CRE Vets Launch Site for Single-Family Investing

Beasley says Roofstock opens local markets to worldwide investors.

SAN FRANCISCO—The first dedicated online marketplace for investing in leased single-family rental homes has been created by investors for investors. Roofstock is a new way to buy and sell investment properties. It provides analytical tools and diligence information to help investors evaluate properties before buying. The process includes electronic document delivery and e-signatures, allowing transactions to close rapidly and securely.

For sellers, properties can be sold without having to wait until tenants move out, avoiding the lost income while marketing a vacant home and the significant selling costs associated with traditional channels. For buyers, Roofstock offers a proprietary inventory of leased, certified, professionally managed homes that generate immediate cash flow and future home price appreciation potential.