The Real Estate Crowdfunding Review June 2018 Update

July 5, 2018

5 new comprehensive platform reviews, latest industry news, new deal library, and 5 new off-platform deals.

 

 

 

(Usual disclaimer: I'm just an investor expressing my personal opinion and not a financial advisor, attorney or accountant. Consult your own financial professionals before making any financial decisions. Code of Ethics: We do not accept any money from any sponsor or platform for anything, including postings, reviews, referring investors, affiliate leads or advertising. Nor do we negotiate special terms for ourselves in the club above what we negotiate for the benefit of members.).
 

Hope your summer has been going well. So much is happening with the site right now, that I'm temporarily reviving the monthly update. Here's the latest:


5 new comprehensive platform reviews
 

I'm doing a massive overhaul of all the platform reviews, and diving deeper and looking more comprehensively than even before. New topics include behind-the-scenes mechanics on how the platform works, much more info on the pros and cons, summary of the legal aspects, and a detailed due diligence of a sample platform deal. Here are the first 5, with more to follow later:

 

  1. Peer Street

  2. Crowd Street

  3. FundThatFlip

  4. 1031 Crowdfunding

  5. Real Crowd

 

Latest industry news

 

 

New Deal Library

(Note: this material is for private investor club members only. Membership is free but requires verifying that the candidate member has no conflicts of interest first. Click here for more info on the club or to signup).

When you're doing due diligence on a new deal, it's really useful to know if the terms (fees, waterfall, etc.) are out of line or not. But this is really difficult for a single investor to get a feel for.

So several people have asked that we create a library of deals that members have invested in, which will allow us to do that quickly and easily. And it will also allow us to quickly see the sponsors that are doing well (and the ones that aren't). I've added info on all my deals, and invite you to add yours.


Click here to add your deals to the library.

 

 

5 New Off-platform Deals

(Note: this material is for private investor club members only. Membership is free but requires verifying that the candidate member has no conflicts of interest first. Click here for more info on the club or to signup).

All of a sudden I’ve discovered a slew of off-platform deals. If you're interested, here are links to the ongoing due diligence:

 

  • Reliant Self Storage: Midgard Key West: Operator claims full real-estate cycle experience with no losses. 551 units with an approved 208 unit expansion plan on the island of Key West.
     

  • Cole Net Lease: Long-term double and triple net leases, 147 properties, 14 years of claims experience, 44.3% debt, no lockup and can redeem daily (2% penalty if withdrawn in first year).
     

  • Oxygen Factoring (Not real estate but alternative finance so including it for those that might be interested). Claims no losses since 2013 with $21 million of total receivables. Pays 12% APR. Appears to be a much more experienced company with a better performing portfolio than p2bi (which some club members are invested in).
     

  • Gulfside bank (Not real estate but alternative finance so including it for those that might be interested). The creation of a new bank with rare authorization from the Federal Reserve in Sarasota Florida. 28% skin in the game by principals. Run by banker with 10x lower loan charge-offs than the average community bank during the great recession.
     

  • Pelorus Medical Cannabis Hard Money Loan Fund: 65% loan-to-value, first lien, no debt.

 

What's next?

 

I'm currently gathering extensive data for comprehensive reviews of 5 brand new platforms to the rankings, and will post once they are finished.

 

 

 

 

 

 

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About Ian Ippolito

Ian Ippolito is an investor and serial entrepreneur. He has been interviewed by the Wall Street Journal, Business Week, Forbes, TIME, Fast Company, TechCrunch, CBS News, FOX News and more.

 

Ian was impressed by the potential of real estate crowdfunding, but frustrated by the lack of quality site reviews and investment analysis. He created The Real Estate Crowdfunding Review to fill that gap.

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© 2015-2018 By Exhedra Solutions, Inc. All rights reserved. Use of this site constitutes your acceptance of it's terms and conditions.
 

Code of Ethics: I do not receive any money from any sponsor or platform for anything including guides, tutorials, postings, reviews, referring investors, affiliate leads or advertising. Nor do I negotiate special terms for myself above what I negotiate for the benefit of members. For clarity: I do receive monetary compensation in 2 ways. Site members can send donations (and a $200 donation entitles them to access my personal low-level due diligence notes on investments I've put money into). And if the club chooses to create a feeder, I take a fee as manager (and keep the excess beyond expenses). Additionally I receive the same non-monetary compensation all club members do: access to otherwise inaccessible sponsors, millions of dollars of special deals and discounts, the satisfaction of giving back and helping others, and more.

We are just investors expressing our opinion, and are not licensed financial advisors, nor attorneys nor accountants. Always consult with your own licensed professional before making any investment decision. All information provided is personal opinion only, and does not constitute professional, financial, tax, legal or other advice.