Seeing Around The Corner
April 23, 2022
Famed billionaire hedge fund manager Bill Ackman was in the news again this week – and again, for the wrong reasons. This week, it was
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*DEFINITION OF ACCREDITED INVESTOR
You qualify as an Accredited Investor if you meet any of the following criteria: a) You earn over $200,000 in annual income, b) You, together with your spouse earn over $300,000 in joint annual income, c) You have a net worth, exceeding $1,000,000 (excluding the value of your primary residence), individually or together with your spouse.
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As a traditional stocks/bonds type of investor, you can only imagine my apprehension when approached with the concept of becoming a passive investor in commercial real estate. These fears were quickly calmed with my initial conversation with Logan as I felt I was talking to a family member (at least one that I liked). Further discussions led to me taking the plunge in my first opportunity with FTW, and I couldn't be more pleased. The guys have followed through on every detail as was presented. These folks are true professionals on the business side, yet just as down to earth as can be when visiting socially, which is extremely important to me. I have since made another project investment, and look forward to more in the future.
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