Question 1

What are the projected returns on Spark Multifamily investments deals?

Accepted Answer

The projected returns will vary from deal to deal and are never guaranteed. That being said, Spark typically looks for deals that can provide at least 5-6% annual cash-on-cash returns along with a 13-15% Internal Rate of Return (IRR).  We focus on minimizing downside risk.

Question 2

What’s the minimum investment in a Spark Multifamily deal?

Accepted Answer

The minimum investment is generally $25,000 for a Spark deal.

Question 3

Do I need to be an accredited investor to participate in Spark Multifamily properties?

Accepted Answer

No, you do not need to be an accredited investor to register with the Spark Investor Club or to invest with us. Generally, our deals are 506b though certain deals may be open to accredited investors only.

Question 4

What types of assets does Spark Multifamily Group focus on?

Accepted Answer

Spark Investment Group focuses on one asset class only: multifamily apartments. We currently own and operate assets ranging in size from six to 281 units. In addition, we own and operate everything from 1970s and 1980s value-add properties to newly built, build-to-rent (BTR) products. While our geographic market may be specific, we are open to investing in properties of various sizes and ages. Our goal is to offer our investors solid real estate investment opportunities that will provide strong risk-adjusted returns.

Question 5

What market(s) does Spark Multifamily Group invest in?

Accepted Answer

As a lead sponsor, our primary market sits where our acquisitions and operations team is located: Greenville, SC. With nearly 500 units owned and operated in this market, we believe our intimate knowledge of the area is the key competitive advantage offered to our investors.
Greenville, SC, was recently rated the #1 Tertiary Multifamily Market in the U.S. It’s predicted that the entire ‘Upstate region’ (SC) will continue to experience strong population and job growth over the next decade.
A major contributor to the Upstate’s robust development is Greenville’s award-winning, walkable downtown, which is attracting new residents from major metropolitan areas and is the region’s cultural center. Other significant drivers of sustained growth include:
•	The city’s location along I-85 (between Charlotte and Atlanta), which provides significant transportation and logistics employment.
•	A solid manufacturing base led by BMW and Michelin.
•	Two major hospital systems, which provide excellent medical services to the region.
•	Downtown Greenville’s thriving tourism industry, which provides employment in the leisure and hospitality sectors.
This diverse economic base provides the foundation for profitable investment opportunities.

Question 6

Are multifamily investments recession resilient?

Accepted Answer

Yes, we at Spark Multifamily Investment Group believe so. People need places to live; therefore, the demand for housing — particularly affordable and high-quality housing — will remain high even during a downturn.
At Spark Investment Group, we focus on affordable A and B Class apartments that are located in great neighborhoods with strong demographics. Investments in this asset class tend to be lower risk because tenants are more financially secure.

Question 7

Will my investment be secure?

Accepted Answer

At Spark Multifamily Investment Group, capital preservation is our #1 priority. Above all else, we do everything in our power to protect your hard-earned money.
While there are no guarantees with this type of investment, to protect your capital we ensure that every deal has plenty of reserves, modest leverage, ample buffer, and multiple exit strategies.

Question 8

What are the tax advantages of investing with Spark Multifamily Investment Group?

Accepted Answer

We highly recommend that you consult with your own CPA to obtain the most accurate tax information for your unique situation.
As a real estate syndication investor, you’ll gain the tax benefits of property ownership, including accelerated depreciation and cost segregation, which can help lower the taxable passive income you receive.
Each year, you’ll receive a Schedule K-1 tax form to include with your tax filings. This form reports your income and losses for the investment.
If you qualify as a real estate professional, you may be able to apply all the paper losses to your ordinary income as well. 
Again, you should consult your CPA for details related to your specific financial situation.

Question 9

How do I explore investing with Spark Multifamily Investment Group?

Accepted Answer

Getting started is easy! Take the first step by registering with the Spark Investor Club ( https://investwithspark.com/start-now/ ). Then we’ll reach out to you and take some time to get to know you and discover your investing goals. Then, when we find an investment opportunity that matches your objectives, we’ll share the details with you!
Note: Registering with the Spark Investor Club is free and there are no commitments to invest.