To keep it fair and equitable amongst members, Paper Umbrella offers only one Membership plan, called a Recreational Membership. It also offers a separate equity share to allow members to take an equity stake in the portfolio and receive the benefits of the appreciating properties.
After selling 10 Founders Shares we have just released our Early Investor Opportunity consisting of 9 shares at $138,500.
A share entitles you to ownership and paying the annual dues entitles you to usage and a recreational membership. The recreational membership annual dues are $5,500 per year for a shareholder and $18,000 for a recreational membership without a share.
First year member dues ~$5,500 per single membership.
Like the Founder Share owners, the Early Investor Release shareholders will have opportunity to realize the full upside as the Paper Umbrella real estate portfolio appreciates in value, and will have a unique opportunity to influence properties chosen.
There are nine shares available in the Early Investor Release. Being among the first to join Paper Umbrella gives you equal benefits as later shareholders but with a few advantages:
Paid yearly, dues cover the costs of operating and maintaining the portfolio of properties including security, utilities, property management, taxes, insurance, finance charges, reserve accounts for repairs and refurbishment, and Paper Umbrella management fees.