What kind of tax benefits do I receive?
For your multifamily investment you will own shares in the Limited Partnership entity and you will receive the proportionate amount of tax benefits that are passed along to you in a year-end tax document called a Schedule K-1. The tax benefits may include depreciation, cost segregation bonus depreciations, interest deductions
What is Altus Investment Group?
Altus Investment Group is a private equity real estate firm that specializes in creating passive income opportunities for the busy investors through value-add multifamily, “turn-key” residential rental properties and alternative investments. We help our investors and clients develop wealth through planning strategies that provide passive income, long-term growth, value appreciation, and portfolio diversification.
Do I have any management responsibilities for the Investment?
No, you are a passive investor, which means you get all the benefits of real estate (cashflow, tax deductions, appreciation, etc) with none of the headaches. We saveguard your time so you spend it on what you love and do best.
Do your residents benefit?
Yes, we believe in treating our residents with respect but holding them accountable. Protecting your investment and hard earned money is our highest priority, but we treat our residents as partners as well. We try to create safe, thriving communities where residents will not only stay, but also refer their friends and relatives.
Is there a maximum investment amount for one deal?
Is there a minimum investment amount?
Yes, for Residential rental investments as little as a $25,000 down payment can get you 100% ownership of a property. The investment amount will vary from deal to deal.
Will I Receive Updates?
Yes, you can expect to receive monthly updates about the property, its financial condition, and other matters. We will provide updates via email. We will also do quarterly calls for each property and are available for any questions or concerns you may have.
How often will I receive payments?
For Residential rental properties you will receive a monthly ACH direct deposit into your bank account by the 7th of each month.
How will I receive my payments?
Our preferred method of payment is a direct deposit into your bank account using ACH transfers.
How much control will I have over the investment?
For the Multifamily passive investments you will not have a right to vote on decisions or manage the investment, except on very limited situations. The Manager will make all decisions, including investment decisions. As a passive investor you will have the right to remove the Manager only in very limited circumstances.
Who can invest in real estate?
For our Residential rental properties, you must be 18 or older. Since you are the direct owner you can be non-accredited and there are no income or status restrictions.