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About DLP Capital
DLP Capital offers tax-advantaged, evergreen, private REITs through various investment funds. Evergreen funds are open-ended investment vehicles with no termination date. Unlike most real estate investing platforms that are designed for long-term investing, DLP Capital’s REITs are risk-adjusted to be short-term investments, usually around six to 24 months.
Investors are paid in monthly, quarterly, or annual distributions, and the target annual net returns fall between 9% and 13%. But you’ll have to pay a high minimum of
The site provides a decent selection of educational tools including a blog, an informational podcast, instructional videos, webinars, seasonal reports, and more.
Is DLP Capital Right for You?
Only accredited investors can invest in a DLP Capital fund. Accredited investors are individuals who have a minimum net worth of $1 million or have a $200,000 salary ($300,000 for couples).
DLP Capital is unique in that its evergreen REITs are designed for short-term investing, and are more liquid compared to most other real estate investments. It’s not suitable for long-term investing.
DLP Capital’s real estate investments are best for accredited investors interested in earning passive income through monthly, quarterly, or annual distributions. When investing in a fund with DLP Capital, you won’t pick and choose which properties to invest in. Instead, you pick fromwhich fund to invest in which will be tailored towards different investment criteria. This may be appealing to those new to real estate investing.
DLP Capital: Overall Rating
| Feature | Insider rating (out of 5) |
| Fees | 3.00 |
| Investment selection | 3.75 |
| Access | 4.80 |
| Customer support | 4.00 |
| Ethics | 3.65 |
| Liquidity | 4.75 |
| Overall score | 4.05 |
DLP Capital Pros and Cons
| Pros | Cons |
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Is DLP Capital Trustworthy?
The BBB states that the reason for the C+ rating is due to a failure to respond to one complaint against the business.
Before issuing ratings, the bureau also considers a company’s time in business (including its business type), customer complaint history, licensing and government actions, and advertising issues. But its ratings don’t absolutely ensure a company will be reliable or perform well. This is why it’s important to also do your own homework before setting up an account. For better insight, talk with friends and family that have used DLP Capital and read customer reviews.
In 2022, Anthony Ruben, a previous DLP Capital senior managing director of investments, filed a lawsuit against DLP Capital Partners, LLC for allegedly promising Ruben shares of DLP’s profits, but instead terminating his employment. DLP has neither confirmed nor denied these allegations. Ruben is seeking $21.7 million in damages, and the case is currently pending.
Ways to Invest With DLP Capital
DLP Capital offers individual investment accounts for accredited investors. Investors also have the option to invest in DLP Capital investment funds through an existing IRA or 401(k) through a separate brokerage account.
Investor Account
A standard DLP Capital individual investor account allows you to invest in private real estate investment funds designed to make a positive impact on American communities by investing in evergreen, private REITs, and fixed notes through various investment funds. This includes funding and preserving rental housing, building communities, providing lending opportunities to sponsoring businesses, and lending capital to real estate operators.
These funds are also tax-advantaged by offsetting taxable income or offering a 20% tax rate deduction depending on the state of the investor.
DLP Prosperity Membership
If you’re interested in leaving a legacy through long-lasting wealth, then the DLP Prosperity Membership may be right for you. This membership plan, which comes complementary to all DLP Capital investors at no additional cost, is dedicated to helping families increase wealth through multiple generations. Investors participate in portfolio defense strategies, estate planning, one-on-ones with DLP Capital team members, and financial planning for expert guidance on long-term and short-term goals.
Prosperity Members are encouraged to attend at least one of the Prosperity Workshop events/retreats per year. There are also educational webinars to providing first access to DLP investment opportunities.
Investment Options
Investment options at DLP Capital include:
- Housing fund (REIT): Invests in equity in multi-family rental communities (including single-family communities, mobile home and camp communities, and self-storage) in order to provide affordable and safe workforce housing units. It’s focused on the Sunbelt region in the secondary and tertiary markets, and aims to improve income-producing rental communities. This tax-advantaged evergreen private REIT pays investors in monthly distribution and has targeted annual returns between 10% and 12%.
- Lending fund (REIT): Provides senior, secured, first-position loans to professional real estate operators for short-term risk-adjusted returns. Money pooled from this fund helps builders develop and improve affordable workforce housing. Short-term timeline increase liquidity and helps combat inflation. Investors are paid in monthly distributions. The target annual return is 9%.
- Building communities fund: This tax-sheltered evergreen fund invests in real estate debt and equity in the hope of developing and improving the acquisition and management of residential real estate areas, including single-family and multi-family communities, mobile home and camp communities, and self-storage. This fund mainly focuses on equity with strong growth potential, and limited volatility. Investors get annual distributions with a targeted annual return of 13%.
- Preferred credit fund: Investors lend money to US real estate operators, builders, and developers. This fund does not invest in real estate directly. Instead, short-term loans allow investment managers to make debt investments for the purpose of reposition, acquisition, and construction of primary workforce housing. It has high liquidity and protection against inflation. Investors are paid in monthly distributions with a targeted annual return of 10%.
DLP Capital Fees
Investment Fund Fees
All investment funds charge a 2.0% management fee
Investment Fund Rebates
There is a 0.50% annual investment rebate for investments of more than $1 million (per account, per fund based on minimum annual investment balance for the calendar year 2023 as of April 1, 2023; per calendar year thereafter), and a 1.0% yearly investment rebate for investments of $10 million. There is a minimum investment of
DLP Capital — Frequently Asked Questions (FAQs)
Is DLP Capital legit?
Yes. DLP Capital is a legitimate private financial services and real estate investment firm that has been in business since 2006.
Is DLP Capital a REIT?
DLP Capital offers tax-advantaged, evergreen, open-ended funds focused on combating the US housing crisis. This includes five investment funds consisting of private equity and debt funds, which encompass REITs and fixed notes. DLP Capital’s REITs are short-term investments with high liquidity and low volatility.
What is the minimum investment for DLP Capital?
The minimum investment for DLP Capital is
Who owns DLP Capital?
Don Wenner is the founder and CEO of DLP Capital.
How DLP Capital Compares
DLP Capital vs. Groundfloor
DLP Capital offers investment funds that then invest in tax-advantaged, evergreen, private REITs. Investors earn money through routine distributions. But you must be an accredited investor to join. DLP Capital also has a very high minimum of
Groundfloor, on the other hand, is a cheaper option that is available to both accredited and nonaccredited investors with a
You may prefer to invest with DLP Capital if your value aligns with DLP Capital’s mission to build, develop, and manage rental housing built to be affordable for America’s working families.
Read our Groundfloor review.
DLP Capital vs. Fundrise
Compared to DLP Capital, Fundrise offers more investment options for a low account minimum — but it only offers long-term investment options. That said, DLP Capital is the better choice for accredited investors.
Read our Fundrise review.
Why You Should Trust Us: How We Reviewed DLP Capital
We examined
Real-estate investing platforms generally offer multiple assets, trading tools, fees, and other resources. Some investing platforms are better for more advanced investors or active investors, while others may better suit beginner investors and passive investors. DLP Capital was evaluated with a focus on how it performed in each category.
