Episode #55: Real estate crowdfunding with Republic Cityfunds

The Millionacres Podcast

Sep 8 2021 • 41 mins

Crowdfunding investment platform Republic is partnering with real estate platform Nada to open the door of some of America's top cities to the average person through Cityfunds. Cityfunds will make it possible for anyone living anywhere to invest in a single city's real estate market. In this episode we explore the concept in detail.


0:00 Intro

1:21 What is Republic seeing in crowdfunding right now?

3:03 Increase in sponsor interest

4:04 The impact of accreditation on crowdfunding

7:32 Rise of mobile platforms for crowdfunding

9:15 Role of crypto in real estate

11:47 Increased adoption of bitcoin

18:44 What are Cityfunds?

20:47 Partnership between Republic and Nada Homes

22:18 How did you choose your first cities?

23:12 The buzz around Austin

24:05 Challenges of buying in a hot market

25:16 What cities are you looking at next?

26:16 Evolution of the Cityfunds strategy

27:50 Buying and selling within Cityfunds

28:28 A secondary market for selling shares?

29:44 Diversifying across cities

31:09 Investing within specific neighborhoods

33:08 How should investors be thinking about with their investment in Cityfunds?

35:15 Limits on investing

35:41 How do you open a new market?

36:46 How long does it take for the Cityfund to ramp up?

37:24 What happens once the fund closes?

38:31 Long-term goals for Cityfunds