A 1031 "Real Deal" - Client compares NNN v. value add properties for 1031 Exchange
Manage episode 309333405 series 3031258
Thomas is joined by client and friend Greg Totten of Trived Investments to discuss $5.7M worth of real world deals involving 1031 exchanges, triple net Dollar General and value add properties.
Topics in order of discussion:
- what is the best 1031 exchange replacement property - deciding on NNN or other types investments - value add deals - the importance you "investor profile" or "buyer profile" - balanced real estate portfolio - equity appreciation - mailbox money and passive investments - Dollar General NNN / triple net property comparison - high credit / solid tenants - NNN downfalls - "force appreciation" on 1031 investments - buy according to your goals - zero phone calls and only one letter - "hands off investment" - no maintenance oversight - peace of mind investment - why low rent per square foot matters - triple net lease length - NNN cap rate movement - location due diligence - selling a triple net property - NNN lease "sweet spot" - extending triple net leases with tenants - additional depreciation techniques - refinancing triple nets - "double dipping": yield, security, low risk, amortization, depreciation, cash out, reinvest in higher yield deals - "value add" types of real estate investments - vacancy, below market rents, upside, cap rate differential - real estate "gravy" - NOI growth: increasing income, lowering expenses - finding deals that are mismanaged - having fun and creating value - "boring" triple net leases LOL - 2X'ing equity and then doing a 1031 exchange - why you have to look at a lot of deals in a 1031 exchange - why a great team matters - selecting a 1031 qualified intermediary - 1031 exchange process and overview - two 1031 tricks - when to start looking for 1031 replacement properties - "early and aggressive" while shopping for 1031 replacement properties - doing due diligence early and being done within the 45 day 1031 id period - why due diligence matters and what to do - loan terms and how to finance deals - Trello for real estate - what is the property "story" - what value add deals are not for everyone - risk considerations - self managed v. professional management - the cost of professional management - calculating "real" expenses and verifying expenses - downside considerations - Greg's multi family and real estate investing experience - available investments @ www.trived.com - summary - tips, red flags, words of wisdom for your 1031 exchange from Greg
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Thanks for listening! Your host, Thomas Morgan, CCIM 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. NNN properties provide low risk passive income.
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 1031 exchanges into 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
As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.
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