Unregulated ‘crowdfunding’ a risky property play

A recent article on the ABC website – “Share by share: Crowdfunding offers new opportunities for Australian property investors” highlights some of the new alternative ways to invest in property in Australia. Certainly the opportunity to invest in a ‘crowdfunding’ venture is an attractive one for active investors with an affinity for residential property, particularly with the ability to avoid taking on a new mortgage, raising yet another deposit, perhaps accessing equity from your existing home and of course dealing with both real-estate sales agents, and property managers.