Are you familiar with Indie gogo? Go fund me? Kickstarter?
Now this crowdfunding platform is coming into the world of REI.
This is suppose to be the next big thing in investing, allowing everyday people to get into
the real estate game with minimal investment. Its also a new innovative way for projects to get funding.
But do you think it could be a SCAM? Mark Cuban thinks so. In a recent Shark Tank episode one of the new
REI Crowdfunding companies "Tycoon" pitched the Sharks and got a pretty bad response. (video link below)
What do you guys think?
Would you invest using this method? Could it be a good way to build up to larger more traditional real estate investments?
Michael Lane Jr.
Sacramento's Real Estate Specialist