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Can’t believe more folks aren’t taking about this…
Rewards based crowdfunding.
Yes, there are plenty of ways you can miss this up, so you obviously have to execute it well. But I don’t think there’s ever been a tool like this in the history of real estate. You’re *not giving up equity, and that’s the key to making this work legally and to preserving as much upside as possible.
There’s never been a better time to share your vision with the world… they might just help you make your dream a reality.
Comment “crowd” and I’ll dm you the link for the live workshop I’m doing on this. And follow along for more 🙏
#crowdfunding #diyrealestate #microresort
Transcript
Crazy to me that you can crowdfund something like a micro resort without giving up any equity. I just got off the phone a little bit ago with my friends, Tanner and Melissa. A year and a half or so ago, they crowdfunded $803,000 in three and a half months without giving up a dime of equity by essentially preselling, like, 80% of their first year's bookings. And then they yes that money to secure a construction loan and then to build their project, which they just opened, like, literally a few weeks ago. It's called Cypress Resort in, North Georgia. But if I no about this when I was doing my first projects a few years ago, it's crazy. And they're not the only ones. I've got four or five friends that have all raised between 400,000 and $1,000,000 or more using the same playbook and several others that are in my