Investing via Crowdfunding Sites to open the country club

Anyone use crowding sites to fund a deal?

https://youtu.be/Yxwqe1yaUPQ Here are the Show Notes.... But first please leave me a review: http://getpodcast.reviews/id/1118795347 Reality Shares came from the Jobs Act April 2013 Reality Shares began Accredited only 14-20% Class B MFH estimates Also have preferred equity options 10-14% IRRs 1st lien debt or 2nd lien 7-12% If you are not connected Crowdfunding options From a syndications view, they are charged an origination fee 1% asset management team (from cashflow) from reality shares 1% Funding Fee, 1% Asset management fee Some crowdfunding is taking equity upside Due diligence - credit checks, background checks, 3rd party check of purchase price verification, then look at the deal (market, pricing) Less than 5% of deals make it to the platform There is a max the crowdfunding site with one syndicator (2-3M) to diversity risk for the firm Reality Shares is a Broker-Dealer