Updated about 7 years ago on . Most recent reply
Identify type of RE investment
I am a new member so hello to all. I am excited to join the community.
I am getting started on RE investing and have come across some offers that I would like to research more about but I don't know what this is called - deals such as:
RE investment company buys a large Multi-Family property and allows investors to buy shares. The specific deals I have seen are usually with a preferred return (7-8%) and a split on profits (60/40 or 70/30 in favor of investor). The management company is taking a fee (usually 4-6%) and there are some closing costs etc.
I have heard from friends that these deals have been working out well for them and that it's a good way to get started. Strategy is to go with well recommended and trusted groups and start having a piece of CRE action.
Questions:
1) How do I find more information and advice on this type of investments?
2) What's this called? (buying shares in a CRE deal? buying a syndication?) i.e. How do I Google this?
3) Any good BP threads to get me started?
Thanks in advance!