One thing I noticed missing (or I couldn't find it), is some kind of overview of how much money you need and where it's going.
I've written it a few different ways and places and none of them have really looked appealing (emotionally and graphically, not financially) so I'm not pushing them very hard. Here's another draft attempt that might make it onto the front page of the site once I get a graphic designer to prettify it and put a few more of our backup properties on it:
https://i.imgur.com/tskB3Vt.png
Somewhat buried it says you want to raise $500k and then expect to be able to borrow another $500k, and then get a mortgage. I guess a big question is how much is the property going to sell for, or being listed for?
Two parcels, one 50 acres with all the buildings, one 150 acres with most of the big open space. Respectively assessed at $12M and $5M respectively, listed for $6.5M and $2M ($8M together). Similar properties (in other markets) have been selling for 1/4 to 1/2 their asking price over the last 6-18 months, so I anticipate offering $3-5M after we get more insight into the property condition from inspectors and contractors.
Do you have a cashflow example, for once it's up and running?
In short, I expect to have $34-50k/mo available to repay investors and lenders after the crowd investing revenue share is paid off during year two, less during year one.
