All Forum Posts by: Dan Gorman

Hi Alex,

Thanks for reaching out. 

Please let me know what you have available. 

Dan

Hi BP Nation,

I am preparing to do a 1031 exchange and wanting to invest in a medium sized Multifamily around the Cincy or Cleveland sub-markets with a class B or C value add asset.

Looking to deploy approximately, $400k.

Please let me know if you happen to have something that may fit this profile.

Thank you,

Dan Gorman

@Landon Bleau Great advice. Thank you. Just need to focus my search efforts. We did a 1031 to purchase the SFR in 2019. Seeking proper Exchange advice is critical. Thanks again.

@Carl Murray Thank you for the partnering suggestion. Undoubtedly sage advice for a new by MFR investor. Thank you.

@Ashley Nichols Thank you for the HELOC suggestion. It would certainly provide additional options while retaining the SFR asset. Much appreciated.

I'm looking for advice on trading up from a Single Family Rental to a Multi-Family building. My wife and I have been SFR landlords for 10 years and would like to scale up our investment properties.

We currently own a SFR in the Cincinnati area free & clear (no loan). Approximate value is $400k. We are looking to sell and deploy all or part of these funds into a MFR apartment building or a couple of duplexes.

Any advice on how aggressive to get with # units and market areas for an apartment building?

Thank you for any guidance.

Thank you all for your advice last year. We ended up investing in two DST's.

Sorry for the delay in responding.

@Michael Ealy

#2 and #8 apply to me. I have a goal of acquiring 100+ units in the next 2 years.

Great post. Thanks for teeing up great questions.

I look forward to reading your thoughts.

Thank you for the responses. My 1031 45 day ID deadline is tomorrow. I like the passive syndication idea on the surface. Where can I learn more about this strategy / option?

I am looking to move from SFR to MF investing via a 1031 Exchange and was wondering if there are any Turn-Key MF sites like Roofstock out there to evaluate properties for sale?

Thanks for your time.