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All Forum Posts by: Robert L.

Robert L. has started 5 posts and replied 14 times.

Quote from @Chris Seveney:

@Robert L.

Dalmore will act as your BD for compliance (need an intro let me know). But they typically will not lead a sales effort they are compliance only

If you want a BD to sponsor it - that is a big task. We got a BD agreement because my co founder knew a RIA.

Best to just reach out but make sure to have a good pitch deck in place

. Happy to chat offline.

Also recognize that it’s a pay to play space and if you are first time working with them the fees are high.

Hi Chris,

Thank you for the input.  I am familiar with The Dalmore Group.  Dalmore seems to be one of the only (or very few) companies which have a platform developed which provides the seller a front end website designed for fractional real estate while having a backend for Dalmore to process transactions.  My goal is to find a RIA like you and your co-founder found.  I would then provide the RIA with the software platform so they can act as the BD and handle compliance, while I handle the sales on the frontend website.  I feel it is a great opportunity for a small or private RIA to handle compliance on my securities without the need for complex software development.

My background is in website development, real estate investing, STRs and new construction.  Fractional real estate investing appears to be having a renewed interest and growth over the last few years so I am transitioning into fractional real estate investing in new construction luxury STRs.

Hi Joshua Christensen,

I'll look some more on LinkedIn.  So far I found a couple people but not someone independent yet.

Correct, this would be a private placement.

Posting on a crowdfunding platform is not the route I wish to go as I plan to make my Series offerings on my own platform.

The key that I am seeing so far is that most (virtually all) brokers/RIAs do not have the software in place for handling fractional real estate.  So I am having my own software developed to provide the broker a turnkey solution to selling my securities.  
Essentially, I am looking for a broker to joint venture on a new crowdfunding style platform.

Hi,  I am working on a project to offer fractional real estate investments through a Reg A+ Series offering and need to connect with a securities broker who might be interested in brokering my securities.

What might be the best way to locate people who have a Series 7 license and who are also interested in fractional real estate investments?

Thank you for your feedback in advance.

Post: Best real estate apps

Robert L.Posted
  • Developer
  • Tampa, FL
  • Posts 15
  • Votes 4

The DealMachine app really is a great driving for dollars app. Using the app, simply snap a pic of a vacant property and it immediately finds the owner for you and their contact information. You can then send them a postcard with a picture of the property or call them on the spot. If you try it out, enter the DealMachine promo coupon code "reipromo" to get 15 deal credits with your 14 day trial.

Deal machine is great for first mailings, and like someone else mentioned, at 1.90 to 2.00 per mailer, it's pretty darn expensive. However, the DealMachine app makes things super easy, has a ton of great mapping and tracking features and even allows you to have a team of bird-dogs do the driving for you using the app on their phone.This make it much more than just a "mailer app". Yes, it makes sense for the first mailing and repeat mailings can be done by simply using the CSV export feature in the app which allows you to export your lists.