Thought Leadership: Crowdfinance is different than crowdfunding. In this article, learn why these two terms, and industries, are very different from each other and how to correctly prepare a brand strategy to raise capital for financing.Read More
Recently, my business partner said, “Some people build a business. Not you. You build a business and you build your house!” What can I say? The smart answer is that I ‘totally got this’ and I’m pulling it off flawlessly, according to plan. The realistic answer is that I jump into things when they feel right and figure things out on the fly. I look for well-timed opportunities with the potential for strong upside and major personal growth. But I don’t know what twists and challenges await, what may go off track, or the shape of the outcome.
We didn’t plan on completely rebuilding the property. It was supposed to be a quick DIY remodel that we’d flip in 2-3 years. Two years later the property is not quite finished, and is basically new, save for the footprint and the framing.
As things stand, we’re not leaving anytime soon. It’s no longer a flip, it’s a hold. And it’s home. What happened? On the one hand, we made the first-timer “mistake” of designing to our tastes rather than doing the MVP needed for a true flip. On the other hand, we assessed market trends and data, as well as our ability, resourcefulness, and willingness to put in the work for a long-term growth play.
What an experience! Frustrating, even infuriating at times but also fun, challenging and rewarding. The process was so different than I thought it would be. Did we overspend? Probably. Could we have done less? Possibly. Have I developed new skills, abilities, and know-how? Absolutely. Will I do it again? Ask me later!
This experience, I realize, isn’t dissimilar to building a business. I’ve been an entrepreneur for a decade, launching brands and businesses; failing at some, succeeding at others. I don’t always need all the details up front – where would be the fun in that?! I’ve learned that adaptability, perseverance, curiosity, and optimism are requisites, especially during tough times. Most importantly, I’ve learned that innovation rooted in a desire to do good work and to make a meaningful impact leads to success, no matter how you measure it.
I feel this way about crowdfunding, crowdfinancing and the impact that regulations, startups, and the omnipresent Internet are having in real estate and finance. With AI, advanced algorithms and machine learning coming into play, we’re on the crest of the next wave of change, progress, and uncertainty as to where it will all lead.
While I cannot predict the future, every day is an opportunity to work towards goals, growth, and a better future. What I can count on is that I always put my passion and vision into anything I jump into, never knowing where it will lead but trusting that the process is the teacher and that I’ll forever be a student.
This was my contribution to Private Lender magazine's 'Last Call' section of the July-August edition. As many know, I've been rebuilding the house I bought two years ago, and working with emerging companies in the fintech space - first with Patch of Land and now with AlphaFlow.
Online real estate investing is quickly becoming the preferred method of investing for many people. Forbes reported earlier this year that real estate crowdfunding was a $3.5 billion industry in 2016, up from $1 billion in 2014. One reason for such tremendous growth is that it is much more efficient than traditional real estate investing, and it's an effective way to add real estate to an investment portfolio. Here are 7 reasons why online real estate investing is both efficient and effective.Read More
A new opportunity to work with a promising company in the Fintech space as Chief Operating Officer.Read More
At this year's Lendit, which is the fintech industry's biggest and leading conference, I was amongst 30 industry experts chosen to select, evaluate and award winners in several categories for the first Lendit Industry Awards.
I was honored to be the lead judge for the category of, and to present the award for, Fintech Woman of the Year, which went to Jillienne Helman of RealtyMogul.
The evening was a blast, and coming at the end of the conference, everyone seemed in high spirits and enjoying themselves. Given the tough year that the industry had, coming into Lendit 2017, this year's conference was upbeat. The resilience of the companies and the industry is clear.
Women to Watch profile by the incredibly generous folks at Think Realty. I'm proud to be a part of the real estate investment community.Read More
This is a quick interview with Carole Ellis of the Self Directed Investor Society in anticipation of the AAPL Annual Conference in Vegas coming up. I've placed a lot of emphasis on building relationships and being of service to others. Being of service means being helpful, adding value, and contributing to making other people's lives better. That can be as simple as a courteous smile or as big as making an important business connection for someone. Whatever it is, it stems from a place of authenticity, and a place of wanting to connect with others in a meaningful way.
Carole did a great job of describing the way I think about "networking", which conceptually scares a lot of people, or turns them off. The way I think about it has allowed me to overcome the negative stigma that I once associated with the word. I hope that others will see the value in my perspective and use it to improve their personal and especially their professional careers!
Full transcript of the episode is available on the Self Directed Investor Society website here.
I usually never look forward to a Las Vegas trip. It simply isn't 'my kind of town'. However, I'm looking forward to being there Nov 13 - 15 as part of the AAPL National Conference. As an industry expert in online real estate private lending, crowdfunding and fintech, I'll be on two panels talking about the best regulations for private lenders and brokers to know about, and also discussing how platforms operate.
I'm especially excited about this year's show because the organization so kindly featured me in the current issue of Private Lender magazine. I still feel like a newcomer to the real estate investment industry and I'm grateful to everyone I've met so far; their generosity, openness, curiosity and acumen has made me grown quite fond of this industry, and also of the folks at AAPL who promote ethical and fair lending practices. They put on a fabulous event with the best networking and deal making. This is an industry built on relationships, and AAPL is ensuring that those relationships develop and grow continuously.