This is determined by the specific property and improvement plan and will be specified in each property offering. Typically, we intend to hold properties between 3-7 years.
Each property has an anticipated rate of return and a proposed exit strategy. For example, our strategy may be to hold a property for 4 years OR until we hit a specific appreciation hurdle, perhaps +40%. The first of these two factors to hit will cause us to sell the property and payoff our investors with available proceeds.
