Crowd Funding Real Estate Investing

Source – The Verge

Realty Mogul, a new crowdfunding platform based in Los Angeles, launched today to allow accredited investors to buy slices of real estate deals for as little as $5,000. The company, originally called “Real Estate With Friends,” is democratizing an industry that has historically been an elite club, said cofounder Justin Hughes. “Now, you don’t need to know a guy,” he said. “You know us. We’re your guy.”

Crowdfunding has been one of the biggest buzzwords thrown around lately due to the success of sites like Kickstarter. Is crowdfunding real estate the next big thing? Need videos to help pitch a property? (We had to throw that in there) Let us know what you think on our Facebook page.