My personal multifamily portfolio investing as a limited partner.
PASSIVE INVESTING IN MULTIFAMILY ASSETS
OmniVest Capital Offers multifamily investments through syndications.
Passive investing is a wonderful way to increase your net worth. Investing as a limited partner (LP) is an easy way to invest in large multifamily assets without having to source, underwrite, fund, close and manage the day-to-day operations of the property.
Multifamily has proven to be a stable asset class through numerous market cycles. Investing in landlord friendly states, which exhibit strong population, job, and rent growth. Multifamily asset considered to be “B” and “C” class assets are great value add opportunities. These typically will garner the greatest returns over a 3-to-5-year hold period. Class “A” apartments will likely be held for cash flow/yield over a long-term hold period, 7 to 10 years.
Investment can be made with cash, 401K/IRA funds. Limited partners who invest with cash, receive the benefit of depreciation and bonus depreciation. Investors receive monthly financial updates, quarterly distributions, and participation in proceeds from sale.
In addition to offering passive investment opportunities to investors, I personally invest as a limited partner (LP) in large apartment properties located in AZ, NV and TX. Working with knowledgeable general partners (GP’s) has been the key to success. Currently, I am invested in just over 4000 units. Some of my investments have gone full cycle others are still in the value-add process, yet to be sold. Included is a list of properties in my portfolio.
These investments are only available through Syndicators/General Partners. For investors who are interested in syndications, investing as a limited partner provides access to large investment properties, which otherwise would not be available to the individual.