How To Invest In Real Estate IPOs With Ryan Frazier, CEO of Arrived
In this episode of The Real Estate Podcast, Kevin Vandenboss speaks with Ryan Frazier, CEO of Arrived Kevin and Ryan talk about: Arrived Platforminvestments for non-accredited investors housing market crashshort term rental propertiessingle family home investmentsbest cities to invest in real estate Guest: Ryan Frazier CEO of Arrived Host: Kevin Vandenboss Real Estate Expert at Benzinga Twitter: https://twitter.com/KevinVandenboss Sign Up to Benzinga Pro today to receive most exclusive interviews, news and stock picks fast! https://pro.benzinga.com/ Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions. Transcription: Welcome to the Lazy Landlord podcast here on Benzinga today, we have Ryan Frazier, who's the CEO of the real estate investment platform Arrived. Listen to this episode of The Lazy Landlord on Benzinga. Kevin Vandenboss: So what is Arrived essentially? Ryan Frazier: It's a platform that makes it easy for anyone to invest in rental properties. And the way that it works is that individuals can buy shares of individual homes starting from $100 to $10,000 or more, however much you want to invest in that property. And then Arrived, takes care of all the work of managing the property. So all of the, dealing with the property management or the rental operations for the asset. And the impact is that, investors can still pick and choose how they wanna build their portfolio of individual rental properties. They can invest, nearly any amount of capital that they'd like to and diversify across properties. And then it becomes passive a investment from there with Arrived, taking care of the management. Kevin Vandenboss: What has been the demand been for investors that invest in these specific rental properties? Ryan Frazier: I think that's been something that's been a surprise to us is just how remarkable the interest has been where we've had nearly 100k people sign up to invest in properties and buy shares of individual homes. And I think we thought it might take longer for people to understand the concept of buying a share of a rental property. But I think because investing in fractional shares of stocks and other assets has become a bit more commonplace and more popular, I think people just have a place in their minds where they could understand. They say “Ok, I can own a share of this property. I will get the proportional returns, cash flow from rental income or any property value growth based on the number of shares I own. And that gives me more control of how much I'm investing and being able to diversify.” For myself and Arrived co-founders really our personal experience with wanting to invest in property has been the main driver.Through my mid-twenties to thirties, I really was just moving around.We were just never in the same place, long enough, where it made sense to, invest for 5, 10+ years, which is really what's required in real estate to overcome the kind of hurdle of the transaction costs to get any type of material returns. And so I had been questioning that for a while. Why does it have to be so binary that, you save up for multiple years for these down payments that are often six figures nowadays, and then you're committed to that city or that property forever or really for the long run. And so that is the idea for Arrived. How do we look at these barriers that prevent people from getting started today in owning real estate? The capital, the time commitments, and the expertise required, and how do we lower the barrier to entry? So that, if you have time and expertise, but maybe not the amount of capital to diversify in as many properties as you want, Arrived can facilitate that for you. You don't have time to invest in new markets and build up