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Juan Solano's profile image
Juan Solano's profile image
Juan Solano
  • Rental Property Investor
  • from Columbus, OH
  • Member since Dec 7, 2020

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9
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Juan Solano's profile image
Juan Solano's profile image
Juan Solano
  • Rental Property Investor
  • from Columbus, OH
  • Member since Dec 7, 2020
Juan Solano
  • Rental Property Investor
  • Columbus, OH
3
Votes |
9
Posts
Starting Out

Any experience using roofstock for first investment property?

Juan Solano
  • Rental Property Investor
  • Columbus, OH
Posted

I'm starting out my REI journey this year and came across roofstock.com. Has anyone had any experience using this site to buy any rental properties? Not having looked into it too deeply yet, at first glance seems like a good service for starting out, but was curious in what your thoughts were in the BP community.

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Brandon Sturgill's profile image
Brandon Sturgill's profile image
Brandon Sturgill
  • Real Estate Broker
  • from Columbus, OH
  • Member since Apr 30, 2013

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Brandon Sturgill's profile image
Brandon Sturgill's profile image
Brandon Sturgill
  • Real Estate Broker
  • from Columbus, OH
  • Member since Apr 30, 2013
Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
1,772
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Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
Replied

@Juan Solano I can tell you this company is under the microscope (in my market) and likely many others for brokering real estate without a license. This was probably never a thought when they started.

I can tell you that they have a "proprietary algorithm" for reporting property performance that is complete shite. Nothing against them, really, but they are not local. Link up with a solid agent...you cannot gain the same experience on a platform geared at exploiting as many profit centers from you as possible. 

  • Brandon Sturgill
  • 937-979-7000
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Realize Multifamily Group
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