Would love to bring more education to the OKC market.

He said he understood but I doubt he got it.Frank never said that Pace Morby was directly involved in this deal, but he acknowledged this is where he’s being educated and meeting colleagues.

Going through hard knocks at the beginning is called education.

Hello all. Hope I can learn some good information on here.

That is MUCH harder to do from a distance and when your personal experience may be with newer homes that don't have issues like this.

If it is not zoned for multifamily and the city has no plans to update that subdivision, you may want to chalk this up to an educational expense.

we build ground up and don't collateralize anything. we build at a discount in Columbus Ohio and we build cheaper than every builder I've seen in our market and because of that we make each person self fund a retainer account. we don't extend any credit to anyone. opposite of what you are saying. builders that bring value call the shots. 

The IRS has a “same taxpayer” requirement for tax tracking – if the same person or entity is exchanging, it’s easy.If not, we’ll have to bring in our structuring attorney to ensure the right steps are taken to maintain 1031 eligibility.

I have asked if someone is teaching this offer structure and one person said it's common in land and the other explained it as a win-win situation. 

I personally know this landlord and have had sit-down conversations with him periodically over the last few years.