Our Crowdfunding Network Is Growing Part 84
Wednesday, July 22
We're working through the details in hiring our first developer to assist with RealStarter's site implementation. There is simply too much work for our team to do it in a timely fashion right now. We have our candidate identified and should have him on board in the coming few weeks.The engageme...
Our Crowdfunding Network Is Growing Part 83
Monday, July 13
We're negotiating the terms for what may be our first third party raise. This is a local developer I know and trust. The deal would be for a 41-unit development. Phase I would be roughly a $1M raise and we'd probably take between $100k and $400k of this to offer it to investors. Our technolog...
Our Crowdfunding Network Is Growing Part 82
Saturday, July 11
Our pre-funding partnership is now complete. We just need to sign the documents and get money moving. We'll probably be starting out with a 41-unit equity raise for a local developer for our first third party deal. I'm working through all of the legal for that right now.Our executive summary f...
Our Crowdfunding Network Is Growing Part 81
Wednesday, July 01
We received the first draft for our partnership for our pre-funding company today and sent back proposed revisions. With any luck this will be set up next week. This is a big milestone for being able to grow the crowdfunding company.We are still marching along with site revisions, parallel site...
Our Crowdfunding Network Is Growing Part 80
Friday, June 26
Progress on our funding platform has stalled a bit of late. We have just been very busy getting development projects done and waiting on attorneys. Our white label company has also been pretty poor of late and we're really considering just redoing our whole site from scratch. My partner is wor...
Our Crowdfunding Network Is Growing Part 79
Saturday, June 20
We're sort through the last few details with our pre-funding partners so we can start sourcing third party debt. I hope to have the first draft of this agreement next week and finalize everything by July 3rd. Form ADV has been filed and we're working on our internal compliance memo for securiti...