From what I know so far, Tokyo apartments can produce very attractive cash flows (in exchange for negligible appreciation).

Offer your time to these people for free in exchange for knowledge and information.

Also if anyone has dealt with a good company that does 1031 exchange, that would be greatly appreciated. 

I always appreciate a good debate and differing opinions, so thank you for the exchange.  

I'm sure you'll get some input from some here who know more than I about these, but it's my understanding that you can't "trade down" with a 1031 exchange; the replacement property has to be at least equal in value to the relinquished property.

Personally my rule of thumb is that once I've met the buyer in a common meeting ground (REIA meet up, special event, etc) and exchanged information it's fair game.

I will become a member of their LLC in exchange for the work that I will be performing managing all of the rental properties.  

I am currently buying cash flow properties out of state but I will probably sell those properties in 5 to 7 years in a 1031 exchange to purchase an apartment or mobile home park locally within 2 hours of here.

"No gain or loss is recognized by a partnership or a contributing partner who transfers property to a partnership solely in exchange for a partnership interest (capital and/or profits).

Hi everyone, I'm an experienced investor looking to exchange information with like-minded people.