It's Time to Move to the Next Level of Investing?

[Account Closed]

Hi BP veterans,

My buddy and I were fortunate enough and bought a couple of handful properties in the San Francisco Bay Area in the recent years. Since they have appreciated substantially, we're thinking of 1031 some of these into income producing properties. Looks like we might have to go out of state to achieve this goal.

If you have an option, would you buy 4-plexes or bigger? We have about two to three hundred of equity in each property. So every two sales would generate about a half mil.

Thoughts on where to buy and what size of complex we should look into?

TIA.

Minh