reAlpha, known as the Robinhood of Airbnb, was featured in a recent Bloomberg article titled, “Investors Chasing Housing Target Massive Pools of Airbnb Rentals.” The piece discusses a hot new trend investors are tapping into as they hunt for returns in the frenzied U.S. real estate market. This involves building massive portfolios of houses to rent out on Airbnb. “A recent filing reveals that Dublin, Ohio-based reAlpha is seeking to spend as much as $1.5 billion, including debt, to buy short-term rentals at an unprecedented scale. The money would be enough to purchase roughly 5,000 homes, Chief Executive Officer Giri Devanur said in an interview,” the article reads. “Growing appetite for short-term rentals will attract tens of billions of dollars in the years to come, said Sean Breuner, whose company, AvantStay, manages branded properties that offer concierge services. It also operates a brokerage to help investors find real estate. ‘It is the last remaining asset class with any yield remaining,’ said Breuner. ‘We believe there is a huge opportunity to institutionalize.’”
To view the full article, visit https://ibn.fm/iTnS5
About reAlpha
reAlpha is using technology to bring the power of real estate investing to the 99%. reAlpha merges the most historic asset with the technology and business model of the future: Airbnb. The reAlpha platform provides meaningful wealth generation opportunities for everyone: short-term passive income through Airbnb as well as equity-driven capital appreciation. However, they also believe that real estate investing is deeper than just financial returns, it is the pride of ownership and the freedom of financial security. They are driven every day to create not only lucrative returns for their members but also to deliver exceptional experiences and positively impact the communities in which reAlpha lives and operates. To learn more visit reAlpha.com.
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