A Jeff Bezos-backed real estate investing startup is launching a new fund to make it even easier for everyday Americans to speculate on the rental homes of other everyday Americans.
Arrived, which first launched in 2021, snatches up single-family homes and turns them into rental properties that anyone can invest in for as little as $100. Until now, Arrived customers could only purchase shares of individual homes and receive dividends from the rental profits, effectively creating a distributed network of landlords.
Now, the company plans to allow customers to easily invest in a broad portfolio of its rental housing, further financializing the housing market for a growing consortium of fractional mini-landlords. The company’s newly launched “Single Family Residential Fund” lets investors put their money in a fund that invests in single-family homes across the company’s holdings, similar to a Real Estate Investment Trust. The fund also has a minimum $100 investment.
In a webinar touting the new fund last week, the company explained it is betting on single-family home rentals because fewer people can afford to buy homes and more people are stuck renting.
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in Vice