Property Pool Opens the SFR Real Estate Market to Smaller Retail Investors for the First Time
Miami, Florida, February 12, 2015 (Newswire.com) - Crowdinvesting real estate company Property Pool opened its first rental pool, letting individual investors access the Single Family Rental (SFR) space for the first time. An evolving market expected to see continued growth in the coming years, until now the SFR space has exclusively been accessible to institutional investors or high net worth individuals, given the amount of money needed to build a rental portfolio. Using the crowdfunding model, Property Pool has opened the SFR market to any accredited investor with a minimum investment starting at $10K.
Crowdfunded real estate has been dominated by companies like Fundrise and Realty Mogul that have created online platforms to connect individual investors to outside real estate developers. Having operated within the SFR space for more than 6 years, Property Pool removes the middle man, serving as both online platform and real estate operator. Investors can monitor how their funds are used and how their properties are being managed by Property Pool in real time through an online portal.
Property Pool co-founder Daniel Sultan explains why the SFR space is attractive to investors now: “With more institutional money flowing to the industry and the macroeconomic trends favoring rental housing, the asset class is poised to grow in the years to come. We’re taking advantage of changes in regulation that have made real estate investing more accessible and inviting all types of investors to participate in the SFR space.”
Experts predict continued growth in the niche SFR market as the homeownership rate continues to drop, having reached its lowest level in 20 years as of the end of 2014, and the economy is expected to grow by 3% in 2015. Not only are we seeing more renter households, we’re seeing more long-term, stable renters as quarterly SFR vacancy rates have continued to steadily decrease since 2006. These factors combined with rising mortgage rates and home prices, stricter lending practices, and decreases in both income growth and personal savings create the perfect storm for SFR growth.
In opening their first round of rental Pools Property pool has opened new doors for investors seeking to enter the SFR space. A minimum investment starting at $10K allows all types of accredited investors to invest in a long-term asset class that has both geographical diversification and asset diversification. This is especially good news for those who prefer receiving passive income rather than spending time and effort to pursue a DIY real estate investment strategy. Property Pool’s first round of investors will gain equity in single family homes across the southeastern United States.
Contact:
Daniel Sultan
18305 Biscayne Blvd. Aventura Suite 402
Aventura, FL 33180
Ph: +1 (305) 292 3265
property-pool.com
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Tags: CrowdFunding, CrownInvesting, Florida, Funding, Investing, Investment, Opportunity, Property Pool, Real Estate, Single Family, Single Family Rental, Startup