Feedback on Connect Invest Short Term Notes Passive Investment

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Eric Gerakos
Investor · Costa Mesa, CA · Member since 2016 · 1k+ posts · 1k+ votes
1y

Michael, why would you invest in UNSECURED note funds when you can buy notes SECURED by real estate that are currently paying 10% for 2 or 3 year interest only terms? I don’t sell anything on BP. I’m just an investor.

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    1y

    I always recommending reading the information made publicly available about companies who do a regulation a+ offering

    I have no opinion or research on this company. Just sharing what is available 

    https://www.sec.gov/edgar/browse/?CIK=1831623

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  • Michael Johnston
    OP
    Member since 2019 · 4 posts · 4 votes
    1y

    Chris,

    Thanks for your feedback and the SEC posting. What is the easiest way to connect with those who have actually invested in this fund and find out their experience? And am I correct in that you are the moderator of this forum? 

    Thanks Michael 

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    1y
    Quote from @Michael Johnston:

    Chris,

    Thanks for your feedback and the SEC posting. What is the easiest way to connect with those who have actually invested in this fund and find out their experience? And am I correct in that you are the moderator of this forum? 

    Thanks Michael 


     wait for people to reply who have invested. Have you spoken to them? Have you asked them for referrals?

    Yes I am a moderator which means we filter spam and self promotion and make sure people post in the proper forums. We are not paid, nor employees or connected with BP in any way.

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  • Eric Gerakos
    Investor · Costa Mesa, CA · Member since 2016 · 1k+ posts · 1k+ votes
    1y

    Michael, why would you invest in UNSECURED note funds when you can buy notes SECURED by real estate that are currently paying 10% for 2 or 3 year interest only terms? I don’t sell anything on BP. I’m just an investor.

    2Reply
    • Dennis Boettjer
      Member since 2024 · 4 posts · 2 votes
      1y
      Quote from @Eric Gerakos:

      Michael, why would you invest in UNSECURED note funds when you can buy notes SECURED by real estate that are currently paying 10% for 2 or 3 year interest only terms? I don’t sell anything on BP. I’m just an investor.

       @Eric Gerakos can you give us some insight on how to find such offerings? thanks

      1Reply
    • Chris SeveneyBusiness Member
      Moderator
      Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
      1y
      Quote from @Dennis Boettjer:
      Quote from @Eric Gerakos:

      Michael, why would you invest in UNSECURED note funds when you can buy notes SECURED by real estate that are currently paying 10% for 2 or 3 year interest only terms? I don’t sell anything on BP. I’m just an investor.

       @Eric Gerakos can you give us some insight on how to find such offerings? thanks

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  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    1y
    Quote from @Eric Gerakos:

    Michael, why would you invest in UNSECURED note funds when you can buy notes SECURED by real estate that are currently paying 10% for 2 or 3 year interest only terms? I don’t sell anything on BP. I’m just an investor.


    Eric,, I think why people go for the fund model is the idea that they are spreading their money into multiple notes being held by the company.. while in theory this is great but as you noted you don't really have any security compared to being the beneficiary of the debt instrument IE debt is in your name.  In Ca many loans are done through fractionalization method which is not that common in other states and illegal in some. CA also in the last 30 years really beefed up the protection for fractional TD investors. One just needs to look at the Peer st. BK to understand the risks of investing in a fund that craters.. At least with Whole notes worse case is you own the asset so just have to make sure you like the assets being used as collateral.
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  • Michael Johnston
    OP
    Member since 2019 · 4 posts · 4 votes
    1y
    Quote from @Eric Gerakos:

    Michael, why would you invest in UNSECURED note funds when you can buy notes SECURED by real estate that are currently paying 10% for 2 or 3 year interest only terms? I don’t sell anything on BP. I’m just an investor.


     Eric, thanks for the question and appreciate the challenge. The practical reality is wanting to get started in passive investing with lower dollar amount minimum requirements. Are you aware of similar platforms for secured notes with lower dollar amount entry levels for passive investing? 

    Thanks Michael 

    1Reply
  • Michael Johnston
    OP
    Member since 2019 · 4 posts · 4 votes
    1y
    Quote from @Chris Seveney:
    Quote from @Michael Johnston:

    Chris,

    Thanks for your feedback and the SEC posting. What is the easiest way to connect with those who have actually invested in this fund and find out their experience? And am I correct in that you are the moderator of this forum? 

    Thanks Michael 


     wait for people to reply who have invested. Have you spoken to them? Have you asked them for referrals?

    Yes I am a moderator which means we filter spam and self promotion and make sure people post in the proper forums. We are not paid, nor employees or connected with BP in any way.


     Chris, thanks for the clarity. And I have sent an email to Connect Invest asking for referrals of those from Bigger Pockets that have invested to speak with them. I am just learning the Bigger Pockets platform and the easiest way to specifically connect with those who have actually invested in this fund. Appreciate your insights. 

    Michael 

    1Reply
  • Adrian Giuhat
    Member since 2025 · 1 post · 1 vote
    1y

    Michael,
    To answer your initial question, yes, I've been dealing with Connect invest for over 18 months. No issue with interest payments and very responsive when asking for clarifications.
    Best,
    Adrian

    1Reply
  • Larry Fried
    Investor/RE Broker · Eugene, OR · Member since 2014 · 3k+ posts · 968 votes
    6mo

    I have been investing with Connect Invest for about 20 months now, and have been thoroughly impressed with the timliness and reliablity of their interest payments (monthly), as well as principal payback.  Over time I have grown my portfolios with them.  I have spoken with the CEO to get a better understanding of their track record, as well as any concerns I had.  

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