Selling investment properties

[Felipe Guerra]

Hi everyone

I recently sold my 3 multifamily properties in San Diego CA -With the objective of doing a 1031 exchange; however there were some issues along the process that ended up taking more time than planned.

Currently I have about a week to identify properties for the 1031 -I been looking at properties in the SD location (not looking to invest out of southern CA) and have not been able to find something that makes sense (cash flow, location and property condition).

I've been feeling tempted to keep the cash ($1M) pay taxes and take my chances with the brrr method -I'm looking for your recommendation, what do you think ?

Thanks in advance !

Felipe