š¢ OWN A RENTAL PROPERTY BUT TIRED OF BEING A LANDLORD?
I just met with an owner in Bell, CA who has owned this 4-unit property for about 30 years. He has solid equity and rental incomeābut heās considering selling and using a 1031 Exchange into a Delaware Statutory Trust (DST).
The idea? Instead of exchanging into another property he has to manage, a DST can potentially provide passive monthly income without dealing with tenants, repairs, rent collection, or property management.
Itās definitely not for everyone, but for longtime property owners looking to simplify, itās an option worth learning about.
š² Own investment property and thinking about selling or exchanging? Call or text Ray at
562-600-9793.
Ray Miramontes | The Mira Group
Circle Real Estate | DRE
#01931740