Passive Investing is essentially placing one’s capital into an Apartment Syndication that is managed in its entirety by the General Partner(s).

View the Apartment Syndication as a plane ride. The General Partner(s) are the pilots. They deal with the property: acquiring the property, day-to-day operations and refinancing or selling the property.

Eagle Summit Equity is the travel agent – we help you with finding your destination and the right flight(s). We work with the pilots and help fly the plane as General Partners too!

You are our passenger – you choose the flight, buy the ticket and enjoy your flight!

The plane is the business entity (LLC) we form to purchase and operate the property. All the Passive Investors own a part of the plane.

As our passenger and Passive Investor / Limited Partner, you invest your money, enjoy your flight with investment returns while we do the hard work and keep you up to date!

As the Passive Investor / Limited Partner, your role involves funding the deal. Thereafter, the process is hands off with reviewing the periodic investor reports and updates and doing your taxes at the end of the year.

Minimum investment amounts may vary and the typical minimum is $50,000. 

Generally, the projected timeline is usually for 5 years and you will be provided the general timeline of the business plan, including the hold period and exit strategy. 

If circumstances change, a life event for example, please communicate with us and we will do everything we can to work with you! 

Your initial investment cannot be withdrawn until the sale of the property as the funds are considered illiquid investments. If there is a process for pulling your money out of the deal, it will be outlined in the Private Placement Memorandum (PPM). The process usually entails you selling your shares to another party with the written consent of the General Partner.

Typical distribution frequencies are monthly, quarterly or annually. The distribution frequency varies and depends on how the deal is organized.

Yes, please expect the IRS Schedule K-1 Form distributed annually around March to be used for preparing your tax returns. The purpose of the Schedule K-1 is to report each partner’s share of the partnership’s earnings, losses, deductions, and credits. One of the tax benefits when investing in an apartment syndication is the ability to utilize a “paper loss” even though you received cash flow because of depreciation.

Please Note: Please consult with your licensed professional financial or tax advisor as Eagle Summit Equity does not provide tax advice.

Yes, you may utilize Self Directed Retirement Accounts specifically, a Solo 401k or Self Directed IRA (SDIRA) by rolling over from an existing retirement account. We are also happy to recommend a qualified provider! It is also recommended to have the Self Directed Retirement account ready before you invest as the account opening and funds transfer process takes time.

Please Note: Please consult with your licensed professional financial or tax advisor as Eagle Summit Equity does not provide tax advice.

You may invest through a Self Directed Retirement Account, Cash, Business Entity (LLC / Corporation) or through a Trust.

There are no upfront/direct fees and are paid by the investment property’s cash flow and equity. General Partner fees vary on each project and examples of fees are the acquisition fee and asset management fee. List of fees will be outlined in the Private Placement Memorandum (PPM).

We work with Accredited and Sophisticated Investors with whom we have a pre-existing relationship, per Securities and Exchange Commission (SEC) regulations. 

An investment has risks involved and you may lose a portion or all of the principal investment. We identify and mitigate risks through overseeing our business plan, due diligence, market research and purchase criteria backed by our experience, education and partners. 

As the General Partner, we review and qualify the deal through underwriting, coordinate the buying process with professionals such as inspectors, lenders, attorneys and oversee property management, perform ongoing asset management and ongoing communications.

The investment asset is the apartment building and is independent of the stock market as market fluctuations do not significantly change the property’s net operating income or property value. 

A Multifamily Property is a property that is more than one housing unit. 

Multifamily Properties can be:

Residential: Duplexes, Triplexes and Fourplexes or a two, three and four unit property.

Commercial: Four Units or more units in the form of an Apartment Building or Apartment Complex / Apartment Community. These can be further described by the number of floors and design.

Low-Rise: Four floors or fewer townhomes, row houses, garden-style complexes and 55+ communities. These properties may not have elevators and are usually found in suburban areas.

Mid-Rise: Five to nine floors with at least an elevator and usually found in urban and suburban areas.

High-Rise: Ten or more floors usually found in urban and higher population areas.

Multifamily IS NOT A:

• Multi-Level Marketing (MLM)

• Pyramid Scheme / Selling

• Ponzi Scheme

• Network Marketing

• Direct Marketing and/or Selling

• Referral Marketing

• Zero Level Marketing