San Diego, CA · Member since 2017 · 4 posts · 1 vote
Starting my 1st 1031 exchange and contacted a local company that had posted on BP several times. Met with a representative and before I wire this company a large portion of my net worth I would like to see if anyone else has experience working with them.
Exchange Resources, Inc.
3570 Camino Del Rio North
Suite 100
San Diego, Ca. 92108
Thanks
Lee
As an Apartment Broker in San Diego - I have done multiple 1031 exchange transactions with Exeter 1031 Exchange. They are well known in San Diego and other cities in US, have a great reputation, and are very responsive. Here is a link to their website. http://exeter1031.com/
Following, I recently had an attorney in NY try to steal the money in my opinion. Nine days he couldn't confirm the wire transfer....until I called the FBI....who turned out to be useless but still.
First question, why is a title company not handling the transfer of funds and escrow accounts? I would be leery of any private company requesting my funds go through them instead of a legitimate and national title company.
I would also check with some local title companies in the area. Ask if they have ever heard of him, his company, and see what their response is. If he is doing 1031 deals all day long, the title companies should know of his team's work.
As an Apartment Broker in San Diego - I have done multiple 1031 exchange transactions with Exeter 1031 Exchange. They are well known in San Diego and other cities in US, have a great reputation, and are very responsive. Here is a link to their website. http://exeter1031.com/
As a fellow apartment Broker in San Diego, I second @Doug Taber and his great recommendation. They are one of the best. Good luck with your exchange @Lee Eckert!
We have done thousands of 1031 Exchange transactions across the United States. We do not commingle funds and each client receives a separate FDIC insured account. We are a member of the FEA and do continuing education for the CPA Associations and Bar Associations. I would be happy to PM anyone references upon request. Every exchange company listed in this thread is respected and looking to provide real value for investors. I wish everyone successful investing! :)