Investing in alternative investments such as multifamily has the opportunity for great reward. But, with that reward comes the balance of responsibility on the part of the investor.
There are many companies offering services in the multifamily space, and it is easy to confuse one company's services with another. Although many companies offer educational and mentoring services regarding multifamily investing, SPI Advisory's sole focus is offering multifamily investments. We keep this hyper-focus to ensure we stay at the top of our game and perform as best as we possibly can for our investors.
At times we receive questions or requests for advice from our investors that are out of the scope of our services, and often these center around issues related to the type of investing entity the investors have used to take title in our investment (i.e., as an Individual, Jointly, with an LLC, with a retirement entity, etc.).
This leads to an analogy we use often to explain our services and your responsibility in these types of investments. The analogy is this: If you were to set up an account at Fidelity Investments and used the funds in that account to invest in IBM stock, you would approach Fidelity rather than IBM with questions about your account.
