On this episode of Passive Income Pilots, Tait & Ryan interview Trevor Flor

Trevor Flor is an accomplished real estate professional with expertise in residential and commercial transactions. He graduated from UC Santa Barbara and, after graduating, founded his own brokerage firm, expanding it to include commercial real estate. Trevor's analytical skills led him to underwrite over $1.5 billion worth of medical-related real estate for Montecito Medical Investment Company and participate in more than $200M of transactions. He also served as a Navy pilot and an F-18A-F instructor. With an MBA from the University of North Carolina and an MS in Real Estate from Fordham University, Trevor currently specializes in due diligence for real estate investments at DAI Securities, LLC. He is an expert in 1031 exchanges, Qualified Opportunity Zones, and private syndications.

Trevor shares his incredible story of transitioning from a Navy F-18 Super Hornet pilot to a real estate expert. He dives deep into the world of 1031 exchanges and Delaware Statutory Trusts (DSTs), providing valuable insights into the historical context behind these tools and how they help real estate investors manage their tax liabilities. Trevor also discusses the evolution of syndication structures, comparing the Tenancy in Common (TIC) structure with the more recent DST structure and how these have shaped the real estate investing landscape. He shares his expertise on the nuances of DST offerings, the impact of the Securities Act, and the importance of working with an advisor to curate a diversified portfolio of DST properties. 

Enjoy the show!

Show notes:

[3:32] Trevor's background in aviation, finance, and real estate syndication

[11:22] Mitigating tax burdens through real estate ownership

[15:58] What is a 1031 exchange

[20:01] Three rules to identify properties

[22:58] What is a DST

[25:27] TIC, its limitations, and DSTs

[34:02] Downsides of the DST structure

[38:58] What is a triple net lease (NNN)

[43:32] What does spring out mean, and when is it done

[46:59] Evaluating sponsors and DST offerings

[48:58] Investing in and setting up a DST

[53:22] Diversification in DST

[55:09] Cash investors and DST

[59:57] Getting additional basis

[1:02:43] Debt and the exchange equation in a 1031 exchange

[1:07:43] How to connect with Trevor

[1:08:17] Outro

Connect with Trevor:

LinkedIn: https://www.linkedin.com/in/trevorflor/

Email: trevorf@daisecurities.com

Related episodes:

#3 - Investments and Wealth Management for Aviators with Austin “Strobes” Hulbert - https://apple.co/3P7Loic

#2 - Invest Passively in DST and Opportunity Zones with Brandon Bruckman - https://apple.co/3NrgAI2 

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Reach out to the hosts:

Email: passiveincomepilots@gmail.com

Tait Duryea

CEO Turbine Capital

www.turbinecap.com

Ryan Gibson

CIO Spartan Investment Group

www.spartan-investors.com

Id. d’épisode : 1000616863631

GUID : Buzzsprout-13029493

Date de publication : 13/6/2023 à 17:00:00