S6E59 Interview with Ryan Frazier, Co-Founder of Arrived Homes
There's this constant pressure as a renter to buy, because of equity advantages and potential upside for when you sell. But with that comes committing to living in one house, with a 30yr mortgage, and the expense of fixing the water heater. Ryan Frazier, Co-Founder of Arrived Homes, has a different vision for today's generation. Arrived Homes is building a new model where tenants can rent a home while still enjoying the upside of owning. This model uses a real estate fund. In short, renter's get an opportunity to put up a small investment (first months rent and deposit) and then 7% of their monthly rent through Arrived Homes earns them a stake in a fund to buy investment properties. Those tenants then get to enjoy dividends, so long as they retain their shares in the fund even after they move out of an Arrived Homes property. It's an interesting model, but I think Ryan does a better job explaining it. Listen in.