WHAT IS AN ACCREDITED INVESTOR?
An accredited investor includes a Limited Partner (LP) who has earned income of $200,000 (or $300,000 with spouse) in each of the prior two years, and reasonably expect the same for the current year, or has a net worth over $1 million; excluding primary residence. An accredited investor also includes officers and directors of the issuer and various institutions that have more than $5 million in assets.
Non Accredited Investor is someone making less than $200,000 annually (or $300,000 with spouse) and a net worth of less than $1 million when their primary residence is excluded but has access to capital to invest.
Regulation Offering Status
What is Regulation CF?
Regulation CF, also known as “equity crowdfunding” is a type of offering similar to Regulation A+; allows raising funds from the public. Regulation CF allows the maximum of $1 million to be curated and companies wishing to invest must file with SEC (Security Exchange Commission) before participation.
What is Regulation A?
Regulation A is an exemption from registration for public offerings. Regulation A has two offering tiers: Tier 1, for offerings of up to $20 million in a 12-month period; and Tier 2, for offerings of up to $50 million in a 12-month period
What is Regulation D?
Regulation D provides two distinct exemptions from registration for companies when they offer and sell securities. Companies relying on the Rule 506 exemptions can raise an unlimited amount of money
Rule 506(b) allows up to 35 non-accredited investors. But each non-accredited investor must receive an extensive disclosure document with almost as much detail as is required for an initial public offering registered with the Securities and Exchange Commission.
Rule 506(c) allows companies to advertise their securities offering to the general public without having to register with the SEC, as long as the securities are only sold to accredited investors and the company verifies that the investors are accredited.
HOW does "FUND I" WORKS
New Beginning Capital Partners (NBCP)
The real estate investing structure for "Fund I"
Step 1: NBCP general partners will find the target, perform due diligence, negotiate the purchase price of the bookkeeping and accounting book of business with the seller, get the book of business under contract for acquisition, raise capital equity or debt financing to acquire the book of business (if needed) and close the deal.
Step 2: NBCP will issue a capital call to investors (limited partners) to raise funds needed to purchase the book of business, using equity raised and/or debt as a down payment with a combination debt financing with a creditable financial institution (if needed). We may also utilize sell financing on an acquisitions.
Step 3: NBCP will establish a management system to maintain a trustworthy environment during the transition of the book of business to New Beginning Financial Group, LLC
Step 4: NBCP may/may not pay out distributions annually dividends to our limited partners during the holding period; or until asset is sold, in addition to receiving your principle investment back when the investment is sold, you will earn back-end (equity split) distributions of profits at the exit of the property and any outstanding dividends.
WHY SHOULD I INVEST IN "FUND I"
New Beginning Capital Partners (NBCP) will invest in recession-resistant bookkeeping and accounting industry. Our "Fund I" primarily invest bookkeeping and accounting companies, which has a history of performing for over a decades and has a stable management team who understands the importance of customer service as well as client retention of its book of business
Preferred Rate of Return: 10% - 12%*
Internal Rate of Return (IRR) 15% - 18%*
Equity split: 80/20 (in the LP's favor)*
*All percentages are projections. Rates may vary from investment to investment. Equity splits may vary by investment property. Refer to the Private Placement Memorandum (PPM) offering.
Who can invest in our fund?
Non-Accredited Investors and Accredited Investors
what is the minimum investment?
what does "FUND I" invest in?
"Fund I" Investment Criteria
Bookkeeping and Accounting firms with a stable book of business.
Innovation - We are looking for bookkeeping and accounting firm owners who are looking to provide their book of business with new bookkeeping and accounting innovations without learning how to utilize new software and technology.
Stability - We are looking for bookkeeping and accounting firm owners who have maintained a strong relationship with its book of business and has account on the books for at least 5 years.
Retirement - We are looking for bookkeeping and accounting firm owners who are looking to retire within the next few years and want to make sure that their book of business will be with a trustworthy hands.
What is the holding period FOR "FUND I?
The typical holding period for our asset is 7-10 years.
What cities/states does your "Fund I" target for real estate investments?