What are real estate syndications?
As a passive investor, you won’t have any other active responsibilities in the deal. The Spark Investment Group team, along with other general partners in the deal, will manage the asset on your behalf.
What are the projected returns on investments like these?
The projected returns will vary from deal to deal and are never guaranteed. That being said, Spark typically looks for deals that can provide a 5-6% annual cash-on-cash returns along with a 13-15% Internal Rate of Return (IRR).
What’s the minimum investment?
Do I need to be an accredited investor to participate or register?
To be considered as an accredited investor, you must meet one of the following two criteria:
- Have $1 million in net worth (not counting your primary home).
- Have either an annual income of $200,000 per year or an annual combined income of $300,000 (together with your spouse).
Additionally, you must have maintained this net worth or these annual income amounts for the past two years and intend to continue doing so over the coming year.
How long are the hold times?
What types of assets does Spark focus on?
What markets does Spark invest in?
As a lead sponsor, our primary market sits where our acquisitions and operations team is located: Greenville, SC. With nearly 500 units owned and operated in this market, we believe our intimate knowledge of the area is the key competitive advantage offered to our investors.
Greenville, SC, was recently rated the #1 Tertiary Multifamily Market in the U.S. It’s predicted the entire Upstate region will continue to experience strong population and job growth over the next decade.
A major contributor to the Upstate’s robust development is Greenville’s award-winning, walkable downtown, which is attracting new residents from major metropolitan areas and is the region’s cultural center. Other significant drivers of sustained growth include:
- The city’s location along I-85 (between Charlotte and Atlanta), which provides significant transportation and logistics employment.
- A solid manufacturing base led by BMW and Michelin.
- Two major hospital systems, which provide excellent medical services to the region.
- Downtown Greenville’s thriving tourism industry, which provides employment in the leisure and hospitality sectors.
This diverse economic base provides the foundation for profitable investment opportunities.
Are multifamily syndications recession resilient?
At Spark Investment Group, we invest in high-quality A and B Class apartment communities located in great neighborhoods. Investments in this asset class tend to be lower risk because the tenants are more financially secure.
This investment strategy ensures that occupancy and Net Operating Income (NOI) will remain high even during a recession, mitigating risk and protecting your investment.
Will my investment be safe?
While there are no guarantees with any investment, to protect your capital we ensure that every deal has plenty of reserves, ample buffer, and multiple exit strategies in place.
What are the tax advantages of investing in syndications?
As a real estate syndication investor, you’ll gain the tax benefits of property ownership, including accelerated depreciation and cost segregation, which can help lower the taxable passive income you receive.
Each year, you’ll receive a Schedule K-1 tax form to include with your tax filings. This form reports your income and losses for the investment.
If you happen to be a real estate professional, you may be able to apply these paper losses to your ordinary income as well. Again, please consult with your CPA for details related to your specific financial situation.
How do I get started?
Note: Registering with the Spark Investor Club is free and there are no commitments to invest.