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322: Finance Friday: Living Paycheck-to-Paycheck with 9 Rental Properties

BiggerPockets Money Podcast

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Ten 31 Exchange

Get a qualified intermediary ahead of time. Do not close on the first property until you have found the second property. The decision whether to sell or not comes from your alysis. If its cash flowed negative and it's going to take significant money out of your life every month for the next ten years, i would recommend selling that property im regardless of whether you're able to complete a ten 31 exchange. Cotcha otham, well, pam, this was a lot of fun. I think there's multiple people in a similar position where they think that their property is a rocksar property, and yet they can't really figure out why it's not quite as rock starry

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