Need to find 1031 exchange properties

[Johnny Lau]

I am doing a 1031 on several properties I have in California, I am having a hard time deciding on the best options for the exchange. I'm not sure if I should find something locally in the bay area or out of state. I've spent time looking at both options, currently looking at OOS properties in Florida. A small multi-family would be ideal. Since timing is very tight with the 1031 rules, I need to find something quickly, not easy to do in today's hot market with the low inventory. A NNN lease is also an option I looked into.

Who here has had successful 1031 exchanges? What markets did you look into? I'm feeling the stress of the process unfortunately...

[Amit M.]

Keep DSTs in your back pocket as back up options.

my2c