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ABC’s of Local Investing for Real Estate
October 18, 2021 @ 6:00 pm - 8:00 pm EDTFree
Do you want to learn how grassroots crowdfunded investment in real estate can help shape your community’s future? People interested in safeguarding affordable housing, commercial space, and artists’ live/workspace are increasingly relying on local property ownership to have a greater chance of success.
Through local investing, you can support your community and earn a decent return. The good news is that the options for local investing in Baltimore are fast expanding. And you don’t need to be wealthy to invest.
The class will answer such questions as:
• How to get started in investing in local real estate projects
• How to use grassroots crowdfunded investing to support real estate acquisition and rehabilitation
• How to find promising local real estate projects in which to invest and how to evaluate the options (for risk, return, etc.)
This is an entry-level workshop, designed for people with little to no background in investing. It is focused on explaining investment crowdfunding and other tools for local investment. We will also hear briefly about Invest York Road– a new initiative right here in Baltimore that will enable community members to make small investments into a community-controlled fund that will buy, redevelop, and maintain permanent control of commercial property along the York Road Corridor.
There is no charge for the workshops, but registration is required.
Doors open at 6, and the workshop (including time for Q&A) will last from 6:30-7:30. Mingle with friends and like-minded individuals and enjoy lite refreshments before and after the workshop.
The workshop will be led by Michael Shuman and Stephanie Geller.
Michael Shuman is a renowned economist, attorney, author, entrepreneur, and Director of Local Economy Programs for Neighborhood Associates. He is the author of five books on local economies, including most recently Put Your Money Where Your Life Is.
Stephanie Geller is the Founder and Director of Community Wealth Builders. She has been working on the ground in Baltimore for over the past eight years to foster an ecosystem more supportive of community wealth building models and local-, minority-, and cooperatively-owned businesses.
The class is brought to you by the Market Center Community Development Corporation and Community Wealth Builders, thanks to grants from the Abell Foundation and T. Rowe Price Foundation. Community Wealth Builders runs the Maryland Neighborhood Exchange, the first community-based platform designed to facilitate local investing on federally licensed grassroots investment crowdfunding sites. The Exchange prepares Maryland businesses to seek capital via investment crowdfunding, and it helps these businesses mobilize their customers, fans, and other interested Maryland residents to step forward and invest.
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