PIC Storage 2 I NVESTOR GU I DE
Congratulations on being a We pride ourselves on keeping our investors informed. The following information explains what to expect moving forward: 9 You can expect to receive the following correspondence from us via email: • Monthly: brief update on the previous month This will be sent on or before the 14th of the month • Quarterly: you will receive the rent roll and profit and loss statement from the trailing 12 months. The first financial statements will be available in the investor portal in January 2023. 9 If you’re a new investor, you will receive an invitation to our investor portal via the email address you provided to us. • The investor portal allows you to manage your investment efficiently and in real time. Not only will all of your documents be available to you via the portal, you will also be able to update and manage your ACH distribution details without having to reach out to us directly. 9 Tax documentation timing: • Your schedule K-1 for this investment will be available in the investor portal on or before March 31st.
an investor in PIC Storage 2! 9 You’ll be receiving a monthly distribution and can expect the first distribution to be received by the end of October 2022. • Since we closed on August 16th, your first distribution will be for August 16th to September 30th. • Your monthly distribution will be sent via ACH or check 9 After your first distribution, expect up to a 7% pro-rated return until the end of the first 12 months of ownership. • After owning the property for 12-months, we will evaluate our progress. At that point, if applicable, the cash flow above the 7% will be distributed to investors. • This process will repeat every 12-months thereafter (i.e. after 24-months of ownership, 36-months of ownership, 48-months of ownership, etc.) until we sell.
Questions? Reach out to our Team: 9 Chris Larsen: • Direct: (828) 768-8700 • Email: chris@nextlevelincome.com 9 Andrew Davis: • Direct: (407) 921-3575 • Email: andrew@passiveinvesting.com