Don't THINK I want the hassle of 1031 exchange with more properties  Just want the monthly income for now, (which I figure would be close to what we make now minus upkeep) .

I did start reading through previous questions, but we're in a bit of a time crunch and looking to get a specific answer.Can we use proceeds from a 1031 exchange to payoff existing mortgages on investments we already own?

We plan on doing a 1031 exchange and anticipate the reinvestment amount to be about $1.5 million.I would appreciate any feedback on our plans to reinvest the 1031 exchange funds.

I think it has been over valued for awhile and the currency manipulation in China has a large effect on everything as well.

Ask them how long have they been in real estate, and have them break down strategies that align with your objectives. 401k & IRA distributions, Depreciation, 1031 exchanges, passive income deductions, and just tax preparation is what you will ask your CPA.

Would love to meet up and discuss some of the things that you are doing and exchange idea.Andy

You could also go work for an investor doing whatever or wait until you have some experience and then offer your services (probably for free) to an investor who could use another hand on deck in exchange for their time and knowledge.Keep at it and you'll be OK.

If you need someone to bounce ideas off or exchange advice feel free to drop me a line.Best of luck to you in your investing future.

Then try to arrange a mentor relationship with exchange for IT help.

Please reach out and say hi, or if people are local I'd be interested in hearing about local opportunities, bouncing ideas, or just meeting some fellow RE investing enthusiasts, whether you are a newbie like me or an experienced investor who may have use for an MBA mind in exchange for some knowledge.Tyler