Oakland’s Waypoint cashes in on empty homes

Oakland’s Waypoint cashes in on empty homes

The Oakland-based startup knew first-hand exactly how hectic a hot real estate. I left Starwood Waypoint to found Roofstock with my Co-founder gregor watson.. finding that the only way to really acquire properties was to buy them vacant. We're buying the properties cash-flowing, providing inspection.

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OAKLAND, Calif.–(BUSINESS WIRE)–Roofstock, the first dedicated online marketplace for investing in leased single-family rental (SFR) homes, today announced the appointment of former Credit Karma.

Waypoint Homes works with local realtors and contractors in the regions where it operates to purchase, renovate, and rent single-family homes. The company owns more than 3,000 homes. Most are in California, where the company was founded, but a growing number are in other areas, including Phoenix, AZ, Chicago, IL, and Atlanta, GA.

Oakland’s Waypoint cashes in on empty homes Erica MacKinnon and Bill Sneed have lived all over the world and spent a couple of years in a rented Los Angeles duplex considering whether to move to Miami or Seattle, Oakland. is a city of empty. News, Weather, and Sports from WTVR Richmond.

An Oakland native-turned New york hedge fund operator, and several. Empty homes quickly became dump sites and health hazards, further. In the lingo of the Wall Street banks and hedge funds hoping to cash in on this. A screenshot of Waypoint Homes' online, map-based rental searching tool.

Oakland, CA – April 13, 2016 – Roofstock, the first dedicated online. Beasley is the former CEO of Waypoint Homes and co-CEO of public SFR REIT Starwood. avoiding the lost income while marketing a vacant home and the significant. for investing in leased single-family rental homes that generate cash flow day one.

Starwood Waypoint Residential Trust is selling as much as 5 percent of its roughly 12,000 homes, “pruning and optimizing our single-family portfolio,” Douglas Brien, CEO of the Oakland,

“We have some people moving now that are empty. homes for a long time, will soon be receiving notice of assessed value changes for 2019. Property assessments are used to determine property taxes.

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