Roofstock is a an online marketplace that allows users to invest in leased single-family rental homes. It provides research, analytics, and insights to evaluate and purchase independently-certified companies. We compiled Roofstock user reviews from around the web and determined that they generally have positive ratings. We also compared the most popular pricing options available.
Roofstock Customer Reviews
Summary of User Reviews
What Roofstock does well:
Users who gave Roofstock a positive review said that they are happy with its strict tenant screening guidelines. People said that Roofstock provides turnkey solutions to their investment, wherein they can start earning as early as day one. Roofstock users said they are satisfied that it provides a proprietary neighborhood algorithm, as well as professional property managers as part of its services.
What Roofstock does not do well:
Users who gave Roofstock a negative review said that they are do not like that it is a long-term investment that puts a lot of risk on the quality of the property. People said they are also unhappy that there is a large down payment required to be a Roofstock investor. Users wish that Roofstock will operate in more markets since it is present in only 10 markets as of the moment.
Most Helpful Positive User Review
One user who gave Roofstock a positive review on InvestorMint said that he is happy with the uninterrupted tenant occupancy feature that allows an investor to earn as soon as day one.
Most Helpful Negative User Review
One user who left a review of Roofstock on YieldTalk complained that buying a rental property from Roofstock requires at least 20% of the purchase price which, to some, is a large down payment.
Roofstock Pricing
Roofstock gives a detailed overview of each property that can be purchased on its website. Minimum investment starts at $0 with a 0.50% set-up fee. Buying a rental property from Roofstock requires a down payment of at least 20% of the purchase price.
Roofstock Features
- Search filter – Gives valuable information about properties that match your purchase criteria.
- Neighborhood rating – Normalizes neighborhood data in order to give side-by-side comparisons of properties.
- Investment portfolio – Save and access your favorite rental properties and view valuable information in one portfolio.
- Rate estimation – Easily estimate mortgage and monthly payment rates in a matter of seconds.
- Smart Maps – Get to know areas of interest quickly by adding layers of data analytics to map views.
- Professional property advisors – Be guided by a world-class advisor team to help you make informed choices about your investment.
Useful Roofstock Resources
Turnkey Real Estate: The Ultimate Guide to Turnkey Properties – Need financing to purchase a turnkey property? Here we discuss how Visio Lending can be of help in your investment.
Investment Mortgage Interest Rates: Current Rates & How They Work – Want to know the latest information about mortgage interest rates? This guide can help with what you need to know about your future investment.
29 Best Real Estate Software & Tools for Top Agents in 2018 – Get a detailed list of the best real estate software to help you make better informed business decisions about property management.
Roofstock Overview Video
This video provides an overall review on Roofstock as a provider of turnkey single family rental properties.
Top Roofstock Alternatives
Not sure if Roofstock is the right fit for you? Read our comparison of all the top turn key real estate companies.
