In this episode, we dive into the world of real estate investing, particularly for those who prefer to be silent partners. Our guest shares a fascinating story about how private property ownership was once restricted, leading into the enduring truth: “There’s no real investment like real estate.” We hear about Gabe’s experience managing coastal properties—prime investments that shaped his portfolio—and his first major transaction: a $2.2 million deal in 2011 involving a 14-unit building through a 1031 exchange. The discussion covers key topics like principal representation, the advantages and limitations of DSTs (Delaware Statutory Trusts), and how the 1031 exchange has impacted the market since the 1980s. As we navigate through the ups and downs, we explore the market collapse and its effects on investors. Key moments include: The 7 deadly sins of DSTs How to protect your assets by placing them in a trust The importance of believing in real estate to your core If you’re interested in building generational wealth through real estate, this episode is packed with insights! Don’t miss the tips on how heirs benefit from a step-up in tax basis and why trust planning is crucial. Tune in now for an enlightening conversation on maximizing your real estate investments.