All Forum Posts by: Scott M.

@Bob Malecki - Thanks

@Henry Li - thanks for posting this......i would be curious to hear from others too in regards to initial investment, how long they have been in, what has been learned, etc

thanks @James Mc Ree

Would like to hear from any others or @PPR about this too

I've also been interested in this fund. I have spoken to PPR and they have been very responsive and great to talk with. I guess my only hesitation is still the lack of understanding on how it works. I am a passive investor, so all I really want to get clear on is how is my principle investment protected and what is the risk to it? I know they have have a stellar track record & hVe never missed a payment, but still I need to understand the safety of the investment in a worst case scanrio? If I could get that answered confidently, I would be in. Would much appreciate any feedback.

thanks all for the responses so far.

@Kyle Hipp are these apartment buildings you own? What % of total income do you find goes toward total expenses yearly on average?

All,

Looking at 33 units spread across 3 buildings in a historic area. All units have been renovated completely. Just curious in general I'm looking conservatively what % of income goes towards expenses usually on buildings of this era? I understand all the common stuff ( roofs, electrical, etc) but are there certain expenses that are greater with buildings this old compared to newer ( 20 yr or less) buildings? Also, how to determine if structure is sound and the life cycle of something like this? How much more expensive of replacement of parts to meet historic code? 

What kind of property management are you looking for? Residential, MultiFam, Retail?

@NikS - could you expand on the cost your PM is charging & how you found/chose the company? What made them/set them apart from others and felt like the right fit for you?

Thank you James for your insight. I had just noticed some road widening off of I-985 at friendship rd.

James,

What is your current take on the Buford area in Gwinett? Is there some growth there?