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Updated almost 7 years ago on . Most recent reply

Roofstock or morris invest?
Most Popular Reply

- Lender
- Lake Oswego OR Summerlin, NV
- 63,157
- Votes |
- 42,831
- Posts
there is no comparison in the business models. Roofstock is a Brokerage on Steriods..
Morris from the product I see them try to sell .. is moving D class to maybe C class low end rentals.
Roofstock is working for owners and working on small reasonable fee's Morris is making bigger mark ups that are not disclosed , which is OK no flipper discloses what they are making.
But the two models could not be farther apart..
I just spent the day last week at Roofstock headquarters.. this is a game changer company.. Pretty cool really and run by very experienced real estate folks.. Morris is a tech guy running on internet fame LOL not real estate experience.. and those buying his low end product no doubt will under stand the difference's over time in buy A and B class ( most of Roofstock) to buying D and maybe C ( most of Morris).
- Jay Hinrichs
- Podcast Guest on Show #222
