Win
I wanted income without becoming a landlord and I wanted to start small enough that a mistake wouldn't matter. So I put 2k each into three pooled offerings on two platforms, rough…
Discussion
88 unit garden style value-add offering, 1980s build, sponsor plans 62 interior renovations over 30 months at 18k per door all in. Hard cost contingency is 5 percent of the constr…
From the desk:
Been building the first deal budget for months and I finally ran the crowdfunding version side by side against the small rental version, because at some point I have to pick a lan…
Discussion
Every unit I've bought taught me something new to worry about, and this one I can't find a straight answer on. I'm looking at moving some cash into crowdfunded deals instead of bu…
Loss
Small one, but it cost me real money and nobody warned me. Put $6k into a crowdfunded equity deal, first year went fine, distributions totaled about $310. Happy enough with that f…
Discussion
I've got a small position in a pooled fund, about 2k, and it pays out quarterly. Last payment was $41. When I signed up there was a checkbox for automatic reinvestment and I ticke…
Discussion
I own four small multifamily buildings, twenty two units total, all within an hour of me. The crowdfunding sleeve I've built alongside it is about 55k across nine positions, and e…
Discussion
I've been tracking a book of 14 equity deals across three platforms, targets ranging 11 to 16 percent IRR. The realized and marked blend is coming in around 8. Nothing has gone to…
From the desk:
I've got 40k in cash set aside for crowdfunded real estate and I've been circling it for about six weeks. Two candidates on my list. Platform A is a pooled fund, roughly 1% annual…
From the desk:
Reading a debt offering on one of the deal-by-deal platforms and the numbers under it are bothering me more the longer I sit with them. The deal: first position bridge loan on a 2…
Discussion
Construction is what I know, so when the sponsor update said cost overruns on a value-add rehab I understood the substance. What I don't understand is my side of it. I hold roughl…
Discussion
I've got 60k that's earmarked for real estate exposure and no operating role in it either way, so the question is purely which wrapper. Option A is listed REITs. Daily pricing, se…
Discussion
I spent a weekend building a grid of every live offering I could see across three platforms. 41 offerings, 12 distinct sponsors. Four of those sponsors appear on more than one pla…
Discussion
I've been looking at land and holding patterns mostly, and crowdfunding came up as a way to park capital while I wait. What I can't sort out is that some platforms take $10 or $50…
From the desk:
Signed up on two platforms last week. One took me straight in, 10 dollar minimum on a pooled fund. The other put a form in front of me asking me to certify income over 200k or a n…
From the desk:
I've been running short-duration debt notes across three platforms for about two years. 85k deployed, average stated rate 9.4%, average term at origination 9 months. On paper that…
Discussion
My scoring sheet has two halves and I've started to notice I only ever fill in one of them properly. The platform half is things like how many offerings they've taken all the way…
Win
Closed the loop on the first full cycle of this last month, so here are the actual numbers rather than the plan. $46k deployed across 21 debt positions on three platforms, most of…
Loss
The product page said short term, average duration under a year, and there was a redemption request option. I read that as a savings account with a better rate. It isn't. I reques…
Loss
I back these because I know renovation work and I thought that gave me an edge reading the scope. It gave me an edge reading the scope. It gave me nothing on the capital stack, wh…