Projected NOI = $493K, primary through 3% lower vacancy, income from Utility because the current rent is inclusive of utilities and the Sponsor do not want to include Utility in the new terms, and reduced operating expenses Potential gross rent = 1.1M, minus 7% vacancy & other cost, Net rent = $970K (80K increase) Other income = $42K Add income from water reimbursement and electricity: $134K ($134K increase)-------- Real Estate Taxes 108K Insurance 42K (40K cost decrease) Property Management + Asset management 45K General & Administrative 15K Marketing 10K Payroll and Payroll Taxes145K (65K cost decrease) Repairs and Maintenance 46K Contract Services47K Electricity 77K Utilities Water 64K (60K cost decrease) Utilities Gas 15KI found the Sponsor through a very close friend a mine, she works in PE industry and she is very well analytical and she invests.

Since my family has moved to Toronto and I would like to explore the investment opportunities in the US (US produces a better ROI)My goal:My three year goal is to build up my portfolio in real estate and expand my network in the US by leveraging my access to Chinese investors.My 5-10 year goal is to set up a PE fund specialized in real estate investing in the US and would like to get some hands-on experience on some development projects in the US.My solution:First, I need to identify a niche investment strategy that can maximize the return for every party involved in a sustainable and recession-proof way.Second, I am able to invest and control remotely but eventually I would like to get some hands-on experiences as well.Third, I need to find someone that I can trust and has a proven track record that can get things done on the ground.

Illiquidity is an issue with any PE/Hedge Fund/Private REIT and isn't unique to Fundrise. 

I have the connections to plenty of consultants (PE,SE,CE,GC,etc) but not so much to the subs (framer, conc. layers, plumbers, etc).

I can tell you that Engineered Solutions PE was terrible to work with.

Average P/E ratio in the S&P is about 15 right now.

But really just feedback from what I've noticed when working with investors and PE funds.

It was also comparatively pricey with a $200/month minimum obligation.BuildiumBuildium is a web-first platform started in 2002 and has grown into a global, PE-backed player. 

Since that number is suppose to be the income - Expenses without reserves.Wie Jie, not 100% sure what your looking at, but if it’s the last PE, then we are trying to break the formulas to make it do that and we can’t!!  

I currently have one private investor along with myself that can help cover the cost of rehab or down payment for a property and right now we are trying to get our finances in order while we look at potential homes in the Northern, NJ area.Also as a way to try and give back, I am geotechnical engineer (EIT not a PE yet) and work with design consultant in Newark, NJ.