Saving money is an unattainable luxury for most Americans. In a recent survey, 69% of respondents admitted they have less than $1,000 in their bank accounts. With an emergency fund out of the picture, they are one car breakdown or a medical bill away from bankruptcy.
You can only imagine what an opportunity like Roots means for them. Roots is a “people-first” investment platform that’s redefining the landlord-tenant relationship. It allows tenants to save significant amounts of money just by being good neighbors and taking good care of the property. The outcome? Its portfolio value was up 16% in a single year.
The company uses a tried-and-tested method of real estate investing that’s made investors billions of dollars over the past 60 years. It pools funds from investors to build a portfolio of income-generating rentals. The profits from these rentals are distributed back to investors at regular intervals. The difference is tenants get a share in the fund and vacancy is drastically reduced.
Click here to invest in the Roots Real Estate Investment Community with as little as $100
It takes around two months on average to find a new tenant. That’s a 16.67% hit on your annual yield with almost no reduction in costs. It pays to keep good tenants as long as you can, and Roots devised a method to achieve that. Through its Live In It Like You Own It program, tenants earn rent rebates they can reinvest in the fund. All they need to do is not be late with payments, do a quarterly walk-through video of the property and be a good neighbor. Their savings deposit also goes into the fund on Day One. After that, it grows over time and gets amped up with rent rebates. On top of that, Roots only buys fully rented properties with positive cash flow from Day One, removing the upfront vacancy risk.
This approach has a tangible impact on tenants' lives, and the statistics speak for themselves.
With 78% of residents earning 100% of their rebates in their first year, the company’s founders may be onto something. CEO Daniel Dorfman didn’t just make an educated guess when he founded the company. He earned his stripes at a successful Atlanta-based real estate agency before starting Roots. Now he’s leading a dedicated team that believes in his idea. All Roots employees are invested in the company’s fund.
In 12 months, Roots has paid out $400,000 in distributions and helped tenants build over $200,000 in wealth. If you want to secure shares of a fund aimed at consistent payouts and help people along the way, click here to start investing with Roots.
Images courtesy of Roots
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