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Started by Cindy, May 20, 2019, 02:19:19 PM
Quote from: Sam on May 20, 2019, 03:30:23 PMThanks for the heads up! Very interesting!I had a 1.5 hour w/ Jilienne Helman, the founder of RM in SF earlier this year. She is VERY focused on profitability and sustainability of her RM business long term. I was impressed.Also, they haven't raised new company funding in 4 years, which leads me to believe they are cash flow positive.Finally, they can't screw up their first sponsored deal. That would be really bad.Oh, and I like Texas real estate. Hmmm, seems like a good deal. Can you share the terms?
Quote from: chitown-2020 on May 22, 2019, 01:09:21 PMI've been with RM since pretty close to their inception. They've learned from a lot of their own mistakes and that of the other platforms, including RS that just went under. Their deal flow is much lower, especially now late in the real estate cycle -- and they're focused more on hitting singles, than knocking them all out of the park. They do have a few bad deals on the platform (I'm in one of them for full disclsure) -- and not all have performed to expectation. Overall though, they've been WAY more professional and accessible to me over the years than RS has been and I'm pretty happy working with them for what its worth. Your mileage may vary.
Quote from: Sam on May 22, 2019, 10:27:16 PMGood to know. Any thoughts on this first sponsored El Paso deal?
Quote from: Sam on May 23, 2019, 07:57:54 PMCadre is big.GS and Jared Kushner backed too.But I have no experience with them.I do have a guest post from RM's CEO on due diligence I'll be posting. Pretty insightful.
Quote from: Nosferatu_FL on June 17, 2019, 12:12:14 PMQuote from: Sam on May 23, 2019, 07:57:54 PMCadre is big.GS and Jared Kushner backed too.But I have no experience with them.I do have a guest post from RM's CEO on due diligence I'll be posting. Pretty insightful.Thanks Sam. I'm waiting for now to see how things work out with Rs before I put any new $$ into crowdfunding. so far things are not looking good.