Meet the Team
Joana Athanasi-Shuckerow
Joana Athanasi-Shuckerow
Joana Athanasi-Shuckerow
Joana is an engineer, inventor, and real estate investor. She immigrated to the United States in 2008 from Greece to fulfill the American Dream. She has a Bachelor's degree in Mechanical Engineering and is currently working on a Master's in Applied and Computational Mathematics. She has her private pilot's license, and owns a company whic
Joana is an engineer, inventor, and real estate investor. She immigrated to the United States in 2008 from Greece to fulfill the American Dream. She has a Bachelor's degree in Mechanical Engineering and is currently working on a Master's in Applied and Computational Mathematics. She has her private pilot's license, and owns a company which provides life-saving products to pilots. She loves to travel the world, having visited over 25 countries and has an unsatiable passion for real estate and helping others.
Nicholas Shuckerow
Joana Athanasi-Shuckerow
Joana Athanasi-Shuckerow
Nick is a mechanical engineer and a Marine Corps Officer. He has deployed to the middle east, supporting flying efforts as an Aircraft Maintenance Officer. He is currently working on his Master's in Business Analytics from UCSD and has an extreme passion for programming and 3D Design. His analytical skills play a vital role in determining
Nick is a mechanical engineer and a Marine Corps Officer. He has deployed to the middle east, supporting flying efforts as an Aircraft Maintenance Officer. He is currently working on his Master's in Business Analytics from UCSD and has an extreme passion for programming and 3D Design. His analytical skills play a vital role in determining real estate investment opportunities. He loves to travel the world and rock out on drums!
Advisors
Eric Upchurch
Eric Upchurch
Eric Upchurch
Eric is an Army Special Operations veteran who grew up in Central Iowa before attending college in California. While serving, Eric deployed to combat five times and completed a Masters Degree in Aeronautical Science. He has a passion for educating the military community on how to create long term wealth through real estate investing, whil
Eric is an Army Special Operations veteran who grew up in Central Iowa before attending college in California. While serving, Eric deployed to combat five times and completed a Masters Degree in Aeronautical Science. He has a passion for educating the military community on how to create long term wealth through real estate investing, while personally investing across the country for the last seventeen years. Eric serves as Co-Founder of Active Duty Passive Income (ADPI) and is a Senior Managing Partner with ADPI Capital.
Rod Khleif
Eric Upchurch
Eric Upchurch
Rod Khleif is a Real Estate Investor, Mentor, Coach, and Founder and Host of the Lifetime Cash Flow through Real Estate Investing Podcast and Lifetime Cash Flow Academy.
What is a Syndication
A multifamily syndication is a partnership where a group of investors pool their money together to purchase large assets that would otherwise be difficult for someone to acquire on their own. The typical structure consists of general partners and limited partners.
The General Partner, or syndicator, is responsible for overseeing and managing the property from acquisition, signing the loan, due diligence, renovation, and daily operations. They have full liability over the company and its decisions.
Limited Partners are passive partners who invest in a portion of the equity investment and typically are not involved in the daily responsibilities of the company and have no personal liability beyond their investment.
Cash Flow through Passive Income
Your stake in a real estate investment enables you to benefit from the cash flow the property produces each month. Cash flow is what is left over when you take the property’s income (most often in the form of rent) minus its expenses. Because every investor is entitled to their share of the property’s cash flow based on their amount invested, and because their invested dollars are in a sense “earning” them these sizable distributions directly to their bank accounts, investors have come to refer to it as “passive income”.
Appreciation
In general, property appreciation means an increase of its value over time. The more an asset appreciates in value, the more profit is made on its refinance or sale. In addition to this natural appreciation, we increase the value of our assets by increasing their net operating income, which in turn, further increases their value. This means more money for the investors upon refinance or sale of the property.
Tax Benefits
We are not professional tax accountants and we recommend you seek proper counsel, but owning real estate has always offered incredible tax savings and huge tax advantages when compared to traditional investments such as stocks & bonds. Often times investors in apartment buildings end up paying little to no taxes because of the loopholes written into our tax codes. Oftentimes you are also able to reduce or eliminate the taxes you pay at your W2 job when owning commercial real estate. Please seek your tax professional for personalized tax benefit information.