How Jilliene Helman brought crowdsourcing to real estate investment
When I was 17 years old, I saved up $20,000 from all the little jobs that I had, all the little businesses. I remember hearing that real estate was how you made it big, how you preserved wealth and grew it. So, I said, “Great, I’m going to get into real estate.” I started reading all these real estate books. I started looking around at real estate that was available–nothing great, I only had $20,000. But I was looking. I didn’t know how to even get it going. I didn’t know how to get started.
Well, today’s guest started a company for people like me, maybe a little bit older with more money. The idea behind RealtyMogul is you can team up with other investors and buy property together and actually get your returns. And those returns will come via email that actually says, “You’ve got money,” which is pretty cool. I want to understand how this business works and how she got it where it is today. So, I invited her on to talk about it.
We’re talking to Jilliene Helman. She is the cofounder of RealtyMogul, a marketplace for accredited investors to pool their money together online to buy shares of real estate investment properties.
Jilliene Helman is the cofounder of RealtyMogul, a marketplace for accredited investors to pool their money together online to buy shares of real estate investment properties.
Andrew: Hey, everyone. My name is Andrew Warner. I’m the founder of Mixergy.com. It’s the place where I interview entrepreneurs about how they built their businesses.
My goal here is to drill in deep to understand exactly where the idea came from, how they built up their business by finding their first customers, what are some of the challenges as they built up and I’ve done this over a thousand times and I don’t think I’ve ever interviewed a company like this.
When I was I think 17 years old, I saved up $20,000 from all the little jobs that I had, all the little businesses. I remember hearing that real estate was how you made it big, how you preserved wealth and grew it. So, I said, “Great, I’m going to get into real estate.” I started reading all these real estate books. I started looking around at real estate that was available–nothing great, I only had $20,000. But I was looking. I didn’t know how to...
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