Impact 1031™
The Purpose-Driven Real Estate Investor
Has the means become your mission?
Is your real estate investment still serving its purpose?
Real estate investors: Sell or hold?
Wallace Smith: Well, one of the areas that we spend a lot of time in is helping people who’ve put together portfolios or properties. And a portfolio…
Wally: What’s the average length of the leases, your tenants that stay there? How long are they generally there? Mike Jones: Our tenants, our residents in our…
Wallace Smith: With the 1031 exchange business, we occasionally will do a reverse 1031 exchange. Somebody sees what they want to buy. They don’t have the cash…
Wally: One of the questions we get a lot from our listeners, from our clients is that they’re really trusting us to have their back to do…
Wallace Smith: Well, I know we’re jumping around a little bit, but that just reminds me. Zillow, what a force in the industry. And they made a…
Wally: Jason, can you tell us a little bit about how you go about finding properties? Obviously, you’re looking at these two sectors really focusing on senior…
Wallace Smith: Part of what we do on the 1031 show is we really advise people on how to handle the planning impact of their property, of…
Wally: Okay, great. Well, let’s start off with Patrick. Tell us a little bit about Inspired, about what the niche is, what your specific lane is, what…
Wallace Smith: Hey MJ, how are you? MJ: I’m doing well. Thank you. Wallace Smith: And what’s the company that you’re with now? MJ: I’ve been with…
Wally: Participants today, Patrick Lam, president of Capital Markets. Hey, Patrick. Jason, director of acquisitions. Mike Jones, director of underwriting and asset management. And Sly, where Sly?…