Home Guys Holdings 2
Home Guys Holdings 2 LLC (the “Company”, the “Fund”, or “HGH2”) was formed for the purpose of acquiring, improving, and reselling single family and multifamily (up to four units) real estate assets. The Fund will seek to acquire and renovate entry-level real estate assets with the intention of providing participating investors with a real estate focused investment opportunity that combines income, liquidity, and elements of capital preservation. The Fund is managed by Minnesota Home Guys LLC (“MHG” or the “Fund Manager”), a Minnesota company formed in 2017 that specializes in real estate asset acquisition, renovation, and disposition. MHG is managed by two highly experienced real estate and construction professionals with a combined 33 years of experience in the real estate and construction industries.
The Fund’s primary focus is creating and maintaining investor wealth through local alternative real estate investment strategies. The management team’s collective abilities provide an advantage over investing individually by allowing the Fund to acquire distressed properties directly from owners with no middle-men. The Fund accomplishes this through high quality branding, and direct marketing efforts, resulting in sellers contacting the Fund directly when looking to sell their real estate quickly. The Fund’s ability to invest with aggregated capital also provides greatly enhanced negotiation leverage as the Fund can close acquisitions quickly and without the typical financing delays encountered with other purchasers that require institutional financing to close on a property. Since the Fund’s primary managers are directly involved in the placement of investment funds into select real estate assets, HGH2 can manage their investments more actively than large institutional investors. By investing in a Fund with experienced and specialized management, investors are freed from the complexities and time required for individual property ownership.
The Company intends to pay an annual preferred return to its members on the amount of unreturned capital contributions in the amounts of:
- 8% to investors that invest $5,000-$49,999,
- 9% to those members whom invest $50,000-$99,999,
- 10% to those members whom invest $100,000 - $200,000,
- 11% to those members whom invest $200,000- $500,000, and
- 12% to those members whom invest $500,000 or more.