All Forum Posts by: Alex Olson
Alex Olson has started 14 posts and replied 2086 times.
Post: Tom Zeebs Find the Deal, Make the Deal, Get Paid Workshop
- Real Estate Broker
- Kansas City Metro
- Posts 2,176
- Votes 1,174
@Kim Tucker Exactly!
Post: Kansas City Multifamily Outlook 2023+?
- Real Estate Broker
- Kansas City Metro
- Posts 2,176
- Votes 1,174
There are some good videos I have done on the KC market and how it shows that throwing a dart at the KC metro will produce good returns (almost) no matter where you invest. It's a great cash flowing market and depending on your experience level and what you want you can scale pretty quickly. If you want to talk more just DM me.
Post: just asking for some advice as a new investor
- Real Estate Broker
- Kansas City Metro
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@Ryan Havens I always say that the best uses of a 1031 exchange are when you don't like the property (for WHATEVER the reason) or have a lot of untapped equity (meaning your return on equity is low). Your situation fits the bill. Have you considered looking at other markets other than your own?
Post: Airbnb in Packwood, WA
- Real Estate Broker
- Kansas City Metro
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great use of a 1031 exchange! Congratulations!
Post: Sales and tax strategies in December
- Real Estate Broker
- Kansas City Metro
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@Troy Bruflat You can complete a 1031 exchange and in fact you should. It is the greatest wealth scaling tool available for investors. You can take that $35k and put it in to another investment property, tax free, and get even more cash flow.
Post: Networking in Kansas City
- Real Estate Broker
- Kansas City Metro
- Posts 2,176
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Quote from @Tyler Miller:
Quote from @Dustin Street:
Quote from @Mitch Lickey:
Hey everyone! Local realtor here in the Kansas City metro area. Looking to connect with other agents and investors to grow my network and knowledge. Shoot me a message, let's chat.
Hey man! New to Real Estate or new to the website? I have a lot of real estate agents on my list, so they can keep my properties in their back pocket, in case they run into investors or have a client looking to beat market prices.
Hey Dustin: Just came across your post. I'm looking at getting into the Kansas City market. Are you looking to sell some of your portfolio?
Hi Tyler - I can help you with the Kansas City Market regarding multifamily. We have an off market marketplace for members that can review deals here in KC. Let me know.
@Geoff Chan What type of assets and purchase price are you looking for?
Post: What areas of KC are developing most??
- Real Estate Broker
- Kansas City Metro
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The great thing about KC is that you can throw a dart in about any area of the metro and hit a good investment location. It is a rare city that is truly about what the investor wants and is looking for. Suburban? Check. Class A? Check. Urban Core? Check. Major development? Check. New sports stadiums? Check. New airport? Check. The list goes on and all of these are in different parts of the city and have sparked additional housing developments etc...
Post: Another SFR Buy-n-Hold in Indiana
- Real Estate Broker
- Kansas City Metro
- Posts 2,176
- Votes 1,174
Great work on using a 1031 exchange to make your life better! Congratulations on your success.
Post: Want to offload 2 rentals via 1031 exchange, but interest rates..
- Real Estate Broker
- Kansas City Metro
- Posts 2,176
- Votes 1,174
@Jack B. Have you looked at it from a Return on Equity perspective. When doing a 1031 exchange what matters most is that you are improving your net worth and lifestyle. You can exchange these properties in to class A or B or C properties that cash flow more than they do now even if interest rates are higher. I can show you some examples of how this works.
Post: 1031 Exchange & Seller Financing
- Real Estate Broker
- Kansas City Metro
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Quote from @Jared Prevost:
@Alex Olson Would this essentially be selling on a land contract? Then once the note is due or the buyer does a refi, the seller must start the 1031 process - or are you talking about buying doing a lease option/master lease?
Master lease.