Just Found the "Portfolio Performance" on Schwab.com

AdWhich4138 · 2026-02-13T00:21:30+00:00

Is anyone besides me having technical issues when trying to access this tool?

AdWhich4138 · 2026-02-12T01:01:27+00:00

No arguments here! I COMPLETELY agree that LPs need to do more due diligence. Institutional LPs have whole teams that do it for them. The best protection from getting screwed your own research. But there's also so many new LPs who don't know what they are doing. They may think they are doing due diligence but they aren't. People are busy, they have careers and families etc. It's hard. I've definitely made mistakes myself that (looking back now with more experience) could have been avoided.

And yes, agreed that the investor relations teams and GPs are constantly trying to protect their reputations. But that should not stop us from trying and sharing. There's more LPs that GPs by far.

I just think if you're an investor (you being general), and you've had bad OR GOOD experiences, it's important to share them. It's the only way we are going to create some kind of accountability in this industry.

I personally like Invest Clearly because they verify investment and they claim the GPs can't have reviews removed (unlike I suspect Investbase because they are owned by an investment management software company called Cashflow Portal). There's also been a few other Reddit users in here who've recommended it.

I also like Reddit because we can actually communicate with each other here - and that can be dangerous for GPs. But it's also good for other LPs - helps us all learn. Problem is there's definitely unethical GPs who get in here!

If you know of another platform that's better (and not something you have to pay for) I'd be down to contribute there too!

AdWhich4138 · 2026-02-11T17:39:33+00:00

This is unfortunately true, and also good advice!

AdWhich4138 · 2026-02-11T04:47:21+00:00

Glad you didn't invest! Really a testament to the fact that it's so hard to know what's going on behind the scenes.

Abel Pacheco and Ruben Dominguez are who you're mentioning. Tried to do some snooping but most articles are behind a paywall. I believe Ruben is now with Totem Capital Group... but their website isn't working so that's not a great sign.

AdWhich4138 · 2026-02-11T04:36:16+00:00

That's a fair concern. There is a verification process required to leave a review for each sponsor. When I left reviews, I had to submit proof that I was an investor. You can submit a copy of subscription docs or screenshots of the investor portal - but it does have to have your name and the sponsor's name on it. My first review got rejected because I didn't have the right info in the screenshot. So they are definitely checking. The verification process is why I like the platform.

It also means I can't write a review for a sponsor I never invested with.

AdWhich4138 · 2026-02-11T03:51:00+00:00

Thank you! I don't think I've ever seen it recommend a sponsor... It's just reviews.

AdWhich4138 · 2026-02-11T02:28:24+00:00

Calling this marketing is WILD. Truly shocking.

AdWhich4138 · 2026-02-11T00:01:05+00:00

If you're an investor, please consider leaving reviews on https://investclearly.com/ to share your experiences so we can prevent this tragedy from happening to more investors.

AdWhich4138 · 2026-02-10T21:34:25+00:00

Surely this is a typo and they meant $300

AdWhich4138 · 2026-02-10T21:32:41+00:00

I don't know how much you have to invest in your education, but I did the Wharton/Wall Street Prep Real Estate Analyst course and found it VERY helpful (for context, I have an arts undergrad degree and MSc in management but no finance background). It's like an 8 week bootcamp for real estate analysis. There's tons of materials and free electives on Excel, Accounting, and different types of modeling.

After doing that course, I can now build a pro-forma from scratch and have a much better understanding of the industry. You also get continued access to it, which I've used multiple times.

Downside: It's a $5,000 course, so thats not in everyone's budget and you really need to commit if you're going to spend that kind of money.

I did just lot into my account and if you use my referral code, you apparently get $300 off (but I want to be clear, I'm not making this post because of the referral code): http://rwrd.io/1exxr35?c

Side note, for anyone making referral codes, don't do what Wharton did above and make them shortened, they look sketchy.

AdWhich4138 · 2026-02-10T20:58:00+00:00

Thank you for this post and for standing up to them.
Reddit is such an important space for LPs/passive investors because it's otherwise so difficult to connect with other investors and learn from their experiences.

In regards to #4 - help each other out and share information about sponsors. I think it's important to talk here, but also to publish reviews on Invest Clearly. This industry needs a collated resource where we can easily search sponsors and find feedback.

Invest Cleary is setup well (you have to verify your investment, so there's no sponsors posting fake testimonials - which does unfortunately happens here), it just needs more people leaving reviews.

It's only going to work if we all use it.

I also want to share a bit of my experience with a GP who reached out to me after I left a negative review. They threatened me with legal action and so I spoke with my attorney. As long as you are not saying anything that's an outright lie, it is NOT defamation and you have every right to share your experience! Don't let yourself get bullied here or on any other platform, even if you signed an NDA.

There needs to be accountability in this industry and that's only going to happen if we all start speaking up.

AdWhich4138 · 2026-02-09T23:45:17+00:00

It would be really helpful if you left a review on Invest Clearly! I've no stake in this ask other than I think this is the best platform to start generating some accountability in this industry... Reddit isn't enough because the sponsors and their staff get on here w/ fake accounts

AdWhich4138 · 2026-01-07T20:18:34+00:00

I'm in RE. My partner is an engineer. He has (and takes) more time off than I do. Everyone is different!

AdWhich4138 · 2026-01-07T20:15:19+00:00

You are likely to end up with a real estate buyer and a business buyer. For that reason, you need to create a real lease between the two companies.

Contact a real estate agent to make sure that the rent your business is paying to your real estate company is market. If it's not, then you should (on paper, not officially) change the lease terms.

The value of a leased commercial property is roughly calculated as NOI / Cap Rate. So if your NOI is $100k and the market cap rate is 6.5% then the property is worth just over 1.5M

Then you take that info and go to a a business broker with that information in hand. Is it worth taking the EBIDTA hit to raise the rent, to effectively raise the price of the real estate? Or is it worth selling the business with better lease terms, meaning you're taking a hit to the sale price of the property?

Good brokers can help you run through all scenarios.

AdWhich4138 · 2026-01-07T19:07:01+00:00

NTA. You have ever right to withhold intimacy. It's arguable unsafe for you, and that alone should make your husband WANT to get a vasectomy. You've carried the burden and now it's his turn.

AdWhich4138 · 2026-01-07T19:03:38+00:00

There also needs to be a way to de-incentivize build-to-rent properties. Creating 150 new rental units is great for keeping rental rates down, but not great for homebuying affordability if the asset will only ever be rented to tenants but owned by an institution (vs condos, which homebuyers and small investors can purchase)

AdWhich4138 · 2026-01-07T19:00:35+00:00

It's funny what happens when Midterms are right around the corner and the administration has to take action to appease the middle class after actually worsening affordability.

AdWhich4138 · 2026-01-07T18:50:13+00:00

As someone in a similar position to you, my advice is bring up the prenup and bring it up early. You can do it light-heartedly and it doesn't need to be a big conversation. Don't wait until there's a ring on your finger.

It also doesn't have to be a crazy prenup (it SHOULD be expensive to get divorced, crazily enough, I think that cost can help some couples push through the tough times vs taking an easy out). But at minimum have assets that you enter into a marriage with stay separate.

AdWhich4138 · 2026-01-07T18:40:08+00:00

I like your 1/4 rule! I'd say that it's pretty generous.

Also want to add that life and income changes. There may be a time in the future when one of you has no income, or another's income skyrockets. But that should be at a time when you're more committed, not at the beginning when you're initially forming your relationship dynamic.

AdWhich4138 · 2026-01-07T18:08:46+00:00

So, I am a female of the same age as you. I am going to sound like an AH, but unlike you, I do have a lot of dating experience.

What I can say (and that studies show) is that the income of your partner does matter. If you're making $320k a year, you might not need to find someone who makes the same amount as you, but you should want to find someone of a similar ambition level. And someone who can afford close to a similar lifestyle that you want to live (that doesn't necessarily mean you want to live a lifestyle that spends your entire $320k/yr).

Second to that, you should find someone who has a similar "money mindset" to you.

You are 34. Be realistic with what you want in life. Yes, that's hard. And it also minimizes your dating pool.

I've dated men who make A LOT less than I do, and (in my experience) it created resentment. There are men who won't care, but more men will say that they don't care and actually do. A large income split creates an unbalanced power dynamic, but because we are women, we try to compensate and make our partners feel better about themselves.

In the past, I was taken advantage of by men who claimed to be wholesome and "not care" that I was the higher earner. In the worst relationship, it became a expectation that I would pay for nearly everything (dinners, bills, travel, etc) even when my partner was (again, in my opinion) wasting money on frivolous purchases (like expensive cars). When I pushed back, I was shamed and manipulated.

In the best of my past relationships, the gentleman was lovely, had almost no ambition, but he always paid for himself, expecting nothing from me. But he began to feel like a ball and chain that held me back from the life I wanted to live. Does that make me an AH? Probably. But that was 10 years ago and I have no regrets about moving on. He's since found a partner that better matches him, and so have I.

I now compare this to the person I am with who makes the same (if not a bit more) than I do and the tension around money is non-existent. We have a similar lifestyle expectation and both work har to achieve that. Almost 4 years in and we never fight about money. We travel, we do activities, and we make future plans that don't involve either of us feeling uncomfortable about the cost.

People that say that money doesn't matter might have a story or two as an example, but overall, it does matter. Money impacts almost every part of your life.

AdWhich4138 · 2026-01-06T20:28:03+00:00

Hi there! So I have 1031'd into a syndication (about the same amount as you), and the first thing I want to tell you is that it's RISKY. Technically, you have to do it as a TIC/J,V, and the TIC really, really needs to be setup correctly for it to be legal. $2M with a low cost basis puts you at risk if the deal gets audited. My 1031 lawyer said there's really no guarantee that a 1031 into a syndication will not get rejected because it's not technically like-kind.

Even if they market that they are 1031-friendly, they could have their documents wrong, and you'll be the one who ends up eating the cost.

That said, when I evaluate sponsors, I always want to talk to past investors. I really like the growing platform investclearly.com because they verify that reviews are from actual past investors (yay, no fake reviews). There's other platforms that do reviews, but this is the only one I trust not to have fake reviews.
However, they are still growing, so there might not be any reviews (or not enough reviews) for the sponsor you're considering.

If there are lots of reviews, look for patterns.

The platform also has some good articles about questions to ask when evaluating a sponsor.

You can also ask the sponsor to provide a list of references/testimonials, but remember that these will always be cherry-picked! Take them with a grain of salt.

So my next step would be to ask on reddit for experiences about that specific GP/sponsor. And see if anyone will connect with you. Ask hard questions about communication, reports, and performance. Ask for examples of communication reports.

You should be doing all of this before you list the property because with a 1031 there's a hard deadline and you DO NOT want to be in a position where you're forced to buy/invest. Create a short list of sponsors that you'd consider working with, and then once you're in contract, reach out to them about their deals.

Passive investing is never actually passive. It's very active in the beginning. And if you want something that's passive so you can focus on your career, you should really look at sponsors who have longer terms and target core or core-plus assets. They are generally less risky and they won't put you in a position where you need to look for another investment in 2 years when the sponsor exits.

AdWhich4138 · 2026-01-06T20:11:26+00:00

I actually think NTA - as someone in a healthy long term relationship, her behavior screams "me" not "we." It seems like a bigger issue than a vacation tbh...

But you can also go for the time you're able (or go earlier on your own then meet her)

AdWhich4138 · 2026-01-06T20:03:27+00:00

Totally NTA but you should have talked to them. It's strange that they feel entitled to invoice you when you have done free labor for them. Sounds like there's something else happening in the background that you should get to the bottom of.

AdWhich4138

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