FAQs

Who can invest with Steel City Spaces?

Steel City Spaces works with both accredited and qualified non-accredited investors.

What is the minimum investment?

The minimum investment can change from one deal to the next, but is typically $10,000.

Can I invest with my IRA?

Investing with an IRA is a popular way to invest with Steel City Spaces. We make investing with your IRA a seamless process. Contact us and we can give you a list of IRA custodians to get you started.

How does Steel City Spaces make money?

Steel City Spaces makes money from the real estate we own with our investors. This includes rental income & profits from the sale of properties.

What is an offering?

Offering is the term used to define the process in which a private or public company offers securities for sale. Steel City Spaces's offerings will be found on the Invest page, this is where you can view opportunities to invest with Steel City Spaces.

What is a security?

A security is what you own when you invest in the stock market. It is the share of ownership in a company.

Is crowdfunding regulated?

Two types of crowdfunding exist: donation based, and equity based. Equity based crowdfunding is regulated by the U.S. Securities and Exchange Commission. You can learn more here: https://www.sec.gov/news/pressrelease/2015-249.html

How do I pay taxes on profit from my investment?

Our investors receive a Form K-1. You simply forward this document to your accountant or tax professional, and it's as simple as that. The Form K-1 will report your taxable income from the investment.

How do I receive updates on my investments?

As our partner, you will receive regular communication from us.

How often will I receive income from my investment?

Steel City Spaces disburses earnings to our partners quarterly or in accordance to each offering.

When and how do I get my invested capital back?

Steel City Spaces defines a targeted hold period for each investment. This indicates the amount of time you should anticipate it will take to receive your principal investment back. The hold period is not guaranteed due to a number of different factors including an ever changing economy and unpredictable fashion in which opportunities may present themselves. It is Steel City Spaces's job to make decisions to optimize each investment. A popular way for investors to receive their principal investment back is through the sale of the properties or a refinance loan.

What are the risks?

Much like all investments, investing in real estate involves certain known and unknown risks, uncertainties, and other factors and there is no guarantee of performance. It is Steel City Spaces's requirement that each investor acknowledges and understands these risks and factors.

What return can I expect on my investment?

While each investment opportunity may be different, Steel City Spaces aims to deliver our partners double digit returns. That is, returns in excess of 10% per year. Each investment opportunity will include financial projections, prepared by Steel City Spaces, which are based upon our expertise and educated assumptions. While we like to provide conservative projections, it is required that each investor understands that past performance does not indicate or guarantee future results.