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All Forum Posts by: Marcie Sullivan

Marcie Sullivan has started 1 posts and replied 5 times.

Post: $440,000 to invest with 1031

Marcie Sullivan
Posted
  • Posts 5
  • Votes 7

@Joey Banasihan btw so much of what you said is spot on with what chat suggested. Appreciate you taking the time to help me.

Post: $440,000 to invest with 1031

Marcie Sullivan
Posted
  • Posts 5
  • Votes 7

@Jordan Ray thanks will look into that area!!

Post: $440,000 to invest with 1031

Marcie Sullivan
Posted
  • Posts 5
  • Votes 7

GREAT info!! 

Post: $440,000 to invest with 1031

Marcie Sullivan
Posted
  • Posts 5
  • Votes 7

Thanks so much for your input — I really appreciate it. This is actually my second 1031 exchange. My first property was purchased at $185K and is now under contract to sell for $447K, so I’ve seen firsthand how powerful this strategy can be.

You’re absolutely right — there’s definitely pressure, especially with the timeline. But with solid advice, smart planning, and a lot of hustle on my part, I’m confident I can keep the momentum going and make the next move count.

Post: $440,000 to invest with 1031

Marcie Sullivan
Posted
  • Posts 5
  • Votes 7

I’m currently working through a 1031 exchange and will have $440,000 to reinvest. I'm new to rental property investing and exploring my options. I'd love to hear from experienced investors:

If this were your money, how would you invest it?
Would you go with one property, multiple smaller ones, turnkey, light rehab, long-term or short-term rentals?