Summer is coming to a close here soon! Time to enjoy all the last minute BBQ’s at the park, days at the beach, and time spent with family.
With half of 2021 in our rearview mirrors, now is a great time to reflect on the year and pivot where needed. Since the start of the year, we set off to create more wealth and opportunity for you, our investors, as well as to educate those to build and grow their own portfolio. We’ve learned many lessons and are continuously growing as a company and as a community!
We are ever-growing, both internally and externally. Thankfully, we have been able to scale our investments and target larger institutional quality assets, allowing us to implement a reliable and effective business plan to bring our investors exceptional returns.
Bob Proctor, Best-Selling Author, put it best…
“The only limits in life are those we impose on ourselves“
With 5 months left in the year, what plans have you put in action to reach your goals, and set yourself on a clear path for 2022?
Here at Viking Capital, we are continuing to navigate the ever-changing course of the pandemic and excited to see that vaccinations-for-all is a reality! As always, our primary focus is on YOU – our investors, as well as our residents in all of our apartment communities.
Onward and upward,
MainStreet Village: Fully Funded!
– DEAL UPDATE –
We are pleased to share that, similar to all of our deals, MainStreet Village is now oversubscribed and fully funded! Thank you to all of the investors who are a part of this opportunity. We are excited for a strong partnership.
Did you miss out on this deal? Want to get priority on our next offering?
We are set to launch our next deal in three weeks. Click below to join the VIP list and be among the first investors to get access to this opportunity.
Strong Multifamily Performance Will Continue In 2nd Half Of 2021
– IN THE NEWS –
“The first half of this year saw outstanding rent growth in multifamily rental properties proving that strong multifamily performance will continue in the second half of 2021, according to Yardi Matrix.
In their summer report for 2021 entitled “Multifamily Emerges Strong from the
Pandemic,” the company says that while rent growth seen in the first half of 2021 cannot continue indefinitely. With rents increasing by almost double digits in many markets on a year-over-year basis, the cost-of-living gap between what have been considered “lower-cost cities and gateway markets is starting to narrow.”
The rapidly growing tech hubs of Phoenix, Las Vegas, Atlanta and Tampa
show that, “People migrating into these cities can afford the large price increases. But longtime residents are deeply affected by the accelerated rent growth,” Yardi Matrix says in the report.”
Family Office Club: CapitalCon 2021
– VIRTUAL EVENT –
Dr. Vikram Raya joined CapitalCon 2021 as a featured speaker last week to discuss how to raise capital without an MBA. This premier global virtual event is for anyone working in investor relations and capital raising. CapitalCon is a virtual experience that will feature 30+ capital-raising veterans, who have all raised over $100M+ each.
Attendees will experience a fast-paced sequence of presentations from the speakers on what they believe was their key or unique strategy to raising more capital.
Tax Benefits – Main Street Village IRA’s & Cost Segregation
– NEW VIDEO –
Ravi Gupta dives into two HUGE benefits of investing in Main Street Village.
In this video, he dives into:
What an SDIRA is
The benefits of investing in a syndication with an SDIRA
What cost segregation and bonus depreciation are
How you can minimize your taxes through real estate syndications
The Wealthy Gardener
– BOOK OF THE MONTH –
Join the Viking Capital team for August’s book of the month – The Wealthy Gardener.
Soforic was dubbed the Wealthy Gardener due to his vast fortune and his passion for backyard gardening. The silly nickname stuck, and he didn’t object to it. Instead, within a year, he renamed his vineyards The Wealthy Gardens.
He enjoyed the name because it reminded him of a metaphor comparing life to a plot of land.
Gardeners are not afraid of working hard to shape their landscape, but they are also aware of a mysterious Unseen Force that operates behind the scenes to make the plants grow.