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PassiveInvesting.com
Sponsor

1.00

Actively Raising

Overview

PassiveInvesting.com is a private equity real estate investment firm focused on building passive income and equity for its investors through risk-adjusted real estate investments in the hottest real estate markets in the United States. In 2018, the managing partners, Dan Handford and Danny Randazzo joined forces and have since then acquired just over $2.0 Billion in real estate assets. Currently, the portfolio consists of $1.4 billion AUM in 5 different asset classes and just over 1,800 investors active in those assets. PassiveInvesting.com currently manages and is actively acquiring the following asset types: multifamily, car wash, self-storage, and hotel. In addition, Rehab Wallet is the private lending arm of the company: funding fix and flips and providing bridge loans to customers across the United States. Currently, the team consists of over 50 dedicated employees and is growing. Each team member is committed to protecting the company assets, investments, and overall reputation. PassiveInvesting.com is proud to say that all of its employees are remote and work effectively from their homes across the United States. Visit PassiveInvesting.com to join the Passive Investor Club to stay up-to-date with our current investment opportunities and to schedule a call with one of our investor relations associates.

Address

Year Founded

2018

Operates In

Asset Classes

Hotel

Multifamily

Storage

Mortgage Notes

Accepted Investors

Accredited

Details

Assets Under Management$1.4B
Average IRR28.90%

Deals
3

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PIC Alliance Fund, LLC

Minimum Investment$50,000
Actively Raising
Deal Thumbnail

PIC Car Wash 6, LLC

Minimum Investment$100,000
Close Date8/25/2023
Closed
Deal Thumbnail

PIC Fund I, LLC

Minimum Investment$25,000
Actively Raising

Reviews
1

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highlighted review

Verified Investor

1.00

"Lost all of our capital"

Initially, had good results investing with them in a multifamily deal (Carrington at Brier Creek in North Carolina). Then, we elected to roll over our equity through a 1031 exchange through a TIC with another group to purchase class A multifamily in Katy, TX in late 2020. Despite decent operational performance, the capital stack that they put together has blown up due to the use of short-term, floating rate debt with interest caps. Looking back, with the benefit of hindsight, it was all very predictable, but everyone was drunk on cheap money during the pandemic. Now in 2025, they tried a capital call with very unfavorable terms for non-participants, essentially moving non-participants to the back of the line and promoting old-money contributions for participants ahead of other LP's in the same share class. We did not participate for a number of reasons. I did not appreciate the strong-arming they tried to pull with the capital call, but also didn't want to throw good money after bad. We've lost a lot of capital in deals like this and need to preserve what we have left. They are doing a forced sale now and we are told that we will not receive any of our capital back. Earlier communications indicated that if the asset were sold today, there was 18% left. Going to zero was not in line with expectations. Groups like these are a dime a dozen. I don't see how they add value. They're merely asset gatherers who rode the wave in multifamily appreciation, collecting fees and promotes along the way. Their judgement on macroeconomics and risk is no better than mine. I should have listened to doubts I had about valuations, but I trusted their judgement. One of the founders said and I quote (paraphrasing): "I love low cap rates because they give us more leverage" (due to the multiplier affect on NOI). Well, how has that worked out? It turns out paying peak valuations for RE and layering on short-term debt is risky. The way the call and the forced sale calls into question their integrity. I would not trust them with my hard-earned capital again, even if I could forgive them for their poor judgement and lack of respect for risk.

Verified Investor

1.00

"Lost all of our capital"

Initially, had good results investing with them in a multifamily deal (Carrington at Brier Creek in North Carolina). Then, we elected to roll over our equity through a 1031 exchange through a TIC with another group to purchase class A multifamily in Katy, TX in late 2020. Despite decent operational performance, the capital stack that they put together has blown up due to the use of short-term, floating rate debt with interest caps. Looking back, with the benefit of hindsight, it was all very predictable, but everyone was drunk on cheap money during the pandemic. Now in 2025, they tried a capital call with very unfavorable terms for non-participants, essentially moving non-participants to the back of the line and promoting old-money contributions for participants ahead of other LP's in the same share class. We did not participate for a number of reasons. I did not appreciate the strong-arming they tried to pull with the capital call, but also didn't want to throw good money after bad. We've lost a lot of capital in deals like this and need to preserve what we have left. They are doing a forced sale now and we are told that we will not receive any of our capital back. Earlier communications indicated that if the asset were sold today, there was 18% left. Going to zero was not in line with expectations. Groups like these are a dime a dozen. I don't see how they add value. They're merely asset gatherers who rode the wave in multifamily appreciation, collecting fees and promotes along the way. Their judgement on macroeconomics and risk is no better than mine. I should have listened to doubts I had about valuations, but I trusted their judgement. One of the founders said and I quote (paraphrasing): "I love low cap rates because they give us more leverage" (due to the multiplier affect on NOI). Well, how has that worked out? It turns out paying peak valuations for RE and layering on short-term debt is risky. The way the call and the forced sale calls into question their integrity. I would not trust them with my hard-earned capital again, even if I could forgive them for their poor judgement and lack of respect for risk.