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Arnold Alves
Retired
Granite Bay, CA

“I’ve been around for awhile and I’ve dealt with a lot of people and you stick with the ones that you know are going to tell you the truth,” said Arnold Alves, a tenant-in-common (TIC) investor who began working with Robert Smith of Oregon 1031 Investments in 2002.
Arnold is an active retiree who lives in the Sierra foothills just outside of Sacramento, Calif. with his wife Agnes. He has completed several 1031 TIC-type investments as well as several direct equity investments in other properties.
“In 1031 exchanges you’re under very strict IRS deadlines and time is very important. Robert has been very proactive in seeking out opportunities and extremely responsive,” Alves said. “I think very highly of Robert; both on a business level and on a personal level.”
Members of Alves family, including two of his four daughters, have also worked with Robert to discover investment opportunities. When Alves’ grandsons were called up to serve in combat units in Iraq, Robert and his wife Lynn reached out to the Alves family on a more personal level. The Smiths sent regular care packages filled with books, food, magazines and CDs to the enlisted men.
Described by Robert as “probably the single most knowledgeable real estate investor we deal with,” Alves has a broker’s license and has decades of experience in real estate.
“The bottom line is, you go with a broker that produces,” Alves said. “We’ve worked well together in the past and I plan to do more business with Robert in the future.”
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 Robert S. Smith, of Oregon 1031 Investments, is a licensed representative with Pacific West Securities Inc., which is a member of the Financial Industry Regulatory Authority. FINRA is the new oversight authority, created by the merger of the New York Stock Exchange and the National Association of Securities Dealers. Pacific West is also a member of the SIPC, the Securities Investor Protection Corporation.
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