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Updated almost 7 years ago on . Most recent reply
MFR Investment Using 1031 Exchange
Hi BP Folks,
I am looking to do a 1031 exchange on one of my pro[erties and looking into investing in a MFR. Some of the areas I have been looking at have been really diffulcult to find MFR or to make the numbers work. Areas that I have been looking at are KC, Indy, Austin/San Antonio, Dallas, Provo/Ogden.
Since I will be a out of state investor. Is there anyone that I can connect with or can recomend to assist me in this purchase. If you have experience doing this or work in this market, I would like to get your input.
Thanks!
Most Popular Reply
@Israel R. shoot me a pm I can refer you to broker that convers these areas, he helped some with this situation.
Just do us all a favour and don’t over pay for the properties.
Often with 1031 exc buyers rush in and end up over paying...
Also been from California worries me ;-)