Forever Fund Performance Update | Q2 2025
Q2 2025 Update – Jacob Grant Forever Fund Performance & Strategy
We’re pleased to share the Q2 2025 update for the Jacob Grant Forever Fund. Your investment continues to work hard, with recent improvements and strategic decisions strengthening the long-term performance of the portfolio.
Portfolio Overview (as of Q1 2025)
We’re pleased to share the Q2 2025 update for the Jacob Grant Forever Fund. Your investment continues to work hard, with recent improvements and strategic decisions strengthening the long-term performance of the portfolio.
$2,155,000
Total Invested Capital
$8,962,500
Total Asset Value
$2,950,782
Total Equity
96%
across all properties
Stabilized Occupancy
Upgrades & Capital Reallocation
Over the past two quarters, we’ve completed a series of enhancements and repositioning efforts to increase both rental income and asset value.
- Basement Buildouts Completed (Q1 2025): Three recently acquired homes were upgraded with finished basements, converting into 4+bed / 3 bath layouts.
- Landscaping & Sprinkler Installations (Q2 2025): Curb appeal and long-term durability have been enhanced across the 3 new properties.
- Leasing: The 3 new properties are leased out in a positive cash flow position.
These improvements were funded by:
- The sale of our Rigby duplex (Purchased: $172,000 in November 2021 → Sold: $250,000 in June 2025)
- The strategic sale of the Menan land (Q4 2024), which was a non-performing, non-cash-flow asset
Why These Sales?
We sold Rigby to capture short-term profits and reposition the equity into assets with higher long-term appreciation and better cash flow. Similarly, Menan’s land equity was reallocated into actively performing rental properties that now contribute both income and equity growth.
What's Next
- Asset Review: We are currently evaluating portfolio performance and may list a condo in Pocatello that no longer aligns with fund goals.
- Refinancing Opportunities: We’re assessing refinancing options—starting with Mill Road Townhomes and Boulevard—to lower costs and create new capital for continued expansion.
In Summary
Our focus remains clear: increase the earning power of fund assets, maintain full occupancy, and position the fund for long-term growth. We appreciate your continued trust and look forward to updating you again soon.
View the Full Portfolio to review photos or additional property and financial information.
