Investor · Columbus, GA · Member since 2014 · 2k+ posts · 1k+ votes
9y
If I owned anything in the Bay Area, I would sell it while the market is ridiculous out there and invest it anywhere outside of CA. SLC seems to be isolated from the fluctuations of the rest of the country. You could consider some turn-key stuff in TX, ATL, or in FL.
Investor · Columbus, GA · Member since 2014 · 2k+ posts · 1k+ votes
9y
If I owned anything in the Bay Area, I would sell it while the market is ridiculous out there and invest it anywhere outside of CA. SLC seems to be isolated from the fluctuations of the rest of the country. You could consider some turn-key stuff in TX, ATL, or in FL.
Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
9y
@Andy Chang
You have come to the right place to connect with the wide array of real estate professionals and investors. Make sure to view the Bigger Pockets book store: https://www.biggerpockets.com/store
Professional · San Francisco, CA · Member since 2014 · 876 posts · 301 votes
9y
Hi @Andy C., if you're an accredited investor who is seeking to defer your capital gains tax but doesn’t want to be a landlord anymore you might consider reinvestment into DSTs (Delaware Statutory Trusts). They are hands-off, institutional grade real estate investments, and they allow you the option to diversify. You can buy into institutional grade $50-125M projects with as little as $100,000. Professionals with decades of experience and very impressive track records do all the heavy lifting for you. You get potential cash flow, tax shelter and appreciation. Loans are non-recourse. Happy to help answer any questions. Best - Leslie