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Updated about 10 years ago on . Most recent reply
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New to the Real Estate investment arena
Greetings, I'm new to the RE investment arena and wanted to know if anyone's worked with or heard of a company out of Irvine CA, called HomeUnion? http://www.homeunion.com/about-home-union/.
Supposedly they're a "leading online marketplace for hands-free real estate ?investing. Investors get access to fully managed properties sourced through HomeUnion’s extensive due diligence process and personalized to their financial requirements from select ‘cash flow locations’ around the country." My local realtor in SA didn't know of them so I'd like to see if they're legit. Also really interested in learning the ropes of Property Investing. Thank you!
Most Popular Reply
I've been looking at homeunion.com for a while now. I think their numbers are way off. I would suggest you do your own due diligence to make sure that you will actually get the cash flow that they claim. In my research I found that the rents they claim were inflated and expenses were under estimated. Plus they do not have budget for vacancy and repairs. At the end do your own research and make sure the numbers make sense. I guess that applies for any property you buy.