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I’m Four Months Into a 1031 Exchange—Now It’s All About Finding the Best Deal in the Haystack
We are less than a month away from listing our Brooklyn, New York condo, which we bought for $375,000 back in 2004, the same week we got married. 20 years, two […]
Seven Reasons Why the Housing Market STILL Hasn’t Recovered From the Pandemic
The pandemic swept through the U.S. housing market like a tsunami. Radical price hikes and all-time low inventory accompanied massive migration away from pricey big cities. Four years later, the […]
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1031 Exchanges
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Larry C.'s profile image
Larry C.'s profile image
Larry C.
  • Investor
  • from Northern NJ
  • Member since Mar 16, 2014
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Larry C.'s profile image
Larry C.'s profile image
Larry C.
  • Investor
  • from Northern NJ
  • Member since Mar 16, 2014
Connect
Larry C.
  • Investor
  • Northern NJ
2
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5
Posts
1031 Exchanges

1031 and Realty Mogul

Larry C.
  • Investor
  • Northern NJ
Posted May 19 2022, 08:21

Hi,

I want to ask are there any members who have experience with Realty Mogul investment through a 1031 exchange?  I  am currently selling a Chicago two-unit rental building that will net approximately $200k that will close in less than a month.  Realty Mogul seems like an easier way to invest the funds without a lot of time-consuming efforts in a typical exchange.  The platform indicates that there are no agents, escrow or closing costs.  I want to check with you all if anyone has experience with Realty Mogul and 1031 exchanges.  Thanks.

Chicago, Illinois
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