“I submit my offering to the SEC beforehand, and they review it and clear it,” explained Ben Miller, standing in the shell of a crowdfunded building on D.C.’s H Street NE, a transitional neighborhood on the outskirts of Capitol Hill. “We’re then allowed to let everyone invest. You don’t have to be accredited, and it really fully democratizes the investment in our city.”

Fundrise raises money from hundreds of locals, who invested on average $1,000 each. In return, the investors get an ownership share of the building, as well as a percentage of the income from rent and appreciation. They can also get perks, like discounts at merchants in the buildings. Miller is turning the H Street building into what he hopes will be a popular new restaurant, market and bar on a street where flashy new eateries and boutiques are sprouting from empty lots and boarded up buildings.

(Read more: Crowdfunding for medical devices hits Web)

“The public will help you build your real estate, but actually over time you realize that the public is an incredible partner, is an incredible asset. You democratize an investment in real estate, not only do you get capital, you actually get a social power that wasn’t possible before,” said Miller.

Now that the rules against marketing to investors are gone, Fundrise and others like it can solicit funds far more easily. Owning a part of a building can now be just a click away. In fact, the Miller brothers have already shifted the focus of their business from real estate development to a web platform that will help others use crowdfunding for real estate.

Article source: http://www.cnbc.com/id/101054808

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Stokley Properties Inc., a Bay Area property management group that serves the Concord, San Ramon, Oakland, Brentwood, Martinez and Bay areas, is offering important tips for real estate owners who are searching to rent or sell properties.

This has always been the case for as long as Stokley Properties Inc. has been in business but is perhaps more important today than ever before. The reason is because the market is so competitive in the current economic state, and people and business are looking at how to make the most for the least amount of expense. In this vein, Stokley Properties property management is currently offering the following tips for real estate owners:

For more information about Stokley Properties Inc., call 925-658-1415, view the company on the web at http://www.stokleypropertieseastbay.net or visit 1630 North Main St., Suite 54, in Walnut Creek.

About Stokley Properties Inc.

The Walnut Creek company, Stokley Properties, provides complete property management services throughout the greater San Francisco East Bay Area, including Concord, San Ramon, the Bay Area, Brentwood, Martinez and Oakland. They provide professional real estate investment advice to enable clients to make well-informed decisions. Services include advertising and marketing, residential screening, leasing and retention management, property inspections and more.

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Article source: http://www.prweb.com/releases/property-management/bay-area/prweb9348757.htm