All Forum Posts by: Jing Chai

Investment Info:

Large multi-family (5+ units) commercial investment investment in Aventura.

Cash invested: $25,000

Cardone Capital Cardone Equity Fund VI, LLC

Investment Info:

Large multi-family (5+ units) commercial investment investment in Aventura.

Cash invested: $17,500

Cardone Capital Cardone Equity Fund V, LLC

Investment Info:

Single-family residence buy & hold investment in Sunnyvale.

Purchase price: $437,100
Cash invested: $689,873

Primary house bought at trustee sale auction, did addition and rebuilt in 2018. Currently 4 BD/3 BA house, renting out front 2BD/2BA on Airbnb and Kopa for an average of $3300/month.

Investment Info:

Single-family residence buy & hold investment in Santa Clara.

Purchase price: $15,200
Cash invested: $15,200
Sale price: $22,400

2% tenant in common ownership with family in single family residence. Bought in 2015 and sold in 2020 for a 47% gain.

@Tom Makinen, unfortunately I'm single at the moment but appreciate you letting me know about the EM deal!

@Jason Yarusi

Thank you for your advice, really appreciate the perspective you’re giving me! It’s great to have someone look out for someone like me that’s starting out.

@Tom Makinen, best case scenario is I can get accredited by 2021 if I can make $200k this year and next year. If net worth took into primary residence it would really help as my primary house is easily worth $1.2M+. 

@Charles Worth, really appreciate the advice! I will do my due diligent and evaluate everything before making such a large commitment.

@Alina Trigub, the sponsor of the meetup is a syndicator that had a table at the meetup event. During the break I walked up to learn more about what they did and they shared some of their projects and new projects they were accepting investors. The group's syndications are compliant with Rule 506 of Regulation D of the SEC Act.

Thanks Andrew! I will request the details of of the deal to take a closer look at everything.