All Forum Posts by: Brandon Nahale

Hi BPer's!!

I'm thinking about doing a reverse 1031 exchange, since we have a little cash saved, and we have an investment property that will probably sell very quickly in this market.  My question is at what point do we need to declare for the 1031 exchange? Can we get the replacement property under contract first or do we need to go to an qualified intermediary first?

Thanks!

Todd Dexheimer Todd Kalsey @Paul Sian Nicholas Lask @Zachary Lask Thanks for the tips! I don’t have any boots on the ground as of now in the form of partners. I have lots to think about.

Hello BP! Can anybody familiar with Cincinnati share any information on the Westwood area. I’ve seen a lot of crime and shooting reports there, but I’m not sure what to make of the area as I’m not local to the area. It seems as if the citizens and the police department are making strong improvements to improve safety. Is it generally safe with security cameras? We’re looking at a multifamily building there. Thanks!

Hello BP! Can anybody familiar with Cincinnati share any information on the Westwood area. I’ve seen a lot of crime and shooting reports there, but I’m not sure what to make of the area as I’m not local to the area. It seems as if the citizens and the police department are making strong improvements to improve safety. Is it generally safe with security cameras? We’re looking at a multifamily building there. Thanks!

@Todd Kalsey I see. Thanks for the info! I'm looking to buy my first multifamily in Cincinnati, and I wasn't sure what would work and what would not.  I'll let you know if I find anything.

Hi @Todd Kalsey, just wondering if you ended up submetering or implementing RUBS in your cincinnati properties? 

James Canoy thanks! I’ll reach out.

@Wougi Heap of Birds, I’m open to all of the above. I’m still standing on sidelines, waiting to get in the game so I haven’t really utilized any of these strategies yet. I hoping to use them all soon tho.

Dylan B. Thanks! I will reach out to Alex Hickman. Appreciate it.

Thanks for the recommendation Levi Ballard I’ve reached out to Rhett. He seems very knowledgeable.