Roofstock

Roofstock is a marketplace for buying and selling Single-Family Rental (SFR) properties. Unlike crowdfunding platforms where you buy shares of a fund, Roofstock allows you to purchase the actual deed to a house, often with tenants already living there. This means investors can start earning rental income from day one without the downtime of renovations or finding tenants.

The platform provides extensive data on each listing, including inspection reports, valuation models, and neighborhood ratings. Roofstock also connects buyers with certified property management companies, making it possible to own rental homes remotely. It is a legitimate platform for serious investors looking to build a portfolio of cash-flowing properties across different state markets.

Frequently Asked Questions

1. Do I need to visit the property?

No, Roofstock is designed for remote investing, providing 3D tours and inspection reports so you can buy without visiting.

2. Who manages the property?

You can manage it yourself or hire one of Roofstock's vetted property management partners.

3. specific fees for buyers?

Roofstock charges buyers a marketplace fee, typically 0.5% of the purchase price or $500, whichever is higher.

4. Are the properties occupied?

Many Roofstock listings come with tenants in place, allowing for immediate cash flow.

5. Is there a guarantee?

Yes, Roofstock offers a "Lease Up Guarantee" on vacant properties, paying rent for a period if a tenant isn't found quickly.