Frequently Asked Questions (FAQ)

What is the cost to join one of your Series Investment Clubs (SIC)?

There is no cost, it’s 100% FREE to join! There are only 2 requirements to join and continue to be a member of a SIC:

  1. Support the vision of building a future where self-sufficiency and economic empowerment are accessible to everyone,
  2. Deposit at least $120/year or $10/month into your contribution account.

The PIC charges a 1% administrative fee on your profits for managing all administrative functions of the SIC as its Secretary.

How can you really double money every 1-2 years?

We can double money every 1-2 years because we flip houses professionally. Most professional flippers in the Midwest look to double their money on every deal. If the cost for purchasing the distressed property and rehabbing it is about $40,000 in Detroit, the professional flipper is targeting to sell the property for about $80,000, thus creating a profit of $40,000, which is double the original investment of $40,000.

As a professional real estate investment management company that flips houses in Detroit, we use a propriety “closed sales system” to identify appropriate properties, then we manage and shift risks while using leverage to generate at least a projected 25% cash on cash return for the flip company’s equity investor. We use a very conservative risk management system for creating our Investment Opportunities, which is why the floor for our profit is only 25% per deal.

Our motto is “We don’t hit home runs. We hit singles and doubles…and we never, ever strike out!”.

Who can join an investment club?

  • Any individual who has a social security number and is at least 18 years old can join.
  • Any legal US entity with a tax identification number can join.
  • An individual or legal US entity who (as evidenced by their behavior, actions, and words) supports the vision of building a future where self-sufficiency and economic empowerment are accessible to everyone.

Do I have to be a US citizen to join?

If you are joining as an individual, you must have a social security number and be at least 18 years old. If you don’t meet those requirements, then you may want to join or create a legal US entity that has a Tax Identification Number: TIN (such as an Employer Identification Number issued by the IRS).

How does a legal US entity join or create an investment club?

An individual who is authorized to represent the legal US entity completes the online application and submits the following paperwork:

  • Articles of Incorporation/Organization
  • Operating Agreement/Bylaws
  • SS4 form from IRS or letter from the IRS with the tax ID on it

What’s the process to join or create an investment club?

  • You will receive a message asking you to complete your profile and to provide three (3) personal references.
  • The Parent Investment Club (PIC) reviews each application and makes the final decision on whether an application is approved or disapproved to join.
  • If approved, the applicant is notified and given instructions on how to complete the KYC (Know Your Customer) intake form, submit required documents, and complete the first three (3) educational modules.
  • Once you complete (and pass) the last educational module, you will be eligible to invest in Investment Opportunities presented by the PIC. You will receive information on how to submit your initial contribution to your investment club. You are also given the opportunity to:
  1. Join an existing investment club based on a referral to join that club.
  2. Create their own investment club if you have a legal US entity or at least four other family members, friends, or close business associates, or
  3. We will assign you to an investment club based on their preferences (location, gender, religion, social, etc.).

Do I have to reinvest my capital gains distribution into a Qualified Opportunity Fund (QOF)?

No. You can do whatever you want with your capital gains distributions.

What can I do with the capital gains I receive from each deal?

You have four (4) choices:

  1. Withdraw the funds from your Distribution Account with the SIC and roll them over to a QOF within 180 days of the effective date of the capital gain, thereby deferring the payment of any capital gains tax until 2026 and receiving other favorable tax benefits according to how long you hold your investment position in the QOF.
  2. Withdraw the funds from your Distribution Account with the SIC and be prepared to pay the capital gains tax, if applicable (check with your tax accountant about your specific tax situation).
  3. Move the funds to your Contributions Account with your SIC and use the funds to participate in the Investment Opportunities presented by the PIC. Your capital gains will still be subject to capital gains tax as in option #2 above.
  4. Leave the funds in your Distribution Account with the SIC and don’t use them to participate in the investment opportunities presented by the PIC. Your capital gains will still be subject to capital gains tax as in option #2 above.