Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Tuesday, June 9, 2020
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Many seasoned real estate investors have achieved this goal by single tenant triple net investment properties. This has been the go-to super secure place to 1031 exchange your real estate investment capital gains for decades. They range from Burger Kings to Dollar Stores to CVS Drug stores and many other single retail tenant operators.
But today, with retail being hit by both protests riots and Covid-19 retail curtailment, this industry is on shaky ground.
I would love to speak with anyone considering a 1031 exchange into a "passive" investment. The play is still good, but the choice in where, when and what to buy is key. Let's plan and execute for your best financial outcome. #realestate #1031exchange #investmentproperty #cre