Fractional investment startups are adding yet more noise to an already-crowded real estate market. And things don't look good for renters.
in Tuscaloosa, Alabama. The first homes to be advertised on the platform likely won’t be sold for two to three years, giving them time to appreciate, says Frazier, Arrived’s CEO. Then investors can cash out.
The average investor spends around $3,500 on five or six properties, Frazier says. But investments can top $25,000 and include accredited investors, says Bret Neuman, head of brand and content at Arrived. Still, most people invest less than $1,000. And, according to Arrived, it$1.2 million in dividends for investors in 2022. Its portfolio of properties appreciated a total of $1.4 million over the same year, the company says.
Other fractional ownership startups take different approaches to the same idea. reAlpha, the vacation-rental company, sells shares in investment properties to be used as Airbnbs. The company says it uses AI to analyze properties and predict their viability as vacation rentals. Then it buys, renovates, and manages the properties. Y Combinator–backed Lofty AI lets people buy tokens for $50 in homes.
Landa is selling shares in at least a dozen townhouses in Douglasville, Georgia, a city just west of Atlanta, and more homes in Atlanta and its other suburbs. It’s a region that has seen an influx of investors, thanks in part to controversial legislation that favors landlords—including a law that bans rent control.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Next-gen Toyota Tacoma teased for possible reveal next TuesdayA new Toyota Tacoma is coming soon. Toyota’s Instagram page today hints at an April 4 reveal date and provides a grainy look at the next-gen truck.
Baca lebih lajut »
Z Cycle Bike Shop's Landlord Asks Business to Hit the Brakes in Lease DisputeZ Cycle Shop has a ten-year lease at its spot in Capitol Hill, but less than two years in, a legal dispute with its landlord could jeopardize everything.
Baca lebih lajut »
Ex-homeless tenants face mass eviction by Lower East Side landlordEleven formerly homeless tenants moved into apartments with city assistance but now face eviction after their landlord refused to renew their leases once their grants were done.
Baca lebih lajut »
Notorious Landlord Caught on Video Painting ‘Fat F*ck’ on Tenant DoorOri Gal, the notorious Florida landlord, can add this charge to his pile of legal issues.
Baca lebih lajut »
Landlord-tenant officer shoots woman during eviction, police sayDaily News | Landlord-tenant officer shoots woman during eviction, police say
Baca lebih lajut »
Landlord-tenant officer shoots woman in head during eviction, police sayA landlord-tenant officer shot a woman while trying to enforce an eviction on Wednesday morning in Philadelphia's Sharswood section. The woman was taken to a nearby hospital. Police did not immediately have a status on her condition.
Baca lebih lajut »