FAQ

11

What are your concierge services like?

We have an in-house guest relations team who books homes for you. They can also make recommendations on local places of interest.

Every time we buy a home, we hire a local concierge/property manager. These people can help you arrange transportation to/from the airport, pre-stock your fridge with groceries, book restaurants, and arrange a private chef.

12

What is an investment/utilization period?

The investment period is from 2022-2027 and the utilization period is from 2027 – 2037.

13

When is the target initial closing date of the Equity Platinum Fund 2?

November 2022.

14

Why do I get prorated credits when I invest during the reservation year?

The credits are a benefit to you as an investor and you earn the benefits once you become an investor. Think of credits as dividends you can turn into vacations.
Credits are like interest you start earning the moment you invest. The credits are recorded as usage dividends and you are getting dividends for the period when you are an investor and not before that. Also has to do with the reservation year and how the credits renew every reservation year.

15

What is an investment unit?

Please watch this VIDEO to learn more about investment units.

16

What happens if you do not use all of your credits in the year? Can any be carried over?

You can do the following:

• Use a part of your credits to offset or eliminate the annual operating fee.
• You can transfer unused credits to ThirdHome and Elite Alliance to bank them and use them for future trips.

Please watch this VIDEO to learn more about credit carry-overs.

17

How many extra credits can you purchase each year?

Up to 40 credits at $85 each.

18

What is a Fund credit and what can I do with my credits?

Please watch this VIDEO to learn more about fund credits.

19

The Platinum Fund has the ability to make a capital call up to 15% of initial subscription amount. Has there any call made in the history of the fund and is there any residual risk that the Platinum Fund will make such a call?

No, we have never made a special call for either the EVF or the EPF, even during the pandemic. We don’t foresee such a risk for the Fund. We have insurance for natural disasters and we don’t see any reason we should have a special call. It’s something our lawyers had us put in the PPM for the unknown.

20

How are the house furnishings treated in the business? An asset?

The furnishings are assets that are depreciated over the lifespan of 7 years.

Inquire About Our Current Open Funds Find a Lifestyle That is Right for You

An accredited investor is someone who earned income that exceeded $200,000 (or $300,000 if married) in each of the prior two years, and reasonably expects the same for the current year; OR has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).

contact us

La Jolla, California, 51310 Padberg Valleys

Tel: 283-741-8326

Email: equityresidences@gmail.com