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All Forum Posts by: Louis Young

Louis Young has started 0 posts and replied 5 times.

Post: Transition from active to passive investment

Louis YoungPosted
  • Real Estate Investor
  • Posts 5
  • Votes 4

Hello Kelly,

I too am looking into the possibility of entering to a more passive role in my investment holdings. You mentioned that you entered into a DST 1031 exchange. How did that work out?

Post: 1031 exchange - What to look for in a DST?

Louis YoungPosted
  • Real Estate Investor
  • Posts 5
  • Votes 4
Hello Jon,
You stated you "stay up to date on the current DST market". If you don't mind, what resources do you use
to stay up to date ? Any help would be greatly appreciated.

Post: COVID-19 vs. Basic Freedoms

Louis YoungPosted
  • Real Estate Investor
  • Posts 5
  • Votes 4
Bryan Beal, I'm not being disrespectful of you position. I just don't think you made a cogent argument.  Here's why: you stated  that you "can't stand by and watch our country turn into a Totalitarianism (sic) state" well we actually live in a 

Representative Democracy I'm pretty sure you know what that means, we elect people to do what they think is in our best interest. In most cases, our elected representatives are letting public health professionals take the lead as to what we should do. This is being done throughout the country, red and blue states. Secondly, you essentially framed your argument as a binary choice we can let people die while we open up the economy, although you do sympathize w/the people who would die. I think our response to this virus should be a bit more nuance than the choices you presented, as I stated in my earlier post we're only a month into this. What the statistics are today may not be what they are in the near future. To compare this virus with the flu is a straw-man argument, there are treatments and vaccines for the flu and the last I check none for this virus. Lastly, if you where to go out and infect someone with this virus what should be your repercussion? It would be nice if we all lived in an actual bubble. Again, I think we all should have patience and have a plan in place to try to move forward to these turbulent times, and not panic.



Post: COVID-19 vs. Basic Freedoms

Louis YoungPosted
  • Real Estate Investor
  • Posts 5
  • Votes 4

I think people need patience. The first stay at home order was issued

about a month ago. The fact is the infection and death rates numbers are

going down. I read all sort of wrong headed opinions on this site, from

quoting Ben Franklin out of context, to "older people are going to die in a few years anyway".

It seems to me, that we expose who we really are in times of crisis. From what I'm reading it's not looking too good.

Again, I just think we all need a chill pill and wait a little longer for this pandemic to play out.

I'm really surprise, mix used building with five commercial tenants. Only one of commercial tenants there asked to pay partial rent (75%), accepted. Most of the residential tenants paid on time, with three not due yet Property in L.A. with some of the most stringent covid-19 ordinances in the country. I am skittish about May though.