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Updated over 4 years ago on .
Apartment Case Study: 70 Units to 100 Units with 1031 Exchange
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- 11/04/20 07:00PM - 09:00PM America/Los_Angeles
- https://us02web.zoom.us/j/86399442580
- Free
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Omar Ruiz and Jeffrey Spindler are founders of LeRu Investments LLC, a real estate investment company established in 2006. Over the years they've bought and sold apartment complexes in three different states and will share their experience and knowledge.
They will be talking about their recent apartment transaction that involved selling a 70 unit apartment complex in the mid-west region to buy a 100 unit apartment community in the southwest using the 1031 exchange method. It was a highly complex transaction and they will share the following:
• Why they decided to sell their 70 unit apartment complex in the mid-west.
• How we found a great deal and leveraged our lender relationship to be the buyer of choice.
• The preparations done ahead of time to make the 1031 exchange successful.
• How they performed due-diligence during the covid pandemic
• How covid helped us on the 1031 exchange timelines
• How we helped investors defer their capital gains taxes by including them in our 1031 exchange and the mechanics of how it worked.
This will be an informative presentation covering an important topic for wealth building with real estate investing.
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About the Meeting...
November 4th, Wednesday
6:45 - 7:00 pm: Login early for NETWORKING & Videos
7:00 - 9:00 pm: Zoom Presentation
Meeting ID: 863 9944 2580
Join Zoom Meeting Link: https://us02web.zoom.us/j/86399442580
Meeting ID: 863 9944 2580
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Meeting ID: 863 9944 2580
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As usual there will be no sales pitch of any kind. We pride on the FIBI philosophy: "Bare Bones Real Estate without the hype and without the BS"