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State of the Funds

-Vision

Started Doorway for couple reasons

Take advantage of the Housing shortage - so amazing opportunity to buy and hold - get into that little bit
Dad afraid of running out of money
Team has developed Investing Strategy higher returns and lower risk than a landlord - perfect foundation for retirement

Why not put these together and create a win/win for everyone.

I’m going to show you how you can earn 14.9% returns in a way that is lower risk and less work than what traditional landlords take even though you get all the same investing benefits.

Owning your house free and clear is one of the most important investment goals to achieve for a strong financial foundation for retirement.

It naturally would seem to follow that investing in single family homes as rental properties would the second most important thing for retirement.

The problem is that single family real estate is a lot of work

Find house

Negotiate deal etc.

And you have to do it over and over again to get into any sort of significant volume which very few can do.

The vision of what we are building is to offer the ability to invest in single family homes without doing any of the work.

I want to bring a higher return, and lower risk investment opportunity for people’s retirement on a national level.

So people all over the nation can live a retirement with more passive income than their monthly expenses and not have to worry if there’s another war happening or recession while their are retired.

Diversifying and investing into real estate and building passive income can do just that.

The opportunity is great in single family housing right now - we are in housing crisis afterall and investors like us that see this writing on the wall are trying to buy and hold onto everything we possible can right now.

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Totals

130 Partners Combined in both
$34,852,140 Capital Raised
General Partners Commitment to making this work

$1.4M cash invested into both funds
$800K discount on existing cash flowing properties we owned prior to starting Doorway

-Vision

Started Doorway for couple reasons

Take advantage of the Housing shortage - so amazing opportunity to buy and hold - get into that little bit
Dad afraid of running out of money
Team has developed Investing Strategy higher returns and lower risk than a landlord - perfect foundation for retirement

Why not put these together and create a win/win for everyone.

I’m going to show you how you can earn 14.9% returns in a way that is lower risk and less work than what traditional landlords take even though you get all the same investing benefits.

Owning your house free and clear is one of the most important investment goals to achieve for a strong financial foundation for retirement.

It naturally would seem to follow that investing in single family homes as rental properties would the second most important thing for retirement.

The problem is that single family real estate is a lot of work

Find house

Negotiate deal etc.

And you have to do it over and over again to get into any sort of significant volume which very few can do.

The vision of what we are building is to offer the ability to invest in single family homes without doing any of the work.

I want to bring a higher return, and lower risk investment opportunity for people’s retirement on a national level.

So people all over the nation can live a retirement with more passive income than their monthly expenses and not have to worry if there’s another war happening or recession while their are retired.

Diversifying and investing into real estate and building passive income can do just that.

The opportunity is great in single family housing right now - we are in housing crisis afterall and investors like us that see this writing on the wall are trying to buy and hold onto everything we possible can right now.

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Launched this year as a simplification of our private lending debt strategy that’s been around since 2006.

Partners: 68

2023 Totals

$30,477,694
Loans Written: 214
1 Foreclosure (.47%)

Since 2020:

Loans Written 700
16 Foreclosures (2.28%)

100% success rate at delivering promised returns on these loans since 2006!

-Vision

Started Doorway for couple reasons

Take advantage of the Housing shortage - so amazing opportunity to buy and hold - get into that little bit
Dad afraid of running out of money
Team has developed Investing Strategy higher returns and lower risk than a landlord - perfect foundation for retirement

Why not put these together and create a win/win for everyone.

I’m going to show you how you can earn 14.9% returns in a way that is lower risk and less work than what traditional landlords take even though you get all the same investing benefits.

Owning your house free and clear is one of the most important investment goals to achieve for a strong financial foundation for retirement.

It naturally would seem to follow that investing in single family homes as rental properties would the second most important thing for retirement.

The problem is that single family real estate is a lot of work

Find house

Negotiate deal etc.

And you have to do it over and over again to get into any sort of significant volume which very few can do.

The vision of what we are building is to offer the ability to invest in single family homes without doing any of the work.

I want to bring a higher return, and lower risk investment opportunity for people’s retirement on a national level.

So people all over the nation can live a retirement with more passive income than their monthly expenses and not have to worry if there’s another war happening or recession while their are retired.

Diversifying and investing into real estate and building passive income can do just that.

The opportunity is great in single family housing right now - we are in housing crisis afterall and investors like us that see this writing on the wall are trying to buy and hold onto everything we possible can right now.

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Why Bring on Equity Partners?

After doing 3,500+ Deals Without Equity Partners Since 2006…Why Bring on Equity Partners?

Grab higher percentage of market
Keep up with market demand
Open us up to do more good for our community

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Population

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Why are We Here?

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Why Now?

Housing shortage

27.2M total houses needed to be built by 2038 to normalize the market

Builder Friend with 40 years new construction experience

Has 500 local employees in his company

Has Demand for 1,000

Hasn’t been able to find anyone to hire to keep up with demand

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The Niche

Demand

Over 340 Placements in the past 2 years alone
Over 70 leads on average / property we market
We often will place a property before we even market it

Making a Difference in People’s Lives

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Why is our strategy powerful?

In most rental portfolio’s tenant turnover is a large expense to owners of assets.

With our model, we typically make money on turnover.

Why?

Down Payment (not once but twice now)
Security Deposit Strategy

2023 Reinvestment Highlights after tenant turnover:

$149,000 of down payment after the turnover on ONE property
$231,000 increase in property values
$3,100/mo increase in cash flow per month

Majority of the time our return on investment improves with tenant turnover.

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Executive Summary

The Numbers

Type	Pro Forma	So Far
INTERNAL RATE OF RETURN:	13-14.9%	On Track
Cash on Cash Return	6.9%	6.85%
FUND Size	$37,500,000	$31,830,788
ACQUISITION PERIOD:	1 Year	Complete!
FUND LENGTH	End of 2028	On Track
Appreciation	4%	8.14%*
Total Partners	NA	62

*34 properties of entire portfolio have been reevaluated we do not have figures for entire portfolio.

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Portfolio Stats - 3.6.24

Houses: 115

Total Property Value: $31,830,788*

Loans Payable: $15,796,070

Net Asset Value: $16,034,718*

Net Income: $717,663.62 (2023)

Principal Paid: $198,129

Capital Invested $11,730,925

Net Equity: $4,303,793 to $6,002,110**

*Includes appreciation from 34 properties we’ve done internal reevaluation on. If all 115 houses appreciated at the same rate the 31 houses did, the total property value is actually $33,529,105 and Net Asset Value of $17,733,035

**Includes appreciation from 34 properties we’ve done internal reevaluation on.

If all 115 houses appreciated at the same rate the net equity is the $6,002,110

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Our Powerful Position

Strategic with our buys

Average price point of 275K
Minimal exposure to Outskirts Development Risk

Equity Position

Cash out Refinance

Ran a few scenarios where 50-100% return on capital by end of 2027

Why the big range?

109 Properties in Fund

4% or less interest interest rates on 33% of properties

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Looking Forward

Benefits of Growth

Maximize our Profits

Operational Efficiencies
More Leverage in Banking Negotiations better rates the bigger we are

Growth Challenges

Banking relationships

Shoutout to Barry and Lee for referrals to bankers
Offer Received for $13M at 6.65% interest rate
Have inquiries out to several other banks waiting to hear back

Organizational Relationship Needed

Family Office
RIA’s that invest in alternatives

Schwab Approval

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Looking Forward

Own $8,300,500 in real estate deals not in the fund

Will move as much over as capital partners come in until we open up next fund

Will be opening 2nd fund up as soon as paperwork is finalized and accounts setup (earliest 3.31 more likely 2Q)
We are targeting 150 buys this year

$41,250,000

Continue to make a difference for our community

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The material contained in this presentation is for informational purposes only and is not an official offering to sell securities. Any offering of securities will be made via separate offering documentation provided directly to the prospective investor. The information in this presentation should be read in connection with, and is qualified in its entirety by, the terms, disclosures, and other risk factors set forth in the separate offering documentation. Potential investors are encouraged to ask questions and request additional information

from representatives of Three Doors.

The general, pro forma and financial information appearing in this presentation includes forecasts, projections and other predictive or forward-looking statements that represent assumptions and expectations in light of currently available information. These forecasts, etc., are based on industry trends, circumstances involving clients and other factors, and they involve risks, variables and uncertainties. The actual performance results may differ from those projected in this pro forma. Consequently, no guarantee is presented or implied as to the accuracy of specific forecasts, projections or predictive statements contained herein.