1031 Exchange Options?

[Konrad Lightner]

Hi,  

We are selling our properties and want to reinvest via a 1031 exchange.  We are looking for deals that are more passive.  Our properties are going fast so wanted to put out some feelers.  

Thanks, 

  Konrad

[Lindsey Iskierka]

We completed a 1031 exchange and have Bigger Pockets to thank for helping us successfully complete that.  

One resource was using a QI that we found on BP named @Dave Foster and the other was working with Rent To Retirement. We wanted passive investments as well because we had a newborn and a toddler at home. As amazing as a BRRRR deal sounded, we just didn't have the time or energy with the tight 1031 timelines and two babies under two years old.

Purchasing turnkey homes worked for us in this situation and they've continued to be easy and profitable properties for us, even in the pandemic.  I hope that helps!