Kay Properties Podcast

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.

Vice President Matt McFarland and Vice President Steve Haskell walk listeners through the different debt-free Delaware Statutory Trust (DST) options that are available to accredited investors. Why are debt-free DSTs a good option for your portfolio? When does it make sense to invest in one? All these questions discussed and more in this week’s episode!

Key Takeaways:

[0:45] Risks and disclosures.

[3:45] About Kay Properties & Investments.

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

[7:15] Ideally, you want to hold DSTs for 5‒7 years.

[8:05] Why does Steve like the 5‒7 hold period?

[10:00] What are some of the benefits of debt-free DSTs?

[14:40] With the upcoming tax code changes, it’s important to stay flexible.

[17:10] The good news is, by going through the debt-free route, you have time to pick and shop!

[20:45] What is a “Springing LLC”?

[24:20] Are you worried about what the President has coming down the line in terms of new tax code changes? Don’t be! Steve is hopeful.

[24:35] If you have a DST business plan, Matt wants to make a note that this debt-free strategy would be a pivot from that plan.

Resources

Website: Kpi1031.com

Call Kay Properties at 855-899-4597

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

About Kay Properties and 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 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.

Vice President Matt McFarland and Vice President Orrin Barrow break down what makes Kay Properties different and how their clients get a premium service that’s customized to them and their investment needs. You not only get a tailored approach, but you will have an entire team working on your best interests and readily available to provide additional educational resources.

Key Takeaways:

[0:45] Risks and disclosures.

[4:00] About Kay Properties & Investments.

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

[6:10] What makes Kay Properties different?

[7:15] You will have a Kay Properties representative walk you through a property menu based on your investment goals.

[9:25] Every investor comes from a different level of knowledge about the DST space.

[10:55] The best way to get comfortable with a DST is by understanding every aspect of how it works.

[16:20] Why does Kay Properties space out their investor’s close day by about 30 days?

[19:45] Kay Properties has offices all around the country so that investors can come in and work with a representative face-to-face.

[22:10] Orrin shares additional benefits and the types of resources you are tapped into when you work with a personalized team at Kay Properties.

Resources

Website: Kpi1031.com

Call Kay Properties at 855-899-4597

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

About Kay Properties and 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 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.

In this episode, Matt McFarland and Vice President Alex Madden talk about DSTs and when it makes sense to exit out of one. It’s important to have a business plan and to stick to that 5-10 year business plan no matter what the market cycle might be at the time. If liquidity is a concern, Matt and Alex address what an investor can do on this week’s call. 

Key Takeaways:

[0:45] Risks and disclosures.

[3:55] About Kay Properties & Investments.

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

[7:00] Real estate is an inherently illiquid asset. 

[10:00] DSTs do take time to see value. It’s important to have a 5-10 year business plan. 

[11:05] Are you concerned about liquidity? 

[17:00] There is no obligation to do a full 1031 exchange, but if it’s a concern then it’s best to coordinate with your CPA on the tax consequences. 

[18:25] What’s a typical buyer of a DST property? 

[20:35] When your DST investment is sold to a third-party, investors will still have the ability to do another 1031 exchange. 

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 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.

Vice President Matt McFarland and President Chay Lapin break down what a 721 Exchange is and how it’s different from a 1031 exchange. They also dive into when an investor should consider using one, some of the pros and cons, and they also do a quick overview on certain capital gains considerations.

Key Takeaways:

[0:45] Risks and disclosures.

[3:45] About Kay Properties & Investments.

[5:10] Matt introduces Chay and today’s topic.

[8:15] Everyone’s portfolio and tax situation is different and based on that, the 721 exchange can be more complex than a 1031 exchange.

[8:40] What is a 721 exchange?

[11:15] A 721 exchange allows you to liquidate your operating shares in chunks.

[14:50] You want to rely on and look back on your business plan when working in a 721 exchange so that you can keep on track with your goals.

[15:25] There are three decision options/verticals to pick from in a 721 exchange.

[17:45] What are some of the cons of a 721 exchange?

Resources

Website: Kpi1031.com

Call Kay Properties at 855-899-4597

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

About Kay Properties and 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.