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All Forum Posts by: Alex Olson

Alex Olson has started 14 posts and replied 2019 times.

Post: KC metro areas to invest

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

@Krishna Guthikonda I can send you a break down of each sub market and what class rating they are and some sites that show data of these markets. I will also DM. 

Post: market assessment of Kansas city and surrounding areas

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

@Kim Tucker Sounds like a great event!

Post: Opinions on Investing in KC MO - Eastwood Hills East & Coachlight Square

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

@Sam Sarno Are you looking at multifamily or single family home? In general, this is C or C- area. What you see on zillow is normal for this time of year for any part of KC. 

Post: Safe and stable investment: Do I buy rental properties or keep money in a HYSA?

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

@Rafael Ro For out of state investors I recommend class A or B areas for first time investment. Still good cash flow. 

Post: Safe and stable investment: Do I buy rental properties or keep money in a HYSA?

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

In a market like Kansas City you can get $150 per month cash flow on average with the right multifamily property and right location. Just need a good broker to help find you off market deals and know the area. 

Post: New Investor Seeking Opportunities in Kansas City

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

@Lucas Helliker I am a multifamily broker who only sells multifamily in the KC metro - typically 5-50 units but go as low as 2 and up to about 72 units. Happy to connect!

Post: Full time working mom of 3 in my 40's with 8K to invest

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

Kansas City is a great market. My advice would be to partner with someone who has additional funds so you can buy something that is of quality. $8k won't get you anything in a class B or A market with 20% down or even 10% down. keep going though!

Post: Newbie to Rental Property Investment, looking for suggestions on locations

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

@Dennis Li I second what others have said about Kansas City. Its a great market. I can show you some of the areas that are great to invest in and some statistics about each one. 

Post: Buy and Hold or 1031 Exchange

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

@Jake Hughes I am a huge fan of the 1031 exchange. I help all sorts of investors from all over and those in KC find replacement properties. The key is upgrading your life, your property, your cash flow, your wealth. The goal is to make your life better. You wont' get rich from it but you can scale much faster. 

Post: New Member - Kansas City & Chicago

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

Kansas City is a really good market for BTR and multifamily investing. There are some locations to stay away from but almost every single sub market of KC has value and increasing rents. Happy to share these stats with you.