FNRP investment feedback

[Hetal Patel]

Has anyone invested with FNRP and other type of real estate investors? Trying to get feedback and your thoughts.

[Abba Kader]

I have invested in 2 deals with FNRP. Their 12-18% return is a total lie. The first year I received a 3.56% return on 400K for a total of $ 14,232.91

This distribution even included a waiver of feed of $1037.73. The second 2 quarters I received 1.45 % for a total of $ 5827.58

These guys have no clue what they are doing. I had signed up for a 3rd investment at a very early stage for another 400K thru a 1031 exchange. All commitments were made and they pulled out of the deal. Cost me 200 K is taxes because I could not complete the 1031 exchange.

they talk a good talk BUT DOT NOT DELIVER. They don't answer the phone when they know they are stuck. They don't provide tax documents on time, which cause significant headaches. they don't provide proof of cost mitigation studies unless you threaten to sue.

I am a seasoned investor and I got duped in their flowery talk. They have a revolving door of people. 2 months down the road and no one know you and what they promised. They cannot find their own documents. When all else fails, they will hang up on you and not answer calls any more. Do you self a favor. Burn your money. You will get a bigger satisfaction then investing with FNRP