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The Best Ever CRE Show

JF1517: Defensive Investing Using 1031 Exchanges #SkillSetSunday with Dave Foster

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7995 Ratings

🗓️ 28 October 2018

⏱️ 29 minutes

🧾️ Download transcript

Summary

Dave is back to drop some more knowledge on us today. He’s a 1031 exchange expert, probably the most active such expert on BiggerPockets. Today he’s telling us about what he calls, defensive investing. Curious what that is? Tune in now. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: “It’s an opportunity and a very strategic practice to begin to separate your debt and your cash” - Dave Foster   Dave Foster Real Estate Background: Has been investing in real estate for over 20 years Has an aversion to paying unnecessary taxes and helps clients avoid it too through 1031 exchanges Based in St. Petersburg, FL Say hi to him at http://www.the1031investor.com/ Listen to his previous episode here: JF566: The Skinny on 1031 Exchanges and How You Can Win!   Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com   Best Ever Listeners: Do you need debt, equity, or a loan guarantor for your deals? Eastern Union Funding and Arbor Realty Trust are the companies to talk to, specifically Marc Belsky. I have used him for both agency debt, help with the equity raise, and my consulting clients have successfully closed deals with Marc’s help. See how Marc can help you by calling him at 212-897-9875 or emailing him mbelsky@easterneq.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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If the market keeps going up for a year or two, which, hey,

1:08.9

I don't have Crystal Ball.

1:09.9

I hope it does.

1:10.5

It might.

1:11.4

It has before the past. you just never know but I

1:14.0

positioned myself so that it can sustain the downturn and still get some of the

1:18.3

benefit on the upside best ever listeners I'm so excited to share today sponsor

1:22.0

with you it's Eastern Union Funding and Arbor Realty Trust.

1:26.8

If you're in the multifamily space, you likely recognize these names, but have you used them? I'm guessing if you haven't, then you probably know someone who has.

1:36.6

I can tell you personally, we have used Mark Belzky. He is a point person at Eastern Union funding as a partner with us and he has helped us secure debt for actually a deal we closed on this month and we've worked with him in addition my clients my program my consulting program have worked with him to successfully close on deals

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When we were starting out Ashcroft is out, we had somewhat of a track record, but we weren't fully as established with our investor network.

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