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All Forum Posts by: Account Closed

Account Closed has started 8 posts and replied 65 times.

Post: Qualified Intermediary Scam?

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34

Thank you, @Dave Foster, for your response.  We deal with some investors looking for qualified QIs.  Looking forward to referring clients to you and your team to handle their 1031 exchanges.

Post: I hate this website.

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34

You're right.  It's hard and taxing.  It's not for the faint of heart. Good luck.

Post: Qualified Intermediary Scam?

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34

I know a handful of 1031 Exchange Facilitators and QIs.  I've never known of any whom don't value their reputation and have strong customer service skills.  Let me know if I can help in any way.

Post: Valuation of Parking Spaces

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34

$100/month x 12 months = $1,200

Less taxes of $100, or $1,100 per year is the value.

Cap rates of solid, long term leased properties are around 5%, or a value of $22,000, per space, which is way too high.  A cap rate of 50%, would be $2,200.

But, these are parking spaces, which can only be used by the people working in the building, so that is a huge discount, in my humble opinion.  I would start at reimbursement for this year's profits, $300, and then add next years too.  Maybe a total of $1,500/ea, or so.  Thoughts?

Post: Using Adwords or Other PPC to Find Motivated Commercial Sellers

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34

We use Google Adwords to find TIC buyers for our commercial properties - we get a lot of hits to our website, but conversion rates are low.

Post: How do I find people with IRA money?

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34

All very helpful.  Thank you.

Post: Let's connect at the 1031 Advanced Seminar on Nov. 2-3.

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34

Who will be attending the 1031 Advanced Seminar on Nov. 2-3 in Phoenix, AZ?  If so, let's connect and network.  I'll me attending with our managing partner as a sponsor to the event.

See you then!

Post: 1031 exchange. Not full value - how is this handled?

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34

Sarah, let us help. 1031 Exchange boot is used to buy fractional ownership in our portfolio properties - always absolute NNN, single tenant buildings and 100% debt free. Small minimums, too.

Post: How do I find people with IRA money?

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34

I am a co-founding of a commercial fund, and we thought IRA investors would be interested in our product, but we can't seem to find them. We've done google ads, youtube ads, other social media ads, and we are coming up short.

Hoping to get some direction as to where we can find these investors.  Where should I start looking?

Post: Note Summit - Newport Beach CA 2017

Account ClosedPosted
  • Investor
  • South Jordan, UT
  • Posts 86
  • Votes 34
I've been. And we are returning this year!!! Can't wait.