In the past, the prospect of real estate investing seemed out of reach for portfolios shy of six figures. However, one Dallas-based developer aims to bring real estate gains to the everyday investor with a unique crowdsourcing platform.
Meet Common Dwelling
Common Dwelling is a new online platform that leverages Regulation A to allow non-accredited investors access to single-family rentals. Whether you’re looking to spend $100K or $100, this platform provides opportunities for anyone to dip their toes in the real estate pool. This comes as big news for those who’ve been locked out of these traditional high-yield opportunities.
How Crowdsourced Real Estate Investing Works
Much like other traditional funds, Common Dwelling allows a group of investors to share in a pool of assets. Only instead of buying stock in a company, equity, or trust, investors buy shares of a real, functioning rental property. This allows them to realize the steady gains associated with real estate appreciation without the need to buy an entire property. Basically, it’s like going in on a house with a bunch of strangers and having really smart people manage everything.
The Big Question: How Does This Affect Our Neighborhoods?
Ty Lee, Founder of Common Dwelling, discusses the ways this will benefit Dallas communities.
“The core of our philosophy is good schools,” Lee says. “We want each home on this platform to be in a neighborhood that features a great school district.”
This, he believes, will lead to sourcing responsible tenants who value education.
“It advances the community in two ways,” Lee says. “The first is by placing good families in the properties we invest in. The second, by providing a means to better education for those who may not otherwise be able to afford a home in the neighborhoods where these schools are located.”
Since rental prices are somewhat cheaper than mortgages and homeowner expenses, Ty hopes to increase education mobility in many Dallas neighborhoods.
By helping close the education gap, Common Dwelling is not only a smart investment vehicle, it’s a community win. And at the end of the day, Common Dwelling is all about opportunity. Whether you’re looking to get into the real estate market or upgrade your neighborhood, this platform promotes possibilities.
