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