Launched in January of this year, Rich-Uncles.com has crested $1,000,000 in shares sold via its innovative Real Estate Crowdfunding Platform
Rich-Uncles.com declared today a second quarter, 2014 dividend payable to Shareholders of record as of June 30, 2014 equal to 1.875%, or an annualized 7.5%.
Rich-Uncles.com is a real estate Crowdfunding platform that provides commercial real estate investment access to everyone. For the first time, smaller investors can enjoy the benefits of owning income producing properties – an investment opportunity that historically has been reserved for financial institutions and millionaires.
“Our goal at Rich-Uncles.com is to provide a consistent and reliable real estate-derived dividend yield to middle class America” explained Harold Hofer, Chief Executive Officer. “For $5,000, the average American can now own commercial real estate. There is a reason that smart, wealthy people have always included real estate in their investment portfolios – now it’s the small guy’s turn.”
Maura McEveety, a Rich-Uncles.com investor from Huntington Beach, CA explains: “Investing with you was smarter than trying to buy real estate myself. My friend just spent $450,000 purchasing a rental home and receives $32,000 per year in rent, but she has to pay taxes, insurance, maintenance, and deal with problem tenants. Interestingly, $450,000 invested with Rich-Uncles pays the same $32,000 year with no expenses or problem tenants. Investing with you was a much better deal.”
Rich-Uncles.com purchases properties occupied by nationally known tenants subject to long-term leases. “Our investors are looking for a safe, consistent investment return” said Hofer. “Much of corporate America has made the decision to lease, rather than own, real estate. Rich-Uncles.com acts as a conduit delivering corporate America’s rental payments to Middle America’s pocket books and retirement accounts.”
Rich-Uncles.com is a division of Nexregen, LLC. Nexregen is the Advisor to Nexregen Real Estate Investment Trust I, a REIT whose shares are available for sale to the public in the State of California via the Rich-Uncles.com real estate Crowdfunding platform, pursuant to a Permit issued by the California Department of Business Oversight. Within the United States, a prospective Nexregen REIT I investor must be a resident of the State of California and either earn $75,000 per year or have a net worth of $250,000 (excluding primary residence). Shares in Nexregen REIT I sold outside of the United States are subject to foreign securities laws.
Rich-Uncles.com believes that it is the largest on-line Crowdfunding platform exclusively marketing real estate investment interests to smaller, non-accredited investors.
Rich-Uncles.com – Real Estate Investing for the Rest of Us