All Forum Posts by: Zach Evanish

@Greg Tomita I’m using All Star for my property in Euclid and they have been great. Very investor friendly.

@Philip Hy They are one of the groups we use at Roofstock and they have been great so far.

@Chris Scott On average properties on Roofstock are selling for just over 97% of list price. Most of the buyers on our marketplace are using financing. (thus the homes have to appraise)

@AJ Whitaker No problem. Happy to help. No matter what channel you go through I am glad you are getting into real estate investing. There is nothing better!

@AJ Whitaker Roofstock is a full service marketplace for buying and selling single family rentals. We have a variety of services including local market agents and property managers. Atlanta is our number one market. In Atlanta we have offer variety of property options including fully rehabbed turn-key properties. 

We also have two new programs which we offer in the Atlanta market. "Bring Your Own Property," which allows you to purchase any property you may find through the Roofstock Market using our financials, rent guarantee and money back guarantee and "Roofstock Renovation Program," through which Roofstock can help you with any rehab/renovation that is needed.

My wife and I own three rentals in Atlanta. Happy to talk about those as well!

@Heshel Mangel The portfolio section is for everyone. RoofstockOne is our accredited investor product. We have investors who are buying homes well below market value through both the marketplace and portfolio section. I will send you the details on BYOP.

@Heshel Mangel Thanks for mentioning our conversation. I am sorry this particular property did not workout. Have you checked the portfolio section? We have a couple distressed portfolios if you decided that's the route you want to go. Most of our investors are looking for turn-key rentals but we do have investors that are purchasing properties at pretty significant discounts as well. 

Please note that we recently offered two new services that could be of interest. The first one is  "Bring Your Own Property," and this program allows investors to bring properties they have found elsewhere and purchase them through Roofstock with our financials, rent guarantee and money back guarantee. The second program is called "Roofstock Renovation Program," which allows investors to purchase properties that may need work and Roofstock can assist with the rehab. 

Properties purchased through Roofstock also come with a Rent Guarantee (if vacant at close) and Money Back Guarantee.

@James Wise

Below is an on overview of the certification process. The certification is done after the seller signs the listing agreement and before the home is listed on the marketplace. Approximately 25% of the homes make it through this process. This process is based on our team's experience acquiring, renovating and managing 50k+ homes over the last few years.

Property Condition: An experienced inspection firm performs a multi-point property inspection for safety, habitability and risk, including external and major systems review and internal review of the property, along with an estimate of certain repair and “turn” costs. 

Property Valuation: Conduct a property valuation and rental market analysis to ensure properties are priced fairly. This is done internally 

Title: Obtain and review a preliminary title report to determine that there are no uninsurable encumbrances or liens, or preliminary title commitments, where applicable.

Tenant/Lease: Review and summarize key lease terms including monthly rent, lease-end date, security deposit, and utility responsibility. Review tenant payment history

Property Manager: Find recommended property managers with expertise and operations in the local area. Review their property management process and reporting to identify the most promising options. Personally interview the top managers to find the best.

@James Wise Roofstock is a curated marketplace for residential investment properties. In order for a property to make it to on our marketplace the property must pass our certification process through which we certify the home, tenant, lease, title and property manager. Approximately 25% of properties make it through this. Properties can be purchased directly through our marketplace and come with a money back guarantee and rent guarantee if vacant. We have several different programs and most of the properties are exclusively listed with Roofstock.