All Forum Posts by: James Kandasamy

@Tony Castronovo Thanks

We posted the details last years in Bigger pockets see here.   

https://www.biggerpockets.com/forums/223/topics/54...

@Bradley Kirschbaum

We are doing a private educational road trip to one of our properties that was closed in 2016. We created 5m in value and cash out 117% of our investment within 12 months of operation. We will open the books on how we did it, the type of rehabs and our execution strategy. We have a few more spots left for any passive investors to join us.

The event is taking place in San Antonio on 9/29 morning. Please pm me with your email if you are a passive investor and interested in attending this event. 

Note: This is not a "feeder" event for any upsells of any program or groups/clubs memberships. Its purely educational and networking opportunity. Space is limited.

Wow, didn't expect the number of responses for this Webinar. Btw, who wants to the usual personal income taxes when you can use legal methods that are given by the IRS to incentivize Multifamily investors.

@Alina Trigub Yes, it will be recorded but the replay is only available to the people who register. So at least register for now.

Personal Tax savings is one of the primary reason many people like Multifamily as an Investment vehicle. We are bringing my Tax CPA to explain how Multifamily Investment impacts your personal income taxes. Learn what is a K1 form and how to read them correctly, Why Multifamily tax benefits beat Self Storage, Office, Retail, Warehouse asset classes. New 2018 Tax Laws benefits such as Bonus Depreciation, Cost Segregation etc.

https://zoom.us/webinar/register/4715340879954/WN_...

We usually present this to our internal investors. We have decided to open this webinar up to outsiders as well. On August 24th 8pm CST, We are conducting a free Webinar on Multifamily Tax Benefits - Insider secrets that you don't want to miss. Please click here to register

@Shawn Lowery Thanks for the compliment. When we see this type of deep value add, we will evaluate the existing tenant base to determine the projected occupancy rate. In this case, we knew that the tenant base is bad so we told our investors that we expect the physical occupancy to dip below 90% for 6-12 months. So we set the expectation to our investor base. On our proforma, we projected a 15% vacancy and recover to 10% in Year 2 onwards. We were able to be up to 10% in 6 months as we were aggressively working hard.  What we learned first hand on the tenant base is there will be many bad tenants skipping at the middle of the nights, there will be high bad debts and prepare to put a tough manager to handle evictions. All of that happened as expected in the first 3 months after the takeover.

Are your Multifamily assets protected from lawsuits? Please join us for a free webinar on Real Estate Asset Protection. Achieve Investment Group has partnered with asset protection attorney, Scott Smith from Royal Legal Solutions to present a webinar on asset protection. Royal Legal Solution is one of the top asset protection company in the nation. We will cover the general topic of real estate asset protection with some focus Multifamily investing. We will answer some of the questions such as

1) Is it good to invest passively using a Trust or LLC or personal name?

2) Is my equity position protected if the sponsor gets into trouble?

3) How to protect the investments from the lenders (of course when markets turn bad...)

4) Do I need an S Corp or LLC to protect my investments?

5) I have insurance isn't that enough? (The shortcoming of insurance...)

If you're interested in being truly protected (or if you're not quite sure whether your current protections are enough) then you'll want to attend the free 1 hour Webinar meeting on where he will show us the most advanced Asset Protection systems used by his over 1000 clients. If you're a real estate investor with 2+ properties, then you are an ideal candidate for this type of information.

When: Apr 25, 2018 12:00 PM Central Time (US and Canada)

Topic: Real Estate Asset Protection with Focus on Multifamily Investing

Register in advance for this webinar:

https://zoom.us/webinar/register/WN_IboHT7hXRs2yK9OQ6LfcrQ

Thanks @Kanwar Sodhi @Cierra Rose

@Andrey Mitrofanov  it depends on how a syndicator structure their deal.  Some syndicators are fee based and some are cash flow profit split based.  PM me for the details as this is a long explaination. Yes investors maintain their equity even after refinance in this case.  Yes they is a voting process to decide on sell/refinance decisions .  Their voting rights are based on their contributions.

@Troy Williams Got It. Thanks for the explanation.