All Forum Posts by: Alex Olson

Hey I had 4 large airbnb houses and thought I would be rich. It didn't work. I no longer own any of them but now have long term multifamily. I am just up the road in KC and can help show you what the KC market is like if you want to 1031 exchange and invest here. I help a lot of people do this. 

Kansas City Market can handle 25% down in class B areas, similar in class C areas. Not nearly as big nor the growth opporunity but thought I would pop my 2 cents in here as a comparison. 

I agree that Kc is great to look at for multifamily. I can help develop your team in Kansas City if you decide to look here.

Love the strategy. Unfortunately I can’t help you there but if you look at Kansas City, I can help. We do this all of the time here. 

Hey is this just a single family home? As you know a lot depends on age and upgrades if any. Shelter Insurance, Auto Owners insurance and if in KS maybe Farm Bureau. Have you thought about doing a 1031 exchange into multifamily here in KC? Might find better insurance rates across a duplex or fourplex or whatever. 

This looks like this will be a good one!

Kansas City of course :) I have good data on the multifamily/multi unit market here if you want to take a look. 

Yes you can. I am helping an investor group here in Kansas City that own a small set of properties and are 1031 exchanging into larger properties - but...only a few of them are 1031 exchanging. You need a good CPA, QI, and title/attorney to get it done correctly. If you have owned them for awhile or get them for a heck of a deal you have a lot of capital gains you will have to pay so be careful :)

I second his opinion of KC being  good market :). I can help if you look here?

Welcome back!