Adam Budgin
Location: Columbus, OH.
Out of state investor
Strategy: Syndication
Interest: Single tenant NNN properties in Ohio.
Maximum Budget: $1,000,000
“As an investor that's been historically focused on small multifamily, you and your team/network have been instrumental in helping me reach my goals of breaking into commercial real estate.” - Adam
Being an out of state investor, Adam was looking to invest in Ohio in properties that have no or minimal landlord responsibilities. Adam has many close friends and relatives who are interested in investing with him. Realizing that partnering with friends and relatives has its own challenges, Adam approached OIG team leader Pri for help and guidance. For about 6 months Adam discussed with us about how to organize his LLC with his partners, goal setting, investing strategy, exit strategy, financing etc. Consultations included one-on-one calls, Zoom meetings with all partners and coordination with local banks. All partners are being preapproved by a local community bank in Ohio. In May 2021 Adam went into contract to purchase an absolute net property in Lorain, OH. This property met the investment goals of all partners.