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Updated over 5 years ago, 04/11/2019

User Stats

23
Posts
6
Votes
Jack Bradham
6
Votes |
23
Posts

Gotta Buy ...3 weeks... 1031

Jack Bradham
Posted

I recently sold an apartment and made a good bit of cash. I placed it in a 1031 and now I am having a terrible time finding good deals. I have about 3 weeks left to identify properties. Geting to 1 or 2 percent seems almost completely unrealistic. In CLT it looks like I need 150k per property minimum to get anything worth having. Whats a guy to do...  

User Stats

1,239
Posts
1,097
Votes
Michael Ablan
  • Real Estate Broker
  • Watertown, NY
1,097
Votes |
1,239
Posts
Michael Ablan
  • Real Estate Broker
  • Watertown, NY
Replied

@Jack Bradham - What are you in the market for?

User Stats

66
Posts
56
Votes
Harry Marsh
  • Investor
  • Charlotte, NC
56
Votes |
66
Posts
Harry Marsh
  • Investor
  • Charlotte, NC
Replied

I have a couple subject 2s.

One is only 450 per month in waxhaw.  Great cash flow.  40k

I 3-2 in 28227 for 110k

I am trying to get rid of my rentals :)

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User Stats

30
Posts
14
Votes
Warren Romig
  • Investor
  • Fort Myers, FL
14
Votes |
30
Posts
Warren Romig
  • Investor
  • Fort Myers, FL
Replied

Im in the same boat. but I sold mine today. 45 days and counting...

User Stats

23
Posts
6
Votes
Jack Bradham
6
Votes |
23
Posts
Jack Bradham
Replied

I’m in Charlotte NC

Boone,NC 

Albemarle,NC

So all these areas are around me

User Stats

23
Posts
6
Votes
Jack Bradham
6
Votes |
23
Posts
Jack Bradham
Replied
Originally posted by @Michael Ablan:

@Jack Bradham - What are you in the market for?

User Stats

23
Posts
6
Votes
Jack Bradham
6
Votes |
23
Posts
Jack Bradham
Replied

Charlotte NC mainly 

User Stats

15
Posts
5
Votes
Jefferson Ovalle
Pro Member
  • Investor
  • Charlotte, NC
5
Votes |
15
Posts
Jefferson Ovalle
Pro Member
  • Investor
  • Charlotte, NC
Replied

@Harry Marsh can you elaborate on your 40k in Waxhaw perhaps on a direct message?

  • Jefferson Ovalle
  • User Stats

    66
    Posts
    56
    Votes
    Harry Marsh
    • Investor
    • Charlotte, NC
    56
    Votes |
    66
    Posts
    Harry Marsh
    • Investor
    • Charlotte, NC
    Replied

    I got blown up on those and sold 3, quickly
    Not sure I'm going to unleash any other

    User Stats

    4,980
    Posts
    5,042
    Votes
    Scott Mac
    • Austin, TX
    5,042
    Votes |
    4,980
    Posts
    Scott Mac
    • Austin, TX
    Replied

    HUSTLE Jack Hustle!

    Get it done or pay the taxman his coins.

    User Stats

    23
    Posts
    6
    Votes
    Jack Bradham
    6
    Votes |
    23
    Posts
    Jack Bradham
    Replied

    I was able to find 1 unit in Gaston county but, was still working to find a few more. Good deals ... any deals. Are hard to find. Working with 150k ish now.