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Purchase St. John Villa or Condo #61630
07/12/2015 08:37 PM
07/12/2015 08:37 PM
Joined: Nov 2008
Posts: 111
Northeast Texas
FesserNohair Offline OP
Traveler
FesserNohair  Offline OP
Traveler
Joined: Nov 2008
Posts: 111
Northeast Texas
I have clients with substantial 1031 proceeds to reinvest. One possibility they want to explore is a St. John villa or condo. Couple questions:
1. Some internet sources indicate that St. John real estate prices took a substantial (30% -/+) dive three years ago and have stayed steady since. Is that info good?
2. Can anyone recommend a real estate broker (or other source) which can render macro and micro advice about St. John residential real estate investments?
3. Can anyone recommend any other resources for getting educated about such topics (other than making an unwise investment)?

Fesser


If these questions are inappropriate for this forum, please forgive,

BVI Sponsors
Re: Purchase St. John Villa or Condo [Re: FesserNohair] #61631
07/12/2015 08:56 PM
07/12/2015 08:56 PM
Joined: Jan 2007
Posts: 1,277
Saint Thomas, USVI
CaptainJay Offline
Traveler
CaptainJay  Offline
Traveler
Joined: Jan 2007
Posts: 1,277
Saint Thomas, USVI

Les Otis


Les

Re: Purchase St. John Villa or Condo [Re: CaptainJay] #61632
07/12/2015 10:18 PM
07/12/2015 10:18 PM
Joined: Oct 2004
Posts: 1,951
St. John, USVI
RickG Offline
Traveler
RickG  Offline
Traveler
Joined: Oct 2004
Posts: 1,951
St. John, USVI
Yep, Les Otis has worked with a half dozen people we know. Gretchen Labrenz is another person who has been in the business a long time.

Cheers, RickG


S/V Echoes, 2003 Beneteau 423
Grenada
Re: Purchase St. John Villa or Condo [Re: FesserNohair] #61633
07/13/2015 09:48 PM
07/13/2015 09:48 PM
Joined: Sep 2001
Posts: 5,884
St. Thomas, USVI
Nutmeg Offline
Traveler
Nutmeg  Offline
Traveler
Joined: Sep 2001
Posts: 5,884
St. Thomas, USVI
My guy at Sotheby's: Corby Parfitt <img src="http://www.traveltalkonline.com/forums/images/graemlins/Thumbsup.gif" alt="" />


[color:"red"]NUTMEG[/color]
Today is the tomorrow you talked about yesterday.

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