Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.

Posted almost 10 years ago

Our Crowdfunding Network Is Growing Part 87

Our new site implementation is marching along; slowly.  Our team is always optimistic about how long stuff will take so one month is probably a stretch.  Some folks from our team are on vacation so I am not sure what progress has been made this week.  We will certainly be close to being white label independent in August.  

Our rebranding effort and emails are done for the most party.  We've started some small Facebook campaigns and need to amplify marketing efforts going forward.  We really want to be able to measure lead generation for investors better before we do too much with campaigns and content though.  

The SPE documents are proving to be tougher than expected for debt projects the way we want to do them.  Many of the portals spend a lot of money on specialty attorneys for stuff like this.  We have a local securities attorney that is working on figuring it out.  In time I am sure he will get it done.  That plus a small tweak of our securities memo and filing a D/B/A locally are really the only big legal items left that are blockers.  From here forward a lot more energy will be invested in marketing and technology.  The legal puzzle will be solved for the most part in the coming few weeks.  

Our development projects are starting to get built and we have a few last projects to finance with the banks.  I expect a lot of this to be well enough in flight in about 8 weeks to start to devote a lot more focus to procuring new projects and focusing on the RealStarter business more.  There simply aren't enough hours in the day to do everything we want to do right now.  Our debt fund will be in draft legal stage in 8 weeks too mostly likely.  


Comments