Page 4 - Nikols - Annual Report 2022

4 ears
nd ounting
OAN ORTFOLIO 109 ILLION
1 ma and September 2021 marked the 14th year since our
n portfolio totaled $109 million.
The Fund and its related entities have now made 133
un mitm ys
p positive returns, even during the severe recession
starting in 2008.
W b F Estate lender, we were nimble enough to change
the business plan to exclusively investing in lines
ult.
I purchasing, renovating and reselling foreclosed
homes. The affiliated entities funded $273 million
r ot ng, have made 93 income property loans totaling $566
with agreed. 71 of those loans representing $413 million
n
i av r Bo r Bo in the e r From 2014 to 2021 our investor returns averaged
6.56.61%. in 2017 compared to 2016.
3