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All Forum Posts by: Felipe Antunez

Felipe Antunez has started 3 posts and replied 6 times.

Quote from @Dave Foster:

@Felipe Antunez, You're actually looking for two people.  The QI for the 1031 exchange has to be an unrelated 3rd party to the rest of the transaction.  They are only allowed by law to perform your 1031.   

If you're wanting to invest in a turn key product then you'll also want to find a good turn-key company.  They cannot do your 1031 exchange.  The QI for the 1031 exchange cannot help you find properties.


 Thank you for the help! 

I currently received an offer I can refuse on a SFH I own in NJ and am closing in the next week. I am looking into buying a condo in NJ with a portion of the profits but in order to 1031 exchange I need a second property to invest in. I am looking for a trustworthy turnkey provider that will provide at least a 8-9 ROI and be able To handle the 1031 paperwork for both properties. Please contact me if you have had any similar experience or know of any good companies that can provide what I am looking for.

Post: Starting out looking for advice in NJ

Felipe AntunezPosted
  • Posts 7
  • Votes 1
  • Thanks for the advice Greg. A bit scary venturing out of markets near me however I have heard it can be very rewarding. Would like to get my feet wet in my area first. 

Looking into a possible deal in which I have no experience and would like some insight from investors that may have been involved with something similar. This property has a 1 bedroom apartment upstairs and a bar downstairs. Any info on similar situations would help. 

Is it tough to get tenants? Things to look out for etc. 

Also in the area and definitely interested in meeting up. 

Post: Starting out looking for advice in NJ

Felipe AntunezPosted
  • Posts 7
  • Votes 1

Hey All!!

Very excited to be a part of this community and have already gained a ton of knowledge from these forums and the BP podcast. However, I am still struggling to really pull the trigger and commit to anything. I am looking into buying a multi-family in NJ. I live in Rahway and would like to keep it nearby (within 20miles). Unfortunately, it seems that the only properties that I and my agent are finding are in Newark/Irvington or other areas where I really don't want to venture into. What markets are fellow NJ investors looking into? Any advice or help would be greatly appreciated.