All Forum Posts by: Kevin McGrath

Thank you @Dave Foster

@Justin Windham @Bill Exeter Gents,  A follow up question on the Solo 401k, 1031 exchange.  Let's say I want to do a 1031 exchange with my Solo401k as it would be with the same syndicator the money is currently invested with so it makes it easier.  My Solo401k has already received 2.5 yrs of distribution income that is in my 401k account, can I put that money back into the 1031 along with my sale proceeds?  If I can't it seems meaningless to do this 1031 as all my Solo401k monies cannot be reinvested with the sale proceeds and would have to be reinvested with another deal.  Thanks for your input.  

@Steven Segal Hi Steve.  When you say flex, I want to make sure you mean a smaller warehouse (5k SF or less) with a small amount of office (500 SF or less)?   

These types of properties typically due have low maintenance and higher occupancy than other warehouse types even during downturns.  Overall, they are in high demand and are great properties to own.  

A couple of downsides to them is that tenants typically only commit to 1 or 2-year leases so there is a lot of turnover making it more labor intensive.  Also, the tenants tend to be more "mom and pop" so credit can sometimes be shaky.  

Hope this helps.  

@Duke Giordano  I would be happy to answer any due diligence questions you have about industrial RE or a specific deal you are considering. I have been involved in brokerage and (now) syndication focused only on the industrial sector since 2007.