All Forum Posts by: Jane A.

Yes, in fact most of the time was taken up by questions. Brian plans to hold more of these webinars and provide a lot more information going forward. He still hasn't taken control of everything, Crew is apparently dragging their feet. But he expected to have control of it all in the next couple weeks. He even anticipated dividends to resume for some of the properties by August. Of course, the caveat is he has to gain control and figure out where things are with each of the properties.

But that is only in regards to the properties that Crew has agreed to let him take back and does not include a fair amount of them, including Vintage.

I have Vintage as well, unfortunately this exact pocket was over developed and may be under stress of low demand. But property looks nice and I hope we will have good exit in the future.

1 Vote

Quote from @Joseph Lacko:

Just a quick response to give information on Faye's post about the webinar tomorrow: that is a webinar arranged by 1031crowdfunding and is only available to anyone who was placed in any of the Versity/Crew investments through their brokerage. It is not just for the one that Faye mentioned as we are not in that DST, but have access to the webinar as we are invested in Vintage.

Hopefully they did not drain capital reserves and properties will keep value till sale in the future. This is more important than distributions.

1 Vote

Yesterday Brian Nelson confirmed that he is returning the control over 18 DSTs in Crew current portfolio and will be taking care of them trying to preserve our capital (value of the properties) and restore the distributions. He sounded very optimistic. Try to find recorded webinar from 1031Crowdfunding.

1 Vote

Quote from @Steven Holman:

I'm not sure what the rest of you who were on today's Zoom call with Brian Nelson and 1031Crowdfunding think, but I think Brian's plan of taking back control of everything sounds promising. Also, it sounds like it's a done deal and he will eventually take back control in the coming weeks?

My impression as well, it looks like Brian Nelson is taking control over all the DSTs which where in place before 2023, he is planning to restart the distributions and be sure that the capital / properties are preserved, which is more important from my point of view than distributions. By the way, some other well known sponsors decreased / stopped distributions for some DSTs in TX and FL because of aggressive underwriting, unexpected expenses and current market conditions. Brian sounded optimistic yesterday. There is a recorded webinar with Brian Nelson with the details and the history of this situation.

2 Votes

Try to talk to Brian Nelson dorectly

1 Vote

we have tern key cash flowing 4plx in Overland Park, KS, 6% CAP

0 Votes

you would get better value and cash on cash return and lower risk in better neighborhood if you would put 25% down and get a bigger property. Check with investor friendly brokerage Leader1, ask for Kevin Roller.

0 Votes

Check on this one https://www.trulia.com/p/ks/ov...

1 Vote

Hi Luke, we do remotely KS and MO from CA. Check on 9402 Reeder Overland Park KS and 9309 w 83 st Overland Park KS on Zillow. Good property management company in place. Best, Jane

5 Votes

Hello awesome Landlords Forum. Any good news on 2019 tax return for rentals? Thx

0 Votes

All Forum Posts by: Jane A.

Jane A. has started 38 posts and replied 390 times.

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Post: Crew Enterprises DST Investors with suspended distributions please PM me

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