An ongoing feature in Tuesday Tactics is our “Great Read Roundup” in which we highlight some of the best pieces we’ve read recently and why they might expand your mind or help with your real estate career.
Top 10 Reasons Real Estate Investors Are Jumping into DSTs
(7-minute read)
In the last 12 months, billions of American real estate investment dollars have poured into DSTs (Delaware Statutory Trusts) via the 1031 exchange process.
What is a DST? A Delaware Statutory Trust is a legal entity formed under Delaware law that allows investors to own undivided fractional ownership interests in professionally managed institutional-grade real estate offerings around the United States. The interests can be owned by individuals or by certain entities. DSTs are offered and available only to accredited investors and entities.
Former Atlanta Falcons Coach Dan Quinn Cuts Price of Georgia Mansion to $2.2M
(10-minute read)
Housing IS the business cycle, it’s been said.
The former Atlanta Falcons head coach Dan Quinn is selling his Suwanee, GA, mansion for $2.2 million. It was initially listed for $2.4 million in January, but the price was cut by $200,000 earlier this month.
Quinn purchased the home for $1.99 million in 2015, shortly after being named the Falcons’ leader. After a rough start to the 2020 season, Quinn was dismissed last fall, in the middle of his sixth season at the helm. After the firing, he took the role of defensive coordinator for the Dallas Cowboys.
