Tue, 5 January 2016
AIPIS 108 – Marshall Saunders, Founder of Saunders Daily and One of Swanepoel’s 200 Most Powerful People in Residential Real Estate
Today we speak with Marshall Saunders of Saunders Dailey. Saunders was named one of Swanepoel’s 200 most powerful people in residential real estate and is the recipient of RISMedia’s 2013 Tech Titan award.
Saunders started pursuing his interest of community funded real estate in 2014. He thinks crowdfunding will be a major game changer for individuals who would like to invest smaller amounts of capital than normally required through traditional IPOs. He describes the history of crowdfunding, the impact of 2012’s Job Act and how banks and mortgage companies might react to this type of investment in the future.
[2:12] Crowdfunding is a game changer for investing in startups
[3:30] Democratizing the investment system
[7:56] Crowdfunding has a long history and in 2012 the Jobs Act was signed
[10:16] Title 3 of the Jobs Act will draw lines on investing in Crowdfunding opportunities
[14:20] Investment opportunities for questionable investments will grow
[17:29] One third less filling than your typical IPO
[18:00] Setting up and selling shares of LLCs via crowdfunding
[20:36] Buying equity in bulk
[22:42] Will individuals turn to crowdfunding sites to pay the mortgage of their single family home?
[24:31] Real estate crowdfunding sites raise money for debt offerings
[26:48] Mortgage companies may require higher down payments
[29:02] Do banks prefer foreclosures based on mortgage insurance payouts?