Kay Properties and Investments works with many different kinds of Real Estate Investors, and they all have given substantial time and effort to building up their Real Estate portfolios. One great example of this was a recent Client who was looking to stop managing and start retiring.
Alex Madden, Vice President with Kay Properties and Investments explained “Our Client had spent most of his life building up a substantial Real Estate portfolio largely consisting of small apartment buildings and single-family homes with over 250 doors. When he and his wife wanted to start moving into retirement, he wasn’t quite sure how to begin. He reached out to Kay Properties and Investments to determine what some of his options were.”
Senior Vice President Betty Friant went on the say “After many discussions regarding the 1031 exchange, pros and cons of the DST, and strengths and weaknesses of particular asset classes and the risks of investing, our Client began to feel more comfortable with using DSTs as a solution for his substantial Real Estate portfolio. Kay Properties was able to walk with him through the sale of his first investment property into DSTs and he is looking forward to exchanging his 250 doors into more passive investments like DSTs in the years to come.”