Updated over 3 years ago on . Most recent reply
Alternate Investment Options
Has anyone done a 1031 into an investment that is not a typical/standard buy and hold residential or STR investment? I want to sell a property that is a current STR and I want to roll the money using 1031, and I'm looking for ideas for unique investments that could qualify for a 1031, but may not be the typical STR, SFR or multi-unit property. I'd love to hear some ideas or some success stories.
Thanks!
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- Real Estate Broker
- Cody, WY
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Have you looked into self storage? No toilets, tenants, or even mobile homes that have to be moved. Much easier to manage, brings in better cashflow. Paul Moore has a book in the BiggerPockets bookstore specifically for this model and - after decades of investing - it's pretty much the only thing he's investing in.
- Nathan Gesner
