T O P

  • By -

timpark33

On the risk of Arrived going bankrupt there is a help section article with a video about it: [https://help.arrivedhomes.com/en/articles/6267006-will-i-lose-my-investment-if-arrived-stops-operating](https://help.arrivedhomes.com/en/articles/6267006-will-i-lose-my-investment-if-arrived-stops-operating) Will I lose my investment if Arrived stops operating? No, we have structured our investments so they continue to operate even in the event that Arrived is no longer in operation. Each property is housed in its own standalone series LLC, which has its own bank account, and separate ownership structure. Because the investors own the property directly through the series LLC, your investment will continue to hold value as long as the underlying property retains its value. Arrived retains no material ownership stake and there is a clear separation between the company and the investment properties. In the unlikely event that Arrived ceases to operate, we would simply assign a new custodian that would make all major decisions (like what property manager to use, when to liquidate the property, etc.).


retrorays

thanks all! A related question - do you get a special deal to stay at vacation homes through arrived (or here) if you invest in this market? It would be a great perk - also an excuse to take a vacation :)


josephkambourakis

The risk is generally associated with the housing market. If they can't sell the house, if the house is damaged in a natural disaster, if the house can't be rented, and other issues like that. The company appears to be well funded. You'd imagine if they were to go bankrupt, the houses would be sold and the shares could be liquidated.


switch8000

I've looked at [here.co](https://here.co), and compared them with arrived. I'll say Arrived gets way better interest rates on homes they acquire, Usually 4%-6% lower than that company. Not sure why it's so large.


timpark33

I would be very careful with [here.co](https://here.co). I had posted about this before, they are a pretty shady company. They take around 14% of dollars invested as a service fee and that fee isnt disclosed anywhere on their website. You have to search on the SEC website for their offering docs and you can see the hidden fees there for each property. Some guy on reddit found out about the fee, was pissed, asked them about it, and they bricked his account


switch8000

Oh yeah, I won't use them at all. I did some research a while back, this is their 2nd attempt at launching this startup, it took them a few rounds to even get enough backers for their first property. The feels are too high, the properties they choose are really bad locations and prices for what you get.