Kay Properties Matt McFarland and Steve Haskell on The DST Closing Process

<p>Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances to the Delaware Statutory Trust (DST) investment process.</p> <p> </p> <p>Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.</p> <p> </p> <p>The <a href="http://www.kpi1031.com/">kpi1031.com</a> platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments</p> <p> </p> <p>In this week’s episode, Vice President Matt McFarland and Vice President Steve Haskell talk about the DST closing process and unpack what investors should be aware of at this stage of their exchange. They discuss in detail everything from the subscription process, to the 45-day deal window, and why it’s important to reserve potential deals.</p> <p> </p> <p>Key Takeaways:</p> <p>[1:00] Risks and disclosures.</p> <p>[4:00] About Kay Properties & Investments.</p> <p>[4:40] Matt introduces Steve and today’s topic.</p> <p>[6:15] A lot of Steve’s clients are concerned about closing.</p> <p>[7:10] Matt shares how a DST is usually packaged.</p> <p>[9:20] Steve talks more about the subscription process and what they should be aware of.</p> <p>[10:40] Steve shares when would be a good time to process administrative paperwork given the current extreme high demand of the market.</p> <p>[12:45] What would be an ideal time to reserve potential deals?</p> <p>[14:05] What does Kay Properties do when properties do not come out within a 45-day window?</p> <p>[15:55] Matt talks about identifying the priority of approach of an investor and how important timing is regardless.</p> <p>[18