meta_pixel
Tapesearch Logo
Log in
Creative Capital

Creative Capital Podcast 235: Live Passive Investment Opportunity with Josh Ferrari

Creative Capital

Josh Ferrari

Investing, Business

51.1K Ratings

🗓️ 31 January 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

Welcome back to this week's segment of the No Limit Minute! I am super excited about today's episode because I'm going to be going through the details of our very first 506(c) deal, which is something I've never been able to do before. Curious to hear the details of the deal? Tune into this week's episode to hear the rundown. Enjoy!

https://threebeach.investnext.com/portal_offerings_2935_coastal-rv-resort_

How to connect with Josh:
Ferrari Capital - https://ferraricapital.com/

Creative Capital is made possible in part by our sponsors.
InvestNext is a comprehensive, instititutional grade software solution for real estate syndications that allows you to effectively and efficiently manage all phases of your real estate venture. To get started, visit https://www.investnext.com/ and use code Creative Capital for 25% off your first three months.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, everybody, welcome back to this week's segment of the no limit minute.

0:11.1

And we're going to be talking about something that we've never talked about before.

0:14.3

I've never done anything like this before, because I've never been able to do anything

0:19.7

like this before.

0:21.6

So for those of you just tuning in and you haven't been really following the show or following

0:26.6

me or my journey.

0:28.7

I have been investing in real estate for quite some time now.

0:32.3

It's been about five years actually in the business, four years dedicated solely to larger

0:37.0

scale multi-family syndications.

0:38.9

And we've now massed a portfolio of about 768 units, 62 million assets under management.

0:44.4

And we have another 106 units under contract that we'll be closing here in February.

0:51.8

So I have something very interesting that I wanted to do today because this deal is going

0:58.3

to be our first ever 506c deal.

1:03.4

Now for those of you that have no idea what that even means, basically all it means is

1:07.1

that one, you have to be in a credited investor.

1:09.5

So you have to be able to meet the qualifications that are credited.

1:13.0

So if it's just you as an individual filing by yourself and you have to have made at least

1:16.9

$200,000 a year in your day job or on your taxes, the previous year with the expectation

1:22.8

to make the same or greater this year.

1:24.5

And if you're married filing jointly, then you have to have made $300,000 the previous

1:28.7

year under tax returns with the same expectation to make the same or more this year.

1:33.4

Or you can have a million dollars of net worth or greater excluding your primary residence.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Josh Ferrari, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Josh Ferrari and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.