9 properties in 5 months via 2x 1031

[Lane Kawaoka]

Hey BP Friends,

I just closed on 9 properties in 5 months via 2x 1031. I try to not toot my horn (Toot Toot) but those 5 months sucked with daily tasks from the lender (sign this, sign that, write this “to whom it may concern”) or doing another due diligence all in compliance with the 1031s. It was kind of like puberty… I don’t want to go through it again but I guess it was worth it??? Yea it was. I got the portfolio (out of Seattle which is sort of like any other San Franciso/Los Angeles area and into Birmingham, Atlanta, Indianoplis) to where I wanted to be and now I’m in several cashflow markets with turnkey properties. I feel like in my little bomb shelter ready for the crash of 2016, 2017, 2018…well whenever it happens.

Anyway if anyone is going to undertake something similar even it’s a few properties concurrently I would be glad to offer my two cents.

Here is a link to blog article.