DST 1031 Mystery Shopping: What is it?

Email this to someoneTweet about this on TwitterShare on Google+Share on FacebookShare on LinkedIn

At Kay Properties and Investments we are different in that we strive to mystery shop every DST property that we have clients invest in. A novel thought right? Visit the real estate as part of your due diligence.

This level of boots on the ground review of the property and its neighborhood is unheard of in the DST industry. We have heard of few to no other broker dealers or registered representatives placing the time, money, and energy into seeing virtually each and every DST like Kay Properties does. You can crunch the numbers all you want (which Kay Properties analysts love doing) but without visiting the property, your “due” has not been “done” and your “diligence” has not been diligent.

At the time of writing we have Kay Properties team members as well as independent property inspectors that we have commissioned (these are often the same inspectors that Fannie Mae, Freddie Mac, CMBS Lenders, and other institutional investors commission) performing over 50 property tours on DST properties throughout the country. We strive to potentially perform these property tours on virtually all properties in portfolio DSTs whereby one DST will have, for example, 10-20 individual properties in it.

What are some of the items we look for when mystery shopping DST properties?

  • Surrounding area trends
  • Competition
  • Deferred maintenance
  • New construction
  • Undeveloped land

DST Mystery Shopping–Another reason that Kay Properties and Investments is considered by many to be the undisputed leader in the DST brokerage and advisory industry.

DST properties and real estate are considered high risk investments. Please review the Private Placement Memorandum (PPM) prior to considering an investment and pay careful attention to the risk factors. Please note that visiting a property and conducting a physical inspection does not guarantee against the risk of a complete loss of investment principal. There may be times where we may not be able to conduct property tours at all properties and in those cases we will rely on 3rd party appraisals for property reviews. This material is not to be considered tax or legal advice. Please speak with your CPA and Attorney for advice and guidance prior to considering an investment.

For more details please contact:

Dwight Kay, Founder and CEO
1-(310) 404-7297
DwightKay@kpi1031.com

Chay Lapin, Senior Vice President
1-(562) 882-7617
ChayLapin@kpi1031.com

Jason Salmon, Senior Vice President and
Managing Director of Real Estate Analytics
1-(917)-837-1492
Jason@kpi1031.com

Betty Friant, Senior Vice President
1-(540)-550-1784
Betty@kpi1031.com

P.S. To receive a list of our currently available DST 1031 properties please register on our website at www.kpi1031.com.

DST properties are for accredited investors (a net worth of greater than 1 million dollars – exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor or an accredited entity, please do speak with your CPA and Attorney for verification prior to considering an investment. There are material risks associated with the ownership of real estate and Delaware Statutory Trust (DST) properties, including but not limited to, tenant vacancies, loss of entire principal amount invested, and that potential distributions, potential cash flows, returns, and appreciation are not guaranteed. There are no assurances that diversification will produce profits or guarantees against loss. This material does not constitute tax or legal advice. All investors should speak with their own tax and legal advisors before considering any real estate investments.
Securities products offered through WealthForge Securities, LLC, member FINRA/SIPC. Kay Properties and Investments, LLC is independent of WealthForge Securities, LLC. All information provided is for educational purposes only. The material contained in this invitation does not constitute an offer to sell and is not an offer to buy real estate, DST properties or securities. Such offers are made only by a sponsor’s memorandum, which is always controlling and available to accredited investors and accredited entities only. There are material risks associated with the ownership of real estate and DST properties, including but not limited to, tenant vacancies, loss of entire principal amount invested, and that potential cash flows, potential distributions, returns, and appreciation are not guaranteed.

Email this to someoneTweet about this on TwitterShare on Google+Share on FacebookShare on LinkedIn