The QI will facilitate the transaction by holding the proceeds from the sale of your New Jersey property and using them to acquire the replacement properties in Florida.Make sure to follow the 1031 exchange timelines: you must identify potential replacement properties within 45 days of selling your New Jersey property and complete the acquisition of the replacement properties within 180 days.  

This sounds like good information.

Purchase price: $260,000 Cash invested: $120,000 Sale price: $535,000 Complete gut, new front and rear walls, all new electric, HVAC, plumbing, roof, deck, windows, interior What made you interested in investing in this type of deal?

For a land cost of $150k, how would you think about how much the completed home would need to sell for to make that land cost worth it?

We're open to other strategies, but believe that sounds the most ideal so far. 

Most will require basic documentation such as a complete loan application, ID, Entity Docs, and 3rd party contact information.

@LaTonya Clark “One  can’t tell but I do know part of me is willing to take a chance”…You make it sound as if real estate investing is no different than gambling….

Project TimelineStart Date: [Insert Start Date].Completion Date: [Insert Completion Date].Working Hours Allowed: [Specify working hours, e.g., 8 AM – 5 PM, Mon – Fri].3.

They are completely different forms of investing and should never be analyzed the same way.

Investing out of state in the KCMO area sounds like a smart move; it’s such an interesting market with plenty of potential.