A 1031 exchange would use all of the tax in the purchase of your next property.

Please hit me up if any of you ended up purchasing one. 

Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?

Hey Jonathan - I usually start by checking what similar properties are charging in the area, considering things like size, amenities, and location.

@Joseph Opoku Yeah you can still get positive cash flow from day 1 in pretty much all areas except the A class neighborhoods.

Hi my name's Jim ,I have done all aspects of house repair ,building ECT I even have my refrigerant licences ( universal) I started working with my father at around 8 years old took right to HVAC ,we did all aspects of home repairs demo and building .

Using your example, you sell Mon for your $155K and have a contract on a new home for $100K two weeks after this one sold.

Find out which filters are best for your furnace, purchase a year's worth, write the installation date on each one so the tenant knows when to swap them, and inspect regularly to verify it's happening.

The only ones I could really find were Aspired and Allegany.

You mean $100-120K “all in” or just purchase price?