EFDID: 493796EFD: Raw Data

Issuer: GMI-Property Improvement Plan, LP (0001990725) - D/A

Accession: 0001990725-23-000005 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Dec. 7, 2023
EFD Posted: Dec. 7, 2023
- < edgarSubmission >
  < schemaVersion > X0708 </ schemaVersion >
  < submissionType > D/A </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001990725 </ cik >
  < entityName > GMI-Property Improvement Plan, LP </ entityName >
- < issuerAddress >
  < street1 > 1301 SOLANA BLVD., BUILDING 2 </ street1 >
  < street2 > STE. 2450 </ street2 >
  < city > WESTLAKE </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 76262 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 972-759-8725 </ issuerPhoneNumber >
  < jurisdictionOfInc > TEXAS </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Limited Partnership </ entityType >
- < yearOfInc >
  < withinFiveYears > true </ withinFiveYears >
  < value > 2023 </ value >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > William </ firstName >
  < lastName > Glass </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 1301 SOLANA BLVD., BUILDING 2 </ street1 >
  < street2 > STE. 2450 </ street2 >
  < city > Westlake </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 76262 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Scott </ firstName >
  < lastName > Palmer </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 1301 SOLANA BLVD., BUILDING 2 </ street1 >
  < street2 > STE. 2450 </ street2 >
  < city > Westlake </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 76262 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Other Real Estate </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > Decline to Disclose </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06c </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > true </ isAmendment >
  < previousAccessionNumber > 0001990725-23-000004 </ previousAccessionNumber >
  </ newOrAmendment >
- < dateOfFirstSale >
  < yetToOccur > true </ yetToOccur >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Charles Huffington </ recipientName >
  < recipientCRDNumber > 844086 </ recipientCRDNumber >
  < associatedBDName > Boustead Securities </ associatedBDName >
  < associatedBDCRDNumber > 141391 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 6 Venture Suite 395 </ street1 >
  < city > Irvine </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92618 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > MICHAEL SIEVERT </ recipientName >
  < recipientCRDNumber > 2127441 </ recipientCRDNumber >
  < associatedBDName > ARKADIOS CAPITAL </ associatedBDName >
  < associatedBDCRDNumber > 282710 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 10739 DEERWOOD PARK BLVD 105 </ street1 >
  < city > JACKSONVILLE </ city >
  < stateOrCountry > FL </ stateOrCountry >
  < stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >
  < zipCode > 32256 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > FL </ state >
  < description > FLORIDA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > COREY SMITH </ recipientName >
  < recipientCRDNumber > 4979676 </ recipientCRDNumber >
  < associatedBDName > GREAT POINT CAPITAL </ associatedBDName >
  < associatedBDCRDNumber > 114203 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 325 Cloverleaf Drive </ street1 >
  < city > Golden Valley </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < stateOrCountryDescription > MINNESOTA </ stateOrCountryDescription >
  < zipCode > 55422 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > FL </ state >
  < description > FLORIDA </ description >
  < state > MN </ state >
  < description > MINNESOTA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > CHRISTOPHER DUKES </ recipientName >
  < recipientCRDNumber > 4712873 </ recipientCRDNumber >
  < associatedBDName > WESTPARK CAPITAL </ associatedBDName >
  < associatedBDCRDNumber > 39914 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 650 S Westlake Blvd Ste 205 </ street1 >
  < city > Thousand Oaks </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 71362 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > JASON GRIGGS </ recipientName >
  < recipientCRDNumber > 4795395 </ recipientCRDNumber >
  < associatedBDName > ARKADIOS CAPITAL </ associatedBDName >
  < associatedBDCRDNumber > 282710 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 10739 DEERWOOD PARK BLVD 105 </ street1 >
  < city > JACKSONVILLE </ city >
  < stateOrCountry > FL </ stateOrCountry >
  < stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >
  < zipCode > 32256 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > FL </ state >
  < description > FLORIDA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 3765021 </ totalOfferingAmount >
  < totalAmountSold > 2250000 </ totalAmountSold >
  < totalRemaining > 1515021 </ totalRemaining >
  < clarificationOfResponse />
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 23 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 225901 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > In addition, the issuer may pay, for appropriately registered broker dealers, certain marketing and other expenses </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 132800 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ grossProceedsUsed >
  < clarificationOfResponse > Amount shown is payable to an affiliate, to be shared equally by such persons. In addition, the issuer will pay offering and other cost reimbursements and bridge loan repayments to or for such persons or an affiliate. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > GMI-Property Improvement Plan, LP </ issuerName >
  < signatureName > William P. Glass </ signatureName >
  < nameOfSigner > William P. Glass </ nameOfSigner >
  < signatureTitle > manager of the general partner </ signatureTitle >
  < signatureDate > 2023-12-07 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Dec. 7, 2023
EFD Posted: Dec. 7, 2023