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All Forum Posts by: Brett Merrell

Brett Merrell has started 7 posts and replied 27 times.

Thank you Andy.  I am not investing with GoodEgg!

Quote from @Aj Joshi:

@Steven Rosenfeld , I am in the same shoe now as you were 10 months ago!

I am considering Goodegg investment too. Did you end up going with them?

Any thoughts you would like to share?

Appreciate any updates regards to this Syndication or any other that you liked? Thanks!


 AJ, did you ever invest with GoodEgg?  If so, how has the investment worked out for you?  What has GoodEgg been like to work with?

Quote from @Jason Merchey:

My belief is that Praxis is the gold-standard. I don't think anything is 100% sure, and all the documents all the syndicators have you sign will melt your face off. But if you're willing to take a tiny leap of faith, I think the returns are solid, the diligence and the integrity are there, and the states/markets/submarkets and the asset class are thumbs-up. I can't think of a better syndicator to invest with, frankly. If you read Brian's informative book, you will learn that he finds integrity to be #1. That plus his willingness to communicate with anyone who asks him questions and his team are very  praiseworthy. All systems are "go" for me re: Praxis MF F 6, so here goes! I put the odds at 97% an investor does very well, 2% that through no fault of Praxis' the housing market and/or the economy enter a tail-spin due to inept political leadership at the highest levels, and 1% that Brian is the biggest fraud ever to fool me. 

I say that mostly tongue-in-cheek. I just mean to say that I don't think there is anything wrong with their business plan, their operational expertise, and so on, so unless something melts the economy down, it seems as though Brian integrity of the operators is the only remaining variable. And considering I think a person who puts in plain black and white that integrity and character of the operator are key -- and then does something underhanded and incompetent is just mind-boggling to consider -- so I'm only left with a negative feeling about the documents these darned attorneys dream up! 

Perhaps this post is kind of droll. I am a writer, at bottom. I'm happy to answer any messages anyone has if any of this is unclear. I am definitely not casting aspersions on Brian's character, or Praxis! I'm psyched to put a significant amount of my net worth on the line, in fact. 


 Jason, Did you make investments with Praxis Capital?  If so, how have they gone? What ws your experience working with Praxis?

Post: Passive investing with a syndicator

Brett MerrellPosted
  • Bountiful, UT
  • Posts 28
  • Votes 7
Quote from @Louis M Cocce Jr:

Hello

I am interested in passive investment through a syndicator. I am new to this and have been reading and researching.

I have a meeting set up with Praxis Capital.

Has anyone invested with Praxis Capital and if so just wondering about your experience.

Thank you


 Louis, did you ever invest with Praxis Capital?  If so, how has that investment paid out and how was Praxis to work with?

Thank you Amanda for your input.  I believe that finding good people you trust is a key part of findings by a good syndication partner. 

I am looking at a syndicated  investment with Gray Capital, Solana Apartments in Indianapolis, IN.    What experience have you had with Gray Capital in one of their syndications?  

If from Indianapolis, do you know of the Solana Apartments?  Any insights?

I am looking at duplex and fourplex new construction in San Antonio that is built by the "Invest 5S" developer, https://invest5s.com/. Is this a reputable builder? What is the quality of their construction? Are they financially strong? Pros and Cons in using them?

Invest 5S has their own Property Management group, Turn Key Rentals, that manages the properties they build/sell. Do you know about this property management company, their reputation, how good of a property management group they are? Pros and Cons?