This Fall I purchased a house in Palm Beach Gardens, Florida as part of a 1031 exchange. This is my second purchase in Florida in 3 years, and twice I dealt with unscrupulous individuals from the same part of the world. I certainly do not think the people there are in general unethical, on the contrary. However, in both cases these were properties “bottom feeders” marketed.
I was attracted to both because on the surface it seemed that no major work will be required.
However, the more I looked at the last property the more I could see it has not been a (4 comments)