reAlpha, a cutting-edge technology company with a goal to empower everyone with the ability to invest in the $1.2 trillion short-term rental market, was featured in a recent article published by The Wall Street Journal. The piece, written by Konrad Putzier, discusses the latest trend of turning to investments in vacation homes in a bid to cash in on surging demand as more people choose to work from remote locations and as leisure travel continues to heat up.
Among those taking part is New York-based investment firm Saluda Grade, which, together with short-term-rental operator AvantStay Inc., is launching a venture to buy about $500 million in homes. According to the article, Andes STR, a startup that buys and manages short-term-rental homes on behalf of investors, also recently entered a deal with Chilean investment firm WEG Capital to buy roughly $80 million of properties in the U.S.
While vacation-rental homes have the potential to offer higher returns, reAlpha’s CEO Giri Devanur described the challenges to investors. “Mortgages are usually more expensive and harder to get for short-term rentals than for owner-occupied homes,” Devanur said. reAlpha’s distinctive focus to pool funds from small-time investors to buy short-term rental investment properties is designed to rise above these challenges, enabling retail investors to tap into the tremendous opportunities of the short-term rental market.
To view the full article, visit https://ibn.fm/tOQoT
reAlpha is building a real estate investing platform that enables its members to simplify wealth creation opportunities through investments in short-term rental properties while striving to deliver 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. reAlpha’s business plan contemplates eventually allowing investors to buy equity in specific properties, providing opportunities for short-term passive income generation via Airbnb, as well as equity-driven capital appreciation. reAlpha is based in Dublin, Ohio. To learn more, visit www.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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