Start your membership account today...  Access to credit reports, 100's of rental specific forms, agreements, letters, checklists, how-to articles, guides, expert advice and much more!  Even a FREE, 3-day trial!

Not a Member?
Get a Free Trial Membership

  Get FREE Stuff! Run Credit Report Rental Forms  Shop & Buy Forms!  Advertise Your Rental Customer Care

Welcome to's Discussion Forum
Register Latest Topics

  Author   Comment  

Posts: 1
Reply with quote  #1 
Hello, my name is Alex I fell into the real estate business.

My father ran a successful business for many years, sold it, retired and invested into two 1031 exchange properties. One property is a CVS store in Georgia. The other is an Advanced Auto store in PA. Both are good, profitable locations and triple nets.

He and my mother have lived on the income from these properties through their retirement. They've gotten on in years. He has Parkinson's disease, and I take care of both of them now.

In a little over two years, the leases for these properties will end. I don't know what the tenants intend to do. I get a sense that I should start working on this. I have very little commercial real estate experience and I joined this forum to see if I could get some ideas on how to address this matter.

Do you have any experience with 1031 exchange properties at the end of their leases?

If you were in my shoes -

1)if you owned two 1031 exchange properties and their leases were coming due in two years...
2)and you needed to do something safe to assure a steady, reliable income stream...

What would you do?
What steps might you take?

Any suggestions to help get me started would be appreciated.
Previous Topic | Next Topic

Quick Navigation:

Easily create a Forum Website with Website Toolbox.

Apartment Finders > > Member Log-in > Free Trial Offer > Free E-newsletter > Customer Service > Get Free Stuff! > Run Credit Report > Rental Forms > Vacancy Center > Do-it-yourself > Evicting Your Tenant > Foreclosure Resources > Landlord Discussion Board > Income Tax Resources > Information Center > Join > Landlord Law > Library > Multi-family > Professional Advice > Rental & Property Mgmt > Rent Collection > Repair & Maintenance > Security Deposit > Software Center > Tenant Screening > Vacation Homes > What's New > Rental Agreements > Free Leases > Inside Our E-store > > Security Deposits > > Landlord Daily News > Rental Agreements > Resources: Cleaner Sunshine coast