What is The People's First Company?
The People’s First Company is a hospitality real estate focused asset management company that acquires vacation homes, short term rentals, golf courses, marinas, campgrounds, hotels, resorts, etc.
Real Estate Management Company
Empowering Everyday
People
The People’s First Company is a movement (some may say a “mission”) led by experienced entrepreneurs, venture builders, and real estate experts who have been investing and building businesses for over 20+ years. We are building an American-based portfolio of cash flow-generating, debt-free, real estate assets. We firmly believe in the power of collective action and the ability to achieve more together.
Who Can Join Us?
Everyone!
We are utilizing the regulation crowdfunding securities exemptions that allows everyone to be able to participate no matter their accreditation status. This means that people can own an equity stake in this company for an investment as low as $200.
Our Mission
Our Mission is to change the status quo and offer everyone the opportunity to own equity in this asset class no matter how much money they have to invest or their accreditation status.No longer shall access to private alternatives only be available for the wealthy elite!
Our Goal
What job could be better than playing in the vacation industry and making money at the same time!
Real People Creating Real Impact
Culture Matters, People Matter, Impact Matters
Join us on this mission
We’re taking our collective experience and building a portfolio of debt-free, cash flow generating, real estate assets.
What is the difference between TPFC and a traditional REIT?
- Unlike a REIT which is required by law to distribute 90% of the profits to investors, our model is set up more as a holding company, think Berkshire Hathaway or Johnson & Johnson...
- We do not plan on paying out any dividends in the early years of the company as we want to compound our cash basis so that we can continue to purchase new assets after an exit or liquidation.
- Since we pay cash for all of our assets we will be utilizing the 1031 exemption to offset capital gains which means that all profits will be reinvested in future assets of like kind.
- Our model is set up as a straight up stock appreciation play for our investors with a great stock buy back program for those who wish to gain liquidity after any mandatory stock lockup period that is required for some crowdfunding exemptions.
- REIT's are typically not open ended and function more like a close ended fund that shuts down after 10 years. Our company is not a fund and is not constrained by any mandatory liquidation wind down.
- Stock ownership may qualify for certain tax advantages. You should always consult your tax attorney and accountant before investing in an asset class of any kind to know the pros and cons of any opportunity!
Want to Learn More?
Ready To Get Started?
If you’re looking for a way to make infinite impact alongside a like-minded team…
Reach Out!
Connect with us on
19 8th Street South PMB 432
Fargo, ND 58103
