Realty Mogul (@Realty_Mogul) is a marketplace for accredited investors to pool money online and buy shares of pre-vetted investment properties.
Based in Los Angeles, CA, Realty Mogul is a one stop shop for online real estate investments. While signing up for Realty Mogul is free, membership is limited to accredited investors. With membership comes detailed descriptions of potential investments that include: estimated annual return, property and location information, and profiles of any companies or individuals involved in the investment. Realty Mogul also hosts Q&A sessions and provides email updates on every investment. Once an investment is finalized, Realty Mogul provides either monthly or quarterly distribution payments back to investors, which allows for a highly efficient transaction. In the event sufficient funds for a particular real estate investment are not reached, Realty Mogul would return all of a member?s investments.
In the wake of Kickstarter and other online, crowd-funding sites that need broadband internet to operate, Realty Mogul provides a filter for serious real estate investors looking for serious investments that they might not have the know-how, or the time, to fully commit to.