All Forum Posts by: Dan T.

One thing I'm struck by is no DST company so far has been able to provide their track record. I would like to see the good, bad deals, and metrics. I'm sure they have this internally but makes me hesitant to trust any company that can't share the data.

5 years later Realized 1031 is still around. A pretty slick website but from my initial view on returns in Multifamily low 4% seems on the low end. Anyone have history with 
Realized 1031? 

 The same Robert Smith of Peregrine Private Capital? https://www.investorlawyers.com/blog/peregrine-private-capit...

Can someone look at my novice numbers. 

The idea is to get is much out as low of tax rate as possible. Then do similar cash out again when DST renew, staggering DST's.

We don't need legacy just income to live.  We are in late 50's.

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DST 2,700,000 @ 5.25% return , 141,750 income. Are DST fees included in 5.25 estimate I read some as high as 20% fees?

approx 50% depreciation on income, tax return income amount 70k. is that based on leverage?

Take 500k boot out and pay 15% cap gain tax, $75,000. Total return gain must stay under 580k

NIIT Tax 3.8% on 500k, 19,000?

Depreciation Recapture Tax. Total 300k Depreciation, 20% is 60k, x 25% rate, 15,000?

Total tax on 500k boot $109,000 remaining 2.7m goes into DST.

(if fall into 20% cap gain add. 25k on 500k)

Has anyone invested in an Arden Group deal? Would be interested to hear your experience. online/offline. 

Thanks,

Dan

I've seen no reference to a 506c offering. But I do know the proposal is only sent to a select group of investors they have worked with before. 

Hi Jack,

I'm interested to hear more about you software and how it analyses the data below

number units-29

last years total for expenses including the property tax you will pay, add management costs if you will have a property manager and include every expense except your mortgage payment. $190,783

gross income $384,298

purchase price -$5,320,000

down payment

your closing costs

total loan amount $5,066,250 +

interest rate 3.75%

how much do you think you can increase rents within a few months after escrow closes
how much can you increase rents every year- They are estimating 40% year one and 3% per year thereafter.

do you have major capital expense expectations. Renovation Costs $1,435,000

I'm sure the company wouldn't appreciate me loading the presentation. All good questions you have and something I'm more versed in. The actual projected returns is my weak part. 

I've had a less than 1% vacancy is this market on another building so I think 3% is safe. And I assume they factor payroll using their inhouse property management co. but I agree I'd probably 2-3x that. 

Hi Nick, Thanks for the reply. This is someone else data. Additional data provided. Did you mean IRR?

https://drive.google.com/file/...

Would anyone care to share their process for analyzing a deal? I'm considering investing in a Apartment building rehab and trying to determine if its a deal. I created a PDF of the deal points to summarize it. An IRR of 21% seems low for commercial property is it not?

https://drive.google.com/file/...