Flock Homes’ Post

Name: Flock Homes on LinkedIn: #721exchange #realestate #retirement
Uploaded: 2024-06-13T23:25:49.976Z
Channel: Flock Homes

Flock Homes

2,772 followers

3mo

👪 “I was so impressed with the people at Flock, it just seemed like a no-brainer. This is like family." - Bob Baker, Flock client At Flock, we're on a mission to help longtime investors achieve their retirement goals and preserve their families' long-term wealth. But, when it comes to your real estate investments, we know you can't just take our word for it. Bob, a seasoned real estate investor, sat down with us to share why he trusts Flock Homes to preserve and grow his retirement nest egg. Visit www.flockhomes.com to learn more about how we're helping investors like Bob. #721exchange #realestate #retirement

Transcript

The thing that's probably made me the happiest about being with Flock is getting that management burden lifted from me and being able to retain the same cash flow. I was so impressed with the people that flocked that it just seemed like a no brainer. This is like a family. Hi, I'm Bob Baker. I've been with Block about a year and a half, and it's delightful to be here today. I grew up in a family that invested heavily in in real estate. In the early 2000s, we had the idea of moving out of one home and converting it to a rental. The breaking point was management. Like every time you went on a trip, you're wondering if the phone's going to ring, that something blew up while you were gone. So I was really looking for a way to lift that off my shoulders. I think I heard a flock on Facebook. Ohh, wow. 721 changed and I was generally familiar with that as a real estate attorney, Make it real simple. You're exchanging an interest in real estate for an interest in a limited partnership and I become a limited partner along with all of the other people that have a proportionate investment. To me, it was a kind of a dream come true that that I could do something without any negative tax consequences and get the management burden off, but retaining basically the same income flow that you had. It's just a win, win deal. Having that be predictable and reliable is just a wonderful gift. When I met all of you guys in the initial days, it just was very, very impressive and I felt like I could trust you guys. I've always felt that you guys are open to suggestions and there's definitely philosophy in the company then invites the input of the investors. The fact that you guys are still very human year and a half out, not just during the courtship days when you're trying to give me a board that saw your management team treating your employees well, I saw them. Being very willing to let a brand new investor like me walk across the hall and speak to your staff when they were having a meeting that impromptu just to say hi. I'm new to flock. Here's who I am. Keep up the good work. You know, it's like pretty much says it all. I I just would highly recommend you guys because you're doing a great job. We're leaving the management hassle being a landlord. You guys just took a lot off my shoulder.

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One of the things I truly appreciate about real estate is the ability to make an immediate positive impact on people's lives. Whether it's expanding their investment portfolio, easing a financial burden, or helping them secure their family's long-term wealth, it's incredibly fulfilling. Within my short time at Flock, I've already witnessed firsthand the tangible benefits that our 721 exchange brings to individuals' lives. If you're curious to learn more, give me a shout! #realestate #retirement #property #landlord #rentalproperty

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👪 “I was so impressed with the people at Flock, it just seemed like a no-brainer. This is like family." - Bob Baker, Flock client At Flock, we're on a mission to help longtime investors achieve their retirement goals and preserve their families' long-term wealth. But, when it comes to your real estate investments, we know you can't just take our word for it. Bob, a seasoned real estate investor, sat down with us to share why he trusts Flock Homes to preserve and grow his retirement nest egg. Visit www.flockhomes.com to learn more about how we're helping investors like Bob. #721exchange #realestate #retirement
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The 721 Exchange & Preserving Legacies

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