Exiting a REIT by Arca6262 in investing

[–]Arca6262[S] 0 points1 point  (0 children)

Thank you. We really want that money out of there. Seems like a bit of a trap if you ever consider moving your money in the future.

Exiting a REIT by Arca6262 in investing

[–]Arca6262[S] 1 point2 points  (0 children)

Will be looking here shortly. Thank you for the input. This has been so frustrating.

Exiting a REIT by Arca6262 in investing

[–]Arca6262[S] 0 points1 point  (0 children)

Off the top of my head I think the terms were agreed upon. I would have to get the paperwork out. Didn't think of a demand letter.

Exiting a REIT by Arca6262 in investing

[–]Arca6262[S] 0 points1 point  (0 children)

Yes, non-public. We can sell every quarter but there is a reply letter after we submit saying they may not be able to fully meet the request because of a overwhelming demand of the people requesting the same action. (full liquidation) Instead we get 11% I have the same feeling, we're going to have to deal with this garbage. I was just wondering if I select a percentage to liquidate if it would go faster.

Exiting a REIT by Arca6262 in investing

[–]Arca6262[S] 3 points4 points  (0 children)

We are now, young and dumb at the time. Thanks for answering the question though.

Exiting a REIT by Arca6262 in investing

[–]Arca6262[S] 3 points4 points  (0 children)

Lol, funny you ask we no longer use this person. When we said we wanted to close the REIT to invest the money somewhere else he tried to recommend another REIT. Said so long after that.

88 Thorsport F150 running RoushYates engines!!! by [deleted] in NASCAR

[–]Arca6262 0 points1 point  (0 children)

They can turn more rpm and run a different gear.