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Updated almost 2 years ago on . Most recent reply

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1031 - finding replacemant properties

Christian Nwigwe
Posted

Hi fam - doing a 1031, need to identify a value-add multi fam/ apartment in 30 days. Any tips for finding off market value add deals?

Most Popular Reply

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2,853
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
2,492
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
Replied

You should start looking for replacement property before you even put your sale property on the market. Now you are going to be in a big rush and will most likely end up buying a bad deal or one that you never really wanted to begin with.

1031 takes plenty of planning.

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