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Updated 5 days ago on . Most recent reply

Trying to decide what to do with 1031 money
Currently I’m the GP of a family LP with RE assets. We’re in the process of selling a property worth several million and I’m feeling overwhelmed by the options of what to reinvest it in. Some partners would benefit from more immediate cash flow with less involvement, whereas other partners prefer the long game and are capable of managing the day-to-day responsibilities. We’ve discussed multi-unit, hotels, RV parks, syndication, and single-family, etc.
I've created a TIC interest so each can go their own route with the 1031, but they're looking to me to help them decide which route is best, and then find and purchase the property(ies).
So, I’m looking for someone who has experience with investing in these many different areas, who might be willing to help me understand the pros and cons of each option.
I’d also be grateful for any book/podcast recommendations that specifically breakdown the what, why, and how for comparing the different options. (Besides Brandon Turner- I’ve already read them)
Thank you in advance!