I have been there, wanting to invest in real estate but not knowing where to begin.
Most people are busy and don’t have the time required to learn the ins and outs of real estate to purchase an investment property. So they end up giving up the idea of investing in real estate and assume that it isn’t a feasible option.
One common misconception is that to invest in real estate; you have to be a landlord. Trust me; I did it. Nothing wrong with being a landlord, but you’re signing up for a ton of work if you decide to self-manage. Even if you assign to an adept property Manager, the model isn’t scalable.
Thankfully, we have other options that don’t include being a landlord nor investing in REITs. You can invest and own real estate and reap all the tax benefits of owning property without the hassle via the syndication model.
Apartment Building Syndication is the alliance or partnership between various individuals combining their skills, resources, and capital to purchase and operate a property that otherwise would be impossible to acquire on their own.
At the center of our mission at the Formica Investment Group (FIG), we work closely with investors to acquire income-producing apartment buildings in stable and growing markets as a more robust and profitable investment alternative to the stock market while improving our resident’s experience.
We leverage our experience and industry relationships to find and analyze countless deals before pinpointing the one that meets our criteria to deliver stable returns to our investors. Our passive investors get to invest “passively,” thereby freeing their time from dealing with property repairs and leasing hurdles with residents.
Interested in learning more about investing in apartment buildings? Please, join our investor list to stay in the know and be informed about the next investment opportunity.