S3 Ep 16#: Revolutionizing Homeownership: Fractional Real Estate Investing with Frank Rohde

S3 Ep 16#: Revolutionizing Homeownership: Fractional Real Estate Investing with Frank Rohde

📌Make sure to check out Ownify https://ownify.com/

👉 In this episode of the Real Estate Mentor Podcast, hosted by Jonathan, guest Frank Rohde, founder and CEO of Ownify, introduces the innovative concept of fractional real estate investing. The discussion covers how Ownify's model allows first-time homebuyers to purchase homes 'brick by brick,' thereby making homeownership more accessible without the need for large down payments.

Rohde explains the benefits of this model for both homebuyers and investors, highlighting the potential for increased win rates in competitive markets, reduction of maintenance costs, and the opportunity for investors to earn a steady return.

Additionally, the conversation delves into the structure of Ownify's fund, target buyer traits, and the company's unique commission plan for real estate agents. This episode provides a comprehensive look at a groundbreaking approach shaking up traditional homeownership models.

(00:29) Meet Frank: Visionary Behind Ownify
(01:30) Understanding Fractional Ownership
(04:10) Challenges for First-Time Homebuyers
(06:46) Ownify's Solution for Homebuyers
(13:01) Benefits for Investors
(17:20) How Ownify Works: A Deep Dive
(24:59) Understanding All-In Mortgage Costs
(25:21) Benefits of Ownify Monthly Payments
(26:25) Investor Perspective and Market Stability
(27:33) Role of Investors and Fund Management
(29:06) Depreciation Benefits for Investors
(29:39) Renting vs. Buying: A Financial Perspective
(33:00) Ownify's Market Expansion and Application Process
(36:20) Fund Structure and Investment Details
(40:21) Innovative Commission Plan for Real Estate Agents
(44:35) Final Thoughts and Future Prospects

👉Reach out to Frank Rohde

https://www.linkedin.com/in/frankrohde

https://www.instagram.com/ownifyhome/

Ownify https://ownify.com/

👉Frank Rohde BIO

Frank is Founder and CEO of Ownify, a venture-funded fractional homeownership platform. Ownify is rebuilding the path to homeownership to make it achievable for the next generation of homebuyers.

Our fractional ownership platform partners savvy investors with qualified first-time homebuyers to buy their home "brick by brick" - zero debt & no surprises. With Ownify, homebuyers and investors together reap the collective benefits of building equity, creating stability, and investing in the health of local communities for years to come.

Prior to Ownify, Frank was CEO of Nomis Solutions, the leading mortgage pricing engine globally. He’s a 3x fintech founder / entrepreneur with deep experience in data science / machine learning / real estate / pricing. Frank started his career at Oliver Wyman and FICO after graduating with a BS in finance and real estate from Wharton.

Podcast post-production by Seamless Multimedia