No idea because I don't know how much you're under contract for and what the market is in that area.

Any idea what the rates would land at first Q 2025? 

Any idea how much legal help would cost?

Feel free to reach out—always happy to connect and share ideas!

Hi All, Had an idea (very beginning stages) and wanted to throw it in here and see what others think of it.

Doing it that way also allows you to get a general idea of how much income is needed to at least be close to breaking even. obviously being close to the break even line is not where anyone wants to be but it is interesting and useful metric.

More importantly, I’m super hesitant with the idea of the 1031 given that both the purchase and the sell need to be coordinated together. 

Don’t hesitate to reach out if you need insights or just want to bounce ideas around! 

If it’s all my idea, I’m not sure how much they’ll appreciate it.

And, these were typically also underwritten with the idea that a downturn was inevitable.