investment: Real Estate Investment Goes Bust - Real Estate News - Mountain Home, ID
- 10/05/07 08:15 AM
I'm not quite sure how to handle this (true) story. I'll try to do so with sensitivity and dignity but..... Several Boise investors were among those victimized in a $95 million dollar scam where a "1031 Exchange Accommodator" (more about this later) took the investors' money to purchase businesses for itself - specifically breast implant manufacturers in Great Britain and France. The company, Arrow 1031 Exchange (a subsidiary of Southwestern 1031 Exchange) allegedly lifted and separated the money from the victims over a period of several years but were able to repay accounts until the breast implant industry went flat. In … (1 comments)
investment: "Fixer Upper" or "Budget Buster"? - Real Estate - Mountain Home, ID
- 09/05/07 07:33 AM
Many of my clients initially express an interest in moving into a home that "with a little work" will result in a fat profit on resale. Although a few ultimately take the plunge (some successfully), most quickly realize that these projects aren't for the faint of heart. In hopes of helping the determined among you, here are a few hints to get you started. Fixer Upper Hint #1 - Please take your entire collection of "How to Get Rich in Real Estate" videos and books, soak them in kerosene and use them as bug lights. If the process was either as simple … (1 comments)
I'm not quite sure how to handle this (true) story. I'll try to do so with sensitivity and dignity but..... ;)
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