What is Open Door Capital and how does it work?
Open Door Capital is a private, well-capitalized, real estate investment firm founded by Brandon Turner. We help clients achieve superior risk-adjusted returns through the acquisition of mobile home communities and apartment complexes nationwide. Open Door Capital is financed by accredited investors seeking a combination of strong cash flow and equity growth.
We purchase mobile home communities and apartment complexes with a very specific set of criteria – manage them effectively and efficiently – and distribute cash flow to investors.
Can I invest with my self-directed IRA or other retirement account?
Yes! We can process investments through a variety of self-directed retirement accounts.
Can Open Door Capital accept 1031 proceeds?
Depending on the offering, we may be able to accept 1031 exchange funds, but typically only for $1M+ investments given the added complexity and legal expense associated with structuring a deal in this way.
Please reach out to our Investor Relations team (firstname.lastname@example.org) if you have further interest.
Who is eligible to invest with Open Door Capital?
Currently, our offerings are 506c which require you to be an Accredited Investor.
Click here for more information about what it takes to become an Accredited Investor.
What tax documents should I expect to receive?
K-1s will be uploaded to your profile in the investor portal, where they are conveniently available for download. Our goal is to deliver K-1s on, or before, the deadline of 3/15 each year.
What am I investing in?
Open Door Capital offers investors the opportunity to invest in diversified funds and single asset offerings for mobile home communities and apartment complexes.
When you buy shares in one of our offerings, you become a direct equity owner of the LLC that owns the properties.
How will investor reporting work?
Investors will receive access to their investor portal where they can review their investment details and relevant documents at any time.
Investors will also receive monthly emails with high level financial overview benchmarked against our performance targets along with detailed, property specific updates.
Am I investing in a Fund or a Project Specific Syndication?
Open Door Capital offers both funds and project specific syndications based on the asset and your goals as an investor.
Each raise will specify both the asset type and the investment type to ensure you are well informed about the investment you are making.
Does any depreciation or losses get passed through to the investor?
Yes! We typically perform cost segregation studies on all of our assets, allowing investors to benefit from bonus and accelerated deprecation.
What are the tax implications of investing in real estate syndications like Open Door Capital?
Real estate investments and syndications offer a number of tax advantages. To fully cover these implications, Brandon Turner interviewed Amanda Han and Matt MacFarland from Keystone CPA. Amanda and Matt specialize in tax strategies for real estate investors. You can watch the full interview here.