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RealCrowd (YC S13) Raises $1.6M to Bring Crowdfunding to Real Estate

36 pointsby jconleyabout 11 years ago

4 comments

gatsbyabout 11 years ago
Congrats!<p>I really like the site and the concept. Two things:<p>1.) How do you make money? As a potential investor, I wish this was more transparent. One of the reasons I use Betterment and Wealthfront for equities is that their fees are very clear on their homepage. Because real estate has a history of hidden fees, I think it&#x27;s important to highlight this right away.<p>2.) What does &quot;$235m+ in Transactions&quot; mean? Closed through RealCrowd? In funding? Previous closes with the principals of the company?<p>Wish you guys the best of luck, and am excited to watch you grow!
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pdovyabout 11 years ago
This is really great! One comment I would have is that it&#x27;d be great if you had more educational materials.<p>Your site eases entry into this type of investing for folks that might technically fall under the accredited investor umbrella but never have taken advantage of that fact, and don&#x27;t know the in&#x27;s and out&#x27;s of real estate investing. For example, the deal structure for a particular offering has a really brief description in the mouseover text, but I couldn&#x27;t find it explained anywhere in detail.
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carlosrtabout 11 years ago
Fintech entrepreneurs: If you want to help solve the underfunded pension crisis in the world, and&#x2F;or help increase the wealth of the bottom 95% work on building a product that allows non-accredited investors to crowd fund real estate, where the investors own 100% of the property and the sponsors earn a fee for managing it.<p>If the bottom 95% were allowed to crowd fund real estate wealth would very quickly be more evenly distributed.
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foobarquxabout 11 years ago
Why would I use this instead of a REIT?<p>Why can&#x27;t these development companies get traditional funding?
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