Crowdfunding in Real Estate ‘Absolutely Catching On’
With the rise of websites like Kickstarter and GoFundMe, crowdfunding has become a major part of all areas of investment – including real estate.
According to CNBC, platforms like Realty Mogul, Property Moose and Fundrise globally raised over $1 billion in real estate during 2014, and that number is expected to nearly triple to $2.57 billion by the end of this year.
“It’s absolutely catching on,” says Jilliene Helman, founder & CEO at Realty Mogul. “I always wanted to provide access to more investors and crowdfunding is a perfect way to do that. You can give access to tens of thousands of investors online, and make it as easy to buy stocks or bonds online.”
Image via flickr/Simon Cunningham