Thanks for your interest in our project! It’s going to get mighty exciting very soon and I’m glad you’re here.
We’re going to renovate a four-unit house, build two tiny homes and construct something we’re calling Kayak Kingdom all in the Jefferson Chalmers neighborhood. We’re going to do it in a community-centric way in partnership with our neighbors and you. We began calling the project POOL because it really captures the core of what we're trying to accomplish: the sharing of resources, capital, and physical spaces for the benefit of everyone involved. It can also be used as a tool to help others do these same kind of projects so we can build wealth as a community and seize some of the value we create as Detroiters.
Some of the features that will make POOL really awesome:
This isn’t tossing in money to a crowdfund to get a free t-shirt; this will be a real stake in a property that’s legally recognized. In the future, you’ll be able to buy more shares if you really like the property, or sell your shares if you need to free up some cash.
We believe that our investors should be able to see where every dollar goes, so that’s exactly what we’ll do. Investors get a dashboard where they can see every buck in and out of the organization. We’re proud of what we’re building and aren’t shy about showing off.
Low Buy-In Amount
We want this opportunity to be open to as many citizens of Detroit and Michigan as possible. We’re working to get the buy-in amount as low as we possibly can to allow people of all incomes to participate.
If profits are made from the house (we’re hopeful there will be, but we can’t guarantee that by law) we’ll share the profits to all of the owners of the house each quarter. You’ll get a statement that shows how the house did and where the funds went.
An Open Platform
After we finish this first house and share all of our learnings with you, we want to make this tool available so that you can create and fundraise projects of your own. We can’t fix all of the houses ourselves, and moreover we don’t want to! Our fundamental goal is that local-minded people like you - yes, you! - put together real estate projects and businesses of your own and fundraise from the very community that supports you. We see this venture as a first step, but true success for us is a future that includes all kinds of POOL projects popping up around town.
Drop your email address in the box below, we’ll send you infrequent updates about the project as it progresses. 100% no-spam guarantee! You can also subscribe to our Youtube channel RIGHT HERE.
**A really, really important disclosure:This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by POOL Technologies LLC or Andy Didorosi. No reference to any specific security constitutes a recommendation to