Updated about 7 years ago on . Most recent reply
Bam 300% return. Oh and I love you Ms. 1031.
Oh yeah, Bought one house for 15k in great shape and rented it collecting a 57% return for a year. Just sold for 60K. Put it in a 1031. Sold two more. One for 10k sold for 47k, other for 12k for 50k. While collecting over a 50% return. I closed on all 3 this week. Put all of them in a 1031. Lawyer wanted 900 each to do the 1031. Got her down to 750 each. Got in contract for a distressed commercial building for 150k my new office space 3,000sq st. Putting the whole 1031 on it. Then I'm going to refi it. Cash out baby. Home Run. Oh but I do this all the time. Mastermind? hhhmmm