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There are other startups in this space. I am not sure that it is better than renting. For example, one risk that seems under-appreciated is the possibility of A
by asdfasgasdgasdg 7y ago
There are other startups in this space. I am not sure that it is better than renting. For example, one risk that seems under-appreciated is the possibility of Arrived (or similar startup) going bankrupt. In a general market downturn, it is possible that Arrived would become insolvent. In such a scenario, you are their creditor. That means you will lose some or all of your investment, and probably your home.
- Animats 7y agoThat's a big question. As in "who really owns the property" and "is this a a real investment fund?" They filed with the SEC.[1] But just a no-info Form D. If this was legit, I'd expect it to be set up as a Real Estate Investment Trust. The REIT would own the properties, borrow at bulk rates, tenants buy shares in the REIT, and the company behind the web site is the fund manager. That way, if the management company goes bust, the tenants still have their equity. [1] https://sec.report/CIK/0001780774 https://sec.report/CIK/0001780774