Be positive -  I would guess that over 95% of our clients complete their exchanges with properties they like.  

Well, yes, some properties may require complete work, but others may just need cosmetic things to bring them back on the market.

My two partners are willing to pay their share, but they’ve also offered me the option to take over the property completely since the loan is in my name.Here’s my dilemma: If I keep the property and rent it out, I could get around $2,300 in rent, but my mortgage is $3,300 at a 7% interest rate.

Here is their description and note site Their terms state: "With whole note investments, the investor transfers the complete loan amount and is the sole owner of the 1st position on the loan.

You are roughly 50% completed, the interiors will cost more than you think.

I would recommend that they invest in an inexpensive 'white noise' machine to help muffle the sound but that no property is completely sound proof and the upstairs tenants are well-aware of their concerns and are respectful.Always 'entertaining,' huh?

I suggest that you either release the reigns completely or continue self-managing.

You'll still need some liquidity for reserves and to be reimbursed for work completed in draws, however its usually limited to 10-20% of the rehab budget needed in reserves to make the deal work.You're welcome to DM for more details if interested. 👍 Good luck!

This stock income (LTCG) along with the rental properties in Chicago, we have a life of abundance at the moment.With that being said, the rentals in Chicago do a portion of the heavy lifting by eliminating the housing costs completely while adding $1k extra each month to cover Cap Ex and other expenses.

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.