STR Fund currently raising from accredited investors: 8% preferred return

[Brandon Gidicsin]

Investment Info:

Single-family residence buy & hold investment in Lake Mary.

Purchase price: $4,000,000
Cash invested: $4,000,000

This is an STR fund I operate. Currently raising $4M to purchase 25 single family homes across Texas.

What made you interested in investing in this type of deal?

I love Texas as a market. Strong job and population growth. Additionally, STR is a great asset class for cashflow.

How did you find this deal and how did you negotiate it?

Though an investor colleague of mine.

How did you finance this deal?

LP equity

How did you add value to the deal?

Landscaping, painting kitchen remodeling