From: "SteelVest" 
Newsgroups: alt.invest.real-estate
Subject: Re: Do those 1031 Exchange, TIC managed properties good investments?
Date: 21 Jun 2006 07:13:10 -0700
   posting-account=36SKpwwAAAC4iaVgVaXf6nO0f05L_ThM

Costs are VERY HIGH - about 20 - 23% of your cash is eaten up in sales
loan, commissions, legal and accounting fees, promoter's fees, etc.
Also property is many times over priced (so if the market falls - LOOK
OUT).  Many private deals (without the front end costs and where you do
not over pay for the property) are better deals.

All the Best!
GJG
George J. Garcia, J.D.
Chairman / Manager
Steelton Land Company, LLC
Real Estate Principal
185 Newberry Commons #214
Etters, PA 17319-9362
Tel:   717.506.0555
Fax:  717.506.0639
www.Steelton.net
GJGarcia@Steelton.net

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Jack wrote:
> I see numbers like 8% cash flow and 20% overall return (including
> appreciation) per year sounds too good. What's the catch other than you need
> to do a 1031 every 5 or 7 years.