Overall:
Communication/Reporting:
Track Record/Performance:
Sponsor Fees:
Our approach is different. We seek assets for their ability to produce steady,
reliable cash flow. Our yields are not tied to the stock market. Our assets are
diversified geographically, they are diversified across several different asset
classes, and they are diversified across a variety of different exit strategies.
While producing very attractive returns, we are able to reduce our exposure to
market volatility. We focus on cash flow vs property market values. It is common
for us to only have 5-20% of a property’s value invested in a given asset. The
Fund does not currently use leverage.
The underlying strategy, and structure of our assets is very different from most
other real estate equity funds. We do not invest millions of dollars into a handful
of assets. We invest in small real estate assets, often only having a few hundred
dollars invested in a tax lien, a few thousand dollars invested in a parcel of
vacant land, and our investment in rental homes is in the tens-of- thousands,
instead of hundreds of thousands (or millions). We do not invest in real estate,
hoping the market will appreciate, or betting the values will rise, thereby making a
mediocre investment look better. We invest based on cash flow. Appreciation is
a distant second priority for us. We’re not in the business of loaning money. We
are in the business of owning real estate assets. We don’t use lines of credit,
large amounts of leverage, or long term financing. Often, equity funds owe
millions of dollars to lenders, and the bank’s interest is superior to the equity
members in the fund. We focus on cash flow. Positive cash flow is the primary
motivator for us to purchase a property. We are the nation’s leading experts in
producing cash flow from small, vacant land properties.
Since 1997 our team has closed on the purchase and sale over 11,000 real
estate transactions in 35 states. Five key team members have worked together
over ten years and our combined competencies contribute to our strategic advantage.
Mar 23, 2021
This is supposed to be an evergreen fund with a 2 year lock-up. They currently have redemption requests that have been outstanding for a year. Very frustrating.
Sep 20, 2020
They have been good for during my investment with them. However the recent management changes and poor communication of what exactly as changed left me very disappointed. It will make this a very different fund and it needs to be evaluated independently. I will not be investing any more dollars with this sponsor.
Nov 16, 2019
Enjoying my ride with my investment with this sponsor. Stephen is open, transparent and hence trustworthy. His CoC performance, monthly distributions and quarterly reporting has been spot on so far. Though actual total return (including investment value) is a bit lower than expectation, his consistency, reliability and no/low leverage makes it less risky... though Sponsor risk (one man show) needs to be kept in mind. So far so good...
Oct 28, 2018
i wanted to follow up with on Voyager. I have been with them a year at this point and continue to be impressed with Stephen personal communication and transparency. Never missed on expected return. I continue to increase my investment with this fund and find the NO LEVERAGE very appealing at this point in the market cycle and in this class of real estate
Apr 24, 2018
I too am happy with Stephen Seal and his team. The provide consistent results and prompt monthly distributions. Good mix of assets and he is a smart buyer.
Mar 24, 2018
I am invested with Voyager and have met with them in person. I am very pleased that they will be coming out with an investor portal soon which should improve things for us. I am very pleased with the company, strategy and management. The NO leverage for me is attractive as a risk tool but certainly understand others view it as a negative because if it was used the returns could be juicier. For me I am very pleased with NO Leverage as the returns are very good and with the no leverage it makes it better to me. I have increased my investment three times and will continut to up my stake as comfort grows
Kirby
Mar 12, 2018
One of the most impressive sponsors I've invested with (I've invested in well over a dozen private real estate funds). Stephen Seal is extremely patient and detailed in his communication with answering investor questions; I've witnessed it on conf calls and in forums where he is able to answer the most obscure questions. In addition the fund is a mixture of tax liens, affordable single family homes for rent, and vacant land, all with no leverage. A unique combo that I have not seen in other funds. The best part for me is no leverage as it increases the odds that it will weather the next economic downturn and not be at the mercy of the banks (who lends you the umbrella on a sunny day and tends to take your umbrella away when it rains). I don't worry much about this fund.
Aug 26, 2017
I am very pleased with my Voyager investment. It is paying as expected. Stephen Seal the CEO is very accessible. In fact when I initially contacted them he was on vacation, but still answered my questions.
It's pretty much a blind fund. In the quarterly reports they do give some information on their investments but don't expect any details such as addresses, individual returns on each investment, etc
Our approach is different. We seek assets for their ability to produce steady,
reliable cash flow. Our yields are not tied to the stock market. Our assets are
diversified geographically, they are diversified across several different asset
classes, and they are diversified across a variety of different exit strategies.
While producing very attractive returns, we are able to reduce our exposure to
market volatility. We focus on cash flow vs property market values. It is common
for us to only have 5-20% of a property’s value invested in a given asset. The
Fund does not currently use leverage.
The underlying strategy, and structure of our assets is very different from most
other real estate equity funds. We do not invest millions of dollars into a handful
of assets. We invest in small real estate assets, often only having a few hundred
dollars invested in a tax lien, a few thousand dollars invested in a parcel of
vacant land, and our investment in rental homes is in the tens-of- thousands,
instead of hundreds of thousands (or millions). We do not invest in real estate,
hoping the market will appreciate, or betting the values will rise, thereby making a
mediocre investment look better. We invest based on cash flow. Appreciation is
a distant second priority for us. We’re not in the business of loaning money. We
are in the business of owning real estate assets. We don’t use lines of credit,
large amounts of leverage, or long term financing. Often, equity funds owe
millions of dollars to lenders, and the bank’s interest is superior to the equity
members in the fund. We focus on cash flow. Positive cash flow is the primary
motivator for us to purchase a property. We are the nation’s leading experts in
producing cash flow from small, vacant land properties.
Since 1997 our team has closed on the purchase and sale over 11,000 real
estate transactions in 35 states. Five key team members have worked together
over ten years and our combined competencies contribute to our strategic advantage.
Share your experience. Rate and comment!