 Years (807 Months)
- Topeka = 34.33 Years (412 Months)
- Wichita = 41.83 Years (502 Months)
25% Down Payment Non-Owner-Occupant
Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 25% down payments.
Net Worth at 40 Years
- Lawrence = $9.39M
- Olathe = $4.68M
- Overland Park = $3.83M
- Topeka = $7.20M
- Wichita = $5.88M
Month First Achieved Financial Independence
- Lawrence = 36.25 Years (435 Months)
- Olathe = 62.67 Years (752 Months)
- Overland Park = 76.08 Years (913 Months)
- Topeka = 32.25 Years (387 Months)
- Wichita = 41.25 Years (495 Months)
10% More Job Income While Nomading™
Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% more income than in the Baseline Nomad™ Scenario.
Net Worth at 40 Years
- Lawrence = $11.51M
- Olathe = $7.06M
- Overland Park = $6.22M
- Topeka = $8.61M
- Wichita = $7.00M
Month First Achieved Financial Independence
- Lawrence = 36.17 Years (434 Months)
- Olathe = 54.25 Years (651 Months)
- Overland Park = 62.25 Years (747 Months)
- Topeka = 33.50 Years (402 Months)
- Wichita = 42.17 Years (506 Months)
Nomad™ Start with $0
Do the traditional Nomad™ strategy except you start with $0 saved up.
Net Worth at 40 Years
- Lawrence = $8.00M
- Olathe = $4.10M
- Overland Park = $3.37M
- Topeka = $6.95M
- Wichita = $5.08M
Month First Achieved Financial Independence
- Lawrence = 41.25 Years (495 Months)
- Olathe = 64.75 Years (777 Months)
- Overland Park = 74.25 Years (891 Months)
- Topeka = 36.08 Years (433 Months)
- Wichita = 45.25 Years (543 Months)
10% Property Manager While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except hire a professional property manager costing 10% of gross rents.
Net Worth at 40 Years
- Lawrence = $6.69M
- Olathe = $4.00M
- Overland Park = $3.31M
- Topeka = $5.91M
- Wichita = $4.29M
Month First Achieved Financial Independence
- Lawrence = 45.67 Years (548 Months)
- Olathe = 68.75 Years (825 Months)
- Overland Park = 82.83 Years (994 Months)
- Topeka = 42.25 Years (507 Months)
- Wichita = 51.25 Years (615 Months)
Baseline Nomad™ Scenario
Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy.
Net Worth at 40 Years
- Lawrence = $8.67M
- Olathe = $4.50M
- Overland Park = $3.70M
- Topeka = $7.12M
- Wichita = $5.17M
Month First Achieved Financial Independence
- Lawrence = 39.33 Years (472 Months)
- Olathe = 62.83 Years (754 Months)
- Overland Park = 72.25 Years (867 Months)
- Topeka = 35.17 Years (422 Months)
- Wichita = 45.25 Years (543 Months)
Buy Non-Owner-Occupant All Cash As Renter
Save up and buy up to 10 non-owner-occupant properties all cash (without any mortgage) while you remain a renter the entire time.
Net Worth at 40 Years
- Lawrence = $5.32M
- Olathe = $4.09M
- Overland Park = $3.87M
- Topeka = $4.46M
- Wichita = $4.51M
Month First Achieved Financial Independence
- Lawrence = 40.25 Years (483 Months)
- Olathe = 60.08 Years (721 Months)
- Overland Park = 71.25 Years (855 Months)
- Topeka = 34.50 Years (414 Months)
- Wichita = 40.50 Years (486 Months)
3% Property Price Discount While Nomading™ as Real Estate Agent
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you take your 3% commission as a discount off the purchase price.
Net Worth at 40 Years
- Lawrence = $9.48M
- Olathe = $4.87M
- Overland Park = $4.03M
- Topeka = $7.64M
- Wichita = $5.73M
Month First Achieved Financial Independence
- Lawrence = 38.25 Years (459 Months)
- Olathe = 61.25 Years (735 Months)
- Overland Park = 70.25 Years (843 Months)
- Topeka = 33.00 Years (396 Months)
- Wichita = 44.17 Years (530 Months)
Nomad™ and Payoff OO if Achieves FI
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except payoff your owner-occupant property if by doing so that means you achieve financial independence.
Net Worth at 40 Years
- Lawrence = $8.60M
- Olathe = $4.50M
- Overland Park = $3.70M
- Topeka = $7.12M
- Wichita = $5.17M
Month First Achieved Financial Independence
- Lawrence = 39.00 Years (468 Months)
- Olathe = 60.92 Years (731 Months)
- Overland Park = 69.75 Years (837 Months)
- Topeka = 35.17 Years (422 Months)
- Wichita = 41.08 Years (493 Months)
Buy Non-Owner-Occupant All Cash
Buy 1 owner-occupant property with 5% down then save up and buy up to 9 non-owner-occupant properties all cash (without any mortgage).
Net Worth at 40 Years
- Lawrence = $5.78M
- Olathe = $4.61M
- Overland Park = $3.98M
- Topeka = $5.16M
- Wichita = $4.56M
Month First Achieved Financial Independence
- Lawrence = 34.25 Years (411 Months)
- Olathe = 53.25 Years (639 Months)
- Overland Park = 64.42 Years (773 Months)
- Topeka = 32.00 Years (384 Months)
- Wichita = 36.83 Years (442 Months)
Nomad™ and Sell SOME Rentals to Payoff Others if FI
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell some rental properties if by doing so you can payoff the others and achieve financial independence primarily from free and clear cash flow.
Net Worth at 40 Years
- Lawrence = $7.19M
- Olathe = $4.45M
- Overland Park = $3.60M
- Topeka = $5.56M
- Wichita = $5.00M
Month First Achieved Financial Independence
- Lawrence = 33.25 Years (399 Months)
- Olathe = 59.25 Years (711 Months)
- Overland Park = 74.25 Years (891 Months)
- Topeka = 28.33 Years (340 Months)
- Wichita = 38.25 Years (459 Months)
3% Commission While Nomading™ as Real Estate Agent
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you earn a 3% commission with each property you purchase.
Net Worth at 40 Years
- Lawrence = $9.07M
- Olathe = $4.82M
- Overland Park = $3.99M
- Topeka = $7.33M
- Wichita = $5.63M
Month First Achieved Financial Independence
- Lawrence = 38.92 Years (467 Months)
- Olathe = 61.00 Years (732 Months)
- Overland Park = 69.92 Years (839 Months)
- Topeka = 34.25 Years (411 Months)
- Wichita = 43.25 Years (519 Months)
20% Down Payment Non-Owner-Occupant
Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 20% down payments.
Net Worth at 40 Years
- Lawrence = $9.27M
- Olathe = $4.55M
- Overland Park = $3.72M
- Topeka = $7.25M
- Wichita = $5.50M
Month First Achieved Financial Independence
- Lawrence = 37.25 Years (447 Months)
- Olathe = 64.58 Years (775 Months)
- Overland Park = 77.17 Years (926 Months)
- Topeka = 33.58 Years (403 Months)
- Wichita = 43.08 Years (517 Months)
.25 Worse Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 worse/higher mortgage interest rate.
Net Worth at 40 Years
- Lawrence = $7.87M
- Olathe = $4.29M
- Overland Park = $3.54M
- Topeka = $6.88M
- Wichita = $4.93M
Month First Achieved Financial Independence
- Lawrence = 41.25 Years (495 Months)
- Olathe = 62.25 Years (747 Months)
- Overland Park = 73.25 Years (879 Months)
- Topeka = 36.08 Years (433 Months)
- Wichita = 46.25 Years (555 Months)
.5 Better Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 better/lower mortgage interest rate.
Net Worth at 40 Years
- Lawrence = $9.84M
- Olathe = $5.02M
- Overland Park = $4.02M
- Topeka = $7.86M
- Wichita = $5.98M
Month First Achieved Financial Independence
- Lawrence = 36.83 Years (442 Months)
- Olathe = 61.25 Years (735 Months)
- Overland Park = 70.33 Years (844 Months)
- Topeka = 33.00 Years (396 Months)
- Wichita = 42.58 Years (511 Months)
No Real Estate, Invest in Stocks
Save up and invest in stocks while you remain a renter the entire time. Do not buy any real estate... owner-occupant or investment.
Net Worth at 40 Years
- Lawrence = $3.94M
- Olathe = $4.02M
- Overland Park = $4.07M
- Topeka = $3.82M
- Wichita = $3.84M
Month First Achieved Financial Independence
- Lawrence = 52.17 Years (626 Months)
- Olathe = 57.58 Years (691 Months)
- Overland Park = 59.83 Years (718 Months)
- Topeka = 45.33 Years (544 Months)
- Wichita = 45.25 Years (543 Months)
5% Property Price Discount While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 5% discount.
Net Worth at 40 Years
- Lawrence = $9.94M
- Olathe = $5.18M
- Overland Park = $4.19M
- Topeka = $8.09M
- Wichita = $6.16M
Month First Achieved Financial Independence
- Lawrence = 36.50 Years (438 Months)
- Olathe = 60.75 Years (729 Months)
- Overland Park = 69.83 Years (838 Months)
- Topeka = 32.92 Years (395 Months)
- Wichita = 42.25 Years (507 Months)
10% Lower Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 10% lower rents.
Net Worth at 40 Years
- Lawrence = $6.02M
- Olathe = $3.46M
- Overland Park = $2.79M
- Topeka = $5.56M
- Wichita = $3.99M
Month First Achieved Financial Independence
- Lawrence = 47.25 Years (567 Months)
- Olathe = 72.17 Years (866 Months)
- Overland Park = 85.17 Years (1022 Months)
- Topeka = 43.25 Years (519 Months)
- Wichita = 52.25 Years (627 Months)
Pay off mortgages early when Nomading™ with any excess cash.
Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early with any excess cash.
Net Worth at 40 Years
- Lawrence = $5.70M
- Olathe = $4.51M
- Overland Park = $4.02M
- Topeka = $4.62M
- Wichita = $4.46M
Month First Achieved Financial Independence
- Lawrence = 41.33 Years (496 Months)
- Olathe = 51.75 Years (621 Months)
- Overland Park = 56.75 Years (681 Months)
- Topeka = 38.17 Years (458 Months)
- Wichita = 39.92 Years (479 Months)
25% Down Payment Non-Owner-Occupant as Renter
Buy up to 10 non-owner-occupant properties with 25% down payments, but never buy an owner-occupant property. Remain a renter instead.
Net Worth at 40 Years
- Lawrence = $8.75M
- Olathe = $4.24M
- Overland Park = $3.48M
- Topeka = $6.95M
- Wichita = $5.31M
Month First Achieved Financial Independence
- Lawrence = 39.50 Years (474 Months)
- Olathe = 67.75 Years (813 Months)
- Overland Park = 82.25 Years (987 Months)
- Topeka = 35.00 Years (420 Months)
- Wichita = 45.17 Years (542 Months)
Pay off mortgages in full early when Nomading™.
Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early but only when you can pay off the entire balance in full.
Net Worth at 40 Years
- Lawrence = $8.18M
- Olathe = $4.47M
- Overland Park = $3.62M
- Topeka = $6.18M
- Wichita = $5.20M
Month First Achieved Financial Independence
- Lawrence = 33.83 Years (406 Months)
- Olathe = 59.67 Years (716 Months)
- Overland Park = 73.42 Years (881 Months)
- Topeka = 28.83 Years (346 Months)
- Wichita = 38.83 Years (466 Months)
20% Down Payment Non-Owner-Occupant as Renter
Buy up to 10 non-owner-occupant properties with 20% down payments, but never buy an owner-occupant property. Remain a renter instead.
Net Worth at 40 Years
- Lawrence = $7.82M
- Olathe = $4.04M
- Overland Park = $3.33M
- Topeka = $6.77M
- Wichita = $4.90M
Month First Achieved Financial Independence
- Lawrence = 42.25 Years (507 Months)
- Olathe = 67.25 Years (807 Months)
- Overland Park = 81.25 Years (975 Months)
- Topeka = 36.33 Years (436 Months)
- Wichita = 46.67 Years (560 Months)
More Model Comparisons for Kansas
The following are the various scenarios we ran summarized with Kansas cities highlighted.
- Is it better to put 20% down or 25% down when buying rentals? - First, we buy an owner-occupant property with 5% down then we start buying rental properties. Should we put 20% down for buying the rentals or 25% down. See how putting 20% down or 25% down does as we model it across the US in over 300 cities.
- Is it better to put 20% down or 25% down when buying rentals when you don't buy an owner-occupant property first? - We start buying rental properties immediately... even before we buy an owner-occupant property. Should we put 20% down for buying the rentals or 25% down. See how putting 20% down or 25% down does as we model it across the US in over 300 cities.
- Is it better to put 20% down and buy rental properties or Nomad™ with 5% down to acquire 10 rentals? - Will you be able to be financially independent faster and with less risk if you buy just an owner-occupant property with 5% down then buy up to 9 more rentals by saving up 20% down payment for each one, or is it better to acquire 10 properties by putting 5% down for each one using the Nomad™ strategy.
- When Nomading™ should you consider selling ALL your rentals if it means you'd be able to invest in stocks, bonds or something else and live off these investments using a Safe Withdrawal Rate instead of the cash flow from rentals? - You could acquire a portfolio of rentals utilizing the Nomad™ real estate investing strategy and wait for the cash flow to be great enough for you to be able to achieve financial independence from the cash flow. But, what about the equity in your properties? Would it be better for you to sell off all the rentals and take the net proceeds after all the expenses and invest that in something else. Then, live off these other investments using a Safe Withdrawal Rate?
- Is it better to put 25% down and buy rental properties or Nomad™ with 5% down to acquire 10 rentals? - Will you be able to be financially independent faster and with less risk if you buy just an owner-occupant property with 5% down then buy up to 9 more rentals by saving up 25% down payment for each one, or is it better to acquire 10 properties by putting 5% down for each one using the Nomad™ strategy. 25% down has a slighter better interest rate than 20% down.
- Is it better to buy 20% down rentals or invest in stocks? - See how buying 20% down rentals does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
- Is it better to buy 25% down rentals or invest in stocks? - See how buying 25% down rentals does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
- Is it better to use the Nomad™ strategy to acquire rental properties or invest in stocks? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
- Is it better to use the Nomad™ strategy to acquire rental properties or buy a single owner-occupant with 5% down then buy up to 9 rentals all cash? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying just one owner-occupant with 5% down then buying up to 9 rentals all cash as we model it across the US in over 300 cities.
- Is it better to use the Nomad™ strategy to acquire rental properties or buy up to 10 rentals all cash? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying up to 10 rentals all cash as we model it across the US in over 300 cities.
- Is it better to buy rentals with 20% down or all cash after buying a single owner-occupant property with 5% down first? - See how buying rental properties with 20% down compares to buying rentals for all cash after, in both cases, buying a single owner-occupant property with 5% down first as we model it across the US in over 300 cities.
- Is it better to buy rentals with 25% down or all cash after buying a single owner-occupant property with 5% down first? - See how buying rental properties with 25% down compares to buying rentals for all cash after, in both cases, buying a single owner-occupant property with 5% down first as we model it across the US in over 300 cities.
- Is it better to pay off rentals when Nomading™ early with extra cash flow or only pay them off in full? - When you're Nomading™, should you pay off mortgages early? Specifically, is it better to take any excess cash and pay off rentals early with any excess cash you have or wait until you've saved up enough where you pay off the mortgage in full and keep the excess money in the stock market while you're waiting. See which is better as we model it across the US in over 300 cities.
- Is it better to pay off rentals early with extra cash flow or traditional Nomad™? - Is it better to pay off mortgages early? Should you do traditional Nomad™ or pay off your Nomad™ properties early with extra flow? See which is better as we model it across the US in over 300 cities.
- Is it better to pay off rentals in full early or traditional Nomad™? - Is it better to pay off mortgages early? Should you do traditional Nomad™ or pay off your Nomad™ properties in full early? You keep your money invested in the stock market until you have enough to pay off the lowest balance mortgage. See which is better as we model it across the US in over 300 cities.
- Is it better to pay off your owner-occupant mortgage when Nomading™? - Is it better to pay off your owner-occupant mortgage when Nomading™ if that means you're financially independent? Or, should you just do traditional Nomad™ without paying off your owner-occupant property early? See which is better as we model it across the US in over 300 cities.
- Is it better to buy an owner-occupant property for 5% down when otherwise buying 20% down payment rentals or keep renting instead? - When you're buying 20% down payment rentals, should you first buy an owner-occupant property for 5% down? Or, should you remain a renter yourself? See which is better as we model it across the US in over 300 cities.
- Is it better to buy an owner-occupant property for 5% down when otherwise buying 25% down payment rentals or keep renting instead? - When you're buying 25% down payment rentals, should you first buy an owner-occupant property for 5% down? Or, should you remain a renter yourself? See which is better as we model it across the US in over 300 cities.
- Is it better to buy a single owner-occupant with 5% down then buy up to 9 rentals all cash or with 20% down payments? - First, buy an owner-occupant property with 5% down and PMI. Then, let's see if it is better to put 20% down to acquire up to 9 more rentals or to save up to buy all properties all cash without any loan. Explore this comparison as we model it across the US in over 300 cities.
- Is it better to buy a single owner-occupant with 5% down then buy up to 9 rentals all cash or with 25% down payments? - First, buy an owner-occupant property with 5% down and PMI. Then, let's see if it is better to put 25% down to acquire up to 9 more rentals or to save up to buy all properties all cash without any loan. Explore this comparison as we model it across the US in over 300 cities.
- Is it better for Nomads™ to get a 5% discount when buying or get 5% better rents? - As a Nomad™, is it better to focus on finding a property you can buy at a 5% discount? Or, is it better to focus on finding a property where you can get 5% better rents? Explore this comparison as we model it across the US in over 300 cities.
- Is it better for Nomads™ to get a 10% discount when buying or get 10% better rents? - As a Nomad™, is it better to focus on finding a property you can buy at a 10% discount? Or, is it better to focus on finding a property where you can get 10% better rents? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ how much better is it to be able to buy at a 5% discount? - As a Nomad™, how much better is it to focus on finding a property you can buy at a 5% discount? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ how much better is it to be able to buy at a 10% discount? - As a Nomad™, how much better is it to focus on finding a property you can buy at a 10% discount? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ how much better is it to be able to buy a property that gets 5% better rents? - As a Nomad™, how much better is it to focus on finding a property you can buy with 5% better rent? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ how much better is it to be able to buy a property that gets 10% better rents? - As a Nomad™, how much better is it to focus on finding a property you can buy with 10% better rent? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ is it better to buy at a 5% discount or get .25% lower mortgage interest rate? - As a Nomad™, should you focus on buying properties for a 5% discount? Or, is it better to focus on being able to negotiate getting a .25% lower mortgage interest rate? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ is it better to buy at a 10% discount or get .5% lower mortgage interest rate? - As a Nomad™, should you focus on buying properties for a 10% discount? Or, is it better to focus on being able to negotiate getting a .5% lower mortgage interest rate? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ what difference would it make to earn 10% less income? - As a Nomad™ what is the impact of earning 10% less income? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ what difference would it make to earn 10% more income? - As a Nomad™ what is the impact of earning 10% more income? Explore this comparison as we model it across the US in over 300 cities.
Specific Strategy Summaries for Kansas Cities
The following are the various scenarios we ran summarized with Kansas cities highlighted.
Check out how these reports summarizing how a particular strategy performed across all states:
- 5% Lower Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 5% lower rents.
- 5% Higher Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 5% higher rents.
- 10% Property Price Premium While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 10% premium.
- .5 Worse Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 worse/higher mortgage interest rate.
- Nomad to Short-Term Rentals with 75% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 75% higher rents but with doubled maintenance expenses as well.
- 10% Property Price Discount While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 10% discount.
- Nomad to Short-Term Rentals with 50% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 50% higher rents but with doubled maintenance expenses as well.
- 5% Property Price Premium While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 5% premium.
- 10% Less Job Income While Nomading™ - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% less income than in the Baseline Nomad™ Scenario.
- Nomad to Short-Term Rentals with 25% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 25% higher rents but with doubled maintenance expenses as well.
- .25 Better Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 better/lower mortgage interest rate.
- 10% Higher Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 10% higher rents.
- Nomad™ and Sell ALL Rentals if SWR Achieves FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell all the rental properties if by doing so you can invest the proceeds and achieve financial independence utilizing a Safe Withdrawal Rate of the money you have invested.
- 25% Down Payment Non-Owner-Occupant - Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 25% down payments.
- 10% More Job Income While Nomading™ - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% more income than in the Baseline Nomad™ Scenario.
- Nomad™ Start with $0 - Do the traditional Nomad™ strategy except you start with $0 saved up.
- 10% Property Manager While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except hire a professional property manager costing 10% of gross rents.
- Baseline Nomad™ Scenario - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy.
- Buy Non-Owner-Occupant All Cash As Renter - Save up and buy up to 10 non-owner-occupant properties all cash (without any mortgage) while you remain a renter the entire time.
- 3% Property Price Discount While Nomading™ as Real Estate Agent - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you take your 3% commission as a discount off the purchase price.
- Nomad™ and Payoff OO if Achieves FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except payoff your owner-occupant property if by doing so that means you achieve financial independence.
- Buy Non-Owner-Occupant All Cash - Buy 1 owner-occupant property with 5% down then save up and buy up to 9 non-owner-occupant properties all cash (without any mortgage).
- Nomad™ and Sell SOME Rentals to Payoff Others if FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell some rental properties if by doing so you can payoff the others and achieve financial independence primarily from free and clear cash flow.
- 3% Commission While Nomading™ as Real Estate Agent - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you earn a 3% commission with each property you purchase.
- 20% Down Payment Non-Owner-Occupant - Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 20% down payments.
- .25 Worse Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 worse/higher mortgage interest rate.
- .5 Better Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 better/lower mortgage interest rate.
- No Real Estate, Invest in Stocks - Save up and invest in stocks while you remain a renter the entire time. Do not buy any real estate... owner-occupant or investment.
- 5% Property Price Discount While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 5% discount.
- 10% Lower Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 10% lower rents.
- Pay off mortgages early when Nomading™ with any excess cash. - Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early with any excess cash.
- 25% Down Payment Non-Owner-Occupant as Renter - Buy up to 10 non-owner-occupant properties with 25% down payments, but never buy an owner-occupant property. Remain a renter instead.
- Pay off mortgages in full early when Nomading™. - Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early but only when you can pay off the entire balance in full.
- 20% Down Payment Non-Owner-Occupant as Renter - Buy up to 10 non-owner-occupant properties with 20% down payments, but never buy an owner-occupant property. Remain a renter instead.
Detailed Kansas City-Specific Modeling
Check out the detailed modeling for these Kansas cities.
LawrenceOlathe
Overland Park
Topeka
Wichita