Relli is Positioning Itself as "The Stock Market of Real Estate"

Hey, I'd like to welcome you to another episode of mission matters. My name is Adam Torres. And if you'd like to apply to be a guest in the show, just head on over to mission matters. com and click on be our guest to apply. All right. So did I have more Milo on the line and he's a founder and CEO over at Reli. More welcome to the show. Thank you so much for having me excited to be here. Adam. All right, more. So rally is a position in itself as the stock market of real estate. So I'm excited to get into that and learn more about rally. But I guess just to get us kicked off. We'll start this episode the way that we start them all with what we like to call our mission matters minute. So more at Mission Matters. Our aim and our goal is to amplify stories for entrepreneurs, executives, and experts. And that's what we're doing day in and day out. More what mission matters to you? Our mission, my mission, the mission that matters to me is finding ways to level the playing field for average Joes. As an immigrant in this country, someone who came to this country at four months old from a completely different country and watched my parents grow and start to understand what the American dream looks like. It's always been part of my mission to find ways where I can give back to average Joe's and help. Level that playing field so that we can keep that American dream alive, man. That's awesome I love bringing mission based individuals on the show to share You know why they do what they do how they're doing it and what we can all learn so that we can all grow together So great great to have you on and I guess just to get us kicked off here. You know, we're talking about real estate today Where did you before rally before all of that? Like when did you get into real estate like when'd you catch the bug? So, you know, interestingly enough, I've I've Been part of a family that has dabbled in real estate and long term investing and watching my parents growing up. They bought a couple of properties here and there again, immigrants doing it the immigrant way, coming into the country, working their butts off, putting some money in their savings, living a frugal life, and then taking those dollars and investing them into real estate assets that they can turn into passive income. And I watched my parents growing up just how they did it and how they grew into a few properties. And then a few more. And funny enough, the biggest reason why we're here is because of that story. We, we got an opportunity to see how difficult it was to be a landlord, to, to deal with just building real estate, managing real estate, managing tenant, and that was part of the journey to, to get to where we are, to why we've decided to democratize this beautiful investment strategy that has become a little unattainable in today's market. Yeah When when did you when did like how did rally come about like was it a progression? Was it one of those aha moments like like how the concept for the platform come about? so I have one right hand business partner who's been a my ride or die for the last seven years and we've Gone through a few different projects together and we've dealt with you know Projects that have failed projects that were semi successful And we got to a point where it was me me and him against the world and we said, you know what? You What's important to us? And for us, we looked at our financial planning and said, okay, what type of assets do we currently have? Between the two of us, we'd like to invest in stocks. We love cryptocurrencies. We love learning about finance, finding ways to become successful through investing. And the next step for us in our, in our, in our journey of becoming an investor was to go and purchase real estate. And at the point in time that we were at in our lives, we said, okay, well, you know, we just came out of a failed business. We're a little light on cash. How can we invest in real estate today? So we started doing some research, like, okay, well, where can someone like me and like an average Joe go in and put 500, whatever, into some form of real estate where they can get a piece of the action on the rental incomes and a piece of the action on the profit. And there were a few options out there, but nothing that was really inclusive that could bring everyone across the country together to invest in real estate. So we said, you know what? Let's build it ourselves. So we've now been in this game for give or take two years, and we've come to a wonderful crossroads where we're about to launch our platform, where we're going to have the ability for retail investors like Average Joe's, me and you, can invest as little as 100 into a piece of real estate. And what we're building is the stock market of real estate. And so what makes this prep platform a little different than maybe some of the other fractionalized like programs out there? Like, what makes this unique? Yeah. So the, I think what really comes across in the s

Mission Matters Business Podcast with Adam Torres