THE PROCESS
1031 & Done Process
THE PROCESS
The 1031 & DONE exchange process is structured to minimize risk and potential pitfalls while maximizing resources to yield the best scenario for the client
| STEP 1 | THE CALL Preparation is 90% of the work. On our initial call, we will qualify you and identify your preferences, including specific markets, property types, debt requirements, down-leg timing, tenant preferences. We |
| STEP 2 | CLIENT PREP Answering any follow up questions about the process and establishing a strategy and timeline for the exchange. |
| STEP 3 | THIRD-PARTY SETUP Introduction to third party vendors such as exchange accommodators/intermediaries, mortgage brokers, attorneys, environmental engineers, surveyor, title/escrow etc. |
| STEP 4 | SOURCING Searching the market for both listed properties, as well as leveraging our industry relationship to access a list of off-market properties nationwide, ultimately providing more choice for a higher chance of improving the client’s investment position. We typically look at 500+ properties before identifying a dozen strongest candidates and sending for review. |
| STEP 5 | TRANSACTING Writing letters of intent, negotiating and managing all parties involved (attorneys, mortgage brokers, lenders, title/insurance, surveyors, environmental engineers etc.). AGM provides support and guidance through navigating the entire transaction process to ensure the deal comes to a successful close |
| STEP 6 | CELEBRATING! Celebrating a successful transaction and your new investment with you. |