AREAS OF EXPERTISE
Vicki currently serves as the Accountant/HR & Office Manager for FactRight. Vicki brings 20 years of experience to this role that ranges from Non-Profit/Public to Small Business Accounting.
Vicki is fascinated by working with numbers and understanding the story they tell. She has worked in the Accounting industry her entire career, which has allowed her to embrace a fast-paced, high-demand environment.
Working in multiple client first roles has allowed Vicki to recognize and prioritize client needs. She understands and values all client interactions.
Outside of the office, Vicki enjoys camping with her husband and dog, hitting the ATV trails, as well as hitting the gym. She is also an animal lover, as she has a dog, two cats, and a leopard gecko.
- Rasmussen College, 2001
- Associates Degree in Higher Accounting
- Rasmussen College, 1999
- Associates Degree in Business Management
- Notary Public Commission
Recent Blogs from FactRight
- The 1031 Show Features FactRight's Brandon Raatikkaby email@example.com (Brandon Raatikka) on September 28, 2022 at 5:00 pm
One of the most prominent products in the alternative investment space in recent years have been DSTs/1031 Exchanges, which has grown to become an annual $8 billion to $10 billion industry. However, with recent trends in rising interest rates and cap rate compression for many asset classes, due diligence on DST programs in the market has never been more important. With that in mind, FactRight’s chief operating officer (and resident DST expert) Brandon Raatikka joined Ridgegate Financial’s Wallace Smith on the 1031 Show to discuss the importance of 1031 due diligence. The podcast, which you can check out below, covers several topics that broker-dealers and RIAs should consider when evaluating the 1031 space, including the following: The benefits of a third-party due diligence report Trends in the 1031 space An overview of DSTs and key benefits of DST investments Key differences between TICs and DSTs, including the Seven Deadly Sins A primer on 721 UPREITs Areas of focus for evaluating a DST sponsor
- FactRight's Annual Due Diligence Conference Takes Music Cityby Kate@FactRight.com (Kate Stephany) on August 31, 2022 at 6:46 pm
We came, we saw, we diligenced.
- What is ESG and Where is it Headed?by Julie Olsen on July 27, 2022 at 6:36 pm
- Evaluating Cap Rates Through a Due Diligence Lensby firstname.lastname@example.org (Kevin Kirkeby) on July 13, 2022 at 4:27 pm
I’m going to get this out of the way right now. I don’t know where cap rates will end this year, and certainly can’t predict where they will be in five years or in ten. What I do know is that cap rate compression has provided a notable tailwind to real estate performance for the past several years. With cap rates for most real estate sectors touching record lows during fourth quarter 2021, I also know that investors should be more closely analyzing each driver of projected investment returns and determining the margin for error embedded in each one. It seems unlikely that cap rates will be below current levels in five or ten years when investment programs currently on offer are looking for an exit.
- How Inflation and Interest Rate Increases Could Impact Real Estate-Focused Alternative Investmentsby Jeff.B@factright.com (Jeff Baumgartner) on June 28, 2022 at 4:19 pm
Inflation is running at 8.6%, and the Fed has been aggressively raising interest rates. It is now signaling that equally large rate hikes could be on the horizon as early as next month. The Fed’s dual mandate is to keep the economy at full employment while at the same time keeping inflation under control. During the time since the financial crisis of 2008, which includes the Covid-19 slowdown in 2020, the Fed’s primary focus has been on full employment (economic growth). Since 2008 we have witnessed massive government bailouts beginning with the TARP bailouts, to combat the financial crisis, and culminating with $4.6 trillion being spent through the CARES Act and other relief measures to combat the impacts of the Covid-19 pandemic. For more than a decade after the 2008 crisis, economic growth was stubbornly slow, and the pandemic did not help matters. For all the government’s efforts to grow the economy, real economic growth averaged a paltry 2.3% per year from mid-2009 through 2019, and actually contracted by 3.4% in 2020 before growing by 5.7% in 2021. Accommodative monetary policy in the form of quantitative easing, and accommodative fiscal policy in the form of government bailouts conspired to keep interest rates (the cost of borrowing money) low. Unsurprisingly, only because economic growth never really took off, inflation remained subdued. But much like waking up from a party that went on way too long, only to find silly-string on the furniture and a pizza spinning on the record player, what comes next may be sobering.