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All Forum Posts by: Daren Wang

Daren Wang has started 10 posts and replied 47 times.

Post: Use This New Peer To Peer Lending Platform To Get Project Funding

Daren WangPosted
  • Norwood, NJ
  • Posts 47
  • Votes 5

Whether you’re a developer looking to get funding for a project or an independent flipper seeking funding for a new property, Squarous is the platform for you. Squarous will connect you and your project to a large pool of qualified investors that are eager for new opportunities.

Squarous works by breaking up projects into many affordable shares that are well within the reach of the average person. For example, consider a project that requires funding of $100,000. Getting that money from a traditional bank/lender is going to be an arduous and expensive process with no guarantee of success. However, if that $100,000 was broken down into 10 shares of $10,000 each, now they can be sold to the average person looking for supplemental income. This removes the cost-barriers to investing and allows for a much, much larger investor pool. On Squarous projects get funded quickly and the investors earn a profit once the project is complete; it's a win, win.

It is also not hard to get started on Squarous. To list your project on Squarous all you have to do is create an account and go to the “Submit A Property” page under “My Account”. From there you can follow a simple, step by step, submission forum to send your project to us. We’ll review your project, verify it’s details and then it’ll appear on Squarous where we will get to work marketing it to investors. For there all you have to is just wait for your project to be funded.

So come visit us to and start getting funding for your project or property! Check us out at the links below:

Homepage:
https://www.Squarous.com


Read more about listing a project/property on Squarous:
https://squarous.com/index.php/2016-11-29-20-08-02...

We also have a live chat that will allow you to communicate with us directly if you would like!

Post: CrowdFunding

Daren WangPosted
  • Norwood, NJ
  • Posts 47
  • Votes 5

I did the post almost a year ago, and since then I am trying to make it happen for small investor and fund raiser. We are making EBAY of real estate investing. Hopefully, our final products would interest you guys. Thanks. Stay tuned...

Post: Property Manager Need in TriState area, (metro New York)

Daren WangPosted
  • Norwood, NJ
  • Posts 47
  • Votes 5

Our company is looking for an experienced property manager. Pls apply or refer. Thanks.

Post: CrowdFunding

Daren WangPosted
  • Norwood, NJ
  • Posts 47
  • Votes 5

Thank you for your input. Really appreciate.

The reasons that I am looking into crowdfunding 1 my own firm needs capital to grow 2 come across people complaining their options of investing in real estate are very limited, just as Scott Trench said in his post.

I have a scenario, a platform where 5 investors meet owner of investment property (ask for $75,000, with net 15% annual return) who wants to sell that property, and subsequently, 5 investor each subscribe $15,000 for that property, and transact with a reputable attorney, would that solve all the legality issue and just being very simple?

Post: CrowdFunding

Daren WangPosted
  • Norwood, NJ
  • Posts 47
  • Votes 5
Originally posted by @Theresa Randall:
The SEC is the major entity preventing average people from investing in crowdfunding sites. However, there is potential for this to change in the near future. Check out the "Jobs Act". I am eagerly waiting to participate myself.

http://www.forbes.com/sites/chancebarnett/2015/03/...

That is very interesting and promising. Traditionally, an equity owner in an investment property would seek friends or relatives to chip in, now this is open to anyone who want to just be an investor in an income producing property. 

Post: CrowdFunding

Daren WangPosted
  • Norwood, NJ
  • Posts 47
  • Votes 5

Does anyone here know any website for crowdfunding which is not target Accredited Investor? Is there any legal reason that most of crowdfunding website shy away from average Joe? Thanks. 

Our firm is looking for construction veteran for the position, one opening for each area. Here is the ad. You may send your resume to me or pass this info to your friend who fits the job. Thanks. 

[email protected]

Job Title: Construction Manager

About the Job

Hutchinson Creek, a New Jersey based investment firm specialized in investing residential real estate properties across the nation, is currently seeking a Construction Manager to join our Norwood, New Jersey team. The position is approximately 60 percent field work and 40 percent office work on a variety of projects. Will travel to project sites primarily in Metro New York area, but with little travel nationally.

We offer competitive salaries along with a profit sharing and benefits package including: medical coverage, paid time off days, and a variety of Training and Development Programs to help you develop the skills you need to succeed in your chosen career path.

The Construction Manager will oversee the project site, with critical emphasis on the following:

1 Cross check estimates from In-house estimator, develop detailed Scope of Work and Schedule for project.

2 Prepare bidding documents with detailed Scope of Work, request for proposals and manage contractor procurement in the form of open bid.

3 Provide design assistance for Contractors.

4 Be able to manage material/labor pricing and negotiation of contractors.

5 Material ordering - including implementation of an order and inventory control plan

6 Protect the company by verifying all required liability and workers compensation insurance is in place at all times.

7 Schedule construction process with contractors and own employed crew members.

8 Manage and oversee contractors and employed crew members for construction projects.

9 Provide management daily schedule log of crew members, daily construction report.

10 Provide management weekly construction report, and inspection reports per payment period.

11 Conduct project closeout activities including final inspections, completion of punch lists, record drawings,and contract closeout (lien waiver, payment affidavit etc).

12 Coordinate with municipality for necessary permit and inspection.

13 Be able to work on multiple projects at one time

14 Work and travel safely, follow company and site safety standards.

15 Learn and stay up-to-date on guidance, state and federal construction regulations, reviews, and methods relevant to the management of projects.

16 Maintain and develop vendor and other professional contacts.

17 Interact directly with Property Managers, maintenance personnel regarding scheduling and any issues which may arise.

Role Requirements

B.S. degree in Civil Engineering, Construction Management, or related degree.

Approximately 4-8 years construction management-related experience.

Understanding of electrical, mechanical, plumbing and general home improvement system.

Strong fundamental office working skills.

Excellent communication, both verbal and written, and organizational abilities.

Flexibility to work outside of normal business hours as required.

Must be drug free, pass background check and must have a satisfactory driving record in accordance with the Company's driving (MVR) policy.

Computer knowledge of MS Word, Excel, etc.

Ability to work both independently and as part of a team.

OSHA credential is a plus

We are an equal opportunity employer that recognizes the value of a diverse workforce. All qualified individuals will receive consideration for employment without regard to race, color, age, religion, gender, national origin, disability and/or protected veteran status in accordance with governing laws.

I would like to attend, to meet the author of the book which I am reading now. Darren, you rock too!

Post: Local Population Growth?

Daren WangPosted
  • Norwood, NJ
  • Posts 47
  • Votes 5

Population alone does not justify growth, there are lot more to it...

It's from the pipe freezing. The adjuster tried to pin "unoccupied home" on this.