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Updated over 7 years ago on . Most recent reply
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Strategy for $750,000
I am in the early stage of selling a multifamily with a net proceed of around $750,000 in a 1031 exchange looking for passive investment strategies. The OC market where I live seems very competitive and I was wondering where you guys recommend I should be looking to invest. I am pretty hands off and would like to leave any rentals to property management companies.
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Sorry @Jordan F. please check your facts. Real Estate has to be exchanged with Real Estate. I just came from a meeting with @Bill Exeter, so it is very fresh in my mind. Land,sfh, mfh, retail property, office space, industrial, storage, warehouse, etc. These are all RE and can be 1031 exchanged to each other.