Hi Jose, Thank you for your message. I had the support check your account and they said they have not recived the funds from you yet. So your account is still pending. Once funds have cleared you will get an email to finish the investment process. Thank you. Matt

Hi Blake, I appreciate the questions. It might be easier to cover some of these on the phone as they are detailed and I can tell you have a pretty deep understanding of everything. However, I will give some info here, and then if you would like to chat please let me know when you can talk on the phone. 1. NAV - It will be calculated quarterly in arrears based on the monies we have in the fund and the value of the assets in the portfolio. 2. The fund is purely an equity investment instrument and we will be either the GP in the deals or the LP, depending on the size and structure. 3. We are still in the 'holding' phase of the fund. We have a minimum trigger of $750,000 which we aim to hit in a couple of months. That was put into place to essentially protect the investors and the integrity of the fund. If we had a lower minimum we wouldn't have been able to invest in the assets that are in our business plan. Hence, wouldn't have made sense. 4. Fundrise. I don't know if we can say we are 'better' than their offerings as there are so many uniques to compare against. It would be really hard to do a like for like comparison. However, I will say some of the strengths of our fund that you might not find elsewhere include: a. We are 100% Multi-family value add focused. We have a deep and far network of partners to be able to access quality deals. You won't see us doing single-family home developments in our fund. We feel very strongly about this asset class and know it very well. While we obviously had no idea COVID would start in 2020 we did see the economy looking like it would weaken from 2020 onwards. That was our personal view and one of the reasons we decided to start the fund to take advantage of discounted assets. We are already starting to see this happen and believe it will continue for a couple of years. b. We have a liquidity mechanism that is 20% of the fund. Meaning, we keep 20% of it parked aside for tools such as the money markets. c. All revenues flow back to the fund. The managers (us) are paid a percentage of what the NAV is. So the intention is that we only get paid if the fund performs. d. We are targetting an 8% return to investors and should we deliver on our plan then the units purchased in the fund will increase. 5. As mentioned above, we are still holding all investments in escrow until we hit our minimum so no assets have been acquired as yet. However, we are constantly looking at deals and as soon as we hit the minimum we will be investing. In fact, CalTier already invests in assets outside of the Reg A fund. Those assets are performing very well even with COVID. Collections and occupancy are still good and our property management teams are working hard to increase these. I really hope that helps Blake? As I said, we might want to jump on a call to dicusss some of these in more detail and I am very happy to do so. Hope you join us on this exciting journey! Thanks Matt

Hej, tack för din kommentar och fråga. Idén med fonden är att investera i en portfölj av kassaflödande flerfamiljstillgångar. När dessa tillgångar producerar inkomster som flyter tillbaka till fonden och sedan delar vi ut dig, investerarna. Som med alla investeringar finns det en risk och jag uppmuntrar dig att läsa erbjudandeöversikten här: https://www.sec.gov/Archives/edgar/data/1771232/000114420419047556/tv530766_partiiandiii.htm Du kan också läsa mer om finansiera och hur det fungerar på FAQs sida här https://caltierrealtyfund.com/faq/ Om du vill prata i telefon, vänligen meddela mig så kan vi ställa in det. Vi hoppas att du kommer att gå med oss ​​på denna resa. Tack. Matt Belcher Managing Partner CalTier Realty