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I have many years experience as a financial Executive in Private Equity owned companies and am very impressed with the sharp, diligent, and methodical manner in which Ivan and his team run their businesses and work with their limited partners. I have invested in several projects and have been very satisfied with the results thus far.
My husband and I were looking for a profitable passive investment that would allow us peace of mind. We were impressed with BAM’s low-risk business model and the professionalism of their team. We chose to invest in the BAM Fund as a way to diversify our investment over multiple assets and have been pleased with the returns and timely reporting.
I have had the pleasure to work with BAM Capital on multiple occasions and capacities and couldn’t be happier! Exceptional customer service, supportive staff, and most importantly, the management team is there for you. I can't speak highly enough of BAM, the staff, and their care for their partners
I have been very happy with Ivan and his team of professionals. I have experience with five other real estate companies in a similar investor role. In this type of limited partner relationship, timely reporting and transparency are key to instill confidence. BAM has met or exceeded my expectations. I plan to continue to invest with this team for the foreseeable future.
Sometimes investing seems cold and impersonal. However, for us, investing with BAM feels like a warm, high-touch, professional experience. Their team is dedicated to financial success for all, and we appreciate the attention to detail, and care for their community.
Akron is a city in Ohio. It’s home to Stan Hywet Hall and Gardens, with a Tudor Revival manor house, a conservatory and landscaped grounds. The Akron Art Museum displays modern pieces, including pop art and photos, in an 1899 building with a dramatic glass and steel addition. To the north, Hale Farm and Village offers a glimpse of life in the 19th century, with 32 restored buildings, plus gardens and farm animals.
Akron was originally laid out in 1825 and in 1841 became the seat of Summit County. The name came from a Greek word meaning “an elevation” or “point.” Originally, the community was located slightly south of its present location, in modern-day South Akron. Many of the town’s earliest residents were Irish migrants employed to build the nearby Ohio and Erie Canal. After 1827, when the canal was completed between Akron and Cleveland, the community’s business interests really began to prosper. Its location along the canal meant that many farmers brought their crops to Akron to be milled and then transported to other markets, and manufacturing interests such as mills, furnaces, and textiles also emerged.
Population
Akron is a city located in Summit County Ohio. It is also the county seat of Summit County. With a 2020 population of 197,023, it is the 5th largest city in Ohio (after Columbus, Cleveland, Cincinnati, and Toledo) and the 128th largest city in the United States . Akron is currently declining at a rate of -0.15% annually and its population has decreased by -1.05% since the most recent census, which recorded a population of 199,110 in 2010. Akron reached it’s highest population of 290,351 in 1960. Spanning over 62 miles, Akron has a population density of 3,181 people per square mile.
The average household income in Akron is $55,286 with a poverty rate of 23.45%. The median rental costs in recent years comes to $759 per month, and the median house value is $82,400. The median age in Akron is 36.9 years, 35.1 years for males, and 38.7 years for females.
The average salary for jobs in Akron, Ohio is $58,287 (USD) per year or an hourly rate of $28 (USD).
In Akron, the summers are warm and partly cloudy and the winters are freezing, snowy, windy, and mostly cloudy. Over the course of the year, the temperature typically varies from 20°F to 82°F and is rarely below 4°F or above 89°F.
Based on the tourism score, the best time of year to visit Akron for warm-weather activities is from mid June to mid September.
Akron has an unemployment rate of 6.9%. The US average is 6.0%.
Akron has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Akron
– The Sales Tax Rate for Akron is 6.8%. The US average is 7.3%.
– The Income Tax Rate for Akron is 5.6%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Akron
– The average income of a Akron resident is $20,245 a year. The US average is $28,555 a year.
– The Median household income of a Akron resident is $34,139 a year. The US average is $53,482 a year.
BAM Capital created this fund in order to yield consistent and reliable cash flow, long-term appreciation, and accelerated tax benefits. The fund aligns with BAM Capital’s demonstrated track record of successful multifamily investing by continuing to implement our signature investment thesis, now in fund format. The fund aims for greater overall returns and lower risk through a multi-asset diversification strategy.
The above link will take you to the free Investor Portal to view all current offerings. If you do not have an account already, please create one to view the information.
