Lafayette County, Missouri is home to many innovative real estate investing opportunities. From the city of Lexington to the small town of Higginsville, there are a variety of properties available for investors to purchase.
In Lexington, one of the most popular investment opportunities is flipping houses. There are a number of older homes in the city that can be purchased for relatively low prices and then renovated and sold for a profit. This type of investment requires a significant amount of time and effort, but it can be very profitable.
Another option for investors in Lexington is to purchase rental properties. There is a high demand for rental units in the city, so investors who purchase properties and then lease them out can generate a good return on their investment. This option does require some management and maintenance on the part of the investor, but it can be a very passive form of real estate investing.
In Higginsville, there are also a number of interesting real estate investing opportunities. One option is to purchase foreclosed homes from the government at auction. These homes can often be purchased for very low prices, and then either flipped or rented out for profit. Another option in Higginsville is to invest in commercial real estate. There are a number of businesses in town that are looking for space to lease, so investors who own commercial property can generate good returns by leasing out their space.
Price Index: Kansas City, MO-KS