Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Hetal Patel

Hetal Patel has started 1 posts and replied 3 times.

Post: FNRP investment feedback

Hetal PatelPosted
  • Billerica, MA
  • Posts 3
  • Votes 1

So they did not hit any of their targets last year for any of the properties I invested. Overall I invested in 3 different properties and my distributions from last year were less than 2%. Some closed in 1st and 2nd quarter last year, but they were targeting 8-10% distributions which did not happen. Hoping FNRP K-1s will help me offset other personal investments so I might be able to benefit on paying less taxes. Otherwise, I wouldn't recommend investing in FNRP. 

Post: FNRP investment feedback

Hetal PatelPosted
  • Billerica, MA
  • Posts 3
  • Votes 1
Quote from @Anna D.:

@Hetal Patel hi. I have been researching about this company myself. I'm so interested in trying to invest in them. There are 2 questions here in Biggerpockets about them, one of which is yours... but nobody responded☹️. Did u by chance moved forward in investing with FNRP?

Hi Anna. Yes I did move forward with investing in FNRP deal and got my first distribution last month. With the interest rates rising, I'm not sure we'll be able to sell at targeted cap rate they advertised during the promotion, but making money nonetheless.

Post: FNRP investment feedback

Hetal PatelPosted
  • Billerica, MA
  • Posts 3
  • Votes 1

Has anyone invested with FNRP and other type of real estate investors? Trying to get feedback and your thoughts.