• Real Estate

How is crowdfunding changing the real estate industry?

1 Answer, 2 Replies
Adam Gower
August 2,
Adam Gower  replied:

Crowdfunding has become a mainstream form of finance for real estate.

You can learn more about how in my new book, UNLEASHED, that you can access here, and in this article here that includes a link to a conversation I had with Tore Steen, founder and CEO of CrowdStreet.

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Eve Picker
August 2,
Eve Picker  replied:

Hi Adam - it's great to see you here! 

I wonder if this question was directed towards REAL crowdfunding, the type that levels the playing field and lets everyone invest?  CrowdStreet limits investments to the very wealthy.  There's a growing number of real estate crowdfunding platforms that let everyone invest using Reg CF  My platform, SmallChange.co, for a start.  That's all we are focused on.  Republic.co has launched a real estate section.  Who else is out there (and apologies to everyone else if I'm blanking!)

Eve

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Samson Williams
August 2,
Samson Williams  replied:

https://www.joinpistachio.com/ and BuyTheBlock.com are two other RegCF portals dedicated to real estate. 

 

I see the future of Real Estate CF as a partnership between developers and general contractors, as well as DIY landlords, specifically in the 10 units or less domain. Meaning, Developers will partner with Funding Portals to supplement their private money deals and then slowly transition to Crowd funded deals.

For General Contractors this is a Portal move. I see Funding Portals partnering with GCs, so that GCs can provide all the construction consulting services needed. Every Real Estate portal needs a "This Old House" / Tim The Tool Man Taylor general contractor to help them understand the real cost of building, remodeling and rehabing properties, as well as executing and managing the projects after they've been funded. For more on that GC / Portal partnership idea reach out to matthias@mattbeth.com 

Hope that helps! 

Good luck and may the odds and the algorithms forever be in your favor. 

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