Kay Properties Podcast

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances of the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence, and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments.

In this week’s episode, Vice President Matt McFarland, Senior Vice President Steve Haskell, and Vice President Alex Madden sit down for a roundtable discussion on upcoming risks, high-interest rates, and more. Here’s what the savvy investor should be aware of as our market begins to show some warning signs. 

Key Takeaways:

[1:05] Risks and disclosures.

[3:35] Matt introduces Steve and Alex and today’s topic.

[5:35] Is it a dangerous time to invest right now?

[10:00] Are we facing another 2008 crash?

[10:45] We’re not going to know when we’ve reached the peak of the market until it’s already happened.

[14:15] There’s still a frenzy going on, just not as intense as it was a few months ago.

[17:20] Real estate is an expensive asset to trade.

[18:30] Banks are being unusually conservative right now. Alex explains why.

[22:40] With this market uncertainty, is now a good time to sell?

[26:10] There are still a lot of great investment opportunities out there.

[28:00] Despite the uncertainty, many investors are still up just by holding on to their properties for the long haul.

[28:40] Remember, with DSTs, you don’t have to buy within the same state as you. This gives you access to more up-and-coming markets.

Resources

Website: https://www.kpi1031.com/

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com 

Securities offered through FNEX Capital member FINRA, SIPC. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice.

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances of the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITs, funds, real estate, and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence, and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments.

In this week's episode, Tom Wall and Matt McFarland interview Chay Lapin, President of KPI about the case for investing in multi-family properties. Chay describes the Class-A and Class-B+ stabilized multi-family properties that KPI typically offers, why light Value-Adds fit well in DSTs, the reasons DSTs were created, and the advantages of multi-family properties that are debt-free. Chay invites the listeners to call and talk to a team member to dig into any sector of DST 1031 investments. Key Takeaways:

[1:02] Risks and disclosures.

[3:13] Matt McFarland tells about this series of educational presentations.

[4:00] Matt tells about Kay Properties & Investments.

[4:47] Matt introduces KPI President Chay Lapin and today's topic.

[6:34] What is a typical multi-family property in the DST sector? Chay explains.

[8:44] About Class-A and Class-B properties, light Value-Adds, and rent premiums.

[9:51] Are there always risks?

[10:08] What is a heavy Value-Add in a multi-family property. Is it typical in a DST?

[10:27] Why are these DST investments created, in the first place?

[11:54] Chay presents arguments for investing in multi-family properties. What is the main disruptor Chay sees? What are the pros?

[14:08] There are multi-family properties that are debt-free, and multi-family properties with debt. What are the risks of debt, compared to a single-family property?

[14:56] Investors currently have concerns about inflation. Can raising rents help?

[16:15] Chay's thoughts on investing in multi-family property DSTs. What about inventory? No one knows what will be in five years. Why Chay likes debt-free property.

[19:50] Matt adds another investor consideration: net operating income and the current rising cost environment.

[21:48] Matt and Chay talk about being defensive and staying debt-free when possible, and diversifying.

[22:30] Chay and all the team members are happy to dig into this in greater detail with anyone, one-on-one. The DST structure is not for everybody but Chay has seen a huge jump in this sector.

[23:44] Matt thanks Chay for his time on the call and invites listeners to return next week to listen to DST 1031 Essentials with Kay Properties!

Resources

Website: https://www.kpi1031.com

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com

Securities offered through FNEX Capital member FINRA, SIPC. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice.

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances of the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITs, funds, real estate, and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence, and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments.

In this week’s episode, Steve Haskell and Matt McFarland explain the special features of DST 1031 investments and how investors qualify to participate in a DST. They cover some of the differences between private and public securities, specific benefits and limitations of DSTs, and what a Master Tenant lease is. They discuss the DST property types offered by Kay Properties and what investors can expect. Key Takeaways:

[:57] Risks and disclosures.

[2:54] Matt McFarland tells about this series of educational presentations.

[4:01] Matt tells about Kay Properties & Investments.

[4:40] Matt introduces Steve Haskell and today’s topic.

[5:53] What do you need to know about liquidity for DSTs?

[8:28] How do private securities such as DSTs differ from public securities?

[9:01] Matt introduces the seven deadly sins of DSTs.

[9:10] What are some limitations of DSTs?

[12:28] When would you use a Master Tenant lease in a DST?

[13:30] Tom gives his opinion on why the IRS blessed DSTs to qualify for a 1031 Exchange investment.

[15:40] What are some benefits and risks of the rigidity of a DST for the investor?

[17:43] What property types does Kay Properties offer?

[18:32] Matt explains the rules about the reserves, which is investor-owned money.

[20:45] Who receives any appreciation, or pays any loss, on the back end of the DST?

[21:58] Matt explains why there are no capital calls in a DST.

[23:43] Matt introduces the use of Springing LLCs. Tom makes observes the rare need to use a Springing LLC to salvage a deal.

[28:00] Tom advises everyone on the call to reach out to their Kay Properties advisors if they haven’t discussed some of the aspects of this call, to get more information.

[29:54] Tom thanks Matt for his time and all the great information shared and invites listeners to listen to DST 1031 Essentials with Kay Properties next week!

Resources

Website: https://www.kpi1031.com

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com 

Securities offered through FNEX Capital member FINRA, SIPC. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice.

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances of the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments.

In this week's episode, Matt McFarland talks with Orrin Barrow, Vice President at Kay Properties, about what a net lease is and why it should have a place in your portfolio along with the definition of flight to quality real estate and the advantages and disadvantages of this phenomenon.

Key Takeaways:

[:54] Risks and disclosures.

[4:03] About Kay Properties & Investments.

[4:46] Matt introduces Orrin Barrow and today's topic.

[6:21] What does net lease mean?

[7:20] What is the flight-to-quality phenomenon?

[12:30] Matt and Orrin talk about the spectrum of different leases.

[13:33] What are the advantages and disadvantages of flight to quality?

[17:03] Orin elaborates on how inflation plays a part.

[20:06] Why are net leases a great thing to have in your portfolio?

[23:41] It is so important to protect your portfolio and your principal.

[29:54] It's important to note that if you are taking on debt with your net lease you understand the risk and try to remain debt free.

Resources

Website: https://www.kpi1031.com/

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com

Securities offered through FNEX Capital member FINRA, SIPC. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice.

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances of the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments.

In this week's episode, Vice President Matt McFarland and Vice President Jason Salmon talk about the current climate of the real estate market, as well as some of the challenges that investors are facing in today's economic environment when it comes to DSTs. They discuss how Kay Properties is approaching these challenges.

Key Takeaways:

[:54] Risks and disclosures.

[4:03] About Kay Properties & Investments.

[4:46] Matt introduces Jason Salmon and today's topic.

[6:21] What does the real estate market look like right now?

[10:30] Many people are looking to exit properties right now. The two main reasons are because it's a seller's market and another is because of wanting a lifestyle change.

[12:49] There is a very high volume and a very high demand for DSTs.

[13:58] Investors should be aware of the speed and complexities in the market due to high demand; and now more than ever should partner with a Kay Properties rep.

[18:58] While early planning is always advised, it's especially prudent in this market.

[20:13] Many investors are struggling to close; constant communication is strongly advised especially when transitioning into DSTs.

[22:08] Kay Properties' approach has remained consistent for investments despite market changes.

[24:37] The investor experience with Kay Properties will always include discovery and communication, evaluating the ability to diversify, and ongoing due diligence.

[26:57] Real estate goes through cycles. Now is not the time to stretch and extend into a high risk asset class.

Resources

Website: https://www.kpi1031.com/

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com

Securities offered through FNEX Capital member FINRA, SIPC. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice.

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances of the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments

In this week's episode, Vice President Matt McFarland and Senior Vice President Betty Friant talk about what investors should learn about before they consider and before they invest in DSTs. They get into specifics about why education it's so important, what resources are available, and logical next steps.

Key Takeaways:

[1:24] Risks and disclosures.

[4:10] About Kay Properties & Investments.

[4:51] Matt introduces Betty Friant and today's topic.

[6:08] Knowing and understanding DST 1031 terminology is key.

[8:32] Why is education so important for how investors approach DSTs?

[10:34] What is the first thing Betty looks at in advising DST investors?

[12:04] Kay Properties' has education resources such as webinars, blogs, white papers, educational dinners, 1031 DST Digest, books, and more.

[20:04] What is the next logistical step after education to take towards a DST investment?

[22:01] Betty wants investors to engage early and often with education and all things DSTs.

Resources

Website: https://www.kpi1031.com/

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com

Securities offered through FNEX Capital member FINRA, SIPC. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice.

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances of the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments

In this week's episode, Vice President Alex Madden and Vice President Orrin Barrow talk about the various investment exit options a DST investor will have access to and they also unpack the business plan process for new investors who are looking to get into this space.

Key Takeaways:

[1:05] Risks and disclosures.

[3:45] About Kay Properties & Investments.

[4:35] Alex introduces Orrin and today's topic.

[5:40] Orrin gives an overview of the three main entities involved in a DST.

[8:20] You've purchased your first DST, now what?

[10:40] What does the end of a DST cycle look like?

[13:25] When your offer has been accepted, you'll be notified and then it's up to you how you'd like to proceed.

[17:00] Interested in the 721 exchange and how it works? Reach out to your Kay Properties Representative.

Resources

Website: https://www.kpi1031.com/

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com

Securities offered through FNEX Capital member FINRA, SIPC. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice.

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances to the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over 21 Billion of DST 1031 investments

In this week’s episode, Vice President Matt McFarland and Vice President Steve Haskel talk about the different stages of a DST and what investors need to be aware of at each stage of the process. DSTs do have their risks and Steve covers what new DST investors should be aware of when they go through these different lifecycle stages.

Key Takeaways:

[1:00] Risks and disclosures.

[3:55] About Kay Properties & Investments.

[4:35] Matt introduces Steve and today’s topic.

[7:25] What are the different components to a DST? 

[10:20] There is a large need to find debt-free properties. This is why Co-Capital was created. 

[14:20] How do sponsors make money and what role do they play in the DST process?

[17:55] Due diligence is critical before purchasing a DST. Kay Properties makes sure the property is exactly how it's being listed.

[23:35] What are some of the ways to reduce closing risks in a 1031 exchange? 

[26:45] What’s it like owning a DST?

[30:25] What should investors be aware of when they begin to sell a DST? 

[34:00] What makes DSTs so unique? Matt shares his insights. 

[38:10] The good news is investors have a lot of options in a DST! 

Resources

Website: https://www.kpi1031.com/

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com 

Securities offered through Growth Capital Services, member FINRA, SIPC, Office of Supervisory Jurisdiction located at 582 Market Street, Suite 300, San Francisco, CA 94104. Potential returns and appreciation are never guaranteed and loss of principal is possible.  Please speak with your CPA and attorney for tax and legal advice.

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances to the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments

In this week's episode, Vice President Matt McFarland and Vice President Orrin Barrow talk about the benefits of investing in real estate over the stock market and some of the best ways to offset inflation. Orrin also discusses how to diversify your portfolio as you face market uncertainty and does an overview on some of the risk factors to be aware of.

Key Takeaways:

[1:00] Risks and disclosures.

[4:10] About Kay Properties & Investments.

[4:35] Matt introduces Orrin and today's topic.

[5:50] Stock market vs. real estate? Orrin weighs in.

[7:45] Investing in hard assets is one of the ways to offset inflation.

[10:25] What are some of the benefits of investing in real estate?

[11:00] Shock headlines can drastically move the stock market. With real estate, you're immune from consumer sentiments.

[14:55] Orrin explains Kay Properties anchor approach.

[18:00] There is no one approach to an investment strategy. It has to be custom to the individual investor and where they are in life.

[20:40] Should you have debt on your 1031 exchange?

[23:50] As interest rates continue to rise, cash becomes king.

Resources

Website: https://www.kpi1031.com/

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com

Securities offered through FNEX Capital member FINRA, SIPC. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice.

Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances to the Delaware Statutory Trust (DST) investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.

The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments

In this week's episode, Vice President Matt McFarland and Senior Vice President Jason Salmon sit down to talk about the importance of a customized approach when it comes to their client's specific investment needs. They do an overview on why they prefer to tap into a very specialized focus when it comes to DST investments instead of having a general approach, and they also cover how Key Properties' approach benefits their clients.

Key Takeaways:

[1:00] Risks and disclosures.

[4:10] About Kay Properties & Investments.

[4:55] Matt introduces Jason and today's topic.

[6:20] What is the difference between a generalist and a specialist in the DST space?

[10:30] It's always been Kay Properties' approach to have a narrow and specialized focus.

[14:05] No one should have a one-size-fits-all investment strategy. It should be tailored to you and your specific needs.

[20:00] Jason explains the reasoning why they simply do not offer certain investment deals to their clients.

[25:00] Do you have questions? Reach out to your Kay Properties representative!

Resources

Website: https://www.kpi1031.com/

Call Kay Properties at 855-899-4597

Meet the Kay Properties Team: kpi1031.com/meet-our-team

About Kay Properties and www.kpi1031.com

Securities offered through FNEX Capital member FINRA, SIPC. Potential returns and appreciation are never guaranteed and loss of principal is possible. Please speak with your CPA and attorney for tax and legal advice.