All Forum Posts by: Sarah Smith

@Casey Mericle I wouldn't love to know more about NNN. I am not familiar with that term. I am interested in multi-family at the moment. I haven't ventured into commercial but would be open if I felt like it was a good fit. I agree about the 45 days flying by. It is slightly stressing me out!! Losing sleep for sure!

@Sherwin Gonzales thanks so much for the comment!  I agree that managing one larger unit is a lot easier. I want to scale up but I am not exactly sure how to accomplish that with only $170,000 in cash. 

@Matt K..... what are the guidelines. Do you have to hold the property for a certain amount of time?  I thought it just had to be a like kind exchange? 

will do @Bill B.  I am keeping my eye out for some fix and flips as well. My husband is a contractor so I am open to fixer uppers. 

Yes. It is being held by an exchange company. I am leaning towards using it as a down payment for a much larger project. Thanks for your advice!  

I am an experienced real estate investor.  I own over 70 rentals, but have primarily had a buy and hold strategy.  My husband and I have been trying to build our residual income.  We recently sold an 8 unit apartment complex that we built.  We have about $160,000 in profit from that sale.  I have not done a 1031 exchange before, but I feel that reducing my tax liability is a good idea.  All 70 rentals that I own are located in Butte Montana.  I was born and raised there and know the market very well.  I have recently moved to Las Vegas, NV.  It is a very competitive market in Las Vegas but at the moment it feels stable.  

I am looking for thoughts and input on what I should do with this 1031 Exchange money.  Should I continue to invest in the market that I know, but is now a long distant investment?  Should I branch out to this new market in Las Vegas?  Should I try and purchase a much larger investment and use this money as the downpayment?  I have been listening to at least 3 podcasts a day from Bigger Pockets and my mind is reeling with all of the possibilities and strategies.  So many viable options and I guess I am just looking to learn and grow from someone that may have more experience and expertise in this aspect of investing than I do.  Any insight or thoughts would be much appreciated.  Thanks!

I am a real estate agent and my husband is a builder.  There is a dire need of townhouses in our community.  We are looking at doing a development of 45 town homes and are seeking financing for this project.  Feel free to reach out if this is something you are interested in.   We have 13 years of real estate investing experience, own over 70 rentals, and I own one of the largest real estate companies in our community.  

Real estate broker here in butte Montana. I own 55 of my own rentals and we are currently building and acquiring more. I also do property management through my brokerage. Would love to meet up with like minded individuals and collaborate. Also, looking for investors to do deals with. Hope to be on this forum more!

I am a seasoned real estate investor in Montana.  I own 55 properties here as well as a real estate company.  I am a Broker and we also do property management.  Currently under contract on an 8plex with great cash-flow and we are also purchasing it under value.  Looking for a private money lender that would be willing to finance $150,000.  We are willing to offer collateral of other properties that we currently own.  Please let me know if you are interested.  We have excellent references and have done several private money deals in the past.  Thanks!

Multiple properties. I am working on this option.