HomeUnion

Pros

• Available to every investor
• Zero-cost to check and browse the offers, use calculators and estimates for profits.
• Integrated funding options (through a subsidiary company)
• Integrated management of assets (optional)

Cons

• Acquiring a rental real estate usually requires a minimum of twenty percent of the pricing for acquirement.
• Even when a real estate manager is utilized, straightforward real estate ownership generally means more involvement than when compared to the indirect ways through crowdfunding.
• HomeUnion is operating in limited markets for the time being
• The offer depends on the sourcing through HomeUnion (excluding MLS real estate)

Summary

HomeUnion is an improved shape of "turnkey" rental real estate. They source real estate and oversee all of the current land maintenance. The advantage for investors is that it's a breeze to search through rental real estate, which needs less direct supervision in comparison to venturing put and locating, purchasing, and handling a rental real estate on your own. The biggest drawbacks are that you cash out for this and, ultimately, you can maybe locate a better offer by partnering in a straightforward manner with the broker or agent to locate the real estate and/or handle it alone. HomeUnion gives convenient calculators for calculating the monthly money flow and net profit, and the calculations deduct regular expenditures such as repairs and vacancies.

The Investments on Offer

An online market used for the purchase and sale of single-family rental real estate.

What will this investment get me?

It will help you find and buy rental real estate. But if you want to invest, you'll buy physical assets.

How HomeUnion rakes in returns?

HomeUnion has a "Asset Acquisition" charge of 3.5 percent of the buying price when you purchase a property via its website, as well as an ongoing "Asset Management" charge of 10.5 percent of the monthly rent (which compliments other real estate management businesses).

Money Flow and Potential Profit

Specific profits on any real estate can chance considerably depending on maintenance costs, rent and vacancy rates. The company offers a range of handy calculators to evaluate and strategise cash flow and profit scenarios for every asset.

Due Diligence and Regulations

Since you're buying real real estate rather than security, the deal is not SEC-regulated, as is the case with the majority of the investment crowdfunding and alternative investment sites. Rather, sales through HomeUnion are subject to specific regulations of the country and the region where the real estate is located.

Although some sites provide rental real estate with personalized searches on top of the MLS lists, HomeUnion has a more focused way of work.

They go through strict due diligence and verification steps to identify the investment assets that they offer. They take into account 50+ factors when choosing an investment location  - crime, education institutions, jobs, median income, rent-to-price ratio, availability of local management services... They also got local managers; some have more than 20 years of experience, which further ensures the property. There is no assurance that an investment will be successful.