What is the difference between an Accredited Investor and a Non-Accredited Investor?
Accredited Investors - The Securities and Exchange Commission (SEC) determines how an investor qualifies to be an accredited investor. At least one of the following must be met in order to be considered an accredited investor:
- Net Worth: Have individual net worth, or joint net worth with spouse, that exceeds $1 million (excluding the value of primary residence).
- Individual Income: Have individual income exceeding $200,000, in each of the past two years and expect to reach the same this year.
- Joint Income: Have combined income with spouse exceeding $300,000, in each of the past two years and expect to reach the same this year.
- Business: Invest on behalf of a business or investment company with more than $5 million in assets and/or all the equity owners are accredited.
Non-Accredited Investor - A non-accredited investor is anyone who does not meet the requirements of an accredited investor, as defined by the SEC. Another term used for a non-accredited investor is a retail investor. This includes any investor whose net worth is less than $1 million and has an income under $200,000 individually (or $300,000 with a spouse).
Do you have to be Accredited to invest in IMP's multifamily opportunities?
The short answer is, NO. There are plenty of options in real estate crowdfunding for non-accredited investors. However, the amount of money non-accredited individuals can invest is regulated, usually based on a percentage of your income or net worth. This is because these types of investors inherently come with greater risk. Those who qualify as accredited and sophisticated investors assume less risk than non-accredited, because they have more money and (hopefully) know how to protect themselves from bigger potential losses.
When can I expect distributions from my investment into IMP multifamily opportunities?
We look for properties that allow us to make monthly distributions. Investors will also have access to their investment(s) 24/7, 365 days and can contribute additional investments at any time for any new opportunities. Our accounting team distributes K1's at the beginning of every tax season.
What kind of returns can I expect on my investment into IMP's multifamily deal opportunities?
IMP targets multifamily deal opportunities that yield a minimum of 9-10% Annual Cash on Cash Returns. Internal Rate of Return (IRR) of 15-20%, with a minimum return multiple of 2X of the equity investment from property cash flows and dispositions. 8% Preferred Returns paid to investors monthly.
Does IMP offer 3rd-Party Management Services?
Yes, we are a hybrid management company, which means we provide both in-house and 3rd party management solutions. For 3rd party management, we service apartments 75-300 units within a 30-mile radius of Atlanta, GA. Contact us for details.
What are the rates of your services?
Contact us for details. This will depend on the size of the property and the type of asset. (value-add, core or core-plus, distressed or new development lease ups, etc.)
For example: A stabilized core asset will have a unique fee structure significantly different than a full lease up asset.
Does IMP provide management for properties outside of Georgia?
Right now, Intuitive Management Partners only manages properties located in the Greater Atlanta market. Contact us for details.
Who will manage the onsite day-to-day operations of the property?
Each property receives a dedicated onsite staff team for the day-to-day operations; including both the leasing team and maintenance team (the number of onsite team members depends on the size of the property). Our company hires and screens these professionals and takes on the responsibility for our onsite team members.
Why Intuitive Management Partners?
We have spent years growing our knowledge and credibility in the Multifamily Investment Management business and continue to develop our skills and expertise through industry leading organizations. By doing so, we will be able to identify the needs of the property and execute on the business plan. We have a business model that has an alignment of interest with our partners & communities and we value quality over quantity.