The world of real estate has long been one involving protracted procedures in raising capital, acquiring property, and monitoring the property's economic growth. All of these steps normally require separate actions in order to make a real estate investment successful, not including landlord duties.
Jilliene Helman, founder and CEO of Realty Mogul, is one who's made every step easier through her startup. Recently, she was named Fintech Woman of the Year at the first annual LendIt Industry Awards. This award was particularly notable because thirty industry expert judges chose her among a field of six leading Fintech pioneers.
It's a major push for Helman's Realty Mogul site, which has already changed the way people deal in real estate.
With the company being a graduate of our LA Founder Institute, we want you to see the exciting future path for this notable startup.
The Experience of Jilliene Helman
Realty Mogul opened five years ago, yet managed to exponentially disrupt commercial real estate investing. The point of the site is to help first-time and seasoned investors connect with other real estate experts to invest in a new way.
It's certainly worked. Helman has funded $260M in real estate transactions to date without any losses.
Obviously, Helman recognized an untapped market, and her background helped in bringing success. After working as a Vice President at Union Bank and underwriting over $5 billion in real estate, her credentials are top shelf.
She's surrounded herself with similar major players in the industry like Steve Ozonian (former CEO of Realtor.com), as well as Megan Goodfellow, a former chief underwriter of CMBS group at J.P. Morgan Chase.
What Sets Realty Mogul Apart
While certainly not the only real estate crowdfunding site out there, Helman's company formed a more pristine track record on deals. Some of their competitors include Fundrise and RealtyShares as just two, though Realty Mogul is more open to first-time investors.
They let you invest as little as $1,000 in any real estate venture posted on their site. All of these properties are properly vetted by the team so you know the investment isn't a risk.
It's simplified further by letting you invest what you can and reaping financial benefits without direct property ownership. You're paid through cash distributions generated from income and appreciation of the properties.
Open to All Target Investors
Another standout for Realty Mogul is its ability to let any investor take part, something beginning last August with a branded commercial real estate fund. Named MogulREIT I, it opened considerable benefits to any investor while gaining access to a diversified pool of commercial real estate through one single investment.
Thanks to this more simplified REIT approach and lower fees, you can see why Helman's company has become so popular with all real estate buyers.
So what kind of future lies ahead after experiencing a promising last five years?
The Future Outlook for Realty Mogul
When you look on their website, they speak for themselves when it comes to why they'll have considerable staying power for years to come. The entire team has over 200 years of collective real estate experience, and $5 billion in overall real estate deals. Plus, they don't take high risks with only well-leased properties and high cash flows.
They also use data wisely, investing $1 million to thoroughly vet all properties they acquire. Plus, all their investor experts are available by phone to talk to if you have questions.
Their most recent funding was $35 million back in 2015 from Sorenson Capital, but the above new award for Helman places them in the immediate forefront. For busy people who like diverse real estate investing, yet don't want to become landlords, Realty Mogul is going to maintain a strong customer base into the coming decades.