Fund is completed!!!

[Leo Hefner]

After several months and long nights, we have completed our SEC filings and v1.0 of the marketing material for our fund! (Big Sigh) So much still to do but relieved all the legal stuff is out of the way and we can move on the next level of raising capital.

[Leo Hefner]

So Bob, I did not post here to sell anyone or convince anyone to come invest with me. I am and have been successful with what I do and how I do it. I am not here to convince you that what I have is the best thing since Hamura's Saimin, I am here share a win for my team.  I posted here as a success story, since that is the topic we are in.  But to simply answer your question, I can spend $166k for $10k NOI or I can spend $166k for $30k NOI. I am specifically targeting C and D class properties because in the next recession, my renters are not loosing jobs and moving to get new ones. My renters are section 8, VA, SSI, disability or minimum wage workers. I expect in that space I will have vandalism and tenant issues. So far in the last 12 months, I have not. In fact I have only had 2 weeks vacancy across the board.