I’m in the early stages of my real estate journey and joined Bigger Pockets to connect with other investors, learn from people with more experience, and surround myself with individuals who are actively growing in this space.My background is in renovations, and I run Precise Home Renovations LLC, which has given me a strong understanding of construction, materials, budgeting, and project management.

@Lisa Lucero, what you are referring to is what we call a diversification exchange, when you sell one investment property and 1031 exchange into multiple smaller investment properties.

@Nate Edwards, It's called exactly what you termed - a consolidation exchange. 

Hello Becca,While 1031 exchanges always have strict timelines, we developed a process that minimizes the time risk after completing over ninety exchanges.

Would that translate to a "signed lease agreement" and exchange of keys?

I’m excited to connect with other investors in the area, learn about the local market, and exchange ideas and experiences with like-minded professionals.I’m looking forward to learning from the community, discussing strategies, and gaining a better understanding of investing in Ohio.Thank you, and I’m excited to participate and contribute!

Hard to say precisely without details, but foreign buyers usually have more luck with asset-based lenders instead of traditional banks.

You can’t buy the land before the exchange because you need to do the exchange for the land and/or building.

They're not limited to specific tasks, but they're not handing massively complex, multi-step, multi-touch point tasks with 100% precision either.

I will be buying new or very new homes or duplexes with a 1031 exchange.