Alternative Investing Club

Club Fund Strategy and Stoic Presentation Daniel discussed the strategy for the club fund, aiming to invest in 7 to 10 different sectors, including oil and gas working interest groups, real estate debt groups, industrial groups, and a credit litigation fund. He encouraged the team to suggest other potential sectors. Daniel also provided instructions on how to stay updated with the club's activities through the website. Grant then presented on his company, Stoic Equity Partners, which invests in value-add multi-tenant flex properties in the southeast. He highlighted their portfolio and investment strategy. Flex Industrial Properties and Tenants Grant discussed the characteristics of flex industrial properties, which are typically 50 to 150,000 square feet with a mix of office and warehouse space. These buildings are flexible in layout and are often located in business parks on the outskirts of town, or in retail corridors. They cater to a wide variety of tenants, including service-based companies, logistics firms, e-commerce, HVAC cleaning companies, and some specialized life science space. Construction types include concrete, tilt-up, or metal buildings, often with a brick or stucco facade. Grant also clarified that they focus on multi-tenant properties and value-add strategies, and they primarily use regional banks for financing. Building Flexibility, Triple Net Leases, and Location Strategy Grant explained the flexibility of their buildings' interior layouts, which can be adjusted to meet tenant needs, and clarified that most expenses, including common area maintenance, taxes, and insurance, are passed to the tenants in a triple net lease arrangement. They also shared that their company, a private equity firm, acquires and operates assets, utilizing third-party property management for tasks such as landscaping and HVAC maintenance. When asked about their location strategy, Grant indicated a preference for secondary cities in the southeast with a population of about one million, aiming for stabilized markets with potential for growth. Flex Industrial Properties and Investment Strategy Grant discussed the appeal and characteristics of flex industrial properties. These properties, which typically feature a mix of office and warehouse space, have become more valuable due to the work from home trend and the need for physical locations for certain types of work. Grant pointed out the lower supply and high demand for these properties, which his company has been able to acquire at below replacement cost. He also mentioned the use of multiple tenants to mitigate vacancy risk and the strategy of converting underutilized office space into more flex spaces. Finally, he highlighted the importance of property upgrades, such as landscaping, new roofs, and parking lot improvements, to attract better tenants and improve occupancy rates. Flex Industrial Spaces Market Dynamics Discussed Grant discussed the market dynamics of flex industrial spaces, highlighting the current supply-demand imbalance, particularly in the southeast. He explained that the high cost of construction, coupled with rising rents, was preventing new developments. However, he predicted that as rents continue to increase, new construction would become more economically viable. Daniel inquired about the discrepancy between building and acquisition costs, to which Grant attributed it to the rise in construction prices and the lag in rent increases. The discussion also touched on the typical lease lengths and built-in rent escalations. Towards the end, Colette asked about typical deal sizes and the number of states targeted in a fund. Asset Syndications and Closed-Ended Funds Strategy Grant explained that his firm offers both individual asset syndications and closed-ended funds, allowing investors to choose their preferred investment style. The typical deal size is between 50,000 to 150,000 square feet, with a minimum investment of $50,000 for accredited investors. The firm's exit strategy involves holding assets for five years before selling to larger investors, with a focus on value addition. They aim to acquire properties between 40,000 to 50,000 square feet, but will consider smaller deals if they are deemed great opportunities. The overall cost for a typical value-add deal is around $93 per square foot. Company's Real Estate Focus and Challenges Grant and Daniel discussed the current state and future plans for their company's real estate portfolio. Grant mentioned that they primarily focus on industrial properties, which have been experiencing increasing demand due to the growth of e-commerce. They also touched upon the challenges of property insurance in the southeast and the impact of rising rents on tenant affordability. Additionally, Grant shared a case study of a property they acquired in Ridgeland, Mississippi, and its subsequent transformation from primarily office space to a mix of warehouse and flex spaces, resulting in increased occupancy. Property Acquisition Strategy and Fund Metrics Grant shared the success of a recently acquired property in McDonough, Georgia, which has seen a significant increase in rental rates and occupancy. The strategy for this 90,000 square foot property, purchased at $64.50 per square foot, is to continue pushing rents towards market rates, which are currently at $12 per foot. Daniel inquired about the fund metrics, with Grant confirming an average cash on cash return of 7 to 8% and an IRR net to the investor of 15 plus%. The fund, launched in January 2024, will raise money until December 2024 and aims to acquire 7 to 11 assets, primarily 1980 to 2000 vintage with upside potential. Grant also clarified that all assets in their fund have debt, with cash flows starting in Q1 2025. Company's Property Scouting and Market Strategy Grant explained their company's strategy for scouting and acquiring properties in targeted markets, emphasizing their focus on fledgling markets with high growth potential. They buy most of their properties off-market through brokers, and aim to own 40-100 properties in each market. Daniel asked about the risk of oversaturation in the flex market, to which Grant responded that while every asset class goes through a time of oversaturation, they believe they have a long way to go before reaching that point in the flex market. The conversation also touched on the impact of supply chain disruptions and economic downturns on their business.

Courtney's Journey and Tax Benefits of Oil Investments Courtney shared her personal journey of inheriting her father's oil and gas company and her subsequent evolution into syndication. She highlighted the tax benefits of investing in oil and gas and the importance of diversifying one's portfolio. Courtney also discussed the ongoing demand for oil despite the rise of renewable energy, and the significant role it plays in various aspects of daily life. Additionally, she explained the tax benefits associated with investing in a working interest in oil and gas deals, which can offset any kind of income, including passive and capital gains. Tax Benefits and Risks of Oil Investments Courtney discussed the tax benefits of investing in oil and gas, highlighting that there's no limit to the offset of capital gains and that depletion allowances offer a 15% discount on income produced from these investments. She also provided a detailed breakdown of how these tax benefits work using an example of a $500,000 income. Courtney then outlined the various risks involved in investing in oil and gas, including the uncertainty of returns, the risk of drilling a dry well, and potential expenses associated with maintaining wells. She recommended only investing with major oil and gas companies in proven areas, and stressed the importance of due diligence. Discussing Mineral Interests and Returns Courtney and Daniel discussed the verification of information regarding acquired and working mineral interests, emphasizing the importance of transparency in the oil and gas industry. They also reviewed the recent acquisition of an 11.44% interest in four wells located in Campbell County, Wyoming, which were expected to produce about 3.2 million barrels by the end of July. Courtney clarified the returns on an investment in oil and gas wells, noting that the majority of the return is received in the first 10 years, with 80% of it coming in the first five years. She also discussed the calculated expected net revenue income on a $1,000 investment, which yielded an estimated $304,000, and the expected returns at each stage of the oil production pipeline. Daniel expressed further interest in the project and indicated he had more questions to be addressed. Purchasing Mineral Rights for Oil Production Daniel and Courtney discussed the specifics of purchasing mineral and drilling rights for oil production. Courtney explained that they purchased a working interest, not the rights to a large area, in four wells that were not yet brought online. She clarified that they did not buy the rights to 2,000 acres, but rather a specific interest in each of the four wells. Courtney also mentioned that they acquired this interest through a landman, who had acquired the mineral rights at a low cost and then sold a portion to them. The landman had knowledge of investors looking for interest with major oil and gas companies. Courtney emphasized that this approach allowed them to bypass potential delays and risks associated with drilling and exploration, making it a safer investment option. Oil Industry Investment and Environmental Impact Discussion Daniel, Courtney, and Glenn discussed the investment implications of economic tax income benefits for oil companies and their environmental impact. Courtney confirmed many companies are trying to reduce their carbon footprint, but investing in them can be challenging due to negative environmental impacts. The continued demand for oil in the US was highlighted, along with the need to incentivize exploration and drilling. Daniel proposed creating an educational course with Courtney on the industry and investment opportunities. Courtney's QR code for investing in oil and gas partnerships was mentioned. They discussed exit strategies for their oil well investments once no longer economically feasible. The minimum investment for their operation was typically $100, but could vary. Daniel mentioned the Alternative Investing Club fund would be ready in two weeks with a $25,000 minimum investment, presenting an opportunity to invest as a general partner. Courtney hinted at a contingency plan if costs exceeded their break-even point. Daniel agreed to gather questions for Courtney to answer in a video recording for club members.

Paul's Passive Investing in Commercial Real Estate Paul discussed his experiences with passive investing in commercial real estate and the potential advantages of this approach. He underscored the difference between commercial and residential real estate, highlighting the latter's inefficiency for wealth creation and his own struggles as a landlord. Paul also shared his company's focus on various commercial real estate assets, while avoiding hotels, and discussed the benefits of passive investing, with examples of successful investors like Warren Buffett and John D. Rockefeller. Finally, he emphasized the importance of selecting the right deals and operators to ensure success in this investment strategy. Cost-Cutting Measures Boost Commercial Real Estate Value Paul discussed the potential for cost-cutting measures to add significant value in commercial real estate. He used examples to demonstrate how small adjustments, such as filling vacant apartments or reducing water bills, can lead to substantial returns. Paul emphasized that commercial real estate offers a unique opportunity to build value, and even minor improvements can result in large returns. He used Michelangelo's analogy of sculpting to illustrate a point about business strategy, emphasizing the importance of identifying the inherent value in raw material or potential and working to reveal it. Intrinsic Value in Commercial Real Estate Investing Paul emphasized the importance of intrinsic value in commercial real estate investing, encouraging investors to focus on deals or operators that can identify and extract this value. He stressed the need for deep focus and due diligence when investing passively, advocating for diversification across different asset types, properties, operators, geographies, and strategies. Daniel and Glenn asked for clarification on the roles of passive investors and operators in value-add examples, to which Paul responded that as a passive investor, he would conduct extensive due diligence upfront and maintain ongoing monitoring and accountability. He provided examples from his books, "The Perfect Investment" and "Self Storage", to illustrate intrinsic value extraction. Commercial Real Estate Investment Examples Paul highlighted three examples of commercial real estate investments. The first was a Las Vegas property that had been neglected for decades and was full of homeless tenants. The second was a self-storage facility in Grand Junction, Colorado, which was acquired from a neurotic seller with high delinquency rates but was significantly improved by the new operator. The third example was a self-storage facility in Beeville, Texas, which was acquired for $2.4 million and sold a year later for $4.6 million after significant improvements. Paul emphasized the potential for increasing income and value through proper management and marketing of these properties. Exploring Sponsors and Commercial Real Estate Deals Paul and Daniel discussed the potential benefits of seeking sponsors with both institutional and individual investors. Paul highlighted that institutional investors have more due diligence resources and a good track record, but noted that these deals are often difficult for regular individuals to access. Daniel agreed, suggesting that finding a group to pool resources for such deals could be a good strategy. In addition, Paul recommended Fred Hubler as a source for finding commercial real estate deals and getting investors into them. Daniel mentioned that Hubler might be connected to the 5.0.6 Club, which he was looking into. Commercial Real Estate Assets and Trends Paul discussed several commercial real estate asset types, with a focus on self-storage and mobile home parks. He explained that the self-storage industry, which consists of about 55,000 facilities in the US, is a lucrative and stable business, with potential for growth through value-added services. He also highlighted the increasing demand and limited supply in the mobile home park sector, noting the potential for affordable housing solutions. Paul pointed out the low capital expense budgets in mobile home parks as an advantage, and shared an example of a successful acquisition in Kentucky. Exploring Investment Opportunities in Asset Types Paul discussed potential investment opportunities in various asset types, including multifamily, self-storage, and RV parks. He highlighted the significant increase in demand for RV parks during the pandemic, and the potential for growth in this sector. Paul also shared insights on tax-abated properties and the benefits of investing in different parts of the capital stack. He emphasized the importance of considering the buyer's perspective, referencing a case where a friend acquired a property for $7.1 million and later sold it for $15 million, less than a year later. Exploring Value-Add Investment Opportunities Paul discussed various investment opportunities with a focus on value addition and tax-abated deals. He emphasized the potential of light industrial properties, which are often owned by small operators and have the potential for significant improvements. Paul shared success stories of properties that were acquired, refurbished, and later sold at substantial profits, with examples from the Oregon area. He also introduced the concept of open-air shopping centers, highlighting the current thriving market of off-price retailers and the opportunity to create arbitrage value by selling off out parcels. Preferred Equity, Risks, and Sectors Impact Paul discussed the potential of preferred equity as an investment option, citing Warren Buffett's purchase of preferred stock in Goldman Sachs during the 2008 financial crisis. He explained the different types of preferred equity and gave an example of a preferred equity investment. He also emphasized the importance of understanding the risks and considering factors such as liquidity and control. Additionally, Paul and Daniel shared their concern for human trafficking and discussed their support for respective organizations, Aim and Remember New Hampshire. Lastly, questions were raised by Glenn and Coldorf about the post-Covid and post-low-interest-rate impact on sectors like RV parks, mobile home parks, and theme parks, with Paul offering his perspective on these queries. Paul's Investment Failures and Lessons Daniel invited Paul to share his stories of failures and lessons learned as an investor. Paul shared several experiences, including his first significant losses in multifamily properties and a stolen bulldozer, advising others not to make similar mistakes, particularly concerning mobile homes. Daniel and William emphasized the importance of learning from mistakes and expressed gratitude towards Paul for his insights. The conversation ended with Paul encouraging everyone to check out a certain resource, 'wellings.capital', and wishing everyone a good weekend.

Alternative Investing Club https://alternativeinvestingclub.com Today our guest speakers are from Spectre Capital. Spectre Capital offers high returns by providing short-term senior secured debt to real estate borrowers. They focus on low loan-to-value ratios, quick closings, and underserved markets. Investwise Collective is a partner fund that offers access to Spectre's deals with a lower minimum investment. Key Insights - 📅 The Investwise Club has implemented live streaming and a referral program to attract top speakers and grow club attendance. This program incentivizes members to share the club and help it reach a wider audience. - 🏦 Spectre Capital specializes in providing short-term senior secured debt to real estate borrowers, offering quick closings and low loan-to-value ratios. This strategy allows them to generate high returns in underserved markets. - 👥 Spectre's team has extensive experience in finance and real estate, making them well-equipped to assess lending opportunities and manage portfolios effectively. Their expertise ensures a strong foundation for their investment approach. - 🏢 Spectre's focus on addressing market inefficiencies and providing short-term liquidity to borrowers in need allows them to offer high returns. By stepping in when traditional lenders cannot, they capitalize on their ability to provide timely funding. - 🏠 The case study of lending to a developer in Westover, Alabama showcases Spectre's impact. By providing a quick close and necessary capital, they enabled the borrower to complete improvements and sell the property for a profit. - 👥 Spectre's team includes experienced professionals in real estate lending and portfolio management, ensuring robust checks and balances in their investment process. Their third-party fund administrator and auditing further enhance transparency and accountability. - 💰 Investwise Collective offers access to Spectre's deals with a lower minimum investment, allowing individual investors to participate in opportunities typically reserved for institutional investors. This partnership provides a pathway to potentially high returns for a wider range of investors. Timestamped Highlights 00:00-01:05 📅💼 Investwise Club introduces live streaming and referral program to attract top speakers and grow club attendance. 01:06-05:20 🏦💰 Spectre Capital offers short-term senior secured debt with low loan-to-value ratios and quick closings in underserved markets. 05:21-09:55 👥🌐 Spectre's team has extensive experience in finance and real estate, with a focus on senior secured first position lending. 09:56-12:40 🏢🔒 Spectre provides high returns by addressing market inefficiencies and offering financing to borrowers in need of short-term liquidity. 12:41-17:35 🏠💼 Case study: Spectre lends to a developer in Westover, Alabama, who uses the capital to complete improvements and sell the property for a profit. 17:36-19:02 👥💼 Spectre's team includes experienced professionals in real estate lending and portfolio management, providing robust checks and balances. 19:03-20:13 💰📅 Investwise Collective offers access to Spectre's deals with a lower minimum investment, targeting a 15% annualized return.

Alternative Investing Club https://alternativeinvestingclub.com This Friday Speaker club meeting discusses how to vet a real estate syndication and covers topics such as evaluating the sponsor team, understanding key metrics, and assessing fees and projections.

Welcome to the Alternative Investing Club https://alternativeinvestingclub.com Kevin and Julia Windheuser share their experience building a single-family home portfolio through long-term rentals. They discuss their strategies, including the BRRRR method, tenant screening, property management, and the importance of cash flow, appreciation, principal paydown, tax advantages, and leverage in real estate investing. - 💼 The Windheusers emphasize the importance of setting clear expectations with tenants, conducting thorough tenant screening, and building good relationships to ensure successful property management. - 🏢 Long-term rentals offer stable and predictable income, appreciation over time, principal paydown, tax advantages, and leverage as effective wealth-building strategies in real estate investing. - 💰 The BRRRR method allows investors to buy distressed properties, renovate them, rent them out, refinance to recover the invested capital, and repeat the process to build a portfolio with little or no money down. - ⚒️ When renovating properties, it is crucial to use durable materials, make them tenant-proof, ensure reliable mechanicals, and consider practical design elements for better tenant satisfaction and property longevity. - 📝 Having effective property management systems, such as rent collection platforms and accounting software, can streamline operations, increase efficiency, and reduce the time and effort required for property management. - 📈 Cash flow, appreciation, principal paydown, tax advantages, and leverage are key factors contributing to the success and wealth creation potential of long-term rentals. - 🏠 Building strong relationships with reliable contractors, handyman services, and general contractors is essential for efficient property renovations and maintenance, especially when self-managing properties.

Welcome to the Alternative Investing Club! https://alternativeinvestingclub.com/ Patrick Grimes discusses the importance of diversifying investments and explores alternative investment options such as real estate, gold, oil and gas, and litigation finance. These alternatives provide non-correlated assets that can help achieve portfolio resilience and financial security in times of market downturns. - 💡 Diversification is crucial: The speaker emphasizes the importance of diversifying investments beyond the stock market and real estate to achieve portfolio resilience and financial security in times of market downturns. This can be done by exploring alternative investment options. - 💡 Non-correlated assets provide resilience: Investing in non-correlated assets such as gold, oil and gas, and litigation finance can provide protection against market volatility. These assets tend to have different performance patterns compared to traditional asset classes, making them valuable for diversification. - 💡 Consider recession-resilient investments: In uncertain times, investing in recession-resilient industries such as healthcare, education, utilities, and legal services can provide stability and potentially higher returns. These industries are less affected by market fluctuations and have fundamental demand. - 💡 Risks and benefits of oil and gas: While oil and gas investments can provide high returns, they are also volatile and subject to global market conditions and legislative risks. It's important to carefully evaluate investment opportunities and consider factors such as drilling risks, cash flow, and long-term sustainability. - 💡 Litigation finance as an alternative investment: Litigation finance offers opportunities to invest in legal cases and provides financing to companies and law firms involved in high-stakes litigation. It can offer predictable returns, especially in late-stage cases where outcomes are more certain. However, it's important to diversify investments across a range of cases and partner with leading law firms for higher chances of success. - 💡 The importance of broad case and claimant diversification: In litigation finance, broad case diversification across different industries and claimant diversification within each case is crucial. This helps mitigate risks and increases the chances of successful outcomes. Investing in a range of cases with a large number of claimants provides a more balanced portfolio and reduces the impact of any single case's outcome. - 💡 The need for continuous research and adaptation: The investment landscape is constantly evolving, and it's important to stay informed and adapt investment strategies accordingly. Continuously researching and exploring new opportunities in alternative investments can help build a resilient and well-diversified portfolio.

Join the Alternative Investing Club https://alternativeinvestingclub.com This Friday Speaker meeting discusses maximizing tax savings with alternative investments. It covers topics such as opportunity zone funds, converting IRAs to Roth IRAs, family limited partnerships, and the importance of tax planning. - 🏢 Alternative investments, such as opportunity zone funds, provide tax benefits such as tax deferrals and tax-free growth after a certain period. - 💼 Converting traditional IRAs to Roth IRAs can help maximize tax savings, especially when investing in alternative assets within the Roth IRA structure. - 🤝 Family limited partnerships (FLPs) are effective tools for asset protection, estate planning, and managing investments within a family structure. - 💡 Tax planning is crucial for maximizing tax savings and minimizing tax liabilities when investing in alternative assets. - 💸 Fee structures for alternative investments typically include asset fees and performance-based fees, which incentivize fund managers to generate higher returns for investors. - 📈 Real-life case studies and examples demonstrate the potential benefits of alternative investments and tax planning strategies in reducing tax burdens and increasing overall investment returns.

Join the Alternative Investing Club at https://alternativeinvestingclub.com Web Street is a platform that allows investors to fractionally invest in online businesses. They connect investors with professional operators who run the businesses, providing diversification and potential growth opportunities. - 💼 The club fund allows members to invest in high-quality speakers and provides a way to diversify their portfolios beyond traditional investments. - 🌐 Online businesses offer significant growth potential in the digital economy, with various models like Amazon FBA, KDP, content sites, and SaaS providing different opportunities for investors. - 🔄 The closed-end structure of the fund ensures a focused investment period and allows for planned exits and profit distributions to investors. - 💵 The minimum investment amount is likely to be $25,000, balancing the need for a low threshold while considering the expenses and fees associated with fund administration and tax preparation. - 📈 Web Street's diligence in vetting operators and businesses mitigates risks and ensures that investors are paired with experienced professionals in the online business industry. - 🏆 Quarterly distributions provide cash flow to investors, making it a suitable investment for those seeking regular returns. - 🔐 The fund's closed-end structure and focus on specific business models allow for expertise and specialization, increasing the potential for success in the online business investments.

Join the Alternative Investing Club https://alternativeinvestingclub.com/ John Todderud, a video script expert, discusses various tech tools and strategies for real estate investing, including investor portals, CRMs, mapping tools, and market research. He emphasizes the importance of automation and integrating these tools into your workflow to improve efficiency and productivity. - 📊 Spreadsheets and underwriting models are essential tools for analyzing and communicating real estate deals. It's crucial to automate calculations, format data for readability, and ensure formulas are easily understandable for others. - 💼 Investor portals provide a centralized platform for potential investors to access deal information, review documents, and submit investments. Integrating an investor portal into your workflow streamlines the investment process and enhances communication with investors. - 📞 CRMs are valuable tools for managing contacts, automating tasks, and tracking follow-ups. Look for CRM solutions that integrate with your existing systems and allow for automation, email campaigns, and easy data import/export. - 🗺️ Mapping tools like Google Maps and Bing Maps are useful for evaluating properties and their surroundings. Assess factors like retail presence, neighboring businesses, and overall desirability of the area. - 📊 Market research plays a vital role in real estate investing. Consider factors such as population growth, job opportunities, median home prices, and rental market conditions to identify areas with potential upside opportunities. - 🌐 Expanding your comfort zone, networking with industry professionals, and learning about marketing strategies are crucial for success in real estate investing. Embrace new ideas, challenge limiting beliefs, and continuously educate yourself to stay ahead in the industry.

Join the Alternative Investing Club https://alternativeinvestingclub.com/ DLP Capital Credit and Debit Funds are focused on transforming lives and building thriving communities through safe attainable housing. They have a flywheel system and internally use the elite execution system to ensure goals are met. They directly steward resources for wealth creators and have over 3,000 investor families with $1.2 billion in equity under management. They fund housing community developers and also acquire, develop, build, and operate thriving communities. - 💡 DLP's Preferred Credit fund offers a 9% preferred return and focuses on shorter-term loans to develop, improve, and preserve attainable rental housing. The fund insulates investors from rising interest rates and inflation while offering liquidity for projects. - 💡 DLP's Lending fund, their oldest fund, provides senior first-position loans on build-to-rent and value-add projects. The fund has a track record of producing attractive risk-adjusted returns and offers monthly distributions. - 💡 DLP mitigates risk by working with high-quality borrowers, requiring significant equity investment from sponsors, and structuring loans in a senior secured position. Their vertical integration allows them to step in and finish projects if needed. - 💡 DLP's lending fund typically sees a 4-6% delinquency rate, but they have a practice of buying delinquent loans and operating the properties themselves. They prioritize not losing investor capital and have never lost a dollar of investor principle. - 💡 DLP has a deep commitment to transparency and communication with their investors, providing detailed reporting, third-party audits, and access to an investor portal. They also offer educational webinars and events to keep investors informed. - 💡 DLP is looking to partner with the Alternative Investing Club to offer a fund that allows club members to invest in high-quality institutional funds with lower minimums and fees. The fund's investments will be driven by the club's demand and provide increased diversification over time. - 💡 DLP has a strong focus on market expertise, job and population growth, and building communities that meet the demand for affordable housing. Their investment strategy is driven by their belief in the ongoing need for attainable housing and restricted housing supply.

Meeting Summary for Alternative Investing Club: Uncovering Opportunities in RV Destinations Mar 22, 2024 11:55 AM Pacific Time (US and Canada) ID: 833 2208 3420 Quick recap Benjamin shared his professional journey and discussed his interest in the RV industry, highlighting its potential as an undervalued asset class with significant growth potential. He also discussed the complexities and opportunities of developing an RV park in the southeastern United States, emphasizing the importance of location, infrastructure, amenities, and marketing. The team also discussed the investment and operational aspects of a new project, with Benjamin revealing the financials and plans for building long-term communities. The conversation ended with an agreement to learn more about the industry, with Benjamin agreeing to share more materials and answer further questions. Next steps Benjamin will continue the legal process of forming a real estate private reap and aim to be on the offering platform of Macquarie Jeffreys within about 6 months. Benjamin will reach out to potential institutional investors for the RV destination development projects. Benjamin will share more specific materials and examples of the RV destination track record with interested parties. Summary Addressing Online Event Attendance Challenges Daniel and Glenn discussed challenges Glenn had been facing with the attendance of his online events since leaving Intel. They considered implementing a solution to send out calendar invites directly from their webpage. Ashish shared his experience with a Ponzi scheme, suggesting a session to educate on how to identify and avoid such scams. Additionally, Daniel shared an increase in Bitcoin scams and led a casual discussion about March Madness predictions. The conversation ended with an open topic, a decrease in attendees compared to the previous week, and a few unclear predictions. Addressing Zoom Issues and Speakers Aneeta expressed her issue with her attire, while Daniel addressed potential attendance problems due to Zoom re-registration issues caused by an unchanged meeting link. The team also discussed the next steps for the group's educational and pitch talk sessions, with Daniel revealing he had begun interviewing potential speakers and proposed forming a committee for review. Lastly, Benjamin presented his professional journey, focusing on his career in investment banking, hedge funds, private equity, and real estate, culminating in the establishment of his own boutique investment management firm, Redwood Capital Advisors, in 2017. RV Space as Undervalued Asset Class Benjamin discussed his interest in the RV (Recreational Vehicle) space, highlighting its potential as an undervalued asset class with significant growth potential. He noted that the average age of RV owners in the US is now around 32 years old, reflecting a growing trend towards a more nomadic lifestyle among millennials. Benjamin also pointed out the fragmented nature of the RV market, with many small, family-owned businesses struggling to keep up with modern demands, such as Wi-Fi and online reservations. He then discussed the supply-demand imbalance in the market, suggesting it as an opportune investment area. RV Resorts and Communities Analysis Benjamin discussed the differences between RV resorts and communities, with a focus on those found in Mississippi and Alabama. He explained that resorts often have higher turnover due to their location near major attractions, while communities have a longer average stay, leading to a higher operating margin. Despite the higher land costs, he believed that resorts have a long-term advantage due to their potential for higher profits. Benjamin also shared the company's method of selecting locations, which involves a 20-mile circle analysis around the land area to ensure a 70% occupancy rate. RV Park Industry and Real Estate Investment Focus Benjamin discussed the importance of location, infrastructure, amenities, and marketing in real estate investment, specifically for the RV park industry. He emphasized that the industry is highly competitive, requiring a focus on luxury, cleanliness, and modern amenities, such as Wi-Fi and pet facilities. Benjamin also mentioned the company's efforts towards sustainability and their focus on hiring reliable human capital. He highlighted that their destinations must be within a 10-minute drive of a Walmart and a major interstate, and ideally have access to public water and sewer. Luxury RV Travel Business Growth Discussion Benjamin discussed the rapid growth of his luxury RV travel business which has increased from 108,472 pads to acquiring enough land to scale to over a thousand pads in the next 12 months. He highlighted the changing customer profile, with an average age of 32 and a significant proportion earning over 100,000. Benjamin also discussed the importance of social media marketing and community building. In response to Daniel's questions, he clarified that most guests bring their own RV and a secondary vehicle, and that they use ActiveCampaign for their CRM. Lastly, he acknowledged the significant regulatory challenges in the industry, especially in acquiring and gaining zoning approval for land. RV Park Development Challenges and Opportunities Benjamin discussed the complexities and opportunities of developing an RV park in the southeastern United States. He highlighted the challenges of navigating the regulatory environment, particularly with regard to wetlands and the need for strong relationships with local officials. Benjamin also underscored the high cost of development, with the USDA Rural Business Loan program offering significant support. He advised that site selection is crucial, and that potential developers should focus on areas with strong growth potential. Lastly, he stressed the importance of USDA eligibility in determining the feasibility of a project. Discussing New Project Investment and Operations Daniel and Benjamin discussed the investment and operational aspects of a new project. The conversation touched on the financials of the project, revealing that the average monthly revenue for their communities is between 900 and 1,200 dollars, with resorts generating about 1,800 monthly. Benjamin explained that they are actively raising capital for the project through a private real estate fund, due to its transparency, reporting requirements and potential for easier financing. They plan to focus on building long-term communities rather than short-term vacations, with a mix of permanent renters and transient guests. RV Resort Destination Industry Opportunities Benjamin discussed the growing demand and supply imbalance in the RV resort destination industry, highlighting that the current number of pads being built is insufficient compared to the number of RVs being sold. He underscored that the industry's fragmentation presents a significant opportunity for investors to provide a slightly elevated experience and generate a strong return on investment within the next three to six years. Benjamin also shared his plans to cash out these investments within this timeframe. The team expressed interest in learning more about the industry, and it was agreed that Benjamin would share more materials and answer further questions.

This week we have Amanda Han and Matthew Macfarland, speaking about strategies that real estate investors can use to reduce their taxes

This week at the Alternative Investing Club, Daniel Holmlund walks through the process of vetting a potential 4 plex investment.

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For more videos from the Alternative Investing Club, see https://alternativeinvestingclub.com/

For more videos from the Alternative Investing Club, see https://alternativeinvestingclub.com/

For more videos from the Alternative Investing Club, see https://alternativeinvestingclub.com/

For more videos from the Alternative Investing Club, see https://alternativeinvestingclub.com/

For more videos from the Alternative Investing Club, see https://alternativeinvestingclub.com/

For more videos from the Alternative Investing Club, see https://alternativeinvestingclub.com/

For more videos from the Alternative Investing Club, see https://alternativeinvestingclub.com/

For more videos from the Alternative Investing Club, see https://alternativeinvestingclub.com/

For more videos from the Alternative Investing Club, see https://alternativeinvestingclub.com/

Elizabeth Davis, named one of the top real estate advisors in the Altanta area, will be speaking to us about cash value strategies for your investing repertoire