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Updated over 4 years ago on . Most recent reply

"I own 164859948 Doors"
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

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.