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Updated about 5 years ago,
Anyone have experience investing with these LLC’S?
Howdy folks,
Just getting started on my RE journey here. Looking at investing in a couple of different ways to see what will work best for my families lifestyle. While recently networking I was introduced to someone who is working with Newport RE Group LLC. They are syndication team that is currently purchasing distressed apartment complexes in Nevada and Texas. They renovate, take over property management, rebrand, re-rent, and sell after a certain holding period. Returns look solid. What I would like to know has anyone had experience with these folks? Looks like a couple of them were former Alamo Equities Group out of the Bay Area. Web searches bring back limited info on Newport RE Group. Just trying to make sure everything is on the up and up before investing. Any info or advice on what to look or ask for is much appreciated. THANKS