marketing@redbootllc.com

888 253 6301

INVEST WITH US IN
MULTIFAMILY REAL ESTATE

About


    ABOUT


    Red Boot LLC is a private real estate investment firm that provides its clients with access to institutional-quality real estate opportunities. We strategically acquire, manage and sell exclusive real estate to increase our client’s personal wealth with competitive returns.
    Outlook

      OUTLOOK

      These statistics are from We Are Apartments

      36.8M

      Apartment Residents

      21.3M

      Apartment Homes

      266K

      New Apartments Needed Annually

      46%

      Share of U.S. Apartments Built Before 1980

      Process

        PROCESS

        VERBAL COMMITMENT

        Investor Commitment to Minimum Investment Amount or Above (Verbal)

        CONTRACT

        Deal Under Contract

        EMAIL

        Deal Package Emailed to Investors

        WRITTEN COMMITMENT

        Investor Commitment to Minimum Investment Amount or Above (Written)

        BEGIN CLOSING

        Instruct Closing Attorney to Begin Closing Procedures

        INVESTOR DOCUMENTS

        Investors Receive Private Placement Memorandum (PPM), Operating Agreement and Closing Instructions

        SIGN DOCUMENTS

        Investor signs Operating Agreement and Sends Funds to Attorney or Title Company

        ASSET MANAGEMENT

        Upon Closing on Property, Investors Receive Monthly Email Updates, and Once Property Stabilized, Investors Will Receive Quarterly Reports With Distributions

        Team

          TEAM

          Jonathan Mickles

          Managing Member

          Michael Blank

          Advisor. Entrepreneur. 
          Investor. Teacher.

          Julie Anne Peterson

          Mortgage Advisor

          Joshua K. Sterling

          Property Management Advisor

          JT Lynch, CLCS, CRIS

          Insurance Advisor

          BENEFITS

          Syndication

          Over 90% of multifamily

          Economies of Scale

          Single family properties or 

          Risk Reduction

          By investing with other

          Principal Paydown

          Through the life cycle of the

          Capital Appreciation

          Unlike single family homes,

          Asset Protection

          Each syndication purchases the

          Tax Advantages

          We do not serve as tax stretegy

          Cash Distributions

          Depending on the level of the

          Risks of Investings

          Real estate can be risky


          PODCAST

          Strategic Multifamily Investing Podcast (SMIP) is the journey of Red Boot LLC in building a team to strategically acquire, manage and sell exclusive real estate to increase it's client’s personal wealth with competitive returns. With the focus on casual interviews and educational lessons, Jonathan Mickles seeks to help the listener build confidence that they can do the same thing.

          VIDEOS

          FREQUENTLY ASKED QUESTIONS

          What is syndication?

          In its simplest form, syndication is the pooling of investor money where the investor is typically a passive, limited partner (LP). The other partner to the deal is the general partner (GP), or active partner that puts the deal together, manages the business plan to provide a return for the benefit of all investors. You will hear General Partner (GP), Syndicate and Sponsor often used interchangeably.

          Why invest in a Multifamily Apartment Syndication?

          A Multifamily Apartment Syndication allows investors to participate in otherwise unobtainable real estate investment opportunities by aggregating capital and experience by teaming up with other like-minded investors. This also allows you to diversify your capital into other real estate syndications or in other economic sectors.

          How do I know if I am a sophisticated investor or an accredited investor?

          Generally speaking, sophisticated investors must have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment. To qualify as an accredited investor, at a minimum you must have earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year or has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence). Reference the SEC guidelines at https://www.sec.gov/answers/rule506.htm for a more detailed description. To find out if you are qualified under this definition, contact us.

          Do I need to be an accredited investor to invest with Red Boot?

          No. Red Boot works with accredited and non-accredited investors.

          Do I need to have a background in real estate to be successful?

          You don’t need a real estate background to be successful. Despite their different careers, each of our partners has demonstrated high-level success in their chosen profession. Multifamily investing is not extraordinarily difficult, but it requires specialized knowledge. If you are prepared to apply the same level of work, discipline, and determination to this endeavor as you have in your previous efforts, you will be successful.

          Can I invest through my IRA, LLC, LP, or Trust?

          Yes. Investors are able to invest through their traditional self-directed IRAs, but there is a UBIT tax to understand on the SD-IRA as the IRS does not want to see you take advantage of the leveraged portion of the investment. Interestingly, the solo 401K does not have this problem. Please contact Red Boot LLC if you have questions about how this works or need help selecting a custodian.

          Can I use a 1031?

          You cannot 1031 into our deals or out of our deals since you are technically purchasing units of our Limited Partnership and not actually the land itself. That said, there are mechanisms where we expect to be able to 1031 from one of our deals into another one of our deals, thus deferring the tax you would have normally paid on the sale of the first apartment.

          What are the typical returns for investors?

          There are three main types of returns from real estate; cash flow, principal pay-down, and appreciation. These returns will vary from property to property. We will discuss this with you on a deal by deal basis.

          What is the process / timeline?

          You can see the process in the “Process” section, but here is a quick reminder. Once we have a property under contract, due diligence is about 30 days. We start the equity raise process with investors which runs about 5-6 weeks end to end. Marketing deck goes out, investor conference call takes place, investors reserve a spot, review the PPM / sign and fund. About 2-3 weeks later we close on the property. About 60 days later first investor distribution.

          When will I get my original investment back and what is the holding period?

          Typically, at time of sale. For our deals, year 5 is the target. It could happen in year 3 or year 7 or longer if we have a long downturn but 5 is typically what value add syndicators have as a target.

          How will you communicate with me?

          Monthly quick updates (email) on how the investment’s progress. Typical bullet points / some pics on how many units were renovated, rents we are getting, etc. Quarterly property management financials can be reviewed. Following March of each year you will receive a K-1 statement from us for your tax filings.

          Are your forecasts conservative?

          Yes. (We typically are very conservative.) Good sponsors will want to under promise and over deliver. You want to review all financial assumptions from the sponsor and ensure they make sense. Key ones to focus on would be rents (check the area comps for before and after renovation pricing – you want to be under where the market is before and after), rent growth and occupancy. Review the T12 (prior 12 months from previous owner). Does the value add improvements, increased income and timing of those improvements make sense to the forecast?

          Will there be any ramifications to my personal taxes?

          Consult with your CPA for specifics on how this type of investment can impact you. There are typically significant tax advantages from investing in the real estate sector through depreciation. You will receive a K-1 from the partnership.

          CONTACT


          How can we help you?

          888 253 6301

          sahedalomsumit@gmail.com

          1985 W Henderson Rd STE 62900
          Columbus, OH 43220

          Disclaimer

          Learn more about the RISKS OF REAL ESTATE INVESTING By using this Site, you are subject to our Terms of Use and our Privacy Policy. Please read these carefully before proceeding. Our Site offers qualified investors the opportunity to invest in real estate. However, Red Boot LLC does not endorse any of these investment opportunities or make recommendations regarding the appropriateness of particular opportunity for any particular investor. We are not investment advisors. Investors must make their own investment decisions, either alone or with their personal advisors. Real estate is notoriously speculative and unpredictable. For example, many very experienced, very informed people lost money when the real estate market declined in 2007-8. When the real estate market is healthy, as it was from 2003 through 2006, it appears that it will be healthy forever, but time after time history has shown that the real estate market goes down without warning, sometimes resulting in devastating losses. You should invest in real estate in general, and in the opportunities listed at the Site in particular, only if you can afford to lose your investment and are willing to live with the ups and downs of the real estate industry. We may provide financial projections for some of the investment opportunities listed on the Site. All such financial projections are only estimates based on current conditions and current assumptions. The actual result of any investment is likely to be different than the original projection, often by a large amount. Neither Red Boot LLC nor anyone else guaranties the results reflected in financial projections. Neither the Securities and Exchange Commission nor any state agency has reviewed the investment opportunities listed on the Site. Thank you for using the Site. If you have questions, please contact us.

          © 2022 Red Boot LLC. All rights reserved.