The CEO of reAlpha, a “real estate investment company that is looking to democratize the $1.2 trillion short-term rental market,” joins the 7investing podcast.
Over the past several years, rental properties have taken the real estate market by storm. Instead of booking hotels, people are now gravitating towards renting rooms, apartments, and even entire houses for days, weeks, or months at a time.
Whether you’re running a software company or a furniture company, we all tend to believe what or how dominates the decision-making process. But eventually, we always arrive at who made a choice or decision.
An Ohio-based property investment company, reAlpha, is taking a step toward its goal of becoming the nation’s largest owner of short-term rental property.
ReAlpha is seeking to reinvent the industry by allowing individual investors to own shares of specific properties that would be rented through Airbnb—with plans of buying 15,000 homes.
reAlpha, a technology company launching an innovative platform meant to empower everyone to invest in the $1.2 trillion short-term rental market, has closed on a $6 Million investment round.
What happens when you merge the oldest asset with the latest tech? Read to find out. Plus, see where it might go in the future.
Investors are adding more competition to an already-scorching housing market, pushing homes further out of reach for average Americans. They’re buying homes to rent with Airbnb.
Investors including reAlpha looking to spend up to $1.5 billion to buy short-term rentals. For example, ReAlpha, a Dublin, Ohio–based firm, is reportedly looking to spend up to $1.5 billion to buy short-term rentals.
As the industry matures, large-scale investors are joining the pool, hoping to get their slice of the short-term rental pie.