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Legal Disclosures & Important Information

Please read these disclosures carefully before using this platform or making any investment decision.

Last updated: June 2026

1. About 98 Doors

98 Doors is an investment platform and investor relations vehicle operated in connection with Property Gurus and affiliated entities. 98 Doors facilitates passive real estate investment opportunities including limited partnership interests, syndications, and related real estate securities for accredited investors. 98 Doors does not provide investment advice, legal advice, or tax advice. All content on this website is for informational and educational purposes only.

2. Accredited Investor Requirement

All investment opportunities presented through 98 Doors are available exclusively to accredited investors as defined under Rule 501 of Regulation D of the Securities Act of 1933, as amended. An individual qualifies as an accredited investor if they have:

  • A net worth exceeding $1,000,000, individually or jointly with a spouse, excluding the value of their primary residence; OR
  • Annual income exceeding $200,000 in each of the two most recent calendar years, with a reasonable expectation of the same income level in the current year; OR
  • Annual joint income with a spouse exceeding $300,000 in each of the two most recent calendar years.

Entities may also qualify as accredited investors under certain conditions. If you are unsure whether you qualify, please consult your CPA, attorney, or financial advisor before accessing any investment materials.

3. No Offer or Solicitation

Nothing on this website constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or investment product. Any offering of securities will be made only through a Private Placement Memorandum (PPM) and related subscription documents, which contain material information including risk factors, fees, conflicts of interest, and tax considerations that are not reproduced on this website. Prospective investors should carefully review all offering documents before making any investment decision.

4. Investment Risks

Investing in real estate involves substantial risk. There are material risks associated with passive real estate investments including but not limited to:

  • Illiquidity: Real estate investments are illiquid and investors may not be able to sell or otherwise exit their investment for an extended period of time, or at all.
  • Loss of Principal: Investors may lose some or all of their invested capital.
  • Market Risk: Real estate values fluctuate and are affected by general economic conditions, local market conditions, interest rates, and other factors beyond the control of the operator.
  • Tenant and Occupancy Risk: Rental income depends on occupancy and the ability of tenants to pay rent, which may be adversely affected by economic downturns, competition, or other factors.
  • Financing Risk: Changes in interest rates, credit availability, and refinancing conditions may adversely affect the performance and value of real estate investments.
  • Regulatory and Tax Risk: Tax laws affecting real estate investments may change. The tax treatment of any investment depends on individual circumstances and may change in the future.
  • Development and Construction Risk: For development or value-add projects, construction costs, delays, and entitlement risk may significantly affect projected returns.
  • Management Risk: Investment performance depends on the skill and experience of the operating team, and there is no guarantee of successful execution.

Past performance of any investment or operator is not indicative of future results. Projected returns presented on this website or in any materials are not guaranteed and are subject to significant uncertainty.

5. Forward-Looking Statements

This website may contain forward-looking statements, including projections of future cash flow, returns, equity appreciation, and other financial metrics. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially from any projections or forward-looking statements. 98 Doors undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement was made.

6. No Tax or Legal Advice

98 Doors does not provide tax advice, legal advice, or accounting advice. The information on this website regarding tax treatment, including 1031 exchanges, depreciation, stepped-up basis, and other tax matters, is for general informational purposes only and may not apply to your individual situation. Tax laws are complex and change frequently. You should consult a qualified CPA, tax attorney, and financial advisor before making any investment decision, particularly one involving a 1031 exchange or other tax-sensitive transaction.

7. 1031 Exchange Specific Disclosures

1031 exchanges involve strict timing requirements and qualification rules under Internal Revenue Code Section 1031 and applicable Treasury Regulations. Failure to satisfy these requirements will result in the recognition of capital gains taxes. 98 Doors does not act as a Qualified Intermediary (QI) and does not provide 1031 exchange escrow or intermediary services. Any discussion of 1031 exchanges on this platform is for educational purposes only. Investors should retain their own qualified intermediary and consult their tax advisor regarding the requirements and risks associated with a 1031 exchange before proceeding.

8. Performance Data

Any historical performance data, including cash-on-cash returns, IRR, equity multiples, and occupancy rates presented on this website, reflects the specific results of individual past investments and is not representative of all investments made through 98 Doors or Property Gurus. Past performance is not indicative of future results. Individual investor outcomes may vary materially. There is no guarantee that any investment will achieve its targeted return or avoid losses.

9. Third-Party Content

This website may reference or discuss third-party real estate investors, educators, authors, and influencers for informational and educational purposes. These references do not constitute an endorsement by such individuals of 98 Doors, its investments, or its investment strategies, nor do they constitute an endorsement by 98 Doors of such individuals' investment strategies, platforms, or products. Investors should conduct their own due diligence on any investment strategy before implementing it.

10. Geographic Limitations

This website is intended for residents of the United States only. Investment opportunities may not be available in all states. International investors may face additional restrictions and tax consequences. Investors located outside the United States should consult with their own legal and tax advisors regarding the applicability of U.S. securities laws and tax obligations to any investment.

11. Privacy

Any personal information submitted through this website, including through the Request Investment Access form or email capture forms, is used solely to respond to inquiries and communicate with prospective and current investors. 98 Doors does not sell personal information to third parties. For questions about data privacy, contact us at contact@98doors.com.

12. Contact

For questions about these disclosures or any investment-related inquiries, contact 98 Doors at contact@98doors.com. Nothing in these disclosures creates an attorney-client relationship or any other professional advisory relationship.