Once you have reviewed all the specifics of the deal, attended the webinar and received answers to your questions, it’s decision time. Are you going to move forward?
Only you can decide if a particular project aligns with your individual investing goals, but in the event that it does and you’d like to subscribe to the deal, the next step is the paperwork.
First, you will need to sign up for the investor portal to review the documents and sign the Private Placement Memorandum (PPM). Once you have committed to a deal, the sponsorship team will send out an email with instructions on how to create a portal account so you can access the PPM.
Many syndicators use a secure online dashboard that keeps track of your investments and documents. It’s an easy way to communicate with the general partners, be kept up to date on the status of the property and manage your transactions and distributions as well.
The portal also houses many of your important documents, such as the OM, PPM, bank wiring instructions, K1 or other tax documents.
You can also set up whether you would like to receive your distributions via direct deposit or a check mailed to you. In the case of direct deposit, you can use the portal to directly link your bank account so your distributions get automatically deposited.
Transparency is important with any investment and this dashboard is a great way to see your money in action from the start to end of the investment.