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Updated over 2 years ago,

User Stats

353
Posts
269
Votes
Matt Leber
  • Rental Property Investor
  • Orlando, FL
269
Votes |
353
Posts

1031 Exchange Part 2 in Ocala FL

Matt Leber
  • Rental Property Investor
  • Orlando, FL
Posted

Purchased two single family homes in Ocala as part of my 1031 exchange sale.  This 3/2 house was purchased for $165K in Ocala Park Estates and should rent for $1500-1600 with minor cosmetics.  I wanted to trade out of my 1950's, high-capex duplex in Jacksonville and improve the quality of renter and newer building for the long run.  This Ocala house should help me accomplish this goal.