In this podcast, you’ll learn:
Exchange- is the ability to trade real estate in one set of benefits in real estate to another set of benefits in another piece of property
What is a 1031 Exchange?
You need to be a License Broker to do Exchange
What is a Client Counseling?
Different Exchange Groups:
- National Council of Exchangers (NCE)
They meet once a year in April at Las Vegas
Visit their website for more info:
- Society of Exchange Councilors
What is a Starker Decision?
Key to Exchanging is Client Counseling
Step 1 Counseling
Step 2 Formulas
We can apply Exchange in the syndication place in a number of ways
2 type of people in real estate:
- Looking to invest for profit in real estate
- Looking to make money off real estate and want to provide a service
In exchanging you don’t have to raise money by using debt and the equity
Exchange Formulas – take certain benefits and combinations to get people where they wanna go
What is the Creation of Wealth Formula?
How does 1031 Paper work?
Anything you can do with cash, you can do with a promissory note including the 1031 Process.
Blake’s Intro to Equity Marketing for Investors course:
To connect with Blake, email him at firstname.lastname@example.org
FREE GIVEAWAY: Learn how you can implement the Fix & List strategy by watching Eric Young’s free video lesson at (https://www.fixandlistsecrets.com)
*And please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode (https://podcasts.apple.com/us/podcast/creative-real-estate-podcast/id1285094279)