![]() ![]() In just one year, more than 200 homes have been added to Flock’s portfolio. Congratulations on being our pick for ‘Investment Management Platform of the Year’. ![]() Owners are finally freed from the day-to-day burdens of being a landlord. “With a world-class team, a focused roadmap that solves the real problems landlords face everyday, the herd is making waves and transforming the real estate and proptech segment for the better. Additionally, aggregation is challenging in SFR with landlords of only a few doors having diversified market exposure, economies of scale and lack of sophisticated technology that drive improved operating income and service for residents,” said Brian Vaughan, Managing Director of PropTech Breakthrough Awards. However, while traditional investments such as stocks or bonds can easily provide passive income, appreciation and trading, a landlord faces the day-to-day demands of ownership such as maintenance-and selling real estate is expensive. “Being a landlord has historically been a powerful way to create wealth. This year’s event attracted over 1,500 nominations from over 12 different countries around the world. The mission of the annual PropTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions and products in the real estate technology industry today. “Simply put, flock is the first completely passive, diversified and low-cost way to get out of the traditional hassle of real estate.” ” said Ari Rubin, founder and CEO of Flock. We have assembled a world-class team and are building highly scalable technology with the goal of delivering superior financial returns to our owners and better homes for our residents and community. “We have focused on solving a very real problem for the millions of Americans who own rental properties. To-date, Swarm has paid out over $500k of passive income to its owners. Owners can redeem the shares once, over time, or pass them on to heirs without a taxable event. Owners have anytime access to their owner’s portal to view quarterly returns, important documents and other information. Swarm recognizes the importance of regular income for real estate investors and pays quarterly distributions to its owners. Unlike a traditional sale, joining the herd does not trigger depreciation recursion and capital gains taxes, as Swarm uses a 721 or 1031 exchange mechanism to provide an elegant exit solution for owners. If Swarm is the right solution for a current homeowner, then in just a few days, Swarm can address title transfers, mortgage repayments and 1031 exchanges, with all landlords eventually gaining passive ownership in Swarm’s portfolio. Current homeowners answer a few questions about their property, and using their technology and category expertise, Swarm appraises a property and provides a custom appraisal within 24 hours. Furthermore, Flock’s sophisticated technology and experienced team give individual investors the same benefits offered by larger institutions as best-in-class operating scale and diversification.įlock’s platform prioritizes simplicity and transparency for owners. With Herd, owners retain all the benefits of traditional real estate investing, including regular income and long-term appreciation - without the burden. Flock’s exchanges provide a simple, tax-deferred and cost-effective option for real estate owners to sell by converting their equity into shares of Flock’s managed portfolio of single-family homes. Flock’s unique platform offers landlords – who today deal with the day-to-day hassles of property management – a solution that seamlessly and tax-efficiently converts their active ownership into passive. The herd was created to solve the real problems for the landlords. Flock is a Series A fintech startup led by CEO and founder, Ari Rubin, on a mission to build a better way for real estate, starting with single-family rentals (“SFRs”). PropTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products and services worldwide, today announced that Flock Homes has been named “Investment Management Platform of the Year” at the 2022 Annual PropTech Breakthrough has been selected as. Simply put, Flock is the first completely passive, diversified, and low-cost way to get out of the traditional hassle of real estate - said Ari Rubin, Flock’s founder and CEO. ![]()
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