OUR ENTITIES

Private Money Authority Inc.
Subsidaries:
Private Money Holdings LLC
The Private Money Real Estate Opportunity Fund LLC
The Private Money Hemp Opportunity Fund LLC
The Private Money Energy Opportunity Fund LLC
The Private Money Precious Metals Opportunity Fund LLC
My Private Money Lender


Additional entities are in formation. We are also placing our assets in our holdings company.

PMA OFFICE

Private Money Authority Inc.
2000 South Colorado Boulevard
Tower 1 Suite 2000 #35
Denver, Colorado
80222
(888)659-0995






MEMBERSHIPS AND COACHING AVAILABLE HERE

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VISION 2030

On or before January 1, 2030 Private Money Authority Inc. will have successfully achieved the following:


1.Acquire 10,000 doors internally.
2.Our members will acquire 25,000 doors.
3.Acquire 5,000 keys internally. (Hotel).
4.Ground Up/ New Build 10 100+ story luxury high rises.
5.Become the largest financier in the hemp and cannabis industry.
6.Build Out the most respected private money education and coaching platform in the industry.
7. Launch our energy funding platform.
8. Launch our community development platform.
9. Launch our health and technology platform.
10. Launch our media platform.


BUILD A LAS VEGAS MEGA RESORT AND CASINO PROPERTY TO CELEBRATE COMPLETION OF VISION 2030!

THE FUND

THE FUND
WE ARE ACCEPTING MEMBERS AND SCHEDULING INVESTOR MEETINGS

DISCLAIMER: THIS APPLIES TO ANY OF OUR PRODUCTS.

DISCLAIMER: Note that this is a non-legal service purchased from Private Money Authority inc. . Thus, this product is not subject to Attorney-Client privilege or confidentiality. However, as an internal policy, we do not share work we do for you with others. Each marketing piece we draft is unique and customized to each of our clients and their specific businesses. That being said, there may be commonalities between your plan and one we have created for others. This is unavoidable simply because there is only so much that can be said about certain types of offerings, and there is specific information that investors need that is common to all such marketing materials.


We have contacts with attorneys who can provide legal services, review of documents, filings, exemptions and more. We can make the arrangements as part of a package or ala carte. We can also just make a referral.

Sunday, October 20, 2019

STORY OF THE FUND: BUILDING THE MEMBERSHIP

Nate Marshall
CEO and Founder

Part 2

We opened the membership enrollment on the first of June. I did not expect it to go fast and it did not, however we projected 6 months and completed it in under 5. I bought the first 5 positions myself so I would have the proverbial skin in the game.

For every member we have there probably was at least 1 person who did not join us for a variety of reasons. The common reason being their own funds. I found that people who were new to real estate investing and weren't already one of my students or a contact were less likely to join. The ones who joined eagerly were experienced investors who were into multi family, residential assisted living or genres of real estate requiring more experience and funding.

We reached membership position 17 in under 2 weeks. It would be mid July to hit the 25 mark, with us finally reaching 50 on August 31. The final 50 would come fast. Additionally some members bought multiple positions as they saw the benefit of the increased funding earmark.

We made a decision around the 50 mark to change the term line of credit to earmark. This was on the advice of a banking regulator I spoke to in late August. We also raised the earmark from a million dollars to two and a half million dollars. I do not expect many members to use their full earmark at one time unless they are acquiring multi family or residential assisted living.

On September 1st we came up with the name. The Private Money Real Estate Opportunity Fund LLC. PMA is the management company. The fund is a separate LLC. There has to be separation. The members are the fund. We just manage it.

Several of our board members started recruiting members and this had positive and negative effects. They were able to reach a larger numbers of people but often I would still have to get involved to answer specific questions. At this point very few had seen the Private Placement Memorandum and fewer were involved in the process that would allow them to know every detail to the level I did.

I don't think I would do anything different. I also am satisfied that I made the right decision not to go over 100 positions nor do a fund open to just any investor or applicant for a loan. When you have a number of people involved and you don't have the systems in place a lot of miscommunication can occur.

We also will only have 60 members who hold the 100 positions which makes it easier to service their businesses and earmarks. I spent time in the fire service which included being the Chief of Department with 2 communities. The maximum span of control one can manage effectively  is 5-7 people. The same holds true in a military or really any supervisory position. By having fewer members we can take care of them to a higher standard.

In the end, we were successful. We are now able to focus on putting in the systems as well as raising the capital. Our raise will be $350,000,000.00 and yes we will raise it! I expect it to take no longer than 90-100 days.

Stay tuned to part 3.....

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