Please see the file entitled multi-leg real estate exchange. This is courtesy of The Society of Exchange Counselors (SEC). You can find thier website at www.secounselors.com
Here is the link http://www.slideshare.net/ronseay/multi-leg-transaction-formulas or click the follwing link:
you can also download the pdf file from the mybox section on the righthand side of my blog. Just look for multi-leg transaction.
What is a mulit-leg real estate exchange? It is a series of exchanges that allow you to take your real estate from where you are to where you want to go. How do you make something like that happen? With lots of flexibility and patience. You need to be able to move into assets that may not exactly fit your needs at this current time. They may not be the best fit for your long term financial plan. They may not even be in this country! They are simply a way to go from where you are to where you want to be. You need to be able to answer the question, “What else can it look like?” Have you heard the story about 1 red paper clip?
One of the things I want to do this year is grow my business. So I began looking for opportunities to invest and to put together another group investment or syndication. I found a small apartment complex in one of the communities close to my home base and decided to go and look at it b/c it was a screaming great deal!
it is a property that is dirty and ugly. Need an example see below.
Why would someone own this????
do you know who the society of exhange counselors are? If not please call me as these are the people who put the C in Creative Real Estate. Check out he latest updates at their website http://www.secobserver.com/
Do you need a solution to a real estate problem call me at 512-689-6742 and lets discuss how I can help you apply some of the creative concepts that make the society of exchange counselors to Doctors of Creative Real Estate.
Many people work on thier goals for the new year around this time so I thought it would be great to share some of the tools that I use to help my cleints, friends, and family go to the next level in thier goals/planning
PURPOSE AND VISION
I have added a few files to my media liabrary that are adobe pdf files that you can use to help you create a summary of your purpose. Continue reading Planning for 2010
Freddie Mac sees rates headed to 6 percent by end of 2010 – CNBC.
How are higher interest rates going to effect your investment? How will they effect other investors who are in trouble? What opportunities are you going to see if interest rates go up and up and away? Do you have any idea how many properties have financing that is going to blow up those investments? Are you in a situation that if rates go up you will blow up?
Do you have a strategy to deal with higher rates in your investment life and the life of those around you? If not please call me at 512-689-6742 and we can discuss how you can position yourself to survive, thrive, and capitalize on this environment!