All Forum Posts by: Moty Wall

It seems that you are underestimating your expenses. From your assumptions as to the rent I think your average monthly expenses would be 40% of the gross and that before management fees.

As to loan. I have a loan on a 5 units building, from USBank, 20% down at around 4.1%, 5 years with 25 years amortization.

I hope this helps.

It might be interesting. Depends on the asking price. What is it?

Thank you.

Thanks.

Hi everybody,

About 6 weeks ago I bought a 3 unit building in Cincinnati for which I paid in full. No financing.

Next week I am about to close on a sale of 4 unit building which I own already few years. 

I want to use the 1031 exchange for this sale.

My question: Since it is such a short time from purchase, is it possible to apply the 1031 exchange to the purchase of the 3 units?

I'll appericiate any advice on this matter.

Thanks

P.S. And by the way, I love this web site. I learn a lot from it!! 

Does anyone have a recommendation for a property manager or management company in Dayton, OH?

Does anyone have a recommendation for a property manager or management company in Cincinnati, OH?

Hi,

I am about to list for sale two quads in Cincinnati, Ohio for 250,000$.  Can anyone give me an estimation of costs of the 1031 exchange, and who can do it?

Thanks,   Mordecai