All Forum Posts by: Tony Kim

If you're open to using a true full-service turnkey provider, look into Ohio Cash Flow. I've bought one off them so far and it's been one of the smoothest transactions ever....I really get a sense of trustworthiness from them. They live in Toledo, which is where their investment properties are located. Also, I love the way their property management uses very modern online reporting so you can track all of your financial transactions. Check out Jay Hinrich's turnkey reviews if interested.

Must be the Mom and Pop investors moving up from their SFR's to multi-families...driving up prices as they compete against other Mom and Pop MLS lurkers.

On a related note, I purchased a few 5 cap properties in Los Angeles back in 2010.  They are now 2.5 cap properties, but they've been the best financial decision I've ever made. If I never found this website and educated myself, I'm pretty sure I'd be on the hunt to move up to a larger 4-5 cap multi-unit property instead of finding ways to better utilize the cap gains I've made.

It's still early, but Fundrise is in the process of creating an opportunity zone fund which can provide some capital gains tax shelter. I know very little about this and it appears legislation has not yet been finalized. I am definitely interested in this topic since I do plan to sell some of my LA properties later this year.

If it was a liability, you'd stop paying taxes on it and let the gov have it and not get anything in return and you'd be happy. Since it is an asset, we all pay our taxes when we can because we don't want to lose it.

You don't need permission or approval from other investors if you want to invest in the US. If you've analyzed the numbers and it works for you, I say go for it.

I personally view foreign investment in real estate as a positive since it has really propped up values in my area and my properties. This has really opened a lot of doors for me and I'm very thankful for that. 

Also, someone who views other investors as "competition" as opposed to a potential networking opportunity is still being handicapped by a newbie mentality and should be disregarded.

Welcome and best of luck to you in your search!!

A lot of the stuff I do are syndicated, privately issued securities...some via crowdfunding websites, some via going directly to the sponsor. However, 12-20% can easily be achieved by non-accredited investors as long as you set up your portfolio correctly (i.e., purchase at the right price and utilize the right amount of leverage).

Sophisticated investors get 12% at least. Average range of stable returns are 12-20%...once you fall below that, you reposition/sell/refi.

This made me realize I was sitting on a boatload of equity which miniaturized my ROE.

Lane K. you're the man!

lol, I almost spat out some of my soda after reading this post. Perhaps newbies in California that are BLINDED by the low prices of these out of state properties with their rental guarantees. We're so used to properties virtually renting themselves with tenants that rarely ever contact you for any issues..... We see the 2% rent ratio and we're hypnotized!

If this same HML LP entity were to convert to a REIT, would this affect the ability to offset passive income from this entity in any way? Just received notice from one of the entities in which I'm invested that will begin the process of converting to a REIT. Thanks in advance.

Another con is that there are a lot of fees associated with them...and rightfully so as a lot of these DST's need to utilize bridge loans while waiting for investors to buy into the trusts. Investors need to pay for this type of convenience.

As someone who lives in CA, these might still make sense for me because there is absolutely no property in my area that is worth purchasing. But at the same time, the expected cash flows from these DST's are a bit low....so although I'd be preserving a substantial amount of capital, my cash flow would still be lower than if I were to take the tax hit and invest the money elsewhere. DST's, at least the ones I've seen on crowdfunding websites, seem to only pay around 5-7%. Or maybe I'm not looking in the right place?? If anyone know of DST's that generally yield higher, I'd sure appreciate a heads up!