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

Finding Your Edge

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