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 provides access to 25+ different sponsor companies, as well as      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.

Matt McFarland and Senior Vice President Betty Friant sit down to discuss how to read and properly evaluate a property menu. There are a couple of things to consider before you pick a property that is eligible for a 1031 exchange, and it’s important to read the property terms and definitions carefully beforehand. Betty shares insights into what you should be considering and what these terms mean in this week’s call! 

Key Takeaways:

[0:45] Risks and disclosures.

[4:15] About Kay Properties & Investments.

[5:00] Matt introduces Betty and today’s topic.

[7:25] What types of labels would investors find in property menus? 

[12:45] How should investors be thinking about debt and equity? 

[13:50] If you have a loan on your property, you will have to replace that loan in your new property in the 1031 exchange. 

[19:00] Need a better visual representation of what a property menu looks like? Reach out to your Kay property representative. 

[19:25] What does PPM mean? 

[23:25] When you’re looking at the financials of a property, they’re going to look similar to a Schedule E form. 

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 investment process.

Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust (DST) structure, timing, cash investing, REITS, real estate, funds, 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 15 Billion of DST 1031 investments. 

In this episode, you will be hearing from Vice President, Matt McFarland and President Chay Lapin as they talk about the pros and cons of working with a generalist on your Delaware Statutory Trust and private equity offerings and/or a specialist in this space. The good news is that you can do both! It doesn’t have to be either/or for your portfolio. 

Key Takeaways:

[0:15] Risks and disclosures.

[3:00] About Kay Properties & Investments.

[4:00] Matt introduces Chay and today’s topic. 

[5:55] What’s the difference between a generalist and a specialist?

[11:30] Here’s why a specialist might be beneficial to you based on your unique situation. 

[12:55] A financial planner that you work with might just be a one man or one woman shop. It’s nice to have multiple people across different industries (due diligence, legal, accounting, etc) to help cross-check an asset and its risks. 

[15:25] What does Kay Properties' due diligence process look like? 

[20:10] There’s a lot of uncontrollable events out there and at the end of the day, it’s about reducing the risk as much as possible. 

Resources

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

Call Kay Properties at 855-899-4597

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

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 DST structure, timing, cash investing, REITS, real estate, funds, 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 15 Billion of DST 1031 investments. 

In this episode, you will be hearing from two of our Vice Presidents, Matt McFarland and Alex Madden as they break down inflation in real estate, what does the investor need to know, and ways to protect their assets against inflation.

Key Takeaways:

[0:15] Risk and disclosures.

[3:20] About Kay Properties & Investments.

[5:20] Introducing inflation as the main topic.

[7:35] Why is real estate a good hedge for inflation?

[14:00] Inflation doesn’t happen in a vacuum. Inflation is typically not going to be the killer in real estate.

[16:35] What’s the best way forward for DST investors?

[18:05] There is no silver bullet at the end of the day. The next best thing is to mitigate the risks.

[19:45] Each client is different. Depending on risk tolerance, portfolio size, and more, Alex would recommend different strategies to mitigate their risk.

Resources

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

Call Kay Properties at 855-899-4597

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

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 DST investment process.

Topics will cover 1031 exchanges, ins and outs of the DST structure, timing, cash investing, REITS, funds, 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 15 Billion of DST 1031 investments. 

Key Takeaways:

[0:15] Customer risk and disclosures.

[3:10] A little bit about Kay Properties.

[5:40] Orrin does a quick overview of what has happened in the DST space in the past 12 months.

[9:40] The IRS extended their deadline in light of COVID and the pandemic, which gave investors some breathing room.

[11:30] Senior homes and hotels have not performed well in the last year and Orrin doesn’t believe they’ve recovered yet.

[12:50] What assets have been able to stay afloat so far?

[16:20] 33% of tenants were behind on rent last year. The real estate industry took a big impact.

[18:25] Self-storage was an asset class that performed very well in 2020.

[20;45] Orrin shares why diversification is key when it comes to withstanding the real estate highs and lows.

[21:35] Interested in working with Kay Properties? Reach out!

Resources

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

Call Kay Properties at 855-899-4597

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

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 DST investment process.

Topics will cover 1031 exchanges, ins and outs of the DST structure, timing, cash investing, REITS, funds, 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 15 Billion of DST 1031 investments. 

In this episode, you will be hearing from our Vice President, Matt McFarland and our President, Chay Lapin as they talk about debt and how an investor can best assess the risks associated with debt on DSTs.

Key Takeaways:

[0:10] Risks and disclosures.

[3:10] About Kay Properties & Investments.

[6:10] How does debt work in the DST structure?

[8:00] It is critical to understand the terms of the debt you’re signing up for.

[9:50] Defeasance, Prepayment Penalties, and Exit Strategies: When you sell a property at year 5, and you still have a 10-year loan on it, you may have to take a hit.

[11;50] What are some loan terms that you should be aware of and that might potentially bite you later down the line?

[14:55] If you’re using debt, it’s critical you diversify.

[15:55] What are the potential downsides of cross-collateralization?

[19:00] How have different asset classes performed over the years, especially when there was a market downturn? And, how do they fit into the DST space?

[23:25] Chay explains why he is not a fan of hotel deals.

[27:45] Chay offers recommendations on how an investor can best prepare for the unknown future ahead.

[33:25] Interested in working with Kay Properties? Reach out!

Resources

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

Call Kay Properties at 855-899-4597

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

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 DST investment process.

Topics will cover 1031 exchanges, ins and outs of the DST structure, timing, cash investing, REITS, funds, 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 15 Billion of DST 1031 investments. 

In this episode, you will be hearing from our Vice President, Matt McFarland and Senior Vice President, Jason Salmon to get better clarification on the three identification rules an investor can utilize in a 1031 exchange, and also gain more clarity on how the 200% rule can work for an investor’s unique situation.

Key Takeaways:

[0:10] Risk and disclosures.

[3:20] About Kay Properties.

[5:25] There are three identification rules an investor needs to consider, Jason shares what you need to know.

[9:00] There’s some misconceptions on how these identifiers fit into a DST.

[10:20] Why should investors consider the 200% rule?

[11:55] How does debt or an all-cash deal impact the 200% rule?

[15:55] Don’t wait until the last minute if you want to take advantage of these rules!

[20:55] How to properly structure the identification sheet for the QI when using 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 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 DST investment process.

Topics will cover 1031 exchanges, ins and outs of the DST structure, timing, cash investing, REITS, funds, 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 15 Billion of DST 1031 investments. 

In this episode, you will be hearing from our Vice President Matt McFarland and our Senior Vice President Betty Friant as they discuss single-tenant net-lease properties and how they work within the DST structure.  

Key Takeaways:

[0:10] Customer risk and disclosures.

[3:25] A little bit about Kay Properties.

[4:25] A bit about Betty and what she does at Kay Properties.

[5:50] What is the difference between a triple net property (NNN) vs. a DST?

[9:30] Triple net property vs. double net property.

[10:55] How do cap rates apply in the triple net space?

[14:50] Betty shares how to determine the value of a net-leased property.

[17:40] How much money would you pay on a triple net property space?

[18:50] DSTs offer a very compelling diversification advantage that you don’t really see if you were to buy a property flat out.

[20:45] Investors can be put at a disadvantage trying to negotiate a better deal when they own a triple net property.

[25:30] Interested in working with Kay Properties? Reach out!

Resources

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

Call Kay Properties at 855-899-4597

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

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 Sponsor Stories with Kay Properties — An in-depth look at over 25 Delaware Statutory Trust (DST) Sponsor Companies that investors have access to on the kpi1031.com marketplace. The kpi1031.com marketplace 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 a 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 15 Billion of DST 1031 investments. 

In this episode, you will be hearing from our Senior Vice President and Managing Director of Real Estate Analytics, Jason Salmon. He interviews John Wagner of Cove Capital about their due diligence process in acquiring a property, their debt free DST program, and shares a little bit about Cove Capital’s potential exit strategy. 

Key Takeaways:

[2:50] Customer risk and disclosures.

[4:35] A little bit about Kay Properties.

[5:55] John shares what he does at Cove Capital. 

[7:55] In what asset classes and in what states does John like to focus?

[11:05] John explains a bit more about Cove Capital's process of acquiring a property. 

[13:25] What is John working on right now? He talks about the Cove DC MSA Medical DST. 

[18:55] What is Cove Capital’s investment strategy?

[21:45] John dives into Cove Capital’s potential exit strategy. 

[24:30] Interested in working with Kay Properties? Reach out! 

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 

Kay Properties is a national Delaware Statutory Trust (DST) investment

firm. The www.kpi1031.com platform provides access to the marketplace of DSTs from over 25 different sponsor companies, custom DSTs only available to Kay clients, independent advice on DST sponsor companies, full due diligence and vetting on each DST (typically 20-40 DSTs) and a 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 15 Billion of DST 1031 investments.   

This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum paying special attention to the risk section prior to investing.  IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation.  There are material risks associated with investing in real estate securities including illiquidity, vacancies, general market conditions and competition, lack of operating history, interest rate risks, general risks of owning/operating commercial and multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed. Securities offered through Growth Capital Services member FINRA, SIPC Office of Supervisory Jurisdiction located at 582 Market Street, Suite 300, San Francisco, CA 94104.

Welcome to Sponsor Stories with Kay Properties — An in depth look at over 25 Delaware Statutory Trust (DST) Sponsor Companies that investors have access to on the kpi1031.com marketplace. 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 15 Billion of DST 1031 investments. 

Today, you will be hearing from our Senior Vice President and the Managing Director of Real Estate Analytics, Jason Salmon as he interviews Andy Wang of Passco about keeping the risk minimal for his retired clientele, why new apartment complexes are his preferred investment asset class, and Passco’s extensive 20+ years of experience in the marketplace.

Key Takeaways:

[3:00] Customer risk and disclosures. 

[5:20] A little bit about Kay Properties.

[6:40] Andy gives a brief overview of what a 1031 exchange is and how a DST fits into that. 

[9:45] Passco is a DST sponsor. What does it mean to be a DST sponsor and how does it work? 

[11:05] What has Andy’s experience been with Kay Properties? 

[13:00] A lot of Passco’s clients have done 1031 exchanges themselves and are faced with a huge tax bill. 

[14:00] Andy likes to focus on new apartment complexes because it means the risk of repairs and unexpected problems is minimal. 

[15:00] What sets Passco apart from other DST sponsor companies? 

[18:00] The client needs to know what’s going on and Passco prioritize communication and transparency with their clients. 

[20:25] How many potential deals/offers does Andy and his team look through before they make an offer? 

[25:05] Interested in working with Kay Properties? Feel free to reach out!

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 

Kay Properties is a national Delaware Statutory Trust (DST) investment

firm. The www.kpi1031.com platform provides access to the marketplace of DSTs from over 25 different sponsor companies, custom DSTs only available to Kay clients, independent advice on DST sponsor companies, full due diligence and vetting on each DST (typically 20-40 DSTs) and a 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 15 Billion of DST 1031 investments.   

This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum paying special attention to the risk section prior investing.  IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation.  There are material risks associated with investing in real estate securities including illiquidity, vacancies, general market conditions and competition, lack of operating history, interest rate risks, general risks of owning/operating commercial and multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed. 

Securities offered through WealthForge Securities, LLC. Member FINRA/SIPC. Kay Properties and Investments, LLC and WealthForge Securities, LLC are separate entities.

Welcome to Sponsor Stories with Kay Properties - An in depth look at over 25 Delaware Statutory Trust (DST) Sponsor Companies that investors have access to on the kpi1031.com marketplace. 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 15 Billion of DST 1031 investments. 

Today, you will be hearing from our Senior Vice President, Betty Friant as she interviews Paul Van of Croatan Investments about the preferred geographical locations in his investment portfolio and what types of asset classes he likes to invest in.

Key Takeaways:

[2:55] Risks and disclosures of investing in real estate, 1031 exchange properties and DST investments

[5:25] A little bit about Kay Properties.

[7:35] Paul explains what a 1031 exchange is and a DST. 

[10:05] Croatan Investments is a DST sponsor firm. Paul explains how, and why, they became a sponsor.

[14:25] Paul’s investment sweet spot is middle-income workforce housing or Class B to A- housing.

[16:55] What does a typical property look like for Paul and his portfolio? 

[18:45] Paul shares the states and cities he really likes investing in. He likes Washington, DC; Richmond, Virginia; and Raleigh, North Carolina; just to name a few.

[22:15] Paul prefers to use third-party managers to manage their properties because it brings their focus back on finding high-quality investment properties.

[24:20] Paul shares his experience with working with Kay Properties. 

[27:00] Interested in working with Kay Properties or in gaining access to the www.kpi1031.com marketplace? Feel free to reach out! 

Resources

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

Call Kay Properties at: 855-899-4597

Connect with Betty Friant from Kay Properties: [email protected] 

About Kay Properties and www.kpi1031.com 

Kay Properties is a national Delaware Statutory Trust (DST) investment

firm. The www.kpi1031.com platform provides access to the marketplace of DSTs from over 25 different sponsor companies, custom DSTs only available to Kay clients, independent advice on DST sponsor companies, full due diligence and vetting on each DST (typically 20-40 DSTs) and a 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 15 Billion of DST 1031 investments.   

This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum paying special attention to the risk section prior investing.  IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation.  There are material risks associated with investing in real estate securities including illiquidity, vacancies, general market conditions and competition, lack of operating history, interest rate risks, general risks of owning/operating commercial and multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed. 

Securities offered through WealthForge Securities, LLC. Member FINRA/SIPC. Kay Properties and Investments, LLC and WealthForge Securities, LLC are separate entities.