Roofstock my Market Place

 

What is Roofstock?

Roofstock is a unique platform in the real estate crowdfundingspace. The company is really a pure marketplace where investors can buy and sell single-family rental properties, and there's nothing "crowdfunded" about the individual investments offered. Roofstock investors are buying an entire single-family home to rent out for monthly income.

It's an easier path to owning rental real estate. Investors choose a property from the marketplace, get financing or purchase it with all cash

, take title in their name, and hire a property management companyto deal with tenanting and maintenance (or manage the property themselves, if they so choose). 


Roofstock provides a marketplace where you can buy (or sell) a rental property with tenants in place that'll cash-flowas soon as you close on the house. It's free to join and view properties, and unlike so many real estate crowdfunding platforms, you don't need to be an accredited investor to transact business. It's very easy to set up search parameters to help you find the type of deal you're looking for. And with offerings in over 70 markets, Roofstock has an impressive amount of deals to choose from.


In addition, Roofstock has recently added a second investing option (which does require you to be an accredited investor). Through Roofstock One, you can purchase shares of fully managed rental homes. Shares are offered representing one-tenth of the home's equity. Investors pay an asset management fee and receive the economic rights in the underlying home including net rental income, tax benefits, and appreciation without any of the responsibilities of being a landlord. After six months of ownership, Roofstock offers investors liquidity options that include converting to traditional ownership and possible share redemption.

Roofstock screenshot.

Summary: Is Roofstock a good investment?

Similar to many crowdfunding platforms, Roofstock provides a marketplace where buyers can view and purchase rental homes with attractive investment profiles and cash flow potential, and sellers can market homes for sale to investor buyers. The availability of leased single-family rental properties makes it easy to purchase and own a customized portfolio of certified, cash-flowing homes within 1031 exchangetime limits.


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