Before switching to Avestor, Ash and his partners were spending more than $15,000 on each syndication deal. And because each deal is a separate entity, it took much longer than Ash would like to launch a new deal.

For each deal, he’d have to create a new PPM, file new blue sky filings, and re-onboard investors. 

“For each syndication, we would have to figure out [which attorneys] to use. There’s no continuity from the previous deal,” Ash explained. “Before Avestor, it would be a conscious decision on each deal as to who we use and how we negotiate rates with them, and we were at the mercy of their timeline.” 

Now that he’s launched the Invest Beyond Multifamily fund on Avestor’s platform, Ash is able to eliminate the need to set up every deal separately.

He’s even able to include multiple asset classes in the same fund, and multiple business models. For example, the fund includes one deal with 22% returns and a 70-30 split, and one deal with 8% preferred returns with a 50-50 split. 

“We are non-residential commercial investors, so we do office, retail, industrial, medical, ground-up development, and we have a co-working space. We do everything besides multifamily, RV, self storage, mobile home parks. So each one of our deals is different,” Ash explained.

It’s been less than a year since Ash created his customizable fund, but he’s already impressed by the results he’s seen. 

Aside from the significant cost savings Ash has generated for his business, he’s also appreciated Avestor’s ease of use for investors. 

“The portal is easy to use for our investors,” he explained. “It’s a super smooth process with not a lot of hand holding.” 

Ash continues to recommend Avestor to all the commercial real estate investors in his network, including the members of a mastermind he leads. 

“There’s really no reason people should be paying $15,000 per syndication deal when they could just set up a fund through Avestor.”