Frequently Asked Questions

  All investments involve some level of risk, including investments made with us. 

We believe that investing in real estate has less risk than most other investment types. This is due to the overall stability of the asset class and the historical average of appreciation over time. 

To minimize risk, we ensure both the market, and the property meet our strict minimum performance metrics. 

Typically, we hire a third-party property management company to handle the day-to-day operations of the property. The GP team typically speaks weekly with our property management companies to discuss operation of the property and our key performance indicators (KPIs). 

This allows the GP team to manage multiple properties and flex to assist if issues arise at one specific property.

GPs commonly referred to as the deal sponsors and/or operators. They manage all day-to-day tasks of the company and receive compensation for their time spent after acquisition and risk taken during the acquisition process. 

LPs are the limited in risk and responsibility. The LP is only placing their initial investment at risk and is not responsible for any of the decision making.

We use LP funds for a variety of things for each property. You can expect a clear outline in our operating agreement and further detailed in our quarterly briefs. 

Typical LP capital uses are things like down payment, lender mandated reserves, or capital expenditures (typically for after acquisition major upgrades).

This may differ from deal to deal but typically it is either monthly or quarterly depending on the deal itself. 

Prior to requesting funding for a deal, we will explain which method we are planning to use for that deal.

Anyone who one of the following is true...

- Has earned an income which exceeded $200,000 individually (or $300,000 with spouse) in each of the prior two years, and must reasonably expect the same for the current calendar year, OR 

- Has a current net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the individual’s primary residence), OR 

- Has proper credentialing by obtaining a Series 7, Series 65, or Series 82 licenses. 

No, if we file our offering under rule 506b, which allows us up to thirty-five non-accredited investors to participate in the deal. 

Yes, if we file our offering under rule 506c, which allows only accredited investors to participate. 

As a member of the LLC for the specific deal you will receive an annual K1.

The K1 is a tax form used by LLCs to provide its partners with the detailed information on their share of the LLCs taxable income.