In this case, there's no debt, meaning the investment has to throw off more than a 6.5% return for you to make a dime, and a multifamily deal trading at today's prevailing cap rate of 5% or so isn't likely to exceed the pref for quite some time, and with accrued pref stacking up you might not make a dollar for 3-5 years. 

don't step over a dollar to save a dime. 

Your quote,"and I’ve never lost even a single dime of investor capital," is wonderful to hear.I have 13 times the money I might lose in this Open Door Capital investment invested with your firm.

You technically don’t need to spend a dime if you already have real estate experience and can explain your understanding of the risks and benefits. 

Yes, they do nickel and dime some but the are competent and communicative.

Every dime I had went into my first live-in flip.

The people with 0 equtiy hoping to do a $50k reno on my dime on hopeum it will get there $350k property sold at $500k as a completely unsupported ARV, not-gonna-happen. 

But just as important, I want someone who’s transparent, responsive, and doesn’t nickel and dime every repair.I self-manage locally here in NC, but when I’ve had out-of-state deals, a solid PM made all the difference in keeping things running smoothly and stress-free.

Some have never distributed a dime, even though they were advertised as cash flow investments. 

I'm tired of chasing dimes.