SEATTLE, WA- Here at Pilot Ventures we are excited to announce our dedicated support for providing clients with long-term success with their 1031 exchanges.
Pilot Ventures recently had a client that owned a family-run real estate company that they had built over three generations. They had a large portfolio of multifamily properties that they self-managed, however, needed our services at Pilot Ventures to help them consolidate some of their underperforming, dated, and fully-depreciated properties. While allowing them to continue to manage their profitable existing properties they then had the ability to purchase new investment opportunities that would increase their returns. With our commitment and knowledge of the market, these clients were able to get top-market rate prices for the listed properties and find a lucrative investment opportunity that significantly increased their revenue.
A 1031 exchange can unquestionably increase cash-flow, reduce expenses, provide professional management, and so much more. With interest rates still fairly low historically, it’s a great time to exchange up while you can still lock in low rates and maximize your leverage.