URL:
Location:
Roswell, GA
Niche:
Self-Storage Assets
Prior::
Realty Mogul

Overall:

Communication/Reporting:

Track Record/Performance:

Sponsor Fees:

With over 45 years of self-storage experience Reliant Real Estate Management manages the approximate 2,406,562 rentable square feet of the StoreSmart self-storage properties and other independently owned storage properties throughout the United States.

Reliant is committed to the physical and economic growth of an asset.  Since its formation, as part of its careful budgeting of operational costs, Reliant has analyzed its staffing needs with a view to minimization of internal staffing and associated overhead, while assembling a management team that is highly motivated, industry knowledgeable and consistently achieves high quality results.  A Reliant manager prides him or herself on exceptional customer service, high closing rates, diligent revenue management, budget adherence and the aesthetic appeal of the asset.   A typical Reliant manager has numerous years of self storage experience, is fully versed in the management and truck rental software and builds his or her walk-in traffic through the carefully managed “grassroots” marketing efforts.

Fees and Other information about the sponsor:


1.     Acquisition fee (typical) 1% of Purchase Price
2.     Asset management fee -  None
3.     Management fee (typical) 6% - industry standard
4.     Construction fee (typical) 6%
5.     Sponsors Loan fee (typical) 1% Guarantor Fee if recourse, No fee if non-recourse
6.     Disposition fee (typical) None
7.     Promote & waterfall (typical) Ownership starts at 30% GP / 70% LP. When IRR hurdles are met usually a               12% the ownership flips to 50/50
8.     Catch up fees for sponsor None
9.     Years of experience/existence 30+ years in the industry, Reliant has been in business for the 7 years
10.   Number of deals sponsor has participated with outside investors 50+ Years
11.   Asset Value of Sponsor's Investments $350mm
12.   Average Investor IRR on completed deals (Low, high and median. If available) Average 20% IRR and 13%          cash on cash returns over a ten year hold period
13.   Number of times exercise their callable right to investors 100%
14.   Typical investment by sponsor (% or equity) 5%

Read the reviews on this self storage sponsor from actual investors to determine if Reliant Real Estate Management is a scam sponsor or a legit real estate crowdfunding sponsor.

Due Diligence & Discussions

Share your experience. Rate and comment!

Mark Robertson

Feb 16, 2017

I invested in 2 deals from 2015.  They had an opportunity to sell early and they beat their projected 25% IRR projections.  I will continue to invest with Reliant Real Estate Management

A A

Feb 14, 2017

I have invested with StoreSmart 4 times since 2013 and I have been very happy with their reporting and performance. Definitely a great sponsor.

Tim C

Feb 10, 2017

Have 1 deal them them through RM platform and another coming up directly.  They are hitting proforma numbers and the value add project in GA coming up will be my largest single asset cf investment to date.  Good communication and very good track record.  Storage caps at a all time high now.  

Don Wallace

Jan 27, 2017

I have 3 deals with this sponsor and all are hitting their numbers. communication is good and distributions are timely.  There fees are fair and they are very good a managing self storage facilities, Will invest again with this sponsor.

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Reliant Real Estate Management Reliant Real Estate Management
Rated 3.8/5 based on 11 customer reviews

With over 45 years of self-storage experience Reliant Real Estate Management manages the approximate 2,406,562 rentable square feet of the StoreSmart self-storage properties and other independently owned storage properties throughout the United States.

Reliant is committed to the physical and economic growth of an asset.  Since its formation, as part of its careful budgeting of operational costs, Reliant has analyzed its staffing needs with a view to minimization of internal staffing and associated overhead, while assembling a management team that is highly motivated, industry knowledgeable and consistently achieves high quality results.  A Reliant manager prides him or herself on exceptional customer service, high closing rates, diligent revenue management, budget adherence and the aesthetic appeal of the asset.   A typical Reliant manager has numerous years of self storage experience, is fully versed in the management and truck rental software and builds his or her walk-in traffic through the carefully managed “grassroots” marketing efforts.

Fees and Other information about the sponsor:


1.     Acquisition fee (typical) 1% of Purchase Price
2.     Asset management fee -  None
3.     Management fee (typical) 6% - industry standard
4.     Construction fee (typical) 6%
5.     Sponsors Loan fee (typical) 1% Guarantor Fee if recourse, No fee if non-recourse
6.     Disposition fee (typical) None
7.     Promote & waterfall (typical) Ownership starts at 30% GP / 70% LP. When IRR hurdles are met usually a               12% the ownership flips to 50/50
8.     Catch up fees for sponsor None
9.     Years of experience/existence 30+ years in the industry, Reliant has been in business for the 7 years
10.   Number of deals sponsor has participated with outside investors 50+ Years
11.   Asset Value of Sponsor's Investments $350mm
12.   Average Investor IRR on completed deals (Low, high and median. If available) Average 20% IRR and 13%          cash on cash returns over a ten year hold period
13.   Number of times exercise their callable right to investors 100%
14.   Typical investment by sponsor (% or equity) 5%

Read the reviews on this self storage sponsor from actual investors to determine if Reliant Real Estate Management is a scam sponsor or a legit real estate crowdfunding sponsor.