Invest $5,000 or more in RE. Earn 9%. Proven track record

[Aaron Merriman]

Aaron Merriman and Aaron Lujan have a proven 11-year track record of doing value-add real estate investing. Investing in residential property within Los Angeles and Orange County with a value add philosophy. We are strictly buy and hold strategy.

Property is acquired through the use of investor capital. Investors are paid an annual rate of return ranging from 5.5% to 9% which is paid on a quarterly basis with no fees.

In 11 years of operating, we have never missed an interest payment and we have never lost money on a property.

Our investment is great for someone looking for consistent cash flow income.

If this sounds like something that you might be interested in, I am happy to forward you our investment presentation.

Regards,

Aaron Merriman

[Brian Adams]

@Aaron Merriman, thanks and will connect with you.

The reason I ask, as an owner/operator/sponsor, I have syndicated several large apartment deals totaling 600 units.

I am not an attorney, but when you pool funds from investors with the intent for them to make profit and the investor is passive, you are deemed to be selling a security.

My deals and offerings are 506(b)'s where I can work with an unlimited number of accredited investors as defined by SEC and limited to 35 non-accredited investors.

I can't advertise what I pay, etc.

You state above that investors are paid an annual rate of return up to 9%. You are making a general solicitation. 

Under 506(c), yes - this can be done, but only when the offering is to accredited investors.

Here is an excerpt from the SEC website:

Under Rule 506(c), a company can broadly solicit and generally advertise the offering, but still be deemed to be undertaking a private offering within Section 4(a)(2) if:

• The investors in the offering are all accredited investors; and
• The company has taken reasonable steps to verify that its investors are accredited investors, which could include reviewing documentation, such as W-2s, tax returns, bank and brokerage statements, credit reports and the like.

I don't know how your offering is structured so you might be in good shape. Just wanted to pass on a level of caution.