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Updated over 4 years ago on . Most recent reply

User Stats

15
Posts
16
Votes
Kate Zieverink McMinn
  • Real Estate Agent
  • Cincinnati, OH
16
Votes |
15
Posts

"I own 164859948 Doors"

Kate Zieverink McMinn
  • Real Estate Agent
  • Cincinnati, OH
Posted

If I own a duplex by myself, a 4 family with a partner, and a 12 unit syndication with 3 other people... 

Do I own 18 doors?  

Do I own 7 doors (2 + 2 + 3)? 

Obviously ownership isn't split up this simply or evenly, but do all owners claim all doors in a partnership/syndication?  Kind of a silly question, but wondering what other people "claim" when discussing with other investors, friends, realtors, lenders, etc.  


Most Popular Reply

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8,794
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4,382
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Bryan Hancock#4 Off Topic Contributor
  • Investor
  • Round Rock, TX
4,382
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8,794
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Bryan Hancock#4 Off Topic Contributor
  • Investor
  • Round Rock, TX
Replied

Claiming you own 300 doors when you own a $25k interest in a syndication passively is akin to saying you own all of the Fortune 500 companies by owing shares in your index fund.  

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