Real Estate Funds 101 with Jeremiah Boucher (Patriot Holdings CEO)

Jeremiah Boucher built a $350 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

Successful fund management requires fund sponsors to have an "edge" and significant personal investment to ensure commitment and accountability.

Funds have General Partners (GPs) who lead the fund and Limited Partners (LPs) who are passive investors. GPs must put personal funds or credit on the line.

Fund management focuses on raising capital, acquiring and operating assets, and ensuring transparent fund administration and reporting for investor confidence.

Funds should hold multiple assets for diversification, protecting against losses and ensuring stability.

Different strategies are discussed, such as Value Add Fund targeting C and B class assets for higher returns and Triple Net Investments for lower returns.

High-interest rates and stagnant rents have reduced deal flow, emphasizing the need for focusing on profitability over sheer growth.

Changes in law now allow fund managers to advertise raising capital, with a focus on accredited investors under a 506(c) private placement.

Compliance is crucial, with third-party administrators validating financials and ensuring accurate and timely reporting.

Platforms like InvestNEXT are vital for effective communication, fund management, and seamless transactions with investors.

A Real Estate Edge Live event for investors in San Diego from Nov 1-3 to focus on asset protection, tax strategies, and wealth-building.

Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com

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