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May 16, SEC Crowdfunding Law, what does it mean for RE investing?
So I came across this article today. Starting May 16th, unaccredited investors can now take part in equity crowdfunding.
Here's the full article from Entrepreneur.com: https://www.entrepreneur.com/article/275215
Of course, I could see potential downside for uneducated investors but I can also see the tremendous upside for new businesses looking for funding in order to get started. This particularly excites me about funding a real estate investing business.
Here it is on the SEC.gov website: https://www.sec.gov/oiea/investor-alerts-bulletins...
What are your thoughts on this? What strategies come to mind to make this work for real estate investing?