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March 20, 2013 08:54 pm GMT
Realty Mogul, a site where accredited investors can can pool their money to back real estate deals, is going live today.Co-founder and Jilliene Helman argued that in the current financial landscape, real estate is "one of the ways that people can still get yields." She also acknowledged that there's a lot of excitement right now about equity crowdfunding for startups, but she noted that investments on Realty Mogul can start paying off in a few months (in the form of rent checks or loan payments), rather than five or ten years: "Our big focus for investors is cash flow."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WTTl_twn0ns/
Realty Mogul Launches Its Real Estate Crowdfunding Platform (For Accredited Investors), Raises $500K
Realty Mogul, a site where accredited investors can can pool their money to back real estate deals, is going live today.Co-founder and Jilliene Helman argued that in the current financial landscape, real estate is "one of the ways that people can still get yields." She also acknowledged that there's a lot of excitement right now about equity crowdfunding for startups, but she noted that investments on Realty Mogul can start paying off in a few months (in the form of rent checks or loan payments), rather than five or ten years: "Our big focus for investors is cash flow."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WTTl_twn0ns/
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