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All Forum Posts by: Alex Olson

Alex Olson has started 14 posts and replied 2019 times.

Post: Do you prioritize equity growth or cash flow in your investments?

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

KC has some appreciation depending on the sub market and real estate cycle but is definitely a cash flow play market. There are certain areas of KC that play more towards appreciation and there are off market deals that generate good cash flow and appreciation. 

Post: Landlord getting into section 8 rentals. Any Tips?

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

Know the rules, know the tenants, know how to get paid and know the repercussions. Section 8 is hear to stay.

Post: What weather issues to pay attention in Kansas City?

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

Tornado, wind, hail, flooding if in a low spot, general weather related. Class midwest issues. 

Post: Reverse 1031 Exchange - Who has done one?

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

If you have never completed a regular 1031 exchange I can not recommend a reverse 1031 exchange. Risky for your client and they rarely work out. Your QI will own the property you are buying and you have to have bought the property before you sell the downleg. @Dave Foster is the man when it comes to this stuff. 

Post: Socal Multifamily Flip

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

@Mickey Petersen I would 1031 exchange into a larger better cash flowing property or whatever gives you a leg up on your wealth building. Fastest way to scale. 

Post: out of state investor looking for contractors for our rehab team

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

There is no dominate industry which leaves KC pretty dang recession resistant. It has two state governments that in general have to play nice to each other if they want to get elected and reelected. Good rent growth, good schools, affordable and a growing economy with plenty of economic centers around the metro. This is what KC is why KC is a great market to invest in. 

Post: What markets are appreciating?

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

@Joy McQueary of course I am partial to the KC metro. In particular Overland Park, Olathe, Lee's Summit, Blue Springs and North Kansas City. I am happy to share some info on these sub markets if you like. 

Post: Cold Winter, Hot Real Estate Deals: 6 Secrets of Smart Buyers

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

Kansas City is a great market so you have a great guest here. Looks like a good one. 

Post: New out of state investor in Kansas City

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

@Kevin Crowell I can help with duplexes on up to about 75 units or so. I'm a multifamily expert here in KC and happy to help with good investing locations and off market deal analysis. 

Post: How to retire early with real estate & other community questions

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

KC is an amazing market. I can show you the areas to invest and where to start away from. Just DM me.