Investor · Lynchburg, VA · Member since 2016 · 37 posts · 24 votes
I was searching for a PPR Review within the last year and I think the most current one I could find was from 3 or 4 years ago. I wanted to confirm that to date they have never missed a payment and always returned principal?
I'm new the notes world and frankly the 3-year locked in PPR preferred return of 12% seems almost too good to be true if they in 16 years have never missed a payment or failed to repay principal. Obviously past results are not necessarily indicative of future performance, but it seems like a great investment for accredited investors to get a low-risk, solid return in exchange for some illiquidity.
Investor · Cincinnati, OH · Member since 2016 · 1 post · 8 votes
2y
I can also vouch for Dave VanHorn and PPR. I have been a PPR investor since 2019 getting anywhere between 8% to 12% return over the years with no payments ever missed. I have found this much easier than being a private lender. I also usually compound the return by reinvesting my payments, so the present 12% fund effectively returns 14.38% which is pretty awesome.
I do have a fairly high percentage of my net worth (35%) in the PPR fund. Does anyone have another good fund similar to PPR that I could get some diversification? Please advise. Thanks!
Investor · Fairfax, VA · Member since 2015 · 1k+ posts · 801 votes
2d
If you are worried about the value add portion of the reliant income fund then take a look at 7E investments as they are 100% notes. At the end of the day you have to trust the management team to navigate the zoning, construction, and inflationary costs of an asset. There are definitely some situations where the multi family guys are hurting because of rising costs, especially those pesky interest rates. Might be a good time to buy one of these multifamily on the cheap from a distressed owner!