Money might not grow on trees, but funding portal Patch of Land may have invented the closest thing to it…

Whether looking to grow your real estate investments with access to attractive capital, or boost your yields with passive income investments, this is one patch of the web worth checking out.

Named one of Entrepreneur magazine’s ‘100 brilliant companies of 2015’, Patch of Land brings a unique twist to real estate lending and crowdfunding, and the proof is in the performance.

< Pioneering Win-Wins >

While peer-to-peer lending, and crowdfunding has been catching plenty of media attention, it hasn’t always been a walk in the park for fundraisers and funders. Until now the two main challenges have been the amount of work required for project promoters, without any guarantee of funding. And then a lack of track record, and organization to base investment decisions on for those looking to put their capital to work.
Recently, Patch of Land co-founder and CEO Jason Fritton provided a new perspective on how Patch has created a new model of peer to real estate lending.
There are two things which really separate this platform from everything else on the landscape:

1.  Patch offers ‘Pre-funding’, gives you your loan, and then raises funds from the crowd
2.  Patch works together with institutional lenders instead of trying to replace them

This creates a true hybrid where “real estate, finance, and technology, converge.” The startup that Fritton describes as a “tech and efficiency company” shares some threads with other peer-to-peer, online mortgage lending, and crowdfunding sites. These are that real estate fundraisers bring their projects, which are ultimately financed by the crowd. It is the execution that stands out.

Fritton highlights that his company is the “first in market to directly secure fractional investors in real estate loans.” That means Patch of Land underwrites, and gives real estate investors and professionals the funding under the supervision of SVP of Underwriting & Acquisitions Douglas Cochrane. Then Patch of Land opens up the opportunity to a range of individual accredited investors and institutional lenders.

Now operating in 25 states, and with over $600M per month in funding requests the company is able to offer retail investors, hedge funds, regional and “community banks the yields they really want, along with efficiency in origination.”

In fact, Jason explains that this enables these capital sources the freedom to participate in deals they could not do directly, while permitting more common sense underwriting of deals.

Operating under SEC Rule 506(c) of Regulation D, this connector empowers those with projects to raise money cost-effectively without all the marketing and substantial filing expenses of going it alone. All while delivering the due diligence investors need and crave. As of September 25th, 2015 Patch of Land had a solid track record of performance, with no principal or interest losses.

< The Secret Sauce >

Fritton explains that a great deal of the success has come from “the privilege to hire experts in all areas,” to grow the California based Patch of Land team. The founding and executive team now spans a wealth of technology expertise, lending professionals with billions in transactions under their belt, along with an entrepreneurial marketing team with experience in organizations like Disney. Silicon Valley appears very bullish on investing in ‘The Patch’ too, with a successful, oversubscribed Series A round of funding topping $23M, achieved in early 2015.

So far Patch of Land has perhaps been most well-known for funding single family deals, but Jason tells us they have recently funded a Ramada flagged hotel, office, and retail buildings, and are testing moving into new construction financing.

Whether you’ve got deals that need funding, or capital that deserves higher yields, Fritton says “give us a try, and come grow with us!”

More details, statistics on past performance, and online tools can be found at PatchofLand.com.

– Exclusive interview by Tim Hougten for Realty411 Magazine

Real Wealth Network founders, Rich and Kathy Fettke, help others create freedom with high cashflow rental properties.  Nearly 18,000 investors in the Real Wealth Network have discovered a new approach to achieving wealth. What are they doing differently?

Kathy Fettke and her husband, Rich, were shocked when Rich was diagnosed with melanoma 13 years ago. What do you do when you become keenly aware that you may not have much time?

When it appears that mounting medical bills are inevitable? When you eagerly want to provide for your family? When every moment counts?

Rich and Kathy embarked on an urgent mission to learn from the most successful,put their income on autopilot, and build real wealth, while freeing up as much time as possible to really enjoy every moment of life.

They did it. As they began sharing the financial tools and tactics they discovered, the Real Wealth Network was born.

The Proof is in the Data
    Today the Real Wealth Network boasts:
• 12 years in business
• 487 educational webinars given
• 18,848 Real Wealth Network Members
• $132M in assets acquired

Real Wealth, Beyond the Balance Sheet…

The Fettkes quickly learned from the self-made millionaires they interviewed that passive income investment in real estate was the way to go. They took massive action, refinanced their home, and invested in 14 rental properties.

Yet, the financial surplus this created still fails to compare with the real wealth that Kathy and Rich are experiencing in their lives now. Kathy explains “we now know what it is like to be able to take a month off and travel to Europe with the family, attend our kid’s most important events, and to hit the beach to go surfing whenever the waves are good.” Now completely location independent the family is frequently able to jet off to their favorite vacation spots in “Malibu, California, Esterillos Oeste, Costa Rica, and the Swiss Alps.”

It’s not just about gaining wealth, or fun in the sun, or on the slopes either. Their new found wealth and freedom is enabling Rich and Kathy to give more, share more, and follow their passion for helping others more than ever before too. Kathy tells Realty411 Magazine that her favorite charities and causes to support today include; “Operation Smile for saving children’s lives, Amor for building houses in Mexico, and Mentors International for helping families achieve sustainability.”

Still, there is no denying that Real Wealth Network continues to be one of the most meaningful and impactful missions Kathy and Rich invest their time, hearts and souls into. This is their gift to others from what they have learned, and that they hope empowers tens of thousands more to realize the same Real Wealth that they are enjoying.

Innovating, Disrupting, and Democratizing Wealth through Real Estate Investment

Kathy Fettke was honored as one of the ‘100 Most Intriguing Entrepreneurs’ by Goldman Sachs at the Builders and Innovators Summit. She is frequently seen in the media via CNN and Fox News, is the host of The Real Wealth Show, and has become a bestselling author.

This success is built on a refreshing approach to wealth building education, and a dedication to quality real estate investment opportunities.

The network offers a wealth of resources from live events and webinars to market research, access to wholesale investment opportunities, and a pre-screened network of industry professionals. Yet, what really stands out is the Real Wealth Network Academy with free basic membership and an upgraded version for just $97 per month. That barely registers on the meter when compared to other escalating programs out there that can charge north of $40,000 for similar information. So how can they afford to do that?

Kathy says: “We believe people should be investing their money in property, not expensive, outdated bootcamps they don’t need and won’t use. We have worked out a deal with our Academy speakers: we give the top CPA’s, attorneys, insurance agents, and property managers exposure to our large network, in trade for their education and resources. We charge a nominal $97/month to pay for the administrative costs, video crews, and a small profit. That small profit has us “walking the talk,” modeling passive income strategies. Like everything we do at Real Wealth Network, we barely mark up our products and services, but rather sustain ourselves from volume. We pride ourselves in offering higher quality education than any other real estate program for an affordable price. That adds up when thousands of people have signed up and end up receiving more value than they expected.”

Key to their wealth building philosophy is turnkey real estate investment for passive income. While turnkey real estate investing has been the go-to solution for wealthy and sophisticated investors in Europe for decades, it is still relatively young in the United States. This means many novice, and inexperienced operators attempting their hand at it. In contrast; the Fettkes’ have been doing this for 12 years, and have strived to constantly set the standard.   

Kathy explains their approach to ensuring sustainability and excellence includes:
• Rigorous screening and vetting of property managers
• Recruiting a Six Sigma Black Belt to oversee quality control
• Only using licensed and bonded contractors
• Independent inspections
• Renovating to a superior like-new standard
• Maintaining 6 to 12 months capital reserves for each property

Kathy Fettke’s bestselling book, “Retire Rich with Rentals, How to Enjoy on-Going Cash Flow from Real Estate so You Don’t Have to Work Forever,” can be purchased on Amazon.   Learn more about these strategies online, simply visit www.RealWealthNetwork.com where you’ll get access to live events, free educational webinars, property tours, a list of highly-rated property managers nationwide and much more.