You can become a Partner in the SMI Legacy Fund.

Contribute your real estate to the Fund with our 721 Exchange Program; the equity in your real property will convert to ownership in the Fund
Contribute cash to the SMI Legacy Fund in exchange for ownership in the Fund

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Target Earnings

>12%

Total annual return on investment

>4%

Monthly cash flow distributions (annual cash on equity return)

Maintain the benefits of owning real estate. Drop the hassle.

Example: $1,000,000 of equity

The Fund invests almost exclusively in income producing real estate assets. Net rental income, that amount leftover after paying operating expenses and debt services, and after allowing for sufficient operating reserves, is distributed to shareholders of the Fund on a monthly basis. The Fund targets a 4% annual distribution rate, paid monthly. As the Fund’s assets and net rental income appreciate over time, so do the distributions to shareholders.

Example: $1,000,000 of equity
Estimated 1% Annual Principal Reduction

The Fund utilized a modest amount of leverage, typically around 50% to 60% loan to value, to improve overall yield for its investors. Assets are scheduled to positively cashflow while amortizing debt on a 20–30 year schedule, providing the opportunity for long term wealth accumulation through principal reduction and debt payoff. The Fund estimates approximately 1% annual principal reduction.

Example: $1,000,000 of equity

Investors benefit from additional depreciation as the Fund makes new acquisitions and exchanges into larger assets. Additionally, the Fund utilizes cost-segregation, when appropriate, to accelerate depreciation losses for its investors.

Example: $1,000,000 of equity

Investors benefit from organic appreciation of the Fund’s diversified real estate portfolio, with estimated equity appreciation of approximately 7% annually. The portfolio is managed at approximately 50% leverage, meaning 4% market appreciation can equate to roughly 7% appreciation in equity. Additionally, the Fund acquires properties where we believe we can create value and accelerate appreciation potential through active management and property improvements.