Listener 1031 NNN Questions
Manage episode 309333421 series 3031258
Today I answer a listener’s questions related to 1031 exchanges and triple net properties. I also give a quick update of a couple recent NNN deals I worked on including a Walgreens, CVS, Pizza Hut and Family Dollar; all of which were 1031 exchanges.
Here are the listener’s questions, we will call him “Dave” to protect his privacy:
“We are reaching out to you to hire your services to find 1-2 income producing commercial properties totalling approx $5MM .
I listened to all of your podcasts (1031 Navigator). I visited your website and wanted to ask you the same questions that you suggested on your podcast! and a few others.
1) How long have you been doing 1031s?
2) Are you CCIM and/or SIOR?
3) Are you a member of local or national organizations?
4) What deals are you currently working? (we're looking for apartment buildings Class C or better, NNN or absolute NNN Commercial Income Producing Properties)
5) Should I educate myself in a certain area, website, read a specific book while doing the 1031 exchange? Or do you or someone in your office offer explanations or education on how our potential purchase is evaluated?
6) I noticed that you asked me if I was representing my family as broker/agent. Just want to know why and if that effects our relationship / deal preference etc...
7) How will you be getting paid, by the listing agent or the buyer?
8) What is typically the 1st income producing property that your clients, who have little property management experience, exchange into and feel comfortable with?”
Thanks for listening!
--------------------------
1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.
Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.
1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states.
1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.
For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com
63 פרקים