All Forum Posts by: Loretta Gray

100% but rarely are ones that fit in the DC area if all you have left is the 1031 boot and there aren't any properties that fit your strategy. I think a DST is a great holding location until a more active one pops on the market.

 My friend's broker is Petra 

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Investment Info:

Condo buy & hold investment.

Purchase price: $180,000
Sale price: $180,000

2 bed, 1.5 ba condo in Alexandria. Decent place, condo fee low for ALX, pool community, 2 parking spaces. Owner bought for $24k and sold for $180k, had same sec 8 tenants for almost the whole time.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $85,000

SFH, 850 sq ft, nice lot, two adjacent vacant lots, 3 bed, 1 ba, garage, septic, fully fenced, city water, sidewalk. Needs $20k ish in rehab, should rent for $1200 after rehab bc of area

I'm going to be putting my 2023 schedule together for Real Estate Licensing Classes in Virginia and Florida.

I'm currently in Alexandria, VA, and will likely be teaching the Virginia courses on Zoom and the Florida courses in Old Town. There's a Florida technicality for teaching in-person vs zoom, but there have been a lot of requests for Florida, apparently.

If you're interested, give me a shout at my contact info below or reply to this post.

Nothing will start until January 2023, but it's good to get it on your calendar now.

I will also have some starter investment classes for anyone who wants to get their feet wet in the investing space.

Loretta Gray

I don't know how many of you are having an issue finding like-kind properties for a 1031, but if you're interested in trying out a DST (Delaware Statutory Trust), I'd be happy to connect you with an SEC-licensed broker to find a good DST.

Clearly, there are guidelines and min. investment amounts, but it is a great way to shed that 1031 boot or to avoid Tenants, Toilets, and Taxes.

Just yell. 

More options are better than fewer & if a bunch of people are interested, maybe a zoom would be fun.

Loretta Gray

Associate Broker, Long and Foster

Licensed in VA, DC, & FL

I haven't hosted one since covid started but it's probably about time to fire one up again. There are a couple of opportunities in the market. Hopefully more around the corner

Loretta

Absolutely, but I don't post referrals on public sites because I only share other people's contact info privately. Happy to chat though. Call anytime.