C.K Mack Frequently Asked Questions

Frequently Asked Questions

General
  • 1. Do I have ownership in the property?

    No. C.K. Mack, LLC retains ownership and responsibility for all assets offered for investment. Non-accreditors and accredited investors are investing solely in the rental cash flow in a product called “Net Rent Shares”. Non-accredited investors are investing in a peer-to-peer (??) transaction through C.K. Mack’s partners: These are the entities that invest in the net rental shares offered by C.K. Mack, LLC.

  • 2. How does C.K. Mack make money?

    For accredited investors, C.K. Mack collects a 5% management fee from rents received every month. There is also an acquisition fee for every new property acquired on behalf of investors in C.K. Mack. For non-accredited investors, C.K. Mack and its partners do not make any money All associated costs incurred for investment activities made by non-accredited investors are absorbed by C.K. Mack. C.K. Mack and its partners were created to help non-accredited investors benefit from the returns offered by C.K. Mack LLC.

  • 3. What happens if the tenants don't pay their rent?

    As a rule, tenants pay their rent on time every month. However, some tenants experiencing financial stress may be late making their rental payments. Every state has its own rules and legal process for notification and collection of past due rents that we strictly abide by. Should tenants not be able to pay their rent, we may choose to work with them to get caught up on their rent. We may also also ask them to leave and re-rent the property. If tenants refuse, we will follow the eviction process for the state in which the property is located. While the cash flow from your rental property may be impacted in the short term due to eviction proceedings, it will resume as soon as the property is re-rented to new tenants.

  • 4. How do you calculate ROI?

    For accredited investors, return on investment is calculated by subtracting all of the costs to maintain and operate the property from the monthly rent payments collected. This number is then annualized and divided by the total amount amount invested. Monthly rent payment - monthly expenses - management fee = net rental payment (Net rental payment * 12) / total amount invested = annualized return on investment. For non-accredited investors, return on investment is directly proportional to your share of the ownership in C.K. Mack’s partner companies to your share in the income from the underlying securities. Rents received for non-accredited investors are passed through a security called “Net Rental Shares”. Net Rental Shares are rental payments paid to C.K. Mack properties. Expenses for non-accredited investors in C.K. Mack partners are paid for by C.K. Mack LLC. Rental payments = net rental shares(Net rental shares * 12) / total amount invested = annualized return on investment

  • 5. What am I investing in?

    For accredited investors, C.K. Mack classifies their investments as “Net Rent Shares”. Your investment secures a share of the monthly rental proceeds from rented properties. For non-accredited investors, you are investing in a peer-to-peer transaction through C.K. Mack’s partner companies. These properties facilitate the purchase of “Net Rent Share” from C.K. Mack LLC. You receive rents based upon the individual performance of the properties you invest in.

  • 6. Why don't you put actual pictures of the property?

    In order to protect our tenants, we show pictures of similar properties. All of the data provided on the properties reflects the actual investments.

Investing
  • 7. What are the requirements to become an investor?

    C.K. Mack is currently beta testing our online investing platform but we are offering investments to accredited and institutional investors.Follow this link for the current definition of accredited investor:http://www.sec.gov/answers/accred.htm Non-accredited investors in C.K. Mack’s partner companies need to be residents of the State of the company they are investing in is registered.Verification of residency is required. Documentation can be in the form of a driver’s license, utility bill, state issued ID or property lease.

  • 8. Is there a limit to how much I can invest?

    An initial investment is limited to a $1,000 maximum investment until we can verify that you satisfy the criteria for accredited investors. This is done to ensure compliance with all SEC rules and regulations. Once we verify your accredited status, we do not limit your investment. However, the SEC does have personal limits as to how much you may invest. We recommend that you speak with your accountant to find out what your personal limit is. C.K. Mack’s partner companies limit non-accredited investors to $10,000 in investments. If you qualify as an accredited investor, there is no limit as to how much you can invest. You can find the qualifications for accredited investors at https://www.sec.gov/files/ib_accreditedinvestors.pdf

  • 9. How do I start investing?

    Sign up for an investment account at CKMack.com and select the state in which you reside during the sign-up process.

  • 10. What fees do investors pay to C.K. Mack?

    Accredited Investors do not pay any direct fees to C.K. Mack.We take a 5% fee from the monthly fee along with an acquisition fee for each property purchased on behalf of C.K. Mack investors. It is just the opposite for non-accredited investors.They do not pay any direct fees to C.K. Mack’s partner companies.However, C.K. Mack takes a 5% fee from gross monthly rents for each property placed on the C.K. Mack website.

  • 11. Is my investment liquid?

    Per SEC regulations, C.K. Mack requires that all accredited investors have their money invested for at least 12 months. For non-accredited investors, C.K. Mack’s partner companies require that all non

Account & Payments
  • 12. Does C.K. Mack or their partner companies guarantee my principal and/or cash flow payments?

    C.K. Mack does not guarantee principle or cash flow payments. While we take every precaution to ensure the stability of your investment, all investments are subject to risk and we recommend that you do not invest any more than you can afford to lose.

  • 13. How is C.K. Mack regulated?

    We operate under the JOBS Act provision allowing advertising to accredited investors. C.K. Mack is working to meet SEC filing requirements to open up investments to everyone. A significant requirement for an SEC filing is audited financial informational. C.K. Mack financial information will be audited regularly in order to comply with SEC filing rules.

  • 14. What is the minimum investment I need to open an account?

    The minimum needed for both accredited and non-accredited investors is $25.In order to make rental real estate for income available to everyone, we have a low minimum initial investment.

  • 15. How do I transfer money into my account?

    Funds are accepted the same way for accredited and non-accredited investors. Currently, we accept funds through:|::|A. Wire Transfer|::|B. Check|::|C. Direct Deposit to Stockman Bank|::|D. Wire transfer through ckmack.com|::| We are working on Bitcoin integration

  • 16. How do I get the accrued interest that builds in my online account?

    Every month that we have a net positive return, we deposit any gains into your online account. Once received, they are available for you to reinvest or request back to you via check or transfer.

  • 17. When do I start seeing returns from my investment?

    We do not guarantee returns. However, when we do have a net positive return, we deposit any gains into your C.K. Mack account. Rents are entered on the 3rd day of the following month after costs have been deducted to determine the net return.

  • 18. What if the property does not get fully funded?

    We have set up a unique investment system where we do not require the property to be fully funded. If the property has a net positive month, you will typically see your return on the 3rd day of the following month.

General
  • 1. Do I have ownership in the property?

    No. C.K. Mack, LLC retains ownership and responsibility for all assets offered for investment. Investors are investing in a peer to peer transaction through C.K. Mack’s partners; these are the entities that invest in the securities offered by C.K. Mack, LLC.

  • 2. How does C.K. Mack make money?

    C.K. Mack and its partners were created to help non-accredited investors benefit from the returns offered by C.K. Mack, LLC. C.K. Mack and its partners do not make any money. All associated costs to run the company are absorbed by C.K. Mack

  • 3. What happens if the tenants don't pay their rent?

    As a rule, tenants pay their rent on time every month. However, certain tenants undergoing financial stress may be late with their payments. Each state has their own legal process for notification and collection of past due rent which we strictly abide by. Should tenants not pay their rent, we may choose to work with them to get caught up on their rent or ask them to leave and re-rent the property. If tenants refuse to leave we will follow the eviction process for whichever state the property is located. While your cash flow may be impacted in the short term due to the eviction process, it will resume as soon as the property is re-rented.

  • 4. How do you calculate ROI?

    Return on investment is directly proportionate to your ownership of C.K. Mack’s partner companies to the income from the securities. For all intents and purposes, your return is calculated by subtracting all costs to maintain and operate the property from the monthly rent collected, annualized then divided by total amount offered up for investment.

  • 5. What am I investing in?

    You are investing in a peer to peer transaction through C.K. Mack’s partner companies. The companies facilitate the purchase of “Net Rent Shares” from C.K. Mack, LLC and you receive rent based on the individual performance of the properties you invest in.

  • 6. Why don't you put actual pictures of the property?

    In order to protect our tenants, we show pictures of similar properties. All of the data provided on the properties reflects the actual investments.

Investing
  • 7. What are the requirements to become an investor?

    Investors in C.K. Mack’s partner companies need to be residents of the state the company is registered. This can be evidenced by a driver’s license, utility bill, state issued ID or property lease.

  • 8. Is there a limit to how much I can invest?

    C.K. Mack’s partner companies limit non-accredited investors to $10,000 in investments. If you qualify as an accredited investor, you have no investment limits. You can find the accredited investor qualifications here: https://www.sec.gov/files/ib_accreditedinvestors.pdf

  • 9. How do I start investing?

    Sign up for an investment account at ckmack.com and select the state in which you reside during the sign up process.

  • 10. What fees do investors pay to C.K. Mack?

    Investors do not pay any direct fees to C.K. Mack’s partner companies. Our partner, C.K. Mack, takes a 5% fee from gross monthly rent for each property we place on our site for investment.

  • 11. Is my investment liquid?

    C.K. Mack’s partner companies require that all investors have their money invested for at least 12 months. After your initial 12 months, you are free to sell or trade your securities. We offer a buyback program where we will purchase your investment for what you paid for it.

Account & Payments
  • 12. What is an "at risk investment"?

    Investments offered by C.K. Mack’s partner companies are classified as "at risk investments", due to the fact that they are not FDIC insured, we do not guarantee any returns, nor are they guaranteed by any bank or other financial institution. As with similar investment products, should conditions change an investor may lose some or all of their investment. We are required by SEC Federal Regulations to notify you of this risk.

  • 13. Does C.K. Mack or their partner companies guarantee my principle and/or cash flow payments?

    C.K. Mack, along with its partner companies, do not guarantee principle or cash flow payments. While we take every precaution to insure the stability of your investment, all investments are subject to risk and we recommend that you do not invest any more than you can afford to lose.

  • 14. What is the minimum investment I need to open an account?

    $25

  • 15. How do I transfer money into my account?

    Currently, we accept funds through
    a. Wire Transfer
    b. Check
    c. Direct Deposit to Stockman Bank
    d. Bank transfer through ckmack.com
    We are working on a bitcoin integration.

  • 16. How do I get the accrued interest that builds in my online account?

    Every month that we have a net positive return, we deposit any gains into your online account. From there, they are available for you to re-invest or request back via check or wire transfer.

  • 17. When do I start seeing returns from my investment?

    We do not guarantee returns. However, when we do have a net positive return, we deposit any gains into your C.K. Mack account. Rent is input on the 3rd day of the following month after all costs have been deducted to determine the net return.

  • 18. What if the property does not get fully funded?

    We have set up a unique investment system where we do not require the property to be fully funded. If the property has a net positive month, you will typically see your return deposited into your C.K. Mack account on the 3rd day of the following month.

For any Additional Questions? contact us here.