All Forum Posts by: Vishal Taylor

Thank you all for the responses. Personally, I would prefer to be a passive investor at this point :-)

Hello All,

Need your help….I am selling my rental property in FL on Monday. I am moving the money to 1031 intermediary till I decide what is the best option. House is selling for 660K with 300K in outstanding loan.

Few options:

• Pay 50K in taxes and put the remaining money in VTSAX (Vanguard fund)
• Roll the money into 1031crowdfunding.com or kpi1031 or something similar in 3 different properties and get around 5% monthly cash flow
• Pay 50k in taxes and put the remaining money in Norada Promissory note to get 15% monthly cash flow (I am accredited investor)
• Buy a turnkey property for 660K to 1M – preferably a duplex/fourplex. Not really seeing any inventory so if you have any leads/recommendations would be really helpful.
• Do a syndication deal, but I am not too familiar with it ☹

What would you do? Any other option that you can think of?

Thank you All,

Vishal

I am selling a house in FL for around 650K (bought for 450K). Tired of condo commandos :-)

My options:

1) Sell it outright, pay taxes (around 50K) & put the money in REIT or S&P 500

2) Do 1031 exchange. I like what 1031crowdfunding.com is offering. Has anybody used them? Would love any feedback for them.

Let me know what you think is the best option :-)

I am new to BP and finally moving towards getting into Multi-Unit (6-12 Units) . I am in Westford, MA and would like recommendations for the following: 

1. Lender
2. Multi-unit Inspector
3. Realtor
4. property Management company.

I have few properties in mind locally but would be great to talk to someone who has done this before.

When is the next one?