Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Aaron Merriman

Aaron Merriman has started 199 posts and replied 233 times.

Post: Fund II first closing End of Month - Target IRR 15% - 18%

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

LMDG Real Estate Value Fund II, LP has acquired two assets with a third in escrow and renovation has begun. The first investment is an 8 unit value-add apartment building located in Alamitos Beach (Long Beach, CA). The property was acquired at approximately 60% of replacement cost and is operating at rents 40% below market. The renovation has already begun with the first tenant moved in.

The property is located near Long Beach's Retro Row and Bixby Park and a short walk to the sand.

For more information, download our flyer which outlines the strategy of the fund, track record, fund structure, and projected returns.

The target return for the fund is 15%-18% net IRR based on past performance.

The funds first closing is at the end of this month.

Post: Last Call: What is a Checkbook IRA? Aug 16th 9am PST, 12pm EST

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

What is a Self-Directed IRA with Checkbook Control?

Only one day left.  Register for our upcoming webinar on Self-Directed IRA's. We will be discussing Self-Directed IRA's with ReSure LLC founder and CPA @Bernard Reisz

Learn more about Self-Directed IRA's with Checkbook Control and how you can use retirement funds to invest beyond the stock market, register today.

In this webinar, you will learn:

  • What a Self-Directed IRA is and the different types: Traditional, Roth, SEP, and Simple.
  • Pros & Cons of Checkbook control.
  • Checkbook Self-Directed IRA setup process
  • IRS rules you should be aware of.
  • Investment opportunities with LMDG

Best,

Post: Fund II first closing coming soon - Target IRR 15% - 18%

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

LMDG Real Estate Value Fund II, LP has acquired its first two assets with a third in escrow and renovation has begun. The first investment is an 8 unit value-add apartment building located in Alamitos Beach (Long Beach, CA). The property was acquired at approximately 60% of replacement cost and is operating at rents 40% below market. Renovation has already begun with the first tenant moving in soon.

The property is located near Long Beach's Retro Row and Bixby Park and a short walk to the sand.

For more information, download our flyer which outlines the strategy of the fund, track record, fund structure, and projected returns.

The target return for the fund is 15%-18% net IRR based on past performance.

The funds first closing is at the end of this month.

Post: What is a Checkbook IRA? Webinar Aug 16th 9am PST, 12pm EST

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

What is a Self-Directed IRA with Checkbook Control?

Register for our upcoming webinar on Self-Directed IRA's. We will be discussing Self-Directed IRA's with ReSure LLC founder and CPA @Bernard Reisz

If you would like to learn more about Self-Directed IRA's with Checkbook Control and how you can use retirement funds to invest beyond the stock market, register today.

In this webinar, you will learn:

  • What a Self-Directed IRA is and the different types: Traditional, Roth, SEP, and Simple.
  • Pros & Cons of Checkbook control.
  • Checkbook Self-Directed IRA setup process
  • IRS rules you should be aware of.
  • Investment opportunities with LMDG

Best,

Post: IRR target 15% - 18% SoCal Coastal Properties Multi-Family

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

LMDG Real Estate Value Fund II, LP has acquired its first two assets with a third in escrow and renovation has begun. The first property is an 8 unit value-add apartment building located in Alamitos Beach (Long Beach, CA). The property was acquired at approximately 60% of replacement cost and is operating at rents 40% below market.

The property is located near Long Beach's Retro Row and Bixby Park and a short walk to the sand.

For more information, download our flyer which outlines the strategy of the fund, track record, fund structure, and projected returns.

The target return for the fund is 15%-18% net IRR based on past performance.

Post: Webinar Aug 16th : Checkbook IRA's

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

What is a Self-Directed IRA with Checkbook Control?

Register for our upcoming webinar on Self-Directed IRA's. We will be discussing Self-Directed IRA's with ReSure LLC founder and CPA @Bernard Reisz.

If you would like to learn more about Self-Directed IRA's with Checkbook Control and how you can use retirement funds to invest beyond the stock market, register today.

In this webinar, you will learn: 

  • What a Self-Directed IRA is and the different types: Traditional, Roth, SEP, and Simple.
  • Pros & Cons of Checkbook control.
  • Checkbook Self-Directed IRA setup process
  • IRS rules you should be aware of.
  • and more...

Best,

Post: Long Distance Turn Key Rentals

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

Thanks @Bernard Reisz I am looking forward to the webinar.  Below is some additional information for those interested.

What is a Self-Directed IRA with Checkbook Control?

Register for our upcoming webinar on Self-Directed ReSure LLC founder and CPA Bernard Reisz.

If you would like to learn more about Self-Directed IRA's with Checkbook Control and how you can use retirement funds to invest beyond the stock market, register today.

In this webinar you will learn:

  • What a Self-Directed IRA is and the different types: Traditional, Roth, SEP, and Simple.
  • Pros & Cons of Checkbook control.
  • Checkbook Self-Directed IRA setup process
  • IRS rules you should be aware of.
  • and more...

Post: Aug 16th Webinar: Self-Directed IRA with Checkbook Control

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

What is a Self-Directed IRA with Checkbook Control?

Register for our upcoming webinar on Self-Directed IRA's. We will be discussing Self-Directed IRA's with ReSure LLC founder and CPA Bernard Reisz.

If you would like to learn more about Self-Directed IRA's with Checkbook Control and how you can use retirement funds to invest beyond the stock market, register today.

In this webinar you will learn:

  • What a Self-Directed IRA is and the different types: Traditional, Roth, SEP, and Simple.
  • Pros & Cons of Checkbook control.
  • Checkbook Self-Directed IRA setup process
  • IRS rules you should be aware of.
  • and more...

The Self-Directed IRA is an excellent vehicle for investing in alternative assets. Always evaluate and clearly understand the underlying asset you are investing in.

Best,

Post: 11 Units - Retro Row Alamitos Beach Long Beach Acquired

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

LMDG's Fund II has entered into a contract to acquire another property. It is located in prime Alamitos Beach within walking distance of Retro Row, Bixby Park, and the beach and is an 11 unit value-add apartment building. This project is also located within walking distance of our existing project at 315 Cherry creating tremendous synergies for renovation and management of the two properties.

LMDG will improve all of the apartments and increase rents by 70% - 90% over the next 12 months as tenants vacate the property and units are remodeled. We anticipate a 40-50% increase in the value of the asset upon stabilization.

Fund II is still open for investment. For more information, download our flyer which outlines the strategy of the fund, track record, fund structure, and projected returns.

Post: Investor IRR target of 15% - 18% SoCal Coastal Properties

Aaron MerrimanPosted
  • Investor
  • Long Beach, CA
  • Posts 237
  • Votes 56

LMDG Real Estate Value Fund II, LP has acquired its first two assets and renovation has begun. The first property is an 8 unit value-add apartment building located in Alamitos Beach (Long Beach, CA). The property was acquired at approximately 60% of replacement cost and is operating at rents 40% below market.

The property is located near Long Beach's Retro Row and Bixby Park and a short walk to the sand.

For more information, download our flyer which outlines the strategy of the fund, track record, fund structure, and projected returns.

The target return for the fund is 15%-18% net IRR based on past performance.