REI Wealth Monthly Issue 10 | Page 19

INTERVIEW WITH NAV ATHWAL, REALTYSHARES CO-FOUNDER NOLAND ARARACAP deal flow and have very few ways to invest in ment opportunity that makes sense for our investors. real estate outside the publicly traded REIT We market. background and credit checks, personal reference With the rise of online investment pre-vet each Investment Manager through platforms like E-Trade and Scottrade, we knew checks and a review of their financials. there had to be an easier way to connect carefully curate and underwrite the investors interested in diversifying into real property. estate with Investment Managers looking to reviewing a BPO or Appraisal, reviewing sales and raise capital for great deals. That is why we market data for the specific geography, reviewing created RealtyShares. historical trends, vacancy rates, cap rates, and the This underwriting We also investment process includes like. As a result of this vetting process, on average Who locates the investment only 2% of Investment Managers that apply to raise opportunities? capital through RealtyShares are actually given an opportunity to do so. The investment opportunity is brought to us by a third party that we call the “Investment Manager”. The process starts with the Investment Manager submitting a short application What is the background of individuals evaluating the real estate opportunities? through the RealtyShares Platform that can be found here: http://realtyshares.com/raise-capital. We then review the application to determine whether the investment opportunity presented by the Manager makes sense for our Investor Community. Our In-House Underwriting Team utilizes proprietary due diligence methods and handles all of the investment vetting and curating. We also have our Investment Committee review some of the investment opportunities and give the thumbs up or thumbs down. Our investment committee consists of experienced We’re looking for strong management teams, with a good investment strategy and an invest- real estate professionals with decades of experience underwriting and investing in real estate.