Archive for April, 2008
New Procedure Provides Additional 1031 Exchange Guidance
A friend and colleague of mine, Jim Livesey, has been my goto guy for exchange information and advice. He sent me the following information about a new procedure that should remove some of the question marks surrounding what does or does not qualify for a 1031 exchange.
To qualify for a Section 1031 Exchange, both the [...]
What Are the Best Neighborhoods for Multifamily Investment
Location, location, location right? Or is it income, income, income? Some would say you don’t have one without the other but then the competition pushes down the return. So where to invest? There are a number of good choices in and around Boston but what I’d like to do is get location down to a [...]
23Apr2008 | Brecht Palombo | 0 comments | Continued
In a Market Like This You Appreciate the Occasional Pat on the Back
We recently sold a multifamily in Malden after it had been listed with another broker for MONTHS. This was an estate sale. We sold the property with competing offers in about 2 1/2 weeks. Meanwhile inventories in Malden are mounting and market times are approaching 6 months.
An expedited sale, when handled properly, will net [...]
E.C.
We aren't in bed with anyone at all and we love to meet competent professionals. Give us a call at ...
Hello Brecht,
I just wanted to say that this is a great article. I am so glad that the subject of ...
Hi Brecht,
Thanks for the article. I have a question about the inverse relationship between cap rates and property values. ...