Permanent Property Swap/Trade

[Joel Sherlock]

I am very interested to learn who else is doing this. For years we have been keeping our eyes open for properties and owners that we are interested in selling and finding out what they are looking to buy. 

For example a home in need of a reno with owners looking to sell, spend more and buy a more renovated home. We would then propose a you buy mine, I buy yours scenario. Getting  a sale and our next project in one transaction.

This has worked well for us on the investment side also selling a 4 door complex that had an 6.5 Cap and buying a 12 Door complex that netted us a 8.2.

It is a simple yet powerful strategy. Anyone else working with trades?