SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (38287)8/9/2005 10:42:11 PM
From: shades  Respond to of 110194
 
Thanks for the speedy reply, here was the literature on some office building in texas - cap rate disclosed as 7.5%

Message 21588581

I will check out the fidelity folks - can't have this screwed up, already having nightmares of tax man hitting me up for tax money I will have already spent - hehe. Thought there would be more people in clearwater, fl area familiar with this, but there are only a few folks and unless you have several million dollars to invest they kinda laugh at me with only a measly 400K.

Reminds me of my redneck buddy in south ga - local farm boy - got rich in semi wrecker service, auto dealerships and mobile home parks - worth about 20 million - big money to us redneck types you know - called goldman sachs back in 99 and offered to invest a few million if they get him into the good IPO's back then, they kinda laughed at him and say we understand a few million is a lot of money to you, but 50 million might get you into the door - he was not used to being laughed at with his measly 20 million - hehe.



To: Broken_Clock who wrote (38287)8/10/2005 2:04:49 AM
From: Elroy Jetson  Respond to of 110194
 
I would second the suggestion to use ONLY "bonded" companies for 1031 exchanges or personal financial management. Very few are bonded.

Many firms or money managers will say they are insured, but this protects them if you sue them - it doesn't protect you if money is stolen.
.