All Forum Posts by: Vessi Kapoulian

Review the Bylaws, CC&Rs, Financials, Budgets, House Rules, Reserve Studies, and Meeting Minutes to gain insight into their financial position and board/culture dynamics. That should help you determine how you want to proceed.

@Soup Nikk 

To address your question, the ATM fund is a type of passive investment where you invest with an operator of ATMs. The operator purchases the ATM machines and leases them up to third parties (stores, banks, gas stations, and other commercial establishments). The cash flow for monthly distributions is generated from the monthly lease income stream.

I have invested with one particular syndicator that I know personally. However, there are a couple of other well known syndicators that offer this investment opportunity. All are with the same operator.

ATM Funds seem to address your goals of consistent 9%+ preferred return, monthly consistent cash flow, and 80% bonus depreciation (for 2023). I know a couple of operators that offer that LP opportunity and I invested with one of them.

It usually triggers intangible tax, so not uncommon to pay that. We worked with US Deeds in the past and the process was very smooth.

Rod Khleif has a virtual 2-day bootcamp coming up in May'23. 

@Kalo (Kyle) Atanasoff, I will DM you.

J. T. Lynch from Ramey King Insurance - very knowledgeable and helpful with insurance for multifamily.

Alfred, there are numerous deal analyzers. Ultimately the best one is the one that is best for you, i.e. depends on preference. To name a few: Syndicated Deal Analyzer by Michael Blank, Robert Beardsley's Deal Analyzer (that one you can pull for free), Rod Klief's deal analyzer (if you sign up for his upcoming 1-20-2023 boot camp I think you might get it as part of the library package but not sure), Synthesis, Justin Goodin's model. There are probably others but these are most frequently used.

Buckingham Investments has good SoCal market info posted on their site.

@Dean Harris and @Douglas Skipworth have a Memphis specific podcast that I recommend. Apart from that, you an reference the attached book list for transition from residential to commercial-multifamily - https://dbacapitalgroup.com/bo....