Of course , the upside returns are also attractive , too .
Dr . Mishra likes to help investors take care of specific financial needs . It is the way he invests himself as well .
For example , one investment may provide the ongoing income for children ’ s education costs . Another may pay for annual vacations or to visit and spoil family members . Another may cover supporting aging parents , or specific charitable goals .
He also enjoys the impact that multifamily investing enables him to have . Some wonder why he hasn ’ t retired already . He told us that if you go into a 200unit multifamily apartment complex , renovate it , and restructure tenants to get out the bad apples and crime , you are having a positive impact on 200 families . You are creating a safer , healthier life for them , with more opportunities . That alone is incredibly rewarding , perhaps a mission of its own .
He says that when you ’ ve built up your passive income , and are owning your finances and time , it allows you to work on your purpose . You have a lot of
value to offer when you do this and are working in your zone .
Blue Ocean Capital
Dr . Chander Mishra is the founder of Blue Ocean Capital , an investment firm specializing in multifamily real estate syndications .
Through this firm , he has and is acquiring hundreds of units of multifamily apartments , with a specific focus on Texas , and the DFW area . Often structured as 506c investments for accredited investors .
Most of their acquisitions are Class B complexes , with strong existing occupancy and income performance , with room for a variety of value add and
When you ’ ve built up your passive income and are owning your finances and time , it allows you to work on your purpose . You have a lot of value to offer when you do this and are working in your zone .
performance enhancing improvements . One of their current offerings has a targeted IRR of 1516 % with 75 % bonus depreciation , which is passed through to investors on their K1s , a tax perk that can help them offset taxes on other investments .
Dr . Mishra applies his MBA knowledge , business acumen and local market experience to target sound acquisition opportunities , at the right prices , and by combining human intelligence with the data . For example , unlike some big funds and companies , which have failed by only looking at flawed data remotely , he ’ ll drive each property first , with his wife and kids . They make sure it is a good neighborhood and property , in reality , not just on paper .
They also focus on areas with population growth , which supports apartment demand , and affordable rentals , which offer investors safety from volatility and economic wildcards .
Learn More
If you are working hard , but you just aren ’ t getting as far ahead financially as you expected , or you just recognize the importance of diversifying and learning about other asset classes , this type of multifamily syndication may be for you .
It can certainly help with generating passive income and longterm wealth and financial planning .
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