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Everyday Capital LLC

Everyday Capital LLC

Making Money While Making a Difference through Real Estate Investing

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Deal Type

Equity

Funding Goal

$5,000,000

Current Reservations

$375,000

Minimum Reservation

$25,000

Maximum Reservation

$5,000,000

Deal Stage

Seed

Pre-money Valuation

$1,250,000

Open Date

08/01/2018

Closing Date

09/30/2018

Elevator Pitch

Experienced team of developers with a consistent source of off-market real estate opportunities and a successful track record of earning investors double-digit returns while improving communities.

KPIs

7 Employees
12.89% ROI
$68,000,000 Transaction Volume

Company Overview

We believe in real estate investments that have a positive social impact on communities. During the past seven years, we have consistently produced double digit returns for our investors while improving the quality of live for people.

Our focus is to solve the need in the market for equity funding on real estate projects between $2 million and $10 million dollars for smaller experienced developers. We also offset a steady cash flow by the origination of loans to experienced real estate investors using a common sense approach to commercial lending for both rehab and buy and hold mortgage notes.

Currently funding for smaller developers (Sponsors) is inefficient. Banks take too long to underwrite loans and rarely approve in this market space causing sponsors to miss out on deeply discounted opportunities. When Sponsors have equity and lenders as consistent backers, they can stay focused on acquiring and managing more projects. In turn this solves the need for the average equity investor to be able to benefit from higher than average returns.

As President of the LIREIA (Long Island Real Estate Investor Association, the largest real estate investor association chapter in NY), our relationships allow for continuous deal flow of off-market real estate investment opportunities in multiple cities.

This allows Everyday Capital, LLC to be scaleable because of its outreach to multiple experienced Sponsors. Our job is to identify qualified projects, provide oversight, accountability and transparency for our investors.

We employ a dual strategy platform of both owning real estate to hedge against inflation and the origination of loans for real estate for consistent cash flow. This approach allows for a more balanced portfolio especially in market corrections.

Our experience and skillset through the last real estate downturn of 2007 gives us the ability to navigate our company and investors safely through our next real estate market correction.

Traction

  • Funded an emergency shelter, that as of 7/26/18 has helped 35 families and 51 individuals, obtain jobs and housing. ROI 12.75%!

    December, 2017
  • Funded a church renovation project to assist in affordable housing for a first time home buyer. ROI 17%.

    June, 2017
  • Sold 498 Miller Place Rd, Miller Place, NY after purchasing it on 3/17/2011 for a profit of $29,323 plus $10,750 in rental income ROI 10.66%

    April, 2012
  • Sold 44 Mallard Ave in Selden, NY After Purchasing it on 6/3/2011 for a profit of $25,521 ROI 11.78%

    October, 2011
  • Sold 65 Bedford Ave in Mastic, NY After purchasing it on 9/27/2011 for a profit of $13,109 ROI 10.03%

    December, 2012
  • Sold 218 Fir Grove Rd Ronkonkoma, NY after purchasing it on 9/6/2012 for a profit of $17,061 ROI 10.21%

    April, 2013
  • Sold 217 Oak St Amityville, NY after purchasing it on 10/10/2012 for a profit of $19,070 and rental income of $5,000 ROI 13.48%

    April, 2013
  • Sold 37 Rudder St Holtsville, NY after purchasing it on1/29/2013 for a profit of $32,138 ROI 18.56%

    September, 2013
  • Sold 333 Ellery St Brentwood, NY after purchasing it on 2/25/2013 for a profit of $18,591 ROI 13.90%

    September, 2013
  • Sold 15 Tarkhill Trail Ridge, NY after purchasing it on 2/27/2013 for a profit of $18,764 ROI 17.81%

    September, 2013
  • Sold 2 Albermarene Ct Huntington Station, NY after purchasing it on 3/21/2013 for a profit of $15,684 ROI 14.33%

    September, 2013
  • Sold 57 West End Ave Shirley, NY after purchasing it on 5/23/2013 for a profit of $11,601 ROI 15.35%

    March, 2014
  • Sold 5 Van Nostrand Ave Merrick, NY after purchasing it on 6/13/2013 for a profit of $27,435 ROI 13.77%

    February, 2014
  • Sold 382 A Puritan Dr Shirley, NY after purchasing it on 6/28/2013 for a profit of $15,669 ROI 12.42%

    March, 2014
  • Sold 5 Mack Ave Hicksville, NY after purchasing it on 10/17/2013 for $31,394 ROI 14.30%

    October, 2014
  • Sold 95 Matsunaye Dr Medford, NY after purchasing it on 7/19/2013 for a profit of $11,814 ROI 15.21%

    December, 2013
  • Sold 5 Cedar Ln Middle Island, NY after purchasing it on 10/23/2013 for a profit of $31,676 ROI 20.86%

    April, 2014
  • Sold 77 Abbott Dr Halesite, NY after purchasing it on 11/12/2013 for a profit of $46,853 ROI 7.47%

    March, 2016
  • Sold 46 Probst Dr Shirley, NY after purchasing it on 2/21/2014 for a profit of $17,071 ROI of 16.58%

    September, 2014
  • Sold 11 Seymour Dr Shirley, NY after purchasing it on 4/4/2014 for a profit of $34,691 ROI 9.09%

    March, 2016
  • Sold 54 Dalton Ave Long Beach, NY after purchasing it on 4/30/2015 for a profit of $28,418 ROI 15.18%

    December, 2015
  • Sold 811 Fire Island Ave West Islip, NY after purchasing it on 8/26/2015 for a profit of $38,027 ROI 15.86%

    July, 2016
  • Sold 163 Dakota Ave Bayshore, NY after purchasing it on 11/12/2015 for a profit of $46,652 ROI 10.72%

    December, 2016
  • Sold 31034 Temple Stand Ave Zephyrhills, FL after purchasing it on 4/4/2016 for a profit of $25,377 ROI 58.36%

    July, 2016
  • Sold 9 Tall Tree Ln Smithtown, NY after purchasing it on 3/17/2017 for a profit of $14,840 ROI 8.60%

    October, 2017
  • Sold 52 Wintergreen Dr Coram, NY after purchasing it on 4/13/2017 for a profit of $22,729 ROI 17.17%

    October, 2017
  • Sold 14 Ridge Rd Shirley, NY after purchasing it on 6/1/2017 for a profit of $6,835 ROI 19.92%

    August, 2017
  • Sold 83 Lenore Ln Farmingville, NY after purchasing it on 7/6/2017 for a profit of $42,110 ROI 57.74%

    October, 2017

Pitch Deck

Press Mentions

Key Customers & Partners

Everyday Realty Services Everyday Funding LIREIA

Testimonials

Evelyn  F Mulholland
Evelyn F Mulholland
President / Diamond Shamrock Inc
"I was referred to Melissa Shea of Clear the Way in 2015. I was looking for a way to increase my return on my cash while limiting the risk. Melissa invested $400,000.00 in a land development deal in Brooklyn NY. This investment consistently paid 10% interest monthly. "
 Yessim LLC
Yessim LLC
President/ Yessim LLC
"In October 2016 Melissa introduced me to a deal in Roosevelt NY where I funded the purchase and rehabilitation of a single-family house. The investment was $225,000.00 and it yielded 10.58% return. Melissa has involved me in some additional deals ($60,000.00 investment) then that have yielded from 8% to 17% ROI. Having Melissa as my advisor has made me thousands of dollars in income, she strives to create situations where all parties win. "
Mike Lillo
Mike Lillo
Member / General Alliance Holdings
"My membership in LIREIA has been a tremendous experience since joining the group. Having the opportunity to network with a group of awesome individuals at the general meetings, the monthly workshops and through the Mentoring Masterminds program, I have learned so much and it has strengthened my resolve to really want to succeed in real estate investing. Thanks to Melissa Shea for her support and guidance, I have taken the necessary action steps to achieve great success in such a short period of time"
Dennis Rosenfeld
Dennis Rosenfeld
Member / Mentoring Master Minds
"I have been attending the LIREIA general meetings, participated in their workshops and recently signed up for their mentorship program. I am honored to be a part of this group. If you want to be part of a great group of trustful people who are active investors where you can learn in a safe environment, then the LIREIA is for you. If you want to learn how you can help people LIREIA is for you. If you want to learn how to help yourself so you can help people LIREA is for you "
Collin Stephens
Collin Stephens
Member / LAD Ventures, LLC
"The LIREIA is unique in their approach to cash flow and passive income strategies. They promote the concept of growing your education, networking and investment opportunities. I have spent 10’s of thousands of dollars on my real estate education with national pundits and yet fail to have the level of sensitivity and support provided by this LIREIA. Melissa Shea has grown the local LIREIA by providing cutting edge economic and financial industry trends. She trains her people to find emerging markets"
Bruce Dixon
Bruce Dixon
"They have a strong commitment to producing returns for investors"
Marshall Morris
Marshall Morris
"Melissa Shea and her team really know their stuff! These guys are the best in the business"

Previous Funding

  • $800,000 Debt
  • Raise Source: Investors
  • December 2017
  • $1,500,000 Debt
  • Raise Source: Investors
  • June 2017
  • $4,500,000 Equity
  • Raise Source: Investors
  • November 2016
  • $2,200,000 Equity
  • Raise Source: Investors
  • May 2018

Frequently Asked Questions

Why invest with Everyday Capital,LLC?

Managers of Everyday Capital, LLC have an excellent track record with numerous 5-star testimonials (see www.lireia.com). We leverage our national network of relationships with experienced Sponsors to obtain double-digit returns. The management team of Everyday Capital, LLC survived the crash of 2007 and have a strong understanding of the market, giving us the confidence to make our investors money in any market condition.

What is your competitive advantage compared to similar companies?

We have over 15 years experience of being a sponsor and developer giving us a complete understanding of both the construction and financial needs of the sponsors. We also have the ability to execute should something go wrong. However, our biggest competitive advantage is our wide reach of national relationships with Sponsors and Developers because of LIREIA (the largest real estate investing association in NY) that allows for the consistent deal flow of off market real estate projects.

How is the equity split?

Our Class A investors will receive a 5% preferred rate of return thereafter a 70% equity split with Class A investor. Management will receive 30% performance split after the preferred return as been meet.

Are there management fees?

Yes only 1%.

How do you plan to use the money?

1. Purchasing distressed real estate properties and creating equity either by capital improvements or efficient property management, thus creating cash flow and increased equity holdings. 2. Originating mortgage notes for experienced investors that are immediately sold to banks or institutional investors. 3. Legal and filing costs for a regulation A+ filing to allow non accredited investors to participate in our company’s future capital raises.

What fees or costs are deducted from gross income?

The cost for raising capital, management fee of 1%, preferred rate of 5% to investors, minor administrative costs, accounting and reporting costs and traveling expenses to view properties....and of course any taxes for the company. All investors will be responsible for their own taxes from disbursements.

Can I use my IRA to invest

Yes, you can invest as a loan from your IRA if your IRA plan allows it or through a self-directed IRA. For more information contact our office for details.

When are disbursements made?

Quarterly except for the first year which will be annually.

Do you plan to raise more capital?

Yes once the identified projects are completely funded we will continue to raise for new pending projects. It’s best to scale at a more manageable pace of deployment of capital so that we choose the most opportunistic projects and not feel pressured to put investors into any real estate project just so that funds are deployed.

Risks & Disclosures

As with all investments there is risk associated with purchasing equity. Anyone investing should be an accredited investor and therefore be able to sustain any loss of principle. Past earnings are not indicative of future earnings. For complete details of risks associated with this type of investment please see the complete private placement memorandum.

Documents

Confidential

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