All Forum Posts by: Michael Beur

Paul Moore---That's it?  You keep us hanging.

If you are mentioning direct providers, then please mention names so we can look into them,

Thank you

To add on what Mike Jacabson comments:

For anyone looking into investing DST, First of all make sure to work with a Brokers whom specializing in DST. You want Brokers whom actually go and visit the properties and give you feedback regarding what they see. The one that can get you in contact directly with sponsors so you can ask them any questions and concern you have. Some Sponsors will(or at least used to) pay for your airplane ticket to visit the property, if you end up investing with them in that project.

Stay away from most Financial advisors, since this is not what they are specializing. This is just an additional source of products to offer to their clients. On my experience, when I was looking to invest in DST, I interviewed few of them. All were ONLY offering what Inland offered and they knew nothing about the projects that was offered.

Choose only Sponsors that been around for at least 15 years and have gone through the 2008 and are still in business. Most sponsors did not make it during the 2008.

I have been investing in DST's for the past 2 and half years in Multi families and one student housing. They all have been paying what they were suppose to do( some were few dollars less on May), with the exception of my Student housing. ( This company has not been around that long and it was my mistake that i did not follow my own advise on this one)

The Bottom line, Since I am the age that no longer want to manage my properties, this is a great option to get pay around 5% interest on my money on monthly bases and cut on my anxiety. Also, you have to understand these are long term investment between 5 to 7 years and should not need to access the entire money anytime soon.

To add on what Mike Jacabson comments:

For anyone looking into investing DST, First of all make sure to work with a Brokers whom specializing in DST. You want Brokers whom actually go and visit the properties and give you feedback regarding what they see. The one that can get you in contact directly with sponsors so you can ask them any questions and concern you have. Some Sponsors will(or at least used to) pay for your airplane ticket to visit the property, if you end up investing with them in that project.

Stay away from most Financial advisors, since this is not what they are specializing. This is just an additional source of products to offer to their clients. On my experience, when I was looking to invest in DST, I interviewed few of them. All were ONLY offering what Inland offered and they knew nothing about the projects that was offered.

Choose only Sponsors that been around for at least 15 years and have gone through the 2008 and  are still in business. Most sponsors did not make it during the 2008.

I have been investing in DST's for the past 2 and half years in Multi families and one student housing. They all have been paying what they were suppose to do( some were few dollars less on May), with the exception of my Student housing. ( This company has not been around that long and it was my mistake that i did not follow my own advise on this one)

The Bottom line, Since I am the age that no longer want to manage my properties, this is a great option to get pay around 5% interest on my money on monthly bases and cut on my anxiety. Also, you have to understand these are long term investment between 5 to 7 years and should not need to access the entire money anytime soon.

@Guy Azta.. Yes Guy

I did invest in few DST's around the country and different sponsors, all in multi families with the an exception of one in Student housing. So far they all been paying the full amount during the COVID with the exception of the student housing which they stop last month and telling us they are going to start paying again soon.

Will see.

If you want to know more detail, you can send me a direct e-mail with your phone number and we can chat about it

Have a great weekend.

I Have started working with Passco, BlueRock, RK, Nextpoint, Cantor Fitzgarald and NB Capital

They all specializing in Apartments, with the exception of NB Capital, Specializes in Student Housing. They all have been in DST Business for long while with the Exception of Cantor Fitzgarald. However, they have been in Real estate for ever and are the biggest player.

Any comment from anyone regarding any of these Sponsors? Has anyone else doing or have worked with them before?

Michael

Hello to everyone

Is anyone familiar with DST? Has anyone used it in the past or currently and which sponsor been used and how has the outcome and experience been?

I am in the process of selling few of my rentals and do 1031 exchange into DST's

Thank you in advance

Michael

It was an older home.  My intend was to sell this one and buy a newer one. However, the prices do not justify.

You are right on my plan to live off my rents for retirement and you are also very accurate of how easy us Realtor have it, but I am planing to move to another country in the next 6 years.

Good Morning all,

My name is Michael, 51 and working toward retiring and not being worry about weather I have enough money to live on when that day arrives.I have been a Real Estate agent and Investor for the past 12 years. Currently I owned 15 rental properties. Half are paid for and other half, I have mortgage on.

Recently, I sold one of my rentals and trying to figure out what is the best use for this money. In my market, that prices has gone up a lot and have not been able to find anything that would make sense buying at this point. 

I am thinking about paying off one of my loans, which is interest only at 6.62%. Have owned this 4-plx for 7 years. 

Would you do this or does anyone have a better idea?

Thank you in advance 

I thought Safe Act went in effect around 2009 or 2010.

They are first performing.