Hi guys (this is a repost just to make sure I put in right forum),
My business has done well and I am looking to exit in the neighborhood of 7 figures.
I have been very actively seeking out real estate, running deals, trying to build teams etc and have learned a good deal about how the game works. At the same time, I am no expert and would prefer to spend time on other ventures I am more passionate and skilled with.
A friend referred me to a syndicate fund he invested with in MHP. I wanted some info and advice on the fund, my position and due diligence.
The opportunity is for investment in a large MHP fund with 100 million max offering. The managers have run several successful funds to date, data and numbers all supplied and are leaders in MHP space.
The investment is aimed at 5-10 years with sale of properties as final goal. The preferred returns are 10% a year for life of investment. There are additional cashflow and subsequent sale expected as well.
What are thoughts on this as an investor? Curious from other passive investors on opportunity and what returns you see elsewhere.
Cheers and thanks,
Matt