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Updated 28 days ago on . Most recent reply
Anyone invested in PIC5 Car Wash fund?
Hey,
Has anyone here invested in passiveinvesting.com's PIC5 car wash fund? I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K. Reach out.
Thanks,
Haresh
Most Popular Reply
Quote from @Haresh Patel:
Hey,
Has anyone here invested in passiveinvesting.com's PIC5 car wash fund? I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K. Reach out.
Thanks,
Haresh
I couldn’t find the numbers you mentioned about them online. Do you have a source we can see?