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Open Door Capital: Verified Investor Reviews on Invest Clearly

4.47

Sponsor
Actively Raising

Overview

Open Door Capital is a privately held real estate investment firm founded by Brandon Turner that specializes in mobile home parks, self-storage facilities and multifamily. Open Door Capital has nearly $1 billion in assets under management (AUM), a portfolio of more than 13,000 units, and has partnered with more than 2,000 investors. Visit odcfund.com/our-offerings to view current opportunities.

Address

Kiehi,

Hawaii

96753

Year Founded

2017

Operates In

Virginia

Florida

Georgia

Mississippi

Texas

Asset Classes

Multifamily

Storage

Mobile Home Parks

Accepted Investors

Accredited

Details

Assets Under Management$982M
Average IRR35.00%
Average Equity Multiple1.7x

Reviews
45

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highlighted review

Verified Investor

2.00

"Multiple ODC Funds: A Disappointment"

My investments in two ODC funds, marketed as "cash-growth" and "day one cash flow," have been disappointing. Distributions on both funds have been paused for multiple years, directly contradicting their initial stated goals. Although ODC's communication is acceptable, their consistent underperformance relative to even their most conservative projections is a significant concern.

Verified Investor

1.00

"Invested $100,000. Might lose 90% of my investment."

I invested $100,000 in a multi-family property deal they had. I received an email asking if I wanted to receive only 10% of my investment back, a 90% loss, or try to get more of my money back with the new buyer. I would not invest with them again, and if you are considering it, please consider what happened to investors like me.

Verified Investor

2.00

"Multiple ODC Funds: A Disappointment"

My investments in two ODC funds, marketed as "cash-growth" and "day one cash flow," have been disappointing. Distributions on both funds have been paused for multiple years, directly contradicting their initial stated goals. Although ODC's communication is acceptable, their consistent underperformance relative to even their most conservative projections is a significant concern.

SL

Sutter L.

5.00

"Love Open Door Capital!"

We’ve now invested in three deals with Open Door Capital and couldn’t be happier. The team is exceptional, the deals are solid, and their communication is clear and consistent. Before investing, we spoke with several references and consistently heard glowing feedback about how ODC operates. They’ve proven to be trustworthy and highly transparent. Overall, it’s been a great experience, and we’ve truly enjoyed partnering with ODC.

ZM

Zach M.

4.00

"So far, so Good"

Good onboarding. However, initial communication after investment was lacking. I had to reach out to find out some specifics of how the fund was doing in the first few months.