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Updated over 2 years ago,

User Stats

24
Posts
4
Votes
Brendan O.
  • San Jose, CA
4
Votes |
24
Posts

Buy and Hold or 1031 into larger building

Brendan O.
  • San Jose, CA
Posted

I have some properties in an average neighborhood that i developed into large apartments some with five, six or even seven bedrooms . Some are rented by the room so the work involved is becoming too much. I am a buy and hold investor and undestand the long term benefits. I don't want to look back and say damn i wish i never sold anything. 

My questions is If i sold all  these properties and done a 1031 into a single building of approximately the same total value in a nicer area would that make sense? It would be far far easier to manage. 

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