All Forum Posts by: Brandon Bruckman

@Matyas A. S. Lack of liquidity is the number one risk I explain to investors considering DST. The LLC option would place the investor in a taxable situation upon sale. A few sponsors have taken DST into an LLC and back again into the DST structure, however this is extremely rare.

There are some business popping up to support liquidity in the DST space (i.e. purchase your interest in DST prior to the deal going full cycle). An active and liquid secondary market would go a long way in growing the DST space.

@Matyas A. S. Some sponsors will supply 3rd party due diligence called a Mick report. This is very useful to dig in beyond the assumptions in the PPM.

There are also other independent 3rd parties that have deep experience reviewing PPMs. Send me a DM and I’ll share contact info.

@David Bittorf you do have to replace the equity and debt of your current property in an exchange. If you are looking at less expensive properties, you may want to consider DST (Delaware Statuary Trusts) for the remaining portion of your exchange. This might give you the flexibility you may be looking for.

@Trevor Ierien check out your local CBIZ office. They have helped our real estate clients in a few different locations.

@Solo Scott are you looking for a qualified intermediary? Lauren Speidel with Exeter is awesome!

If your local market is hot, selling and diversifying across geography and asset type could make sense. Passive investments like DSTs could be a place to park the proceeds from a sale, defer tax and wait for your next move.

I've collected historical data on as many DST deals and TIC deals as I can from multiple sponsors. From the larger ships, there is some variation in returns, but most return as expected or better.

I’d watch out for smaller, less established shops. We have seen a few deals that went very bad from these sponsors. Not to say these are all bad, but I’d dig deep before investing.

Inland, Passco and AEI are three of the largest and longest tenured firms in the space. The 7-10 years depends on the ability to sell the property. You would have to really dig in with the sponsor to understand their intentions deal by deal.

Fees for each deal are different and classified very differently as well. I’ve categorized and calculated averages for a large section of deals.

I did something very similar with historic returns.

I can talk through this with you on a call. Shoot me a note direct.

So many things to say reading the comments.

There are strategies you can use in stocks to enjoy gains and limit losses. Explore trend following (just google it, you’ll get the basics). The strategy is systematic, based on current price only, no emotions and no guessing.

I challenge common logic that stocks will always go up. US stocks certainly have, however look at other countries. There is no reason the stocks HAVE to go back up again.

All investing is about you and what you’re trying to accomplish. Viewed this way, you always have control!

@Kamenin Earl Banks if you are getting a 401k match from your employer, I‘d want you to grab that free money first. Great idea already posted around making sure you have the best rates possible on your consumer debt. Don’t rush to do deals. Be patient. Deals will be ready when you are!