How to start real estate crowdfunding? Crowdfunding is literally one of the
newest, best and downright easiest ways to
invest in real estate. It's the newest way, people don't know
how to do it. But I'm going to tell you about this powerful game changer so that
you can do the exact same thing too. Let's go.
I'm going to share with you
a detailed step-by-step process on how to get your
own real estate crowdfunding. I'm going to share with you some insider
tips on how to get your real estate crowdfunding going
faster than other people's where it doesn't take months it only will take
you a couple of weeks. And then i'm going to give you my quick
blueprint on how I did it so that you don't make the same mistakes that I did
when I did mine. So, one of the major things that you want
to do when it comes to real estate investing is know
what your goals are. So, we're talking about investing in real estate, there's
several different things and several different ways to make
money. One of it is going to be by amassing rental properties, putting
tenants in those properties and then making monthly income on those
properties. Or if you do short-term rentals, getting the properties rented
and getting short-term rental income. Another thing that you want to do with
real estate investing that is super important
is you want to buy properties that are increasing in value.
Again, pick properties that are in appreciating areas where the values are
going up. You can buy those properties and then
sell them in a few years for more money than what you paid for
them. And then last but not least, you want to be able to buy properties at
below market value and force appreciation, okay? That's where
we go ahead and we do fix and flips. This is called forced appreciation.
That's where you go into a property that needs renovations or needs a rehab.
You add value by putting in new countertops, new paint, new flooring or
whatever it is that you do to add value to the property and then
sell the property for more money either immediately or in the next few years. But
when it comes to real estate investing, whether we're talking about residential
real estate or we're talking about commercial real estate,
the goals are still the same. But you need to decide
what is your goal going to be with your real estate crowd fund?
Are you going to try to mask properties for rentals and then share the profits
with your investors? Are you going to do some fix and flips
and then sell them for a profit and then split the profits with your
investors? Again, what is it that you want to do with real estate and how are
you trying to make money? These are some of the things that you
want to think about and decide because there are so many different ways to make
money in real estate. So, let's kind of get into that. So, how I
got started with real estate crowd funding is I really
basically started a few years ago but on a much smaller scale. So, as you guys know,
I started off investing in real estate in 2002,
2003. I was a complete disaster. I basically lost
everything in 2009 when the crash happened and I ended up bankrupt
in foreclosure and in my parents basement. Well, that's where the story
starts to get interesting because I got a coach. I started learning what I was
doing. And then i got into wholesaling and then
fixing and flipping and eventually I amassed enough rental properties
where I could quit my job. It was awesome. So, then once I quit my job, I found that
I had a lot more time. So, I started coaching and helping other people do
real estate investing. And one day, I came across one of my
students at the time he was 18 years old. And he started telling me about Airbnb's.
He was saying that he could make me way more money than i was making on my
rental properties. All we needed to do was rent a few
properties, furnish them, put towels and forks and stuff like that.
We didn't have to own the properties. We really could just rent some apartments
and get this done with the permission of the landlords. So,
I was kind of skeptical at first. And I really didn't think this was going to
make much money. But I was super wrong, okay? Super wrong.
This 18-year old kid really schooled me. We had about 5 properties and I was
making like 1,000 to 1,500 dollars on
each property at the time. Okay? And I was only making like
$300 on each of my rental properties
the old way. So, this opened my mind up to how much more profitable it was
to do airbnb versus to do long-term tenants.
So, let's fast forward to my new company and the crowd fund that I created.
So, when I started with this 18-year old, we did a joint venture. I basically
loaned him like 6 or... I think it was either 6 or 8
thousand dollars for him to get those 5 units.
He used the money to fix the properties and put the furniture in them, get
vetting and stuff like that and pay the rent. And then we started making money
really quickly, okay? So, basically after the first month,
he had the property booked up and we were making a profit after month
2, okay? So, it was incredible how quickly we started making money. So, then
I had all these other students that wanted to do the same thing
and they all wanted to do all these joint ventures. So, it actually got
really really complicated with me trying to do joint ventures
with all of these different people. So, long comes crowd funding where I'm able
to pull all of my students together, all of
my people, all the people that want to invest in real estate.
Everybody pull their money together and then we all
buy property and we split the profits. This was a game changer guys, okay?
So, we've been able to raise well over $200,000 in just a
couple of months. We'll actually have a million dollars
before this is all done. We expect to have that before the end of
this year. You can check it out yourself at nuurez.com. Again, that's
N-U-U-R-E-Z, ".com". You can check the company out, you can
check out the crowdfunding, you can see what we're doing.
But the amazing thing about this was I didn't have to do
joint ventures with one person at a time. Again, we all could joint venture, we
could all put our money into a pool. I could use my expertise, all of my years
of experience. I could pick out the best properties the ones that were the most
profitable that i knew would make the most money
instead of my students trying to find this all on their own.
And then we could all just split the profits. So, this was the game changer for
me. This is what got me into crowd funding
and this has opened up the door for a lot more of my students and people
that wouldn't normally be able to invest to be able to invest and start making
money in real estate. So, let me tell you how you can do it.
So, the first thing that you want to do when you are getting your own crowd fund
is what I said earlier. You have to decide what it is that you're going to
be doing in real estate. So, because I knew that short-term
rentals were so much more profitable than long-term rentals,
that's the first thing that I decided to do with my crowd fund. Because I knew I
could make so much profits, I knew there was so much profits to split. It was very
easy to split my profits with my investors because we were making so much
money on one unit. So, if I figured if we could make 1,000 and 2,000
dollars off one unit, imagine if we could get hundreds, okay?
And so, this is the power of crowd funds and
this is the power of real estate investing. But before you could ever
get to the point where you were able to get people to invest in your crowd fund
or have a crowdfund altogether, you've got to decide what it is that you're
going to do with the money and how your investors are going to be
paid. So, with our company, again, Nuurez, N-U-U-R-E-Z, ".com". And you can
check it out. You can look us up on neurez.com or you can go to the
crowdfund website which is trucrowd. T-R-C-C-R-O-W-D. And you can check us out.
there. Has all of the information.. All the memorandum all of the stuff we submitted
to the security and exchange commission. You know, the SEC.
And because this is all legal and all ethical
and there's an oversight committee, this is all protecting both
me and you as an investor. And so, this is the protection and the confidence that
you can offer your investors. You literally can go to
trucrowd yourself and you can get your own crowd
fund. Again, you can check out mine. See what
we're doing. If you want, you can invest as little as $500
and really get a full picture of what we're doing and get money in the process.
Or you can just go to trucrowd.com and start the process to get your
own. This again is very simple to do, is very inexpensive and this is the new
powerful way for all of us to come together
and make a lot of money in real estate without as much risk.
So, hopefully this video was very helpful for you on how to start a real estate
crowdfunding business. Again, it's a very simple process. It
really just starts off with your business plan.
What it is that you're going to be doing in real estate, how you plan on spending
the money and then how your investors are going to get paid.
You go to trucrowd. T-R-U-C-R-O-W-D, ".com" That is the crowd funding
platform that I use and where my crowd fund is.
But there's other websites available. You can go to startengine or you can go to
gofundme. Or you can even google it and see what other companies are out there.
I've had great success with trucrowd. We've raised tons of money. Our investors
are happy. I'm happy. So, I endorse this site not being paid for it
or anything like that but it's a great thing to do.
So, I encourage you to go ahead and check us out at trucrowd, T-R-U-C-R-O-W-D,
".com" or Nuurez, N-U-U-R-E-Z, ".com". Invest or see exactly what we're doing
and copy it. Either way, I want you to be successful. This is
Noelle. To your success.