Our Crowdfunding Network Is Growing Part 8
Friday, February 07
We got 6 new investors to our Fundrise network this week with zero effort. Our total committed funds is now $6.24M, which is probably highly inaccurate (low?) because people seldom select the proper amount that they'd really invest. I'm not sure how useful this feature will be going forward....
Our Crowdfunding Network Is Growing Part 7
Wednesday, February 05
Today was quite the busy day speaking with folks about PR and securities law. I am amazed at how little I know about securities law after years of studying things. It is quite the complicated subject. I was supposed to speak with Katlin at Fundrise today, but I guess wires got crossed ab...
Our Crowdfunding Network Is Growing Part 6
Friday, January 31
Yesterday we passed 70 investors in our Fundrise network with $6.19M committed as a possible investment from our subscriber base. That's not too shabby for 3 weeks of effort. Things have slowed down some lately, but we still get a few investors trickle in here and there. My sense is that we...
Our Crowdfunding Network Is Growing Part 5
Tuesday, January 28
We've finished reviewing all of iFunding's agreements and we're in the back and forth period of getting aligned. I have a property at 1122 Linden in Austin under contract that we're going to target as our first raise on iFunding if we can get aligned on the terms. We have several other inves...
Preferred Returns – What’s The Point?
Tuesday, January 28
Often people that are new to investing think that real estate transactions have to necessarily be overly-complex and abstruse. After all, most private equity deals are laden with large operating agreements, private placements, subscription agreements and rather complicated legal documentation....
Our Crowdfunding Network Is Growing Part 4
Saturday, January 25
Several of the meetings with securities attorneys have been set up over the next few weeks. I'm still examining what all can be done with a Regulation D offering under the new rules and what can be done with a new "Regulation A+" offering. I will post more about that in the future weeks as I...