"Total loss of Capital "

We invested with Passiveinvesting.com in multiple assets starting in October of 2019 with the Carrington at Briar Creek. That asset went full cycle and we had a great 36% IRR return after only 2 years! We 1031 exchanged into the Ascend at Tamarron in December of 2021. Unfortunately that was terrible timing as the debt structure on that asset was not sustainable and after 3 years it's getting sold wiping out all the investor equity. I thought we were protected with rate caps, but in my naivety didn't realize they expire after 6 months. It was marketed as a low-leveraged private loan of 75% LTV. The same thing happened to the Hudson at Cane Bay in Summervile, SC that we invested in-total loss of capital. I had a few friends invest with them as well. I was told by one of them that the Monterosso in Orlando was being sold at a loss too. We are invested in several of their PIC car wash assets and a self storage fund. Those were marketed as having good cash flow, but we are not seeing it. The distributions on the self storage fund stopped in January 2023 and the car washes have been below what they marketed especially in the past year. Rob, their Director of Investor Relations has been responsive, but this has been a such a disappointing experience.

"Mixed Results"

I've invested in 2 of their syndication deals. The first one did very well as they sold it in 2022 when values were near peak. The other has had paused distributions for some time now given they used floating rate debt. The operations/property performance are decent, but the increase in debt service cost they have not been able to overcome. They have raised money via a pref note (vs. a capital call) to cover the additional rate cap and loan pay down costs. I think/hope they will have the ability to navigate and in the long run and that they can hold on and or sell if/when market improves. I feel they have done an OK job of communicating the status to their investors

"Candid, Clear Communications; Accessible and Invested "

We have found Passiveinvesting.com easy to work with. Communications have consistent and clear from the very beginning. The owners are heavily invested themselves in any investment they make available to the public and are accessible to answer any questions that may arise about our investment. We know the market is challenging for multi-family investments and are confident that Passiveinvesting.com will take the necessary actions to either maximize our results or minimizing any losses.

"Underperformance on returns & communication"

I'm an investor in one of the car wash funds. The projections going in were quickly adjusted down after close, communication was adjusted from monthly to quarterly, and distributions were changed from monthly, to quarterly, to then none at all. They've done a pretty good job with the detail of the reporting, but it's hard to understand how the deal started underperforming so quickly. If there was an exit, I would take it, but I think I'm locked in for the duration of the hold, at least another 5 years.