Cityfunds by Nada
Cityfunds are the first ever index-like fund for a single city’s residential real estate market. By investing in fractions of homeowner equity in top cities, Cityfunds has made it possible for everyone to own real estate in high-demand markets like Austin, Dallas, Miami, and Tampa.
Invest with Nada via Rocket Dollar
Nada Educational Webinar:
For those that may be ready to complete their investment through a tax-advantaged Self-Directed Rocket Dollar IRA account or Solo 401(k), follow the instructions below.
Creating Your Account:
If you already have a Rocket Dollar account, you can use your IRA or Solo 401(k) account to start investing on Nada's site. If not, establishing a new Rocket Dollar retirement account is easy. Simply sign up online in under 10 minutes and we'll get your account set up.
- Create and Fund your Rocket Dollar Account
- Sign up for Nada using the form here.
- Input your contact info, DOB, SS#, and address. Your personal address is usually used at signup, which then means it is the address of your IRA LLC or Solo 401(k) as well.
- Select "Investing as an entity."
- Entity name can be found by logging into your Rocket Dollar dashboard, settings, and documents section, then looking at your
- Entity EIN should be found with your EIN letter in your RD documents section.
- Select your entity type (IRA LLC, Solo 401(k), Direct Custody IRA)
- Entity Address is the address you used at Rocket Dollar signup, usually your home address.
- Enter your desired investment amount. If this changes, please inform the Nada team. The amount is non-binding, but DocuSign paperwork could have to be redone.
- You can choose to customize your investment allocation, or the investment will be split between the four active Cityfunds (Dallas, Austin, Miami, Tampa)
- You can choose to be 100% invested in one city fund or any combination you please. Check your % to make sure it adds up to 100%
- Complete the DocuSign paperwork. If you are using a Rocket Dollar custody IRA, keep in mind that you will have to contact support during your deal review process. As each new Cityfund launces, Rocket Dollar's custody partner must quickly review the subscription documentation.
- Take note of the wire information. Take note that a separate wire is needed for each Cityfund. You can also find the wire info below.
Support:
Nada: investing@nada.co
Rocket Dollar: info@rocketdollar.com
Nada FAQs
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Do I need to be an accredited investor?
No, Nada is available for both accredited and non accredited investors.
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What is the minimum investment?
In order to participate in investment deals, the minimum amount to get started is $100.
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What is the wire information?
Beneficiary Name: North Capital Private Securities
Account Number: 0220003339
Beneficiary Address: 623 E Fort Union Blvd, Suite 101, Salt Lake City UT 84047
Receiving Bank: TriState Capital Bank
Routing Number: 043019003
Bank Address: One Oxford Centre, Suite 2700301 Grant Street, Pittsburgh, PA, United States 15219 -
When is my investment amount and allocation binding?
Once a wire and the final docusign papers have been completed.
Benefits & Pricing
Transparent pricing on a subscription basis.
Silver
The essentials you need to start investing
$360 one-time setup fee
- Benefits
- No minimum opening deposit
- BYOD (Bring Your Own Deal)
- Online document storage
- Investment tracker dashboard
- Email support
- No-cost cash transfers from current custodian
- Fair Market Value reporting on Form 5498
- Available Accounts
- Direct Custody IRA
Gold
All the essentials plus premium service
$600 one-time setup fee
- Benefits
- All Silver features
- Priority support
- Expedited service and transfers
- Four free wire transfers per year
- Roth IRA conversion assistance
- Tax filing for Solo 401(k) Form 5500
- Available Accounts
- Direct Custody IRA
- Checkbook IRA
- Solo 401(k)