Otra Vez Investments 1031 Qualifed Intermediary and Real Estate Education Services
Expertise
As an investor, it is of the utmost importance to have someone of knowledge, experience and integrity serving as your Qualified Intermediary. As founder and president of the Largest private Qualified Intermediary company in the Southwestern United States, Bill McCoy closed hundreds of tax deferred exchange transactions each year from 1992 to 2005, when he sold his interest in that company. Since 2005, he has continued to serve as a Qualified Intermediary for 1031 exchanges of real estate investments through his company Otra Vez Investments, which handles more than 100 transactions per year.
Reputation
Bill McCoy is now focusing on 1031 Tax deferred exchanges and real estate investment consultation. He has created many successful businesses in his 40-year career in real estate. He is also an author, a respected real estate educator, and provides litigation support as an expert witness in Real Estate matters throughout New Mexico. Bill is a well respected and sought-after expert in his field.
Quality
Otra Vez 1031 LLC provides high quality qualified intermediary services. All client funds are kept in segregated FDIC insured accounts. Bonding and insurance are in place for client peace of mind. We can provide services throughout the United States and meet all licensing standards in every state.
Our back office functions are handled by state of the art software provided by Exchange Manager Pro (r) .
What we’re all about
Bill McCoy is now focusing on 1031 Tax deferred exchanges and real estate investment consultation. He is assisted daily by his wife of 45 years, Jody A. McCoy who has 20 years experience in Real Estate Education and now 5 years as administrator for 1031 exchanges . Bill has created many successful businesses in his 40-year career in real estate. He is also an author, a respected instructor in real estate education throughout New Mexico and a sought-after expert in his field.Bill, a New Mexico native, founded Bill McCoy Realty in 1985, and in 1992 founded what would become the largest privately held provider of qualified intermediary services in the Southwest.In 2005 Bill sold his interest in the qualified intermediary company and bought a share in JR Realty Inc. with the intention of growing the organization. In two years as Chief Financial Officer Bill helped build JR Realty from two offices and 35 agents into one of the largest independent real estate operations in New Mexico, with five offices in four cities and two states and a sales staff of over 100 agents.Bill continued to provide qualified intermediary services through his new company, Otra Vez Investments. JR Realty was bought by Prudential Sandia Real Estate in 2007. Bill stayed on to help with the transition and was then asked to remain as Chief Operating Officer. As COO Bill oversaw operations for Prudential Sandia’s five Albuquerque offices through 2011. During that time of Bill's service, revenues increased five fold.Bill served on the New Mexico Real Estate Commission Education Steering Committee for over 20 years, was the Dean of Real Estate Instruction for Kaplan Professional Schools for over 10 years and now owns the Center for Advanced Real Estate Studies. He is also the author of numerous books used for real estate education throughout New Mexico and the US, has provided analysis on real estate matters for the New Mexico State Senate Legislative Finance Committee, New Mexico State General Services Department, and provides services to the legal community as an expert witness in real estate cases. In 2019 Bill finished a seven year term as Environmental Planning Commissioner for District 9 in the City of Albuquerque, New Mexico.In their spare time, Bill and Jody have many hobbies, including glass blowing, stained glass work, pewter casting and travel.SInce 2005 Bill is concentrating on education and real estate consultation. You can reach Bill directly by calling 505-250-7076.