I would like to improve my negotiation skills and cold calling abilities, in exchange for my time.

My husband and I intended to do a reverse 1031/investment exchange that has gotten a little too complicated.

Go to REIAs and local meetups and see if you can offer a service to an experienced investor in exchange for their time and knowledge. 

Wish we could have bought more properties but we were pressed for time trying to do a 1031 exchange.

Hi, has anyone wholesaled a property without a fee in exchange for an interest in the property?

Hi @Ryan Christians, The due diligence costs were not part of or related to the replacement properties that you acquired through your 1031 Exchange, so the costs can not be paid through the 1031 Exchange or added to the cost basis of the replacement properties acquired.  

Curious what others would do.We sold a property we bought for $26k and sold for $70k in 2016 and 1031 Exchanged into a property for $70k (+$8k in rehab) and owe $47.5k on.My low-to-mid-range estimate is that we could sell for $130k.

I asked about seeing it and told him I would be doing a 1031 exchange.

Open to Masterminds, partnerships, networking, general exchange of experience and learning.

20201) find a fourplex that needs a little help listed for $35K2) offer $30K cash plus ask the seller to pay closing costs3) spend $20K to rehab the property & make it rentable - satisfying the standard 10% forced appreciation during the first year4) the property should now be worth ~$33K - giving you ~$3K in appreciation alone (not counting potential rental cash flow)20211) cut out as many expenses as you can on the fourplex & have the highest rents possible2) assuming 3% appreciation the property should now be worth ~$34K - giving you ~$4K in appreciation alone3) assuming all expenses are paid & $650/month individual unit rent, the total rental cash flow from all four units should be $1600/month - total annual profit: $4K (fourplex appreciation) + $19,200 (annual rent) = $23,20020221) buy fourplex II (using the profit from fourplex I) that needs a little help listed for $35K2) offer $30K cash plus ask the seller to pay closing costs3) spend $20K to rehab the property & make it rentable - satisfying the standard 10% forced appreciation during the first year4) the property should now be worth ~$33K - giving you ~$3K in appreciation alone (not counting potential rental cash flow)5) assuming 3% appreciation fourplex I should now be worth ~$35K - giving you ~$5K in appreciation alone6) assuming all expenses are paid & $650/month individual unit rent, the total rental cash flow from all four fourplex I units should be $1600/month - fourplex II is still being rehabbed - total annual profit: $5K (fourplex I appreciation) + $3K (fourplex II appreciation) + $19,200 (fourplex I annual rent) = $27,20020231) buy fourplex III (using the profits from fourplexes I & II) that needs a little help listed for $35K2) offer $30K cash plus ask the seller to pay closing costs3) spend $20K to rehab the property & make it rentable - satisfying the standard 10% forced appreciation during the first year4) the property should now be worth ~$33K - giving you ~$3K in appreciation alone (not counting potential rental cash flow)5) assuming 3% appreciation: - fourplex I should now be worth ~$36K - fourplex II should now be worth ~$35K - fourplex III should now be worth ~$33K - giving you ~$14K in appreciation on all three fourplexes6) assuming all expenses are paid & $700/month individual unit rent, the total rental cash flow from all eight fourplex units should be $3200/month - fourplex III is still being rehabbed - total annual profit: $6K (fourplex I appreciation) + $5K (fourplex II appreciation) + $3K (fourplex III appreciation) + $38,400 (fourplexes I & II annual rent) = $52,40020241) cut out as many expenses as you can on the fourplexes & have the highest rents possible2) assuming 3% appreciation: - fourplex I should now be worth ~$37K - fourplex II should now be worth ~$36K - fourplex III should now be worth ~$34K - giving you ~$17K in appreciation on all three fourplexes3) assuming all expenses are paid & $700/month individual unit rent, the total rental cash flow from all twelve fourplex units should be $4800/month - total equity: $37K (fourplex I price) + $36K (fourplex II price) + $34K (fourplex III price) = $107K - total annual profit: $7K (fourplex I appreciation) + $6K (fourplex II appreciation) + $4K (fourplex III appreciation) + $57,600 (annual rent) = $74,60020251) sell the fourplexes - use the 1031 tax exchange during the transaction to defer capital gains taxes to a later date (covered in SELLING section)2) buy twenty four unit apartment building w/ that $107K equity as a 20% down payment for a building priced at ~$535K (remaining loan amount is ~$428K) - after negotiating for lower price & seller pay closing costs of course!