Ep 49 - In this episode, we have Vontenea Stokes is the CEO & Co-Founder of Secure Living, a financially regulated real estate funding platform. The company’s mission is to make real estate investing more affordable and accessible to the average household; while at the same time, providing alternative funding to real estate professionals. As a real estate investor, she experienced firsthand the challenges of getting started with real estate and acquiring the capital to do so. Vontenea recently ditched her comfy 9-5 to focus all her energy on creating more equitable investment opportunities for the average person. This year, Secure Living became registered with the SEC and is a member of FINRA. Vontenea has a background in marketing and communications and has managed multi-million-dollar product assortments. This experience supports her in managing and facilitating the capital raise for real estate deals on Secure Living’s website. FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/microfamilymavericks [00:00 - 20:13] The importance of understanding the legalities and regulations behind offering real estate investment opportunities
- The background and current work of Von Stokes, CEO of Secure Living, a real estate focused funding portal that helps real estate professionals and investors find capital through individual investments or crowdfunding methods
- The mission of affordability and accessibility in real estate investing, and how Secure Living helps make it possible for the average person to invest in real estate
- The personal story of Von Stokes' journey into real estate investing, starting with a family-funded investment shortly after college that paid off his student loans and led to the creation of Secure Living \
[20:14 - 30:38] The crowdfunding platform supports both debt and equity opportunities
- The platform is flexible and allows for the issuer to choose the type of security that fits their company best (debt, equity, profit sharing, convertible notes)
- Convertible notes allow for debt to be converted into equity at a specified time in the future
- The operator specifies the type of security in the beginning but for convertible notes, the individual investor has the option to convert the debt into equity at the specified time
[30:39 - 37:57] Real estate securities and crowdfunding
- They are currently in a phase of relationship building, reaching out to potential investors and sponsors
- They mention that with crowdfunding, they are able to raise funds from non-accredited investors and advertise publicly, whereas with traditional funds and syndications, only accredited investors can participate and it is not publicly advertised
- They mention that when registering on their website, there is a requirement to indicate whether the individual is accredited or not, with different investment limits for each
[37:58 - 45:18] Closing Segment
- The final questions
- Investment strategy should be scalable
- You need to be healthy and insane enough to, to do something with it
- Wealth is generational. Having something that you can pass down, having a solid foundation
- What’s next for Vontenea?
Key Quotes “So we don't show favoritism, one or the other.” - Vontenea Stokes “Wealth takes on a lot of different facets.” - Vontenea Stokes Connect with Vontenea Stokes through
securelivingrei.com. Follow her on
Instagram,
Facebook,...