HomeUnion website for investors

[Javier Villarreal]

What do you guys think about these new investing companies sprouting up? What's hot in real estate investing? Rental property for the little guy HomeUnion says this $229,000 house in Raleigh, N.C., would rent for $1,600 a month. The Irvine startup helps investors buy rental houses in 20 U.S. http://goo.gl/3vcliH

[Jay Hinrichs]

@Chris Martin I was at the same meeting Chris was at when homeunion was starting and met the owners.. Or originators of the model... I looked at being a provider ( I had product at the time). they sent me their pre qual stuff .. but then when I looked at the homes and neighborhoods they were repping I was like... Dude your going to screw your clients those properties are in the HOOD.. so I never did anything with them.. I see though like most in this game they probably got burned ( or their investors did with crap properties ) and are now upping their game ( which most turnkey companies have done frankly).. So when you look at them now.. all this analysis they base their model on and fee's and what not is in my mind way over the top and buying a SFR for rental purposes simply is not that complicated... I see no value add or reason to pay extra for this type of service. NOw I can see Engineer types or digging it.. but really its all about a decent house and decent tenants.. no more complicated than that.

And if your trying to establish markets that are up and comers those are different metrics and usually are not cash flow markets... IE the market is too speculative to allow 20% down and positive cash flow. but the upsides are real or should be.. its a different investor mind set..