How do I start Investing with Benders Capital?
You can simply fill out the contact form and we will connect with you right after that to discuss all the details.
What is a K-1?
As a partner in the LLC that purchases the properties, you will receive a K-1.
Schedule K-1 is an Internal Revenue Service (IRS) tax formissued annually for an investment in a partnership. The purpose of the Schedule K-1 is to report each partner's share of the partnership's earnings, losses, deductions, and credits - Investopedia
Who is an accredited investor?
An accredited investor, in the context of a natural person, includes anyone who:
earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year, OR
has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence), OR
holds in good standing a Series 7, 65 or 82 license.
Financial professional licenses. The General Securities Representative license (Series 7), the Private Securities Offering Representative license (Series 82) and the Licensed Investment Adviser Representative (Series 65) are professional certifications and designations for financial professionals. In order to obtain and qualify for these licenses, an individual must pass the related exam. Whether one is considered in good standing is specific to the designation, and persons seeking accredited investor status as a Series 7, 65 or 82 license holder should consult FINRA rules and any state rules applicable to them.
There are other categories of accredited investors, including the following, which may be relevant to you:
any trust, with total assets in excess of $5 million, not formed specifically to purchase the subject securities, whose purchase is directed by a sophisticated person, OR
certain entity with total investments in excess of $5 million, not formed to specifically purchase the subject securities, OR
any entity in which all of the equity owners are accredited investors.
In this context, a sophisticated person means the person must have, or the company or private fund offering the securities reasonably believes that this person has, sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of the prospective investment.
How do I calculate my net worth?
Generally, to qualify as an accredited investor under the net worth test, you must have a net worth that exceeds $1 million, either alone or with a spouse or spousal equivalent, at the time of the sale of the securities. If calculating joint net worth with a spouse or spousal equivalent, it is not necessary that property be held jointly and the securities being purchased do not have to be acquired jointly. Calculating net worth involves adding up all your assets and subtracting all your liabilities. The resulting sum is your net worth.
How do I know about the property to invest in ahead of time?
Everytime there is a potential deal that is qualified to be a good investment, we review and evaluate it with our team as well as lenders and propertiy managers.
After that, we inform our interested partners/investors about these deals and the projections associated with each investment.
Investors can ask any question they want during a zoom meeting.
What are the risks involved?
Many types of risks are involved with real estate investment. The list of potential risks are available for you up on request.