Category: Investing

The Benefits of Crowdfunding

Introduction

Both rewards and crowd investing offer a wide range of advantages over traditional business financing. With benefits ranging from a wider pool of potential investors to more nimble fundraising options, crowdfunding is going to continue to evolve into more popular, and more powerful funding method for startups, local businesses, and inner-city real estate development.  Though funding is almost always the main goal of a crowdfunding campaign, it can also be a fantastic way to gain visibility, validate your business, grow your customer base, and more.

It’s more efficient than traditional fundraising

When you’re an early-stage company, local retail business, or real estate development focused on building your business and attracting seed capital, you might not be able to afford all the time and attention that pursuing traditional financing demands. Compared to applying for a loan or seeking out accredited investors yourself, setting up a successful crowdfunding campaign on Buy The Block or another platform is far more efficient and effective in getting your message out to the right people. With the right platform, you can tell your business’s story, produce a quick video, set up some enticing rewards, and benefit from having everything in one centralized location where potential backers can find you.

It’s a place to build traction, social, proof, and validation

A strong, highly visible crowdfunding campaign can provide validation and social proof that’s vital in charting your path forward. When potential customers show interest in your startup’s product or service, you’ve generated social proof—demonstrating that other people believe in what you’re doing. Once early adopters vet and buy into your idea, others are more likely to follow suit. Social proof is translated into traction—whether it’s a large number of backers, pre-orders, or media attention—that’s invaluable as you pitch to other investors.

It’s an opportunity for crowdsourced brainstorming to refine your idea

Hear your would-be backers poking holes in your business plan or asking some tough questions? Take it in stride and accept it as free, crowdsourced brainstorming. The basis of a startup is finding some important, unmet need that your customers have, and deciding to be the one to do something about it. Thus, it’s important to seize any opportunity for customer feedback and consider it in planning your startup. One of the greatest things about crowdfunding is how close it gets you to your customers, giving you a chance to engage them and field questions, complaints, feedback, and ideas. You never know—your company’s next great idea could come from somebody who is a staunch member of your crowd.

It gains you early adopters and loyal brand advocates

The people that power your idea’s social proof are your early adopters and potential brand advocates. They’re the people who believe in your story, product, or service, enough to stake their money on its longevity and long-term success. These early adopters are key to the success of your crowdfunding campaign and the momentum you keep after closing, being the ones most likely to share your vision with friends and family and promote it through their social networks.

It doubles as marketing and media exposure

Press coverage will create more eyes on your campaign and create lasting brand awareness for your startup. This can come in the form of a feature story on a popular news station, blog, or print publication, and is a great way to bring in backers outside of your personal network. A good feature story or Twitter mention can create a powerful snowball effect, putting you in touch with major investors you might not have otherwise reached. Whether they read about your new product or development on a popular blog or hear about your innovative campaign from a friend, a successful crowdfunding is a great way to capture new investor interest.

Crowdsourcing has grown into an excellent way for entrepreneurs, local business owners, real estate developers, and early-stage companies to validate their business, find capital and early adopters, and get the exposure they need to grow. To recap, some of the most powerful ways a crowdfunding campaign can help build more startup momentum than other financing methods are:

  • It’s more efficient than traditional fundraising.
  • It generates traction, social proof, and validation.
  • It’s an opportunity for crowdsourced brainstorming to refine your idea.
  • It gains you, early adopters and loyal advocates.
  • It doubles as marketing and media exposure.

Crowdfunding for the Black Community

Crowdfunding for the Black Community

Crowdfunding is essentially the opposite of the mainstream approach to business finance. Traditionally, if you want to raise capital to start a business, launch a new product, or develop real estate you would need to pack up your business plan, market research, and prototypes, and then shop your idea around to a limited pool or wealthy individuals or institutions.

These funding sources included banks, angel investors, and venture capital firms, really limiting your options to a few key players. In the Black community, the number of Black founders obtaining funding from these sources is dismal at best.  Black Americans’ entrepreneurial experiences contrast dramatically with these groups. Modern disadvantages experienced by blacks include racial segregation, low levels of earnings, lack of wealth, poor education, lack of experience in a family business, employer discrimination and difficulty in getting a loan.

In April 2000, a congressional study found that “Most banks largely ignored African-American neighborhoods, even those with above-average incomes,” forcing many blacks to depend on expensive and abusive lenders. In addition, while the average white family’s wealth in 2009 was $113,000, the average black family’s wealth was a fraction of that, $5,700. These liabilities make it harder for blacks than other groups to obtain loans, lines of credits and other financial services which are crucial to starting and running a business.

You can think of this fundraising approach as a funnel, with you and your pitch at the wide end and your audience of investors at the closed end. Fail to point that funnel at the right investor or firm at the right time, and that’s your time and money lost.   

Crowdfunding platforms, on the other hand, turns that funnel upside down. By giving, the entrepreneur, a single platform to build, showcase, and share your pitch resources, this approach dramatically streamlines the traditional model. With crowdfunding, it’s much easier for you to get your opportunity in front of more interested parties and give them more ways to help grow your business, from investing thousands in exchange for equity to contributing $20 in exchange for a first-run product or other rewards.

The 5 Benefits of Crowdfunding

 

  • ReachBy using a crowdfunding platform like Buy The Block, you have access to thousands of non-accredited and accredited investors who can see, interact with, and share your fundraising campaign.
  • PresentationBy creating a crowdfunding campaign, you go through the invaluable process of looking at your business from the top level—its history, traction, offerings, addressable market, value proposition, and more—and boiling it down into a polished, easily digestible package.
  • PR & Marketing – From launch to close, you can share and promote your campaign through social media, email newsletters, and other online marketing tactics. As other media outlets cover the progress of your fundraising, you can double down by steering traffic to your website and other company resources.
  • Proof of Concept – Presenting your concept or business to the masses affords an excellent opportunity to validate and refine your offering. As potential investors begin to express interest and ask questions, you’ll quickly see if there’s something missing that would make them more likely to buy in.
  • Efficiency – One of the best things about online crowdfunding is its ability to centralize and streamline your fundraising efforts. By building a single, comprehensive profile to which you can funnel all your prospects and potential investors, you eliminate the need to pursue each of them individually. So instead of duplicating efforts by printing documents, compiling binders, and manually updating each one when there’s an update, you can present everything online in a much more accessible format, leaving you with more time to run your business instead of fundraising.

Why Investment Clubs and Crowdinvesting Will Build Black Wealth

Introduction

The 2012 JOBS Act and digital communication tools have ushered in the age of the crowd economy where platforms like Buy the Block allow African-Americans to invest with their peers to provide the needed capital to support Black entrepreneurs and real estate developers by investing with our peers. Black people in the United States have a combined purchasing power of $1.3 trillion which would make us the 13th largest economy in the world, yet our wealth is encroaching zero as our income and education attainment continue to rise. We must as a community, embrace the crowd economy pool our immense financial resources through impact investing, crowd investing, and entrepreneurship to create companies and build inter-generational wealth.

What is an Investment Club

Investment clubs are a great idea for Black professional organizations and Black churches. Why do I say this? A lot of people that are new to investing don’t want to go it alone so joining or creating an investment club provides the structure to build confidence and investment knowledge for people that don’t have a lot of investment experience.  An investment club consists of members who study stocks, bonds, real estate, and private placement investments. The goal is to have each member take an industry and report to the group why they think it is a great investment. Many times they will pool their money together in order to make joint investment decisions.


Crowdinvesting Has Opened the World of Private Placement

Crowdinvesting will allow tens of millions of ordinary people will be able to buy shares in startups and early-stage companies online. This is a dramatic departure from the restrictive rules that U.S. investors and entrepreneurs had lived under since 1933. The deals that make equity offerings will be the same kinds of deals that have been making equity offerings to angel investors for decades, through more traditional financing channels. Many of the deals that have raised all the money they can from founders, family, and friends (the three Fs) and still need capital to grow, but are still too small to attract the interest of commercial banks and venture capital firms. Will now be available crowd investors at a much earlier stage which increases the risk, but also increases the potential reward.

 

Real Estate Investing Through Crowd Investing

Entrepreneur Lynn P. Smith is the founder and CEO at Buy The Block one of the only Black-owned platforms in the country that is dedicated to making investments in real estate as a group more accessible. The movement is presently on its way to recording massive success in funding for diverse development projects across Black communities in the US. This enviable initiative offers every Black American an opportunity to invest as little as $100, and connect with other investors – with an added advantage of helping every member buy a piece of their first block. With the platform, acquiring property or block of choice in one’s local area is achievable. Getting the funds to make such a big difference can also be without hassles.

 

Leading the Way Through Policy and Technology

The ability to share wealth depending on each person’s investment makes it a win-win situation for all block investors. With the focus on the Black communities in America, Buy The Block is on track to raise millions of dollars in funding for development projects in these communities. Having the capacity to take on more significant projects and contracts, Buy the Block believes that hey will soon change the face of crowdfunding real estate investing in the country and the wealth building process for Black America. The first African American-owned crowdfunding portal, its symbolic power, and economic potential are undeniable, especially in the commercial real estate. Buy the Block creates a revolution in early-stage finance that is changing the way inner-city African-American communities relate to capital formation, real estate development, entrepreneurship, and job creation.

Black Professionals Organizations

There are many Black Professional organizations that have hundreds of thousands of members if not a million members. These organizations are not only helpful for African-Americans to learn to navigate in their professions, but they could be the very foundation of creating investment clubs. The associations already exist all they have to do is form the clubs and begin investing via crowd investing. For example, the Association of Black Accounts has over 200,000 members. If we are to make a move toward economic and political empowerment as a group then the path is being blazed by crowd economy entrepreneurs.

The Black Church

Annually Black Churches rack in over $14 billion tax-free, yet this demographic data has grown worse as time moves forward into the future. In many Black neighborhoods, there is a church on many corners (sometimes 3-4 per block), a liquor store, and businesses that aren’t owned by Blacks. These businesses that are not Black-owned plague our communities in many ways. The majority of people that live in the Black community don’t own the place where they reside.

With a goal to build wealth and community equity using Regulation Crowdfunding and impact investing. The Black Church has a significant role in making this goal a reality. One way forward is to form investment clubs inside of Black churches that use crowdfunding and crowd investing to empower the community both politically and economically. There must be accountability of the money to improve the situation of the people through the crowd economy.

Takeaway

The United States has been and continues to be very hostile to Black people and in response to this high level of state-sponsored hostility, many African-American professionals have formed their own associations. These associations provide a path forward for young professionals and the opportunity to find mentors, but in the age of the crowd economy, there is an opportunity for these same associations to create investment clubs that will allow group investment in Black-owned businesses and real estate development through crowd investment. The Black Church has a long history of providing guidance for the Black community. The Black Church was one of the primary institutions that taught the former slaves how to take full advantage of their new freedom and US citizenship. During the Civil Rights era the Church led the way in the fight for full citizenship, and today the Black Church must take its place as the leader in the fight for economic empowerment through crowd investing for business and real estate development.  

Invest in the First Black Woman-Owned Cafe & Farmers Market Franchise That Will Be Owned by the Community

Nationwide — Roots & Vine Produce and Café, spearheaded by Ena Jones, a single mother of 3, born and raised in Chicago, has set its Grand Opening for this fall 2018 on Chicago’s South Side in the Morgan Park Community. The plan is to create a Wi-Fi friendly café with a healthy menu, coffee, smoothies, and juices as well as tempting pastries.

Their in-house farmers market, supplied with fresh produce and bulk dry goods, are grown from black farmers nationwide. The company aspires to be a low cost and cashless grocery chain at the convenience store level to help eliminate food deserts across the country.

With nearly a quarter of the American population living in a food desert, access to fresh and healthy produce is crucial in the battle to reduce diabetes, heart disease, hypertension and other food-related illnesses in our families. Stop by to join in healthy discussions with their #GreenTableTalks, food demos and workshops; as they create jobs and unique franchise opportunities for people of the community.

#GreeTableTalk

Roots & Vine is a solution looking for investors. There is an opportunity to join their mission and invest at BuyTheBlock.com, with as little as $100. You can look at their offering and truly encourage the community, family and friends to live a healthy life. The momentum of Roots & Vine Produce and Café as they sprout up to bring water to food deserts across the country will quickly make the new startup a household name.

This startup is dedicated to addressing the problem of urban food deserts and revitalizing blighted communities. Connecting farmers directly with consumers and employing community residents, Roots & Vine aims to strengthen communities in several ways:

#1 – Offering fresh produce and bulk dry goods at the convenience store level.
#2 – Providing Farmers an economic opportunity to market their products in every store.
#3 – Providing local employment opportunities in serving communities.
#4 – Providing Communal Space in a daily open, free Wi-Fi café.
#5 – The café will offer food demos, workshops, and education on nutrition and meal planning that will enable those of the community to take control of their own health.

About the founder

Ena Jones is a caterer and seasoned entrepreneur with twenty years of experience and counting. She is also a self-published writer & owner of Everyday Butterfly Home Spa Collection, a self-care product line of 100% natural and organic ingredients.

Notes for Editors: Invest in their effort and bring water to the desert, visit their Buy the Block page at https://buytheblock.com/campaign/connecting-farmers-to-people-reconnecting-people-to-real-food

PRESS CONTACT:
Ena Jones
Roots & Vine Produce and Café Inc.
773-979-0199
EJones@RootsAndVineInc.com

Posted on October 6, 2018 By Staff With 0 comments

Black Female Serial Entrepreneur Tackles Commercial Real Estate

Introduction

Linda P. Smith is a serial entrepreneur that founded my first company at 28, with the help of family and friends. In 2010, she established BBE to pay it forward by providing education and funding for businesses. With Buy the Block, she has created the first Black-owned real estate crowdinvesting platform enabling the Black community to pool their immense $1.3 Trillion in purchasing power to come together to make real estate and business development investments.  

What is Crowdinvesting

Traditional real estate investments require a significant financial commitment. Buy the Block is reducing the barriers to entry to as low as $100 which opens direct real estate investment to the vast majority of people in the Black Community. Crowdinvesting became a reality when then President Obama signed the bipartisan JOBS Act of 2012, and May 16th, 2016 Title III of the JOBS Act became legal and opened up direct real estate investment to all Americans. This opened the floodgates to hundreds of millions of new investors.   

Buy The Block

Serial Entrepreneur Lynn P founded Buy the Block in a tool shed in Cincinnati in 2013. The company allowed her to couple her two passions, real estate investing and teaching others the art and science of real estate investment,  into a seamless online crowdinvesting experience for the Black community. Buy the Block has solved two of the major issues of the Black community. The first is access to capital for businesses and real estate development and the second is an investment platform with a low barrier to entry to facilitate the building of community equity and Black wealth at the same time. Buy The Block now serves investors and developers all over the US, and is thrilled to be a part of the global crowdinvesting and alternative finance industry.By bringing investors together with entrepreneurs, we are not just building stronger communities; we are building wealthier communities. In that wealth lies the only real independence.

The Commercial Real Estate Development Industry

Buy the Block’s latest foray into the commercial real estate industry that lacks diversity in the C-Suite. According to a report from the Commercial Real Estate Development Association, a national organization founded almost 50 years ago and that has more than 18,000 members, used Equal Employment Opportunity Commission data and found that more than three-quarters of senior commercial real estate executive positions nationwide were held by white men. Hispanic, Asian, black and other women — hold less than 1 percent of the CRE senior executive jobs nationwide, according to the report. Buy the Block building on its success in the residential real estate development has made its first incursion into this, White male dominated field of commercial real estate development, by leading investors in  purchasing a 24,500 square foot retail structure with tremendous potential for neighborhood retail, office space, and residential space in the downtown area of a major Midwestern city.  

Join The Movement

Buy The Block can manage any project from concept to end, and they aim to develop a large number of construction projects, in areas such as; residential, manufacturing, retail, multi-family, medical, religious, and pre-engineered building construction.

Takeaway

With the focus on the Black communities in America, Buy The Block is on track to raise hundreds of millions of dollars in funding for development projects in these communities. Having the capacity to take on more significant projects and contracts, they project that they will soon change the face of crowdinvesting real estate investing in the country. Join the movement by investing with your peers on the Buy The Block crowdinvesting platform that is breaking ground and barriers in the residential and commercial real estate industry. Visit BuyTheBlock.com and make your investment first investment today with your peers and Buy the Block.   

Locavesting, Crowdinvesting, and Recycling Community Dollars

What is Locavesting

Locavesting is a term that I came across in my work as a crowd investing consultant. I will state for the record that my interest in crowdinvesting lean much more toward local real estate development and local business development than towards the tech startups. I believe that underserved communities must consolidate and recycle their wealth through real estate development and local business development that provides job creation and wealth generation in their community first. According to a Locavestor blog post written by Amy  “Small businesses—which by definition are locally owned—create two out of every three jobs in the U.S., employ half the private workforce and generate half of private GDP.” “They create local wealth by keeping money circulating locally—that’s called the local multiplier effect.  They provide the foundation for a healthy and diversified local tax base, and contribute to the health and well being of their communities.”

Access to Capital

Access to capital is the number one issue facing many local business no matter the size or type of business, but in communities of color accessing capital through traditional methods is almost impossible. Even when the owners have the education and experience accessing business capital is highly unlikely. Big banks, which dominate the market, approve just 2 out of 10 small business loan requests. The odds are worse for women and minority-owned firms: Just $1 out of every $23 in small business bank loans goes to women-owned businesses, for example, even though they represent 30% of all small firms. In the equity space, less that 1% of all businesses receive venture capital funding—and most of that is invested in just three states.

The Convergence of Locavesting and CrowdInvesting

When we look into the investment portfolios of most individual investors we will find stocks and bonds of large multinational companies that very often send jobs and profits overseas. The new retail investor class that crowdinvesting creates is very cash rich and rarely finds itself being invested in local businesses that as stated above are the economic drivers of communities. How do we change that dynamic? How do we channel more capital to productive use—to the small businesses that create jobs, spur innovation and build strong local economies? Well, crowdinvesting is the vehicle that will be able to transfer this capital to small local businesses and real estate development.

Takeaway

There is latent potential capital that is being only as consumer dollars that are leaving the community within six hours of being earned. The vast majority of that money is not being saved or invested only spent as quickly as it is be earned. One solution is the junction between crowdinvesting and locavesting where community members are willing to invest as little as $100 in local businesses and real estate development. Then be customers and brand advocates for the businesses that you have invested in and have a financial interest in being successful. Crowdinvesting and locavesting provide a platform to increase the viability of community based business enterprises. The successful business owners can organize themselves into the next generation of investors and developers as a local investment group.  

Rappers Jay-Z, Nas and Snoop Invest In Free Cryptocurrency & Stock-Trading App

What do Jay-Z, Nasir Jones (also known as Nas), and Snoop Dogg have in common? Aside from being Black Americans, being successful music stars, and having big bank accounts, they are co-investors in the free stock trading app called Robinhood.

Jay-Z’s new venture capital firm Arrive just announced that he will be investing in Robinhood, a free stock trading platform. Jay-Z will be joining Nas and Snoop Dogg who were its big-time backers since 2014.

From its launch in 2013, Robinhood has currently accumulated over 3 million users and is valued at about $1.3 billion.

Last January, the trading service company also announced about Robinhood Crypto which would allow users to trade cryptocurrencies such as Bitcoin and Etherium. Through the app, users can build their portfolios and test the cryptocurrency markets without having to deal with fees or middlemen.

Arrive was launched in early 2017 with the goal to help start-ups with branding, business development, advisory, and capital services to increase growth. It has previously invested in Devialet, a French audio technology company, and InSite Applications, an upcoming location-sharing service.

For more information about the Robinhood app, visit www.robinhood.com

Source

Posted on February 26, 2018 By Staff With 0 comments

Black-Female Serial Entrepreneur Raises over $110 Thousand Through Crowd Investing To Create The first Black-owned Real Estate Crowd Investing Platform In The United States

The JOBS Act of 2012

Crowd investing is being made possible by the Jumpstart Our Business Startups Act, or JOBS Act, a law intended to encourage funding of small businesses and real estate development in the United States by easing many of the country’s securities regulations. It passed with bipartisan support and was signed into law by President Barack Obama on April 5, 2012.  

Crowd Investing for Everyone

On May 16th, 2016 Title III, the regulation crowdfunding act went into effect and the floodgates of capital aggregation have been open to the Black community for the first time in History.  Rodney Sampson, an entrepreneur, educator, and journalist calls “Title III Regulation Crowdfunding the single most important legislation for African-Americans since the Emancipation Proclamation!”

Buy The Block

Crowd investing through Buy The Block allows community members to invest in businesses, residential and commercial real estate with their community peers to build a self-sustained business/investment ecosystem for disenfranchised communities and neighborhoods to build community equity and personal wealth. Buy the Block is the first foray for the Black community into the multibillion-dollar global real estate crowd investing industry as an owner.

Why Crowd Investing

Businesses new and old, small, and large, are now incorporating crowd investing to change the paradigm of urban economic development.  The capital formation playbooks have changed under the weight of the rising tide of “crowd capitalism”. The interest in how to effectively implement crowd investing to is reaching new and dizzying heights every day and Buy the Block is at the forefront of this innovation.

Funding “Black Girl Magic” Through Nail Spas

According to Nielsen Black women have experienced steady growth in income, population, and educational attainment, according to the study. Between 2007 and 2012, Black female entrepreneurs have grown by 67 percent. In education, 64 percent of Black women graduating from high school go straight to college, while 23 percent over the age of 25 have a bachelor’s degree or higher. But On average, black female-led startups raise just $36,000 of outside funding which amounts to 1 percent of VC funding.

Buy The Block intends to transform the relationship between Black female entrepreneurs and access to capital through with their Nail Spa Initiative. Buy The Block is on a mission to fund 12 Black-owned nail spas over the next 12-24 months including the commercial real estate where the spas sit.   

Why does CrowdInvesting matter in this market?

Many inner-city Black communities are retail and food deserts, which means that they lack access to some of the most basic necessities in their communities. These communities have very low Black-owned retail businesses and own even less commercial real estate. Black homeownership is at its lowest level since the 1960’s fair housing laws were enacted, and even though Black start businesses at a high level over 75 percent of them are undercapitalized. The best thing about CrowdInvesting with Buy The Block is that it focuses on solving issues on the inner-city market and allow people to become investors for just $100.  

If you want to find out more about CrowdInvesting or you want to support the 12 Nails Spas initiative, just visit Buy The Block to find all the details and information needed to bring our community project to reality!

JOIN THE MOVEMENT!

Did you join the movement? 

www.buytheblock.com 

Posted on December 13, 2017 By Staff With 0 comments

FIRST BLACK-OWNED REAL ESTATE CROWD INVESTING COMPANY IS SHOWING EVERYONE HOW TO BUY BACK THE BLOCK; BLACK COMMUNITY IS EXCITED

Crowdfund Your Way to the Top!

Little drops of water can run into great pools, and there is power in numbers and these form the premise of crowdinvesting. Recall those charity dinners where lots of money is realized for a good cause because loads of different individuals or organizations contributed their widow’s mite to the coffer? A similar scenario plays out in crowdinvesting. The good part is that the whole process is regulated and backed by laws to protect all the players.

Now, even though crowdinvesting, especially real estate crowdinvesting is a relatively young venture, it has gained many grounds in that short period. Why do you think that is the case? It offers the average person the opportunity to own properties that they would not have been able to hold or sell otherwise. A few years back, you hardly find individuals venturing into real estate, except, of course, the bourgeoisie and the corporate multimillion enterprises. Things have changed since then.

You can make more money, in the long run of course. You get to invest and contribute positively towards the betterment of the lives of numerous people. You would be helping to keep the dream of shelter for ‘all,’ a reality. You would have done something you and your future generation would be proud of for years to come. You can beat your chest in years to come and say ‘yes, I was here,’ in addition to making money.

Although it sounds risky, and it probably is, but come on, what worthy undertaking in life is not fraught with risks? However, as I mentioned previously, the laws and regulators are there to guide and protect you. Besides, BuyTheBlock.com wants to be around in this business for years to come, leading investors like you to greatness.

Own The Block

The real estate investors on BuyTheBlock.com are called BlockVestors, apt right? I love the title myself.

BlockVestors can invest as little as $100 in equity or debt securities. You or anyone else can participate, and you do not need to be accredited.

You pay nothing to register as a BlockVestor. All you need do is register on the website, browse, review any of the available offers, get whatever information you need about the offer with a click, and sign any agreement electronically. Then you purchase your shares whenever it suits you. Social media can be used to publicize the properties you are buying, owning or selling. Very simple right?

Oh, what if you change your mind? There is room for a refund so far as you do that 48 hours before the offer closes. Oh, I almost forgot this tiny piece of information, your returns! This is distributed to all the BlockVestors within the specified period, depending on whether the investment is equity or debt.

Sell The Blocks

You know, there is this freedom associated with Buy The Block kind of crowdinvesting. Another interesting point you should know is that you have the opportunity of becoming a Block Developer at Buy The Block. As such, you can raise $1.07 million for any real estate project and or business that includes real estate over a year period via Buy The Block.

Simple step too, create an online account, provide the property information, followed by some paper works, then after the due diligence protocols and approval you are on your way to becoming a Developer on Buy the Block. Afterwards, you publicize, notify your group of BlockVestors who in turn can invest once the property becomes open for investment.

The whole process is something you can begin once you make up your mind, it does not take much to create your online profile or start block offer.

Offer Categories

Variety is the spice of life. Take a look at the various categories available on Buy The Block.

  • Office category
  • Retail category
  • Industrial category
  • Multi-family residential category and
  • Single-family residential category

No matter your tastes and interests, you are covered. These types, along with the latest offers are beautifully and proudly displayed on BuyTheBlock.com so you can quickly make the right choices.

Why not take that leap of faith? You have nothing to lose really. You can carry out your research on all the other parties involved just to be sure you are at the right place with the proper investment.

Please visit www.buytheblock.com to get all your burning questions answered.

Knowledge is power. Whatever you decide, Buy the Block will work with you every step of the way. If you encounter any problem along the way, they are only a click away. You can also email or call customer care representatives.

Finally, be sure to invest and invest wisely to secure your future and that of many others.

BUY THE BLOCK  A SPACE TO INVEST IN REAL ESTATE WITH YOUR PEERS

Posted on November 22, 2017 By Staff With 0 comments

9 Stерs tо Buу Thе Blосk оnе commercial building оr hоusе аt а tіmе

9 Stерs tо Buу Thе Blосk to оnе commercial building оr hоusе аt а tіmе

Buy The Block is hаs bесоming а vіаblе wау fоr busіnеssеs tо sоlісіt іndіvіduаl іnvеstоrs.

Вuіldіng оr buуіng а hоusе оr а blосk аlоnе іs sоmеhоw dіffісult sіnсе lеndіng іnstіtutіоns аrе mаkіng іt mоrе сhаllеngіng tо gаіn аррrоvаl fоr lоаns, еsресіаllу іn thе саsе оf multірlе hоmеs flірs оссurrіng sіmultаnеоuslу. Buy The Block саn оffеr а quісk аnd раіnlеss wау tо gеt thе mоnеу nееdеd tо buіld оr buу а hоusе оr а blосk, соmрlеtе rеnоvаtіоns аnd оthеr rеаl еstаtе рrојесts. Rеаl еstаtе сrоwdfundіng tоdау оffеrs а unіquе tооl tо соnnесt bоrrоwеrs tо саріtаl frоm all іnvеstоrs, оftеn mіnіmіzіng thе рrеvіоus bаrrіеrs tо sесurе funds fоr rеаl еstаtе dеvеlорmеnt рrојесts. Our рlаtfоrm is thе gаtеwау tо fundіng рrојесts, rеsіdеntіаl аnd соmmеrсіаl, bіg аnd smаll. Тhе fоllоwіng stерs  саn hеlр уоu whеn уоu соnsіdеr buуіng оr buіldіng а hоusе оr а blосk.

Ноw tо сrоwdfund уоur rеаl еstаtе dеаl (buіldіng оr buуіng а hоusе/blосk)

 1) Ѕеlесt аnd vеt а рlаtfоrm

Rаіsіng саріtаl fоr rеаl еstаtе іs muсh еаsіеr whеn іnvеstоrs сhооsе аn еstаblіshеd аnd ехреrіеnсеd рlаtfоrm tо fасіlіtаtе thе рrосеss. Тhеrе аrе mаnу rеаl еstаtе рlаtfоrms аnd еасh оf thеm іs unіquе, аnd sоmе mау bеttеr fіt thаn оthеrs. Rеsеаrсhіng thе vаrіоus рlаtfоrms tо іdеntіfу thеіr strеngths аnd wеаknеssеs іs аn іmроrtаnt fіrst stер fоr іnvеstоrs. Веfоrе уоu рісkuр оr sеlесt а рlаtfоrm, іt’s іmроrtаnt tо knоw thе vаrіоus rеаl еstаtе соmраnіеs thаt hаvе wоrkеd wіth thе рlаtfоrm, thе  kіnd оf tеrms thеу hаvе nеgоtіаtеd аs wеll аs thеіr duе dіlіgеnсе рrосеss. Іt’s аlsо nесеssаrу tо hаvе аn іdеа іf thе рlаtfоrm уоu hаvе сhоsеn knоws аbоut rеаl еstаtе іn wrіtіng аnd hоw muсh іnfоrmаtіоn thеу hаvе рrоvіdеd оn thеіr рrосеss.

2) Маkе surе уоur рrоduсt fіts wіthіn а рlаtfоrm’s раrаmеtеrs

Іt’s іmроrtаnt tо undеrstаnd іf а рlаtfоrm іs fосusеd оn еquіtу vs. dеbt/dеvеlорmеnt vs. vаluе-аdd vs. stаbіlіzеd аssеts / соmmеrсіаl vs. rеsіdеntіаl.

3) Guаrаntееd Fundіng vs. Веst Еffоrts vs. Роstіng Рlаtfоrm?

Іt’s іmроrtаnt tо knоw іf thе рlаtfоrm уоu hаvе сhоsеn іs usіng thе bеst еffоrt fundіng. Тhіs sіmрlу mеаns thаt уоu fіnd оut whеthеr а sроnsоr rесеіvеs whаtеvеr funds аrе rаіsеd оn thаt рlаtfоrm durіng fund rаіsіng оr іf рrе-fundіng іs guаrаntееd, whеrе а рlаtfоrm wіll fund thе іnvеstmеnt іn іts еntіrеtу аnd ореn іt uр tо іndіvіduаl іnvеstоrs аt а lаtеr dаtе. Іt’s аlsо gооd tо knоw whеthеr thе рlаtfоrm асts аs а роstіng рlаtfоrm, wіthоut реrfоrmіng duе dіlіgеnсе оr hаndlіng іnvеstоr rеlаtіоns.

4) Κnоw thе rеgulаtіоns

Whіlе аll рlаtfоrms “сrоwdfund rеаl еstаtе іnvеstmеnt”, nоt аll рlаtfоrms рrоvіdе thе sаmе ассеss tо іnvеstmеnt орроrtunіtіеs.

5) Ѕubmіt аn aррlісаtіоn

Рrоvіdе thе рlаtfоrm wіth іnfоrmаtіоn аbоut thе rеаl еstаtе орроrtunіtу. Тhіs іs nоrmаllу dоnе bу fіllіng thеіr аррlісаtіоn fоrm mауbе vіа оnlіnе. Тhіs wіll еnаblе thеm tо rеvіеw thе орроrtunіtу аnd quісklу bеgіn thе рrосеss.

 6) Gеt  an aррrоvаl

Оnсе уоur аррlісаtіоn hаs bееn аррrоvеd, thе рlаtfоrm wіll nоrmаllу rеquеst fоr іnfоrmаtіоn аbоut уоur рrојесt аnd а bасkgrоund. Тhіs wіll bе usеd tо run а сrеdіt сhесk оn thе рrіnсіраls оf thе sроnsоrіng rеаl еstаtе соmраnу. Fоr еquіtу рrојесts уоu wіll nоrmаllу bе rеquеstеd tо рrоvіdе аnу drаft оf а mеmоrаndum thаt mіght bе аvаіlаblе. Fоr dеbt fіnаnсіngs, thе rеnоvаtіоn рlаn аnd budgеt wіll bе rеquеstеd.

7) Рrераrе аnd submіt аn invеstmеnt pасkаgе

Usіng а сrоwdfundіng рlаtfоrm mеаns ассеssіng аn еnоrmоus nеtwоrk оf іndіvіduаls, рrоfеssіоnаl іnvеstоrs, аnd іnstіtutіоns fоr саріtаl. Тhеу wіll wаnt tо реrfоrm thеіr duе dіlіgеnсе аnd undеrstаnd уоur fіnаnсіаl роsіtіоn. Тrаnsраrеnсу іs kеу. Yоu nееd tо аttrасt іnvеstоrs bу рrеsеntіng thе орроrtunіtу tо thе рlаtfоrm’s ассrеdіtеd іnvеstоr tо gаіn аttеntіоn аnd саріtаl fоr thе рrојесt.

8) Rаіsе Саріtаl

Νоtе thаt еасh іnvеstmеnt орроrtunіtу іs unіquе аnd іt’s dіffісult tо рrеdісt thе tіmе реrіоd tо соmрlеtе fundіng fоr аn іnvеstmеnt орроrtunіtу. Ноwеvеr, dеbt іnvеstmеnts аrе sоmеtіmеs fаstеr, mоst оftеn wіthіn hоurs. Еquіtу іnvеstmеnts tурісаllу tаkе lоngеr tо fund, оftеn fеw wееks.

9) Аррrоvеd Fundіng

Аftеr соmmіtmеnts аnd funds hаvе bееn rаіsеd, thе rеmаіndеr оf thе рrосеss саn tаkе uр tо 5 аddіtіоnаl dауs fоr funds tо сlеаr.

Join The Movement

 

Posted on November 1, 2017 By Staff With 0 comments

Top 5 Mistakes You Can Make While Investing in Real Estate

Top 5 Mistakes You Can Make While Investing in Real Estate

Top 5 Mistakes You Can Make While Investing in Real Estate

Although you can invest in real estate even if you don’t have any experience, here are some things to avoid. Experience is not necessary, but learn as much as you can avoid top 5 mistakes to make. On your journey to wealth, use these tips to reach the very best results.

Here is some insight that will offer you a unique approach. Make sure to prepare yourself to address various issues along the way. It means you can easily make mistakes if you’re not careful. With that in mind, we created a list of errors that you can make so that you can avoid them faster and with much better results.

No research: 
The lack of the investigation is not ok at all. While real estate investment seems rather easy to do, you don’t get to be very successful with it unless you know what you are doing. If you don’t research, results may slow or not be as good as you expect. So, research as much as you can on every single property you view, this type of due diligence will come in handy for sure.

Improper financing:
If you are self-financing your investments, then you don’t have to worry about this. But if you aren’t self-financing, you may want to find a safe and reliable financial opportunity that will help you cover the investment costs. It will be a bit challenging, but with the right lender, enough capital you can get some excellent results in this situation.

Doing everything on your own:
It sounds nice at first, but the reality is that you can always delegate your tasks to other people that are just as vested as you are in the investment world. Remember, a team effort can bring even better results, so keep this in mind.

Paying too much:
The reality is that overpaying is a problem. Lots of new investors tend to pay too much on a property, and thus their chances of making real money from that will be drastically reduced. Thankfully, there are always options. In this case, you have to study the market, understand what’s wrong and make an offer based on what you find to be the market value of the property.

Thinking that expenses are low: 
They can be at times, but expenses can also be very high. You have to understand what real estate investing means, and you have to take your time to study every expense. After all, expenses can quickly add up to some major costs, and you want to avoid such a thing. Take your time and track all the expenditure with the utmost attention, it’s better to be safe than sorry.

Top 5 Mistakes You Can Make While Investing in Real Estate. These are some of the common mistakes that you can make while investing in real estate. It’s paramount to focus on avoiding these problems, the better the results will be in the end!

Join The Movement! 

 

Posted on April 5, 2017 By Staff With 0 comments

Program Is Showing the Black Community how to ‘Buy Back the Block’– One Investment at a Time

Lynn the Founder of Buy The Block

Lynn, Founder of Buy The Block — Program Is Showing the Black Community how to ‘Buy Back the Block’s One Investment at a Time

MEMBERS OF THE BLACK COMMUNITY RALLY TOGETHER TO ‘BUY BACK THE BLOCK’– ONE INVESTMENT AT A TIME

Following the successful creation of ‘Buy The Block’ as well as the passionate contribution of the community towards ensuring that the movement’s goal of raising the sum of $100,000+ is reached.  Lynn is thrilled to announce the highly anticipated launch of their new one-stop online crowd investing real estate investment platform,  2017.

Even though we are not yet there, it is heart-warming to see black people across the U.S., unite as one to embrace and support this unique concept via their continued contribution. With their help, we’ve been able to raise almost $109,000+ an amount we are devoting towards the development of our website, app and buying our first block” said Lynn, CEO at ‘Buy The Block’. In the coming months, contributors will be taking advantage of some excellent features that will take everyone by storm. These unique offerings will be targeting the existing state of affairs and bringing a breath of fresh air to the industry.

Suffice it to say that ‘Buy The Block’ aim to lead sponsors and developers in a significant number of investor’s projects if not all. This major factor in their operation distinguishes them from other crowd investing platforms.  While loads of their competitors only handle third-party sponsored projects and front as mediators through the provision of technology to execute funding for outsourcing deal. Buy The Block has been able to carve a niche for itself by putting their money where their mouth is and spearheading their project development with the help of their in-house Block Development Success Managers.

Doing this has helped us to reduce risks to the barest minimum and increase investors’ returns. Furthermore, through the creation of a personalized portal per investor, we furnish each of them with frequent real-time investment updates.  Our process will help us to earn their confidence without hassles.”  With a team of sound and highly respected professionals, Buy The Block is on a mission to change the face of crowd investing real estate. By keeping each investor informed through the provision of regular updates, the company continues to endear itself into the heart of investors.

“We have a blueprint of what works, and it will produce results. We are here to stay and lead the way by making real investing easier than ever” Lynn concluded.  Buy The Block was live on Saturday, June 17th, 2017 (Juneteenth)! Visit our Facebook page for more details.

Buy The Block goal was 500 members, we now have 450+!  Way to go!

Join The Movement

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Contact:
Buy The Block
Email: info@buytheblock.com
URL: https://www.buytheblock.com

Posted on February 23, 2017 By Staff With 73 comments

PROGRAM SHOWS BLACK ENTREPRENEURS HOW TO “BUY THE BLOCK” — MAKING REAL INVESTING EASIER THAN EVER

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Visit buytheblock.org for more information.

Having successfully launched Buy Black Economics (the World’s Largest Digital Info Product Store dedicated to Black Businesses) as well as numerous other ventures, Lynn Da is excited to announce the creation of Buy The Block, an initiative that will allow individuals and groups to pool funds, share knowledge, and vote on properties in which to invest!

As the name suggests, Buy The Block is a web-based platform that is geared towards making investing in real estate easier. It presents an opportunity to invest with other connected investors and provides the added benefit of giving each investor individual ownership in the block.

Buy The Block is currently crowdfunding to take its operations to the next phase, through the development and deployment of a website, mobile app and buying the first block. To join the movement, click here: https://buytheblock.com/

With a good number of black Americans lacking access to viable real estate investment opportunities, Lynn views Buy The Block as the most logical step towards becoming better real estate investors/owners. Once adequately capitalized, the website and mobile app will empower users to start investing, having fun, and building wealth; as a vibrant and interconnected community.

“Buy The Block has been created to help my people invest. Our vision is to change investing from confusing and frustrating, to an accessible and enjoyable social experience,” said Lynn, concept developer for Buy The Block. “We want to create a new generation of connected investors who feel informed, empowered, and confident. The launch of our website and mobile app will certainly take group investing to a whole new level,” Lynn added.

Since 2010, Lynn has created an array of notable projects such as BBNomics.com (a black business crowdfunding site), 2MillionJobs.com (a black business jobs initiative), and Buy Black Economics Investment Group.

Buy The Block is the most recent social marketing concept from of the Cincinnati-based female entrepreneur. With less than a month left to raise $60,000 to $100,000 for the website and mobile app development–Lynn is confident that the community will unite to fully support this effort!

“Ultimately, by making a contribution to this campaign, you are helping Buy The Block reach the goal of creating a platform for our community to acquire and develop real estate” Lynn Da concluded.

For more information or to make a pledge go to https://buytheblock.com/ .

Find Buy The Block on Facebook (facebook.com/buytheblock/), Website ( http://www.buytheblock.com/), Twitter (twitter.com/buytheblocknow) and YouTube (youtube.com/channel/UCCyowx8NEZsiXAZA6u7HeUg), watch the video (https://youtu.be/K6zLbx0pu94)

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PROGRAM SHOWS BLACK ENTREPRENEURS HOW TO “BUY THE BLOCK” — MAKING REAL INVESTING EASIER THAN EVER

Posted on November 4, 2016 By Staff With 63 comments

BBE INVESTMENT GROUP

BBE INVESTMENT GROUP

“Our mission at Buy Black Economic Investment Group (BBEIG) is to provide valuable educational experiences that promote and sustain interest in investment portfolios. Through the acquisition of resources, continuous education, sharing of information, and hands-on experiences, members will develop meaningful relationships with the financial community aimed at building economic stability. Managing real dollar investments, members learn about important aspects of finance and investing with a long-term perspective, while developing strong leadership skills.

The primary aspiration of BBEIG is to increase the financial knowledge and wealth of our members, building a body of interested individuals who are committed to creating economic prosperity, social integrity, and accountability for the group and facilitate rebuilding the Black community.”
BBE Investment Group, LLC, is a strategic global asset management. Our company is built around an investment approach we describe as the backbone of black communities.  Our unique investment process is focused on outcome-based results that may be aligned with your personal investment goals. BBEIG is “the Asset Manager with Black People & Community in Mind,” clearly communicating the rationale for each trading decision with you and your financial adviser.

With a minimum investment of $35 per month, you too can invest in businesses, IPO’s, stocks & much more…, but you must join us!  BBEIG is a group of fewer than 100 people who meet for investing; we meet periodically to make investment decisions as a group through a voting process, recording of minutes, or gather information and perform investment transactions as a group.

So, if we’ve piqued your interest and you’d like to get the skinny on what it takes to join/take part in an investment club/group; you’re in the right place. There is some commitment involved to join BBEIG, but if you follow these easy steps, you will be on your way to joining the largest investment group in no time!

First, register for the next webinar. We meet the 1st Monday of every month. Or visit our website to contact us http://bbeinvestmentgroup.com/. 

Posted on September 24, 2015 By Staff