All Forum Posts by: Alex Olson

@Jeffrey Proeh I would also suggest a TIC (Tenants in Common) structure where you sell your property and exchange into a TIC partnership. This is more passive than a typical 1031 exchange but more control than a DST that may not have the returns or flexibility you need. Hope that helps!

@Zachary Bellinghausen You have come to the right place. @Dave Foster is an excellent resource as being a QI for 1031 exchangers as he knows the world really well. You don't need a local company since the 1031 exchange is a federal tax code part of the IRS. I would 1031 exchange out of these properties into a higher cash flowing market. Hope this helps!

Hello Nelson. Casey Crawford at Chinnery Evans and Nail in Lee's Summit. Tell him Alex Olson sent you. 

@Nitin John Abraham There is MARIE which @Kim Tucker can help you out with along with FIBI that @Logan Freeman can help you out with. Looking for others input as well. Hope that helps!

Bob Quick Royal Engineering Services. Tell him Alex Olson sent you from Clemons Real Estate. 

Great questions. Your situation is more rare than what many are willing to tackle. I am sure @dave foster will have some food advice but the best thing to do is to talk with your QI extensively.

@Levi Smith Great work getting started. If you run across any multifamily, please let me know. I typically represent buyers that are willing to take down about any deal. Let's connect!

@Tesho Akindele Neighborhoods that are changing - historic northeast, Raytown, independence (though some to avoid), just east of the downtown loop, Rosedale in KCK, Grandview. If you can snag a property in Lee's Summit or Blue Springs better get it now before it turns into Johnson County where you can't afford it. Hope that helps!

 I would look at the Midwest, like a Kansas City. Top 30 msa with solid population, rent growth, and development. It has recession resistant employment as it is great at everything but a master of none. 

Consider Lee's Summit, Blue Springs, Parkville, Liberty - if you are looking for appreciation in a suburb. Also consider Midtown in KCMO. If you want cash flow consider Raytown Independence, Lees Summit, Blue Springs, and KCK. If you can elaborate more on what you are looking for, I can provide a bit more advice.