AltMountain

RealSource Properties, Inc.

Salt Lake City, UT · CIK 1972693
506(c)
Status: no Form D since May 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

RealSource Properties, Inc. is a real estate fund based in Salt Lake City, Utah. According to its most recent Form D, filed May 22, 2024, it has sold $2,255,047 of interests to 20 investors since its first sale in Sep 2022. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Nathan Hanks; Mark Amacher; Mark Hanks.

Total raised
$2,255,047Cumulative sales reported on Form D
Investors
20
First sale
Sep 2, 2022
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Nathan Hanks; Mark Amacher; Mark Hanks
Latest Form D
May 22, 2024

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about RealSource Properties, Inc.

What is the minimum investment for RealSource Properties, Inc.?

According to its latest Form D, filed May 22, 2024, the minimum investment RealSource Properties, Inc. accepts from an outside investor is $50,000.

Who can invest in RealSource Properties, Inc.?

RealSource Properties, Inc. is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has RealSource Properties, Inc. raised?

RealSource Properties, Inc. reports $2,255,047 sold from 20 investors on its Form D filed May 22, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is RealSource Properties, Inc. based?

RealSource Properties, Inc. is based in Salt Lake City, Utah.

When did RealSource Properties, Inc. launch?

RealSource Properties, Inc. reports its first sale in Sep 2022.

Size compared with every real estate fund

Raised more than 57% of the 226 real estate funds based in Utah, and more than 48% of all 7,311 that report sales.

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