How do I get started as an investor with Bell Capital?
The entire account creation and investment process is completed online. You’ll be prompted to provide or verify any required information as well as make the necessary acknowledgments electronically.
How do I contact Bell Capital?
If you have questions, please email [email protected] or call us at 808-778-1326.
Am I an accredited investor?
You qualify as an Accredited Investor if you meet any of the following criteria: a) You earn over $200,000 in annual income b) You, together with your spouse, earn over $300,000 in joint annual income c) You have a net worth, exceeding $1,000,000 (excluding the value of your primary residence), individually or together with your spouse. d) You hold good standing in a series 7, 63, or 82 license.
Can I invest through my IRA?
What type of tax documents will I receive?
That depends on which vehicle you decide to invest in. If you invest in our accredited fund, you will receive a form K-1. A form K-1 is a tax form used by partnerships to provide investors with detailed information on their share of the partnerships' taxable income. Our goal is to finalize all K-1s annually by March 31st. However, we do rely on outside reporting and may require additional time to furnish the forms in a way that is to the investors best advantage. Accordingly, you may be required to obtain one or more extensions for filing federal state or local tax returns but that is not our intention.
How long is the term of the vehicles?
What type of returns should I expect?
For stabilized income producing property investments, we target low to mid teens, equity returns on an annualized basis over the entire life of the investment. We may target equity returns that are higher or lower, depending on the type of investments and amount of leverage utilized. For example, if we invest in a property that requires significant repositioning through capital and marketing investments, we may forgo near term distributions to achieve a higher gain on the sale of the property in the long term. We target higher equity returns for these type of investments as they may involve more risk. Our targets are just targets. Investments involve risk and our actual returns may be higher or lower and may include a partial or a total loss of your investment.
How often will I receive distributions?
For our accredited fund we intend to pay distributions monthly but may change the frequency at our sole discretion during the term of the fund. The change in distribution frequency can depend on many factors, such as properties, cash flow level, or a need of capital expenditures. Sometimes the cash flow of property may not support a distribution. Additionally, our funds may make investment in a property with the plan of not paying any near term distributions while we undertake a capital and repositioning program.
What type of fees do you charge?
Our fee structure is typical for private real estate managers. We believe our fees are actually lower than most managers. We currently charge a 1% asset management fee, a 1% transaction fee based on the value of properties we acquire and dispose of, and a 20% management promote based on distributable cash flow. As our portfolio grows, we will need to add significant resources to keep pace and we may charge property management and financing fees to help cover the cost. Essentially, our ongoing management fees along with upfront transaction fees pays the monthly bills at Bell Capital and our management promote fee rewards us for the performance of the investment. Keep in mind that if the property cash flow goes up, so does the management promote. This aligns our economic interest.
Are there risks involved?
All investments involve risk, including those investments made in Bell Capital Fund 1 and other Bell Capital Equity funds. We do not guarantee that you will earn on targeted returns. There are many factors that can impact the performance of your investment, many of which are not under our control. Please keep in mind investing involves risk, and you may result in partial or total loss of your investment perspective. Investors should carefully choose investments, objectives, risks, charges, and expenses, and should consult with a tax or legal advisor before making any investment decisions.