Mogul Club Raises $3.6 Million to Make Real Estate Investing Easier

So, there's this startup called Mogul Club, and they're all about helping regular folks like you and me get into the world of real estate investing. You know how owning rental properties can sound like a great idea, but it often feels like something only rich people can do? Well, Mogul Club is trying to change that.

They're not the only ones on this mission, though. There are a bunch of other startups with the same goal, like Arrived, Fintor, and Fractional. But Mogul Club is special in a couple of ways.

First, they use something called blockchain technology for their real estate investment platform. It might sound a bit fancy, but it basically makes everything work more efficiently. And second, the people who started this company used to work at Goldman Sachs, a big finance company. That means they know a lot about picking the right properties that can make you more money.

Mogul Club recently got a bunch of money, $3.6 million to be exact, from investors. They're also about to launch their platform to the public, which is pretty exciting. The cool thing is, they don't just put any property on their platform. They're very picky and do a lot of research to make sure the properties they offer are top-notch.

In fact, less than 1% of the properties they check out actually make it onto their platform. That shows how choosy they are. And it seems like their strategy is working because one of the properties they recently sold made a 34% profit in just two years, and another property they got appraised for way more than they bought it for, only two months after getting it. So, Mogul Club is all about helping regular people get into real estate investing and find the best deals.