Invest with Nik
We buy apartments, mobile home parks and RV parks on terms — seller carry, assumed debt, hybrids — and we hold them. Quarterly distributions, one operator, one phone number.
Who runs it
I am Nikolay Shulgin. I started buying real estate in 2008 — the year everyone else stopped. Eighteen years later the method has not changed much: buy from a seller who wants out more than they want top dollar, structure the terms so the property carries itself from day one, and never bet the deal on a refinance that has to happen.
That is a boring business on purpose. It does not produce dramatic quarters. It produces a property that pays, a schedule you can plan around, and an operator who picks up the phone when you call — because there is no investor relations department between us. There is me.
I fly to every property before we close. Not for the photographs — for the parking lot at seven in the morning, the water bill, the manager who has been there nine years and knows what the seller left out.
Letters from later
A series in production. Each film is one ordinary moment, set years from now, in which somebody is glad a decision was made quietly a long time ago. Illustrative fiction, produced with AI — not a forecast, not a promise, and not anyone's actual results.
A daughter has three acceptance letters and one question. Her father does not have to think about the answer.
He hands in the badge on a Friday nobody planned for him. The distribution arrives the same week it always has.
Nothing happens. That is the entire film. It is the one people say they think about afterwards.
These films are dramatised scenarios created with generative AI. The people are not real, the outcomes are invented, and nothing shown is a projection, guarantee or indication of past or future performance. Real estate investments can lose value, including the entire amount invested. Any offering is made only through definitive documents provided to verified accredited investors.
Pipeline
Projects held jointly with Bearing Equity. Some are raising now, some are still being underwritten. The difference between them is timing, not access — open any of them and you will see where it stands, what the minimum is, and what the next step would be.
Offerings under Rule 506(c) are available to accredited investors only. Verification of accredited status is required before any offering documents are shared. Rounds close on the dates shown unless filled earlier.
We open a round only once the numbers clear our own thresholds. Ask to be told when this one does.
Past results are not indicative of future performance. Details of prior transactions are provided to verified investors on request.
How it works
Rule 506(c) requires it, so we do it properly and once, through an independent service — VerifyInvestor. A letter from your CPA, attorney or adviser works just as well. It takes a few days and commits you to nothing.
The offering memorandum, the rent roll, the debt terms, the seller's reason for selling, and the model with the assumptions left visible. If a number looks aggressive to you, ask — it is the right question.
Quarterly distributions and a quarterly letter that says what actually happened, including the months something went wrong. No portal you have to remember the password for.
Access
Tell us where you are and what you are trying to solve — retirement in twelve years, tuition in six, income that does not depend on you showing up. We will tell you honestly whether what we buy fits it.
Raising now
Houston, Texas
A short overview of the property, the business plan and the people running it — no terms, no projections. The full underwriting package, including the capital stack and the modelled exit, is released after verification and not before.
Overview — in preparationRule 506(c) lets us talk about a raise in public, but it also requires us to verify that every investor is accredited before any offering document changes hands. At the $200,000 minimum that verification is short.