@Zachary Buschmann I think chose a market first, you'll have no problem finding a good realtor. Realtors love working with 1031 buyers since they know you are committed to buying something.
I have a 1031 exchange going and feeling the pressure to find the replacement property. Any suggestions appreciated
Hi Zachary,
The Florida panhandle area is one of the best short term rental markets in the country if you're interested in doing short term rentals. I'd be happy to connect with you to talk about it!
Get a realtor that knows and understands the market you want to invest in. You may have to slightly overpay for something, depending on your timeline. Buying a property is better than letting the money get taxed
I have a 1031 exchange going and feeling the pressure to find the replacement property. Any suggestions appreciated
You should consider investing OOS here in Columbus or Cincinatti. The price to rent ratio makes for great investments. Not to mention our appreciation has been 8% higher then the US national average, because of the high demand for affordable housing.
I'm in the Boise, Idaho market. Your best ROI right now is going to be the amount of appreciation you get in a short amount of time. We are also a great market as well for Short Term rentals. If you want to jump on a call to learn more I'd be happy to chat with you to see what your goals are and if Boise sounds like a good fit for you.
@Zachary Buschmann what areas have you considered ? What is your budget ? What kinds of properties do you need SFH, 2-4, 5+? Has your clock already started ticking ?
@Zachary Buschmann I think chose a market first, you'll have no problem finding a good realtor. Realtors love working with 1031 buyers since they know you are committed to buying something.
I have found some amazing opportunities out in the smaller towns here in Idaho. With Starlink's satellite internet options, people can live in very remote areas and have great internet for only $100 a month. Vacation rentals have sucked up a lot of inventory in smaller resort towns to the local work force so that is driving up their monthly rents. For example, my middle son lives in Donnelly, Idaho and his rent was just increased $500 a month so I sold him a home in Cascade. It was only $289,500 so it will make a great rental when he is ready to get a bigger / nicer home down the road.
Hey there! I am in Oklahoma and would love to help you find some homes/apartments to invest that money. I have experience in Section 8 for rentals as well as private pay and I also have certification in foreclosures as well as experience in buying them and flipping them myself!