Frequently Asked Questions
You can get started investing once you have registered for our investor portal and have had an introduction phone call with someone from our team. to register for our investor portal
from here, you will begin receiving monthly newsletters and deal announcements that will explain what you need to do in order to partner with us on each specific deal.
The sec defines an accredited investor as an individual with a net worth of at least $1 million or an annual income of $200,000, or $300,000 for married couples, for at least three years.
Each acquisition is unique, depending if there is existing financing in place, whether the current owner will be carrying back financing, etc. Depending on the scale and value of the asset, most deals will include between 3 and 20 investors. If you would like to solely invest in an asset and have funds to do full acquisition, and prefer to be the only investor in a deal, we would be glad to locate a property that fits your criteria. We do the underwriting/evaluation along with due diligence and assign the purchase contract to you for a fee and/or become a management partner and manage it for you.
Yes. Investors are allowed to visit the property before investing and during the life of the project.
As a partner in the LLC that purchases the properties, you will receive a K-1. A K-1 is a tax form used by partnerships to provide investors with detailed information on their share of a partnership’s taxable income. Partnerships are generally not subject to federal or state income tax, but instead issue a K-1 to each investor to report his or her share of the partnership’s income, gains, losses, deductions and credits. The K-1s are provided to investors on an annual basis so that each investor can include K-1 amounts on his or her tax return.
In the event of a refinance, investors would be compensated as they would for a capital transaction. in other words, at refinance, any proceeds received will go directly back to investors, paying down their initial principal. this decreases investors initial equity exposure, while maintaining their pro rata share of ownership within the deal.