Crowdfunding platforms make real estate investing easy, but is that a good thing?
In the latest episode of the Tech Careers and Money Talk podcast, Jeremy Roll discusses the importance of due diligence in real estate investing, especially in the age of crowdfunding platforms.
Jeremy argues that crowdfunding platforms can make it easy for investors to overlook potential risks, as the presentations are often well-produced and video-driven.
He emphasizes the importance of taking the time to drive to a meeting, meet the sponsor in person, and look at their deals before investing.
Jeremy's advice is especially relevant for investors who are new to real estate investing or who are considering investing through a crowdfunding platform for the first time.
Here are a few key takeaways from his interview:
📈 Don't rely on the presentation alone. Do your own research on the deal, the sponsor, and the market.
📈 Meet the sponsor in person and ask questions. Get a sense of their experience and track record.
📈 Visit the property and look for any potential red flags.
📈 Have an experienced investor or professional review the deal before you invest.
Real estate investing can be a great way to build wealth, but it's important to be informed and to do your due diligence before you invest in any deal, especially if you're investing through a crowdfunding platform.
Listen to the full episode of the Tech Careers and Money Talk podcast to learn more about Jeremy Roll's advice on real estate investing and due diligence.
https://www.techcareersandmoneytalk.com/investment-strategies
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