Description

Investment Opportunity #2 Overview

• Investment Name: Fractionalized Ownership of $55,000 Turnkey Low-Income Section 8 Rental Property in Detroit
• Offering Entity: The BNIC Network LLC
• Investment Type: Limited Partner Non-Voting Equity (SPV Ownership)
• Minimum Investment Amount: [$500]
• Projected Investment Period: [2.5 years]
• Expected Returns: [proportionate share of $7,500 Net Operating Income per year]
• Risk Level: [Low]
• Investment Structure: [Limited Partner in a SPV]

Project Details

• Property Type: Turnkey Low-Income Section 8 Rental Property
• Location: [Detroit, MI]
• Description: This investment allows investors to own fractionalized shares of an SPV that will raise $55,000 to create a single turnkey low-income Section 8 rental property. The General Partner (GP) of the SPV will use the Real Estate Deal Management System to identify the property, negotiate the purchase of the property, oversee the rehab of the property, and place a tenant in the property. It will attempt to sell portions of the LLC (up to 90%) to Limited Non-Voting Retail Investors, who will receive between a 7% – 9% annual return on their investment (minimum investment of $500). The goal is to hold onto the property and rent it for two (2) years to establish a good performance history and then sell the LLC up to double the cost of creating the turnkey rental property. The property will be fully managed by a professional property management company, ensuring steady rental income from government-backed housing assistance programs.
• Projected Net Operating Income (NOI): [proportionate share of $7,500 per year]
• Return on Investment (ROI): [Preferred 10%]

Investment Terms

• Minimum Holding Period: [30 months]
• Liquidity: [Low]
• Collateral: [Real Estate]
• Exit Strategy: [Quarterly NOI Disbursements, Resale, or Buyout Option]

Risks & Considerations

• Market Risks: Changes in rental demand and government policies on Section 8 housing.
• Operational Risks: Property management efficiency and maintenance costs.
• Legal & Regulatory Risks: Compliance with Section 8 program requirements.

Investor Benefits

• Passive Income: Yes
• Tax Advantages: Depreciation benefits, potential tax deferrals
• Portfolio Diversification: Yes

Downloads:

• Pro forma Financial Statements – part 1
• Pro forma Financial Statements – part 2

This opportunity is being presented solely to members of the Closed Private Investment Network (CPIN) with whom we have a substantive pre-existing relationship. This is not an offer to the public, and no investment may be made unless the investor meets the criteria of a sophisticated or accredited investor as required by Section 4(a)(2) of the Securities Act.