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All Forum Posts by: Faron Cordrey

Faron Cordrey has started 0 posts and replied 2 times.

I’m an investor with Homeroom, and must say, my experience has been a home run.  I live in Hawaii and property costs here made local investing impractical.  So I researched dozens of rental investment organizations that catered to long distance rental investors , and only one demonstrated high yield / low risk opportunities…that is Homeroom.   Their co-living marketing strategy is brilliant, not only are rental income potentials increased by over 50%, you’re not at risk of an all or none vacancy situation.  You’re assured of a constant income stream. Furthermore, the co-living space concept is socially appealing to most young professionals, and is extremely recession proof. 
Additionally, their professional staff pin point the most viable neighborhoods for both optimum rental income and home equity growth, partner you with experienced local real estate experts and once you take ownership of your chosen property, they take care of everything from furnishings to placing quality tenants to hands on property management.  They are amazing.  My return on investment is amazing!!!  You won’t be disappointed.  

I own a rental property with Homeroom in the Dallas area. I couldn't be more pleased. I own a seven room home, first six rooms leased out immediately, the 7th a month later. Cash flow was immediate, and I'm clearing over $2k per month net profit. Couldn't come close to those results going a traditional SFR. I'm completely hands off, headache free. I looked at various other models with numerous other companies, none of them had a more secure, risk free business model. Their neighborhood selection process is key in affording investors a home in an area that instantly produces positive cash flow and high probability to earn above average market appreciation over the long term. This sole property pays my primary home mortgage, allowing me to own two homes using other peoples' money. Looking to buy my second property with Homeroom in the near future, and many more going forward.