reAlpha, a cutting-edge technology company with a plan to empower everyone to invest in the $1.2 trillion short-term rental market, was featured in a recent article published by the Geek Estate Blog. The piece highlighted excerpts from an interview with reAlpha’s founder and CEO Giri Devanur.
In the interview, the tech entrepreneur and 2017 E&Y Entrepreneur of the Year describes himself as a programmer at heart who inspires people to solve complex business and technology challenges. His successful track record includes serving as president and CEO of Ameri100 Inc., where he scaled the company from $0 to $50M in revenue in the four years since its inception. In addition, Devanur founded multiple businesses, including WinHire Inc., an innovative company that builds software products and combines them with professional services, and Ivega Corporation, an international niche IT consulting company with special focus on financial services.
In discussing key problems that reAlpha solves, Devanur addresses four core challenges faced by 99% of Americans who aspire to invest in real estate. These include not having the 25% down payment, the wholesale real estate market’s limited access to the “big guys,” as well as the pains of managing a short-term rental property and the extremely complex mortgage process.
“Our proprietary algorithms, partnership network and stellar leadership team make reAlpha a force in the emerging Airbnb market,” Devanur is quoted as saying, further discussing the company’s Reg A+ filing, which offers Main Street investors access to become shareholders. “Now with this additional financing, we are ready to scale our operations to create more investment opportunities and to create positive outcomes for the communities in which we operate. We have a great deal of traction in democratizing the massive $1.2 trillion short-term rental market and investment process.”
To view the full article, visit https://ibn.fm/fP9oY
reAlpha is a digital marketplace that enables its members to simplify wealth creation through investments in short-term rental properties while delivering exceptional guest experiences. reAlpha sources and scores properties from the wholesale market using a proprietary AI-driven algorithm called reAlphaBRAIN. It then predicts the viability of each property for the short-term rental market, as well as the projected long-term value. The reAlpha business plan allows investors to buy equity in specific properties, providing meaningful wealth generation opportunities through short-term passive income via Airbnb as well as equity-driven capital appreciation. reAlpha is based in Dublin, Ohio. To learn more, visit reAlpha.com.
NOTE TO INVESTORS: The latest news and updates relating to reAlpha are available in the company’s newsroom at https://ibn.fm/reAlpha
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