The Real Estate Crowdfunding Review January 2019 Update
Updated: Feb 11, 2020
Rich Uncles REIT I shuts the gates on investor withdrawals as the fund takes a NAV loss and a board member resigns. Also, check out the 2019 update on my entire real-estate portfolio, extended club specials, database, "local eyes", local chapters and more.
(Usual disclaimer: I'm just an investor expressing my personal opinion and not a financial advisor, attorney or accountant. Consult your own financial professionals before making any financial decisions. Code of Ethics: We do not accept any money from any sponsor or platform for anything, including postings, reviews, referring investors, affiliate leads or advertising. Nor do we negotiate special terms for ourselves in the club above what we negotiate for the benefit of members.).
News and Analysis
Rich Uncle's NNN's big brother fund blocks investors from withdrawing, takes a NAV loss and board member resignation Rich Uncles announced it's suspended investor redemptions for REIT I under what it calls a "strategic alternatives review process". This occurred after the NAV of the fund dropped from $10.66 a share to $10.57 a share over challenges "funding our share repurchase program and other cash needs". Additionally an independent board member has resigned from REIT I (and 3 others also resigned from the NNN fund). (Read more...)
A Peek Inside My 7 Figure Real-Estate Portfolio: 2019 Update 2018 wasn't a fun year for traditional investors in public stock markets. But my real-estate portfolio happily hummed along with a healthy 8.76%+ return. See exactly how I did it, as I reveal every part of it and how it performed. (Read more...)
Is it time to worry about the EU? Hale Stewart isn't a chicken little. So when a cautious, data-driven guy like him says it's time to worry about the EU going into recession, I listen. (Read more...)
Private Investor Club Updates
(Membership in the club is free, but requires verification that the investor has no ties to platforms or sponsors.)
Core-plus NNN feeder fund: 3rd closing By popular demand, there's going to be 3rd closing of this fund in mid February. This is a feeder into rare fund where the sponsor has full real estate cycle experience with no money lost. It invests in what it calls "recession resistant" and Amazon resistant properties with long-term triple net leases and low (40%) leverage. It's also one of the few funds that has an investment grade rating. (Read more...)
Other Club News
A hard money loan fund extended it's lowered club minimum (Read more...)
An institutional real estate access fund extended it's "friends and family" club discount with hugely lowered minimum for access to cheaper class shares. (Read more...)
Another hard money loan fund warned it will be ending it's lowered club minimum soon. (Read more...)
New Club Deal Database Are the terms on that new deal great or ridiculous? Has the sponsor been a superstar or a dog? Please help yourself and all club members answer these questions (and more) by putting deals you've invested in, into the new club database. Once we get it going it will be an invaluable resource. Thanks! (Read more...)
"Local Eye" volunteers and local chapters Would you be willing to do a quick drive-by of a property in your area, if other members are having a problem with it? And/or, would you like to attend or host a local chapter of the club that would meet in person to network, discuss deals, etc.? If so, please add your name and info here. (Read more...)
