• $25,000 per entity

  • Yes, the fund is open to non-accredited individuals. As a 506c offering the SEC restricts the number of non-accredited investors to 35 entities.

  • Yes, an investor is able to make investments using an SDIRA, an entity, or as an individual.

  • The fund is able to support splitting funding sources; however, each entity and its allocation must meet the minimum of $25,000 and have its own legal documentation for the investment.

  • Once the minimum amount of capital overall has been received, the fund’s acquisitions team will begin efforts in allocating investments into properties that meet the fund valuation policy. Upon acquisition of a property a more structured timeline begins. This timeline will vary property to property, but we base it on an average 5 year horizon. The general timeline is 1-2 years will be spent stabilizing and executing on capital improvements. Years 2-4 will be cashflow focused and maximizing revenue, minimizing expenses, and mitigating risks. The 5th year will be dedicated to the disposition of the asset and completion of the investment cycle.

    Once all dispositions have been completed the fund will close.

  • Investors will receive an 8% annualized preferred return paid or accrued as funds allow, then 80% of the total profits after the 8% preferred return is paid.

  • This will vary depending on the project and asset management plan for the property. Overall the majority of the benefits of this investment will actualize upon disposition of the asset. If the property is able to support distributions through its cash flow, they will be given out quarterly. Distributions are restricted to available cash flow and may be inconsistent, if at all, depending on the projects.

  • The investment strategy for the fund will be to find “Value Add” opportunities in the multifamily sector. The targeted property type is 100 units, 1980 or newer, class of A, B, or C properties in class A & B areas.

  • Our acquisitions team will be looking at growing or economically stable cities in the Southeast, Midwest, and Southwest markets.

  • A multifamily investment is broken down into 4 major parts:

    1 | Acquisitions

    This is a process of underwriting each prospect project to find those that fit our investment thesis. We have developed an acquisition workflow that accelerates in intensity to pinpoint only those projects that are best suited for our ideal outcome.

    2 | Due Diligence

    To be in the due diligence phase, the property made it all the way through the acquisitions underwriting and a purchase agreement has been executed. In this phase, the acquisition team now has access to more information and is performing an in-depth property audit. This is when capital allocation will occur and asset management plans will be developed.

    3 | Asset Management

    The property is now under management in this phase. Here is where the bulk of the investment lifespan occurs. During this time the property will be executing the operational plan developed in phase 2 and consistently making efforts to maximize revenue, minimize expenses and mitigate risks.

    4 | Dispositions

    Once the asset has met the requirements outlined in the initial execution plan, the property will begin preparing for disposition. We begin to monitor the financials with a focus on optimizing for sale. We will engage brokerage and begin discussing marketing, timing and strategy so we can optimize our upside.

  • Our team will be in contact with you through a variety of ways. Most consistently, we will send out monthly emails updating on fund activity. Once allocations have been made investors will also receive quarterly investment reports.

  • For anything related to the portal system itself reaching out to the 24/7 Opus support team will be the best course of action as they will be able to provide help with your portal account. The Money Is Mastermind Investor Relations Team is always happy to help with any guidance. You can contact the Fund Management Team at the details below:

    Opus Support: Directly in investor portal account

    First Coast Fund I Management:

    Fund Manager

    Sean Thomson

    sean.thomson@thomsonmultifamily.com

    469-746-4747

    Assistant Fund Manager

    Abigail Thomson

    abigail@firstcoastinvestmentfund.com

    469-746-4747

    To schedule a call with one of us please visit: https://calendly.com/seanthomson/first-coast-fund