All Forum Posts by: Trey Wheeler

Hi BP Community! My question relates to syndication structures with respect to how a sponsor categorizes cash distributions. 

If you have syndicated a MFH deal, have you chosen to categorize the cash distributions (whether a pref or straight-split) as a return-of-capital, or, as a return-on-investment?

As I understand it, paying distributions as ROI (not ROC) makes sense with a pref structure, however, from a sponsor's perspective in a straight-split, what is the benefit to a sponsor to pay distributions as ROI? It seems to me that paying distributions as ROC means there's less (or no) capital to return to investors at the time of sale. Thus, treating the distributions as ROC (not ROI) would undoubtedly provide a larger "pie" of net sales proceeds to then divide among investors and sponsors according to the PPM straight-split agreement, correct?

@Brian Burke provided excellent thoughts on ROC vs ROI in this forum post (https://www.biggerpockets.com/forums/432/topics/215958-what-are-typical-apartment-syndication-returns-for-an-investor). 

Thanks in advance! 

David, welcome! I'm an investment minded Real Estate broker and actively work with investor clients. Would be more than happy to connect with you and assist in any way I can! Trey 

@Tim Maciasz Yes I can send you the information. What's a good email address for you? 

Hi BP Community!

I have a rental property available for a Buy and Hold investor that wants to add to their portfolio. This is a 2006 built, clean, move-in ready home in Lake Stevens. If you'd like the address and photos, please provide your email and I'd be happy to send them to you!

Trey 

 Phil,

I just sent you the property info via email. There has been strong interest already, so please let me know if you have any questions ASAP. And if this property doesn't fit what you're looking for, I'd be happy to keep you in mind for future projects as well. What's a good number to reach you?

Trey

425-985-7613

 Charlie, thanks for reaching out and offering to be a resource! I'd definitely like to learn more about your Hard Money terms and/or products, so please message me privately or send me an email with more information, [email protected]. Thanks and look forward to hearing from you!

 Bob, I just sent you an email. Look forward to hearing from you!

Hi BP Community, I have a Flip opportunity available that is under contract in Snohomish, Washington. The home is vacant and ready to go! 

- Acquisition Price $290k

- Fix Up $50-70k

- ARV $435-465k

If you'd like more information including photos and comparable sales, please message me with your email address and I'll send them to you!

- Trey

Hi BP community, I am looking for buyer for a I-502 Marijuana Business for sale in Skagit County.

- The business is located in Skagit County, Washington

- Sale Price $2,200,000

- Inventory Included with the Sale is Approximately $200,000

- 2016 Approximate Sales $3,000,000

- 2016 Approximate NOI $1,000,000

- Buyer must have at least 20% down

If you'd like more information about this Business opportunity, please message me your email address and I will get you more detailed information!