Frequently Asked Questions

Set up an account today and make an initial investment of $1,000 - $2,500. The sign up process will securely verify your identity with the help of DirectInvest Button by North Capital Inc.

$1000

Funding your investment is seamless. Using your online banking credentials, you’ll be able to link your bank account directly through Plaid, a verified third party payment partner. Alternatively, you can manually enter your routing and account numbers.

You are able to invest a total of $2,500 through one or multiple transactions. Investments can be viewed or managed from your personal investor profile at any point.

Any California resident who is at least 18 years old, with a valid U.S. bank account, and a U.S. tax identification number (Social Security Number or Employer Identification Number) is eligible to invest in Own Our Own.

Cash dividends will be paid quarterly, to begin after the initial “ramp up” period of 12 months. The ramp up period is the period of time in which the fund makes its investments and accumulates its real estate holdings. The real estate holdings then generate income, from which we pay you your quarterly cash dividend.

This offering is not registered by the SEC, this is an intrastate offering, exempt from SEC oversight as per Regulation 147A. This fund is governed by California State Securities Laws and Regulations.

Typically for this type of fund, investors must meet the following standard:

Each Investor must have either (a) a minimum gross income of not lessthan Sixty Five Thousand Dollars ($65,000) and a net worth (exclusive ofhome, furnishings and automobiles) of at least Two Hundred Fifty ThousandDollars ($250,000); or (b) a net worth of Five Hundred Thousand Dollars($500,000)

One of our objectives as a fund is to provide access to investment to as many people as possible.  Specifically people from communities who haven’t been provided a pathway to investment. So this requirement would have excluded a lot of the investors we want to reach and would have defeated one of the main purposes of our fund.

The trade-off we made with the State of California was placing a cap on investment at $2,500 in exchange for waiving the above requirements.  So now, anyone can invest up to $2,500 as long as their investment doesn’t exceed 10% of their net worth.

If you are an accredited investor, please email us directly as we have a fund that is going to invest in the exact same deals structured for institutions and accredited investors. 

If you’re unaccredited we’re launching another fund in the Summer of 2021.  You will be able to invest in that fund, and there will not be a $2,500 cap.

No, that is our primary focus and we will invest the majority (no less than 51%) of the funds assets into Black communities and Black owned businesses. But we will augment our core focus with opportunistic and general market deals to create a robust portfolio of diverse assets to facilitate our objective of making impact, but also returning our investor’s capital and also providing them with a return on their capital.

No, this is a blind pool fund. We raise money from investors and then begin to invest. Our ability to share insight into the acquisition of Broadway Boxing Gym is unique in that the timing aligned with launch. We will however share insight and info into deals as we close on them across the life of the fund.

It would not be legal or good practice for us to provide investors with an expected rate of return . It is our intention to provide both a return of capital, and a return on capital. But every investment entails the risk of loss, potentially complete loss of principal.

This investment is taxable income, you will be issued a K-1 if you invest when tax season is approaching. Please consult with your tax advisor or CPA.

There isn’t a fixed dividend. Distributions are paid on a pro rata basis as the fund’s investments generate cash flow.

Please email us anytime at help@ownourown.com, and a member of our team will get back to you within 24 hours.

Own Our Own is an inner city investment fund. Our first fund is California-focused, and only open to California residents.

No. Own Our Own is currently open to any California resident who is at least 18 years old, with a valid U.S. bank account, and a U.S. tax identification number (Social Security Number or Employer Identification Number).

Own Our Own is special because of how we invest, where we invest, and the unique investment community we are proud to represent. 

• Our diversified fund is expertly run and accessible to everyone, making high profile investment inclusive, not exclusive.

• We see opportunities in communities that traditional investors ignore and are committed to restorative investment. Our fund prioritizes returns for investors while positively impacting our communities - fully harnessing the power of collective investment.

• Our approach is built for people who are typically overlooked by other funds. With Own Our Own, your act of ownership is also an act of economic empowerment

Yes. Investor information will never leave our verified financial technology partner, North Capital’s secure platform for any reason other than for tax reporting purposes. We will never sell your personal information or data to 3rd party advertisers.

As an investor, you will receive an annual tax form for your Own Our Own investment. You are required to include any reported income in your tax return.

Starting 2022, You can expect to receive a Schedule K-1 mid-March for the prior year. The Schedule K-1 reports your share of Own Our Own’s income, gains, losses, deductions and credits.

We are required by law to collect this information. Without it, you cannot invest.

The life of the fund is 10 years. Investing in Own Our Own should be viewed as a long term investment, as the nature of real estate investment takes time to create value.

Transactions via ACH or credit card, are processed at 4PM MST on business days (Mon. - Fri.). It will take up to 3-5 business days for the funds to settle.

We are trying to help solve a problem that we see, understand and are close enough to impact.

Historically Black communities have received less investment than other communities, and the same dynamic applies to Black owned businesses and Black entrepreneurs.  The need for institutions to fill in this gap in investment is large, growing and unmet. 

Investors will receive quarterly reports within sixty (60) days of the end of the quarter containing information about the fund’s investments. Investors will also receive annual reports, which will include financial statements audited by an independent accounting firm.

The fund can invest up to 20% in venture and small business, so if we max out our allowable allocation to will be 20% in venture and 80% real estate.

Yes, absolutely! All investors, even those who have invested in our California fund will be able to invest in our national fund. The fund will be open to accredited and non-accredited investors, and there won’t be a $2,500 cap.