First National Realty Partners review 2024

Investors have long searched for reliable ways to craft a diversified portfolio. Real estate is a common and highly sought-after tool for achieving this goal. But determining the best strategy to leverage it can be daunting.

First National Realty Partners aims to provide real estate returns that are resistant to a volatile economy. It does so by helping you invest in food and shelter, two areas FNRP says are always in demand.

Here’s what you need to know before adding a First National Realty Partners deal to your investment portfolio.

About First National Realty Partners

First National Realty Partners is an online crowdfunding platform with investment strategies rooted in “necessity-based consumerism.” People always need food and shelter. The company targets these areas through multifamily properties, industrial commercial real estate and grocery-anchored shopping centers.

Its retail properties are home to several big-name storefronts, including Walmart, Whole Foods and Kroger. FNRP also holds a small number of offices, townhomes and apartments.

FNRP has amassed over $2 billion in assets under management across 26 states since its inception in 2015. More than 2,800 investors have seen their share of $115 million in returns.

The company aims to provide individuals with access to real estate assets previously reserved for institutional investors. But only accredited investors can invest with FNRP. This means you must have a net worth over $1 million, excluding your primary residence, an individual income over $200,000 or a joint income over $300,000. FNRP’s minimum investment is $50,000.

How does First National Realty Partners work?

First National Realty Partners curates real estate deals and allows you to determine if you’re interested. The investment process is straightforward:

1. Complete a qualification survey. 
2. Find a property. 
3. Attend a webinar. 
4. Make an allocation.
5. Collect quarterly distributions.

You can schedule a call with the investor relations teams to ask questions or learn more. 

Key features and tools

Catalog

The catalog of First National Realty Partners investment options is chock-full of in-depth details for each deal. The property description includes an analysis of the location, market and site plan. If you miss the live webinar, the replay is available within the catalog. The catalog also includes a synopsis of why FNRP invested in each property.

Dragnet Acquisitions Model

FNRP uses its proprietary Dragnet Acquisitions Model to drag its net across the U.S. to source investment opportunities. It couples this technology-based approach with its local relationships to find the best properties. 

1031 exchange-eligible properties

FNRP offers an opportunity to maximize investment returns with 1031 exchange-eligible properties. A 1031 exchange lets you sell an investment property and reinvest the proceeds in a similar property, postponing capital gains taxes.

In addition to tax benefits, 1031 exchange-eligible properties can provide stronger returns, increased cash flow and portfolio diversification.

Consult a tax professional to ensure this strategy is appropriate for your situation.

Costs and fees

First National Realty Partners requires a minimum investment of $50,000 per deal. Liquidity is practically nonexistent, as the average holding period for a property is five to 10 years.

Fees passed along to investors help cover the costs of various expenses related to the project. These include staff, technology and equipment. FNRP does not disclose the exact fees associated with each project to the public.

Usability and customer support

First National Realty Partners uses an in-house management and operating platform called FNRP360. It allows the entire team to work together to achieve the firm’s goals. FNRP360 aims to pair rapid information sharing with coordinated execution to gain holistic visibility. This enables FNRP to provide rich and refined details to investors.

FNRP offers customer support via phone, email and contact form. It also has Facebook and Instagram accounts. 

The company has an A-plus Better Business Bureau rating. It has earned 4.7 out of five stars based on 28 customer reviews on the BBB website. Many reviews highlight the responsiveness of the FNRP team.

Pros and cons of First National Realty Partners

Weighing the pros and cons of investing with First National Realty Partners is critical. 

FNRP boasts a low-risk, high-reward business model with 12% to 18% targeted average annual investor returns. But the company also has limitations. Below are some benefits and drawbacks.

Pros

• Offers investment strategies rooted in necessity-based consumerism.
• Uses technology and local market knowledge to source investment opportunities.
• Provides live webinars and calls with its investor relations team.
• Yields potentially high returns.

Cons

• Requires a $50,000 minimum investment.
• Is open only to accredited investors. 
• Lacks transparency regarding its fees.
• Has limited liquidity.

Final verdict

One of First National Realty Partners’ most attractive features is its catalog of investment opportunities. The company has a solid strategy for sourcing and researching deals with an emphasis on technology and data analysis.

FNRP cohesively presents its deals to potential investors and offers various opportunities to gather more information. It provides details on every facet of a property and offers solid support and communication.

FNRP may be suitable for accredited investors seeking a passive income stream in the real estate sector. But remember that returns aren’t guaranteed. FNRP may be best used to diversify your portfolio. 

While the potential for substantial returns exists, First National Realty Partners makes the most sense for investors with a high net worth and plenty of investment experience. 

Frequently asked questions (FAQs)