Name: Warren Gomberg
Title: Principal
Company: Gomberg Financial Services
Location: 196 Pleasant St., Marblehead, MA 01945
Place of birth and year: Brooklyn, NY - 1953
Family: 23 year old son, fiancé Gina Khan
College: Northeastern University, BA Business
First Job Outside Finance: Wilk & Welch, rental sales, selling condos
First Job in Finance or Allied Field: Originated 203K Rehab loans for investors
What do you do now and what are you planning for the future? We specialize in financing apartment buildings and have closed over 426 commercial loans over a 14 year history. Fannie Mae a specialty. Deals harder to do now with what we do. Current federal regulations. Banks are more cautious.
Hobbies: Fish, finding interesting ethnic restaurants
Favorite book: "Winning through Intimidation" by Robert Ringer
Favorite movie: "Field of Dreams"
Key to success: Hard work, have a passion for what you do
If you were forced to choose another vocation what would it be? Landlord
Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)
In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.