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Step 1: Inquiry and Introduction
An Investor contacts our office indicating there interest. We schedule an Introductory meeting or phone conversation to assess the investors specific interest in out investments. This is were we will check qualifications as an Accredited Investor.
Step 2: Send out Investor packet
A packet is sent out with all our terms and conditions of the fund. Included you will see a confidentiality agreement, questionnaire, and non-disclosure agreement for the real estate investment fund. Once all this info is signed and received by our office we will send out a Limited Offering Memorandum(LOM).
Step 3: Read the Limited Offering Memorandum
The solicitation for our real estate fund is sponsored only by North Shore Property Group, LLC. And is only done through our Limited Offering Memorandum(LOM) before committing to any real estate investing through our company.
Step 4: Sign the offering and send funds
An Investor who desires to participate in our fund signs the subscription agreement and calls the North Shore Property Group, LLC for specific instructions to insure the proper receipt and placement of there investment.
Step 5: Acceptance
An Investors capital must be accepted in writing by the North Shore Property Group, LLC. Circumstances may arise that limit our ability to accept funds, as in the case of an over-subscribed investment. The North Shore Property Group LLC reserves the right to accept/decline any investors investment capital for any reason.If for any reason an investor sends us funds and is not successfully placed within 3 business days the money wii be returned.
Step 6: Receive LLC Membership Certificate
Upon entering our fund each accepted investor will receive an llc membership certificate. And a user name and pass word to enter into our site to see our property portfolio. Our online property portfolio is updated as the project progresses. The website is periodically updated with status and news about our properties. Investors will also have the opportunity to attend a quarterly investment meeting or log into our blog for specific questions.
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