Frank RohdeCEO Ownify. Partnering investors with homebuyers - homeownership reimagined. We’re solving the affordability crisis one brick at a time.

Ownify Fund 1yr Anniversary Mar 2025 #realestateinvesting #passiveincome #alternativeinvestments

Name: Ownify Fund 1yr Anniversary Mar 2025 #realestateinvesting #passiveincome #alternativeinvestments
Uploaded: 2025-03-28T16:58:50+00:00
Duration: 2 min 43 s
Channel: Frank Rohde
Description: In this 90‑second update, Frank Rhode, founder and CEO of Ownify, celebrates the first anniversary of the Ownify Home Fund and outlines the fund’s…

28 Mar 2025 · 3 min

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2:43

In this 90‑second update, Frank Rhode, founder and CEO of Ownify, celebrates the first anniversary of the Ownify Home Fund and outlines the fund’s thesis, performance, and growth plans. He explains the hypothesis that there is strong demand among young professionals— the “missing middle” first‑time homebuyers— for a better financing solution, which Ownify addresses through a co‑ownership model that aligns buyer behavior with investor interests. The fund rigorously underwrites both borrowers and properties, focusing on markets with above‑average home price appreciation (Raleigh‑Durham, Nashville, Dallas). Key investor results include a 14% annual return with low volatility, 100% on‑time payments, maintenance costs 60% below average, and tax‑sheltered income. Consumer benefits highlighted are reduced down‑payment and monthly payment burdens, with qualified buyers being vetted in 15 minutes or less. Portfolio metrics show an average borrower FICO of 720 and zero late payments. Property performance data show cap rates in the mid‑6% range and equity appreciation of 10‑15%+ in core markets, driven by expected 8‑9% home price growth in 2025. The video concludes with a call to action: viewers are invited to schedule meetings, download investment materials, or scan QR codes to learn more and invest.

Chapters

Hi there, my name is Frank Rhode. I'm founder and CEO of Ownify, and today is the 1-year anniversary of us launching the Ownify Home Fund. So I would love for you to join me on a quick 90-second, 2-minute flyover on what we've achieved so far and how you can help join Ownify in helping more first-time homebuyers achieve homeownership. Thank you. So we started with a hypothesis that said there's significant demand for better financing solution for young professionals. We can align their behavior with that of investors through co-ownership. We can rigorously underwrite customers and homes, and we can do so in market with above-average HPA. Now, the results we've achieved are 14% investor return at significantly lower volatility, tax shelter, and we've been helping families achieve homeownership. Now, the demand hypothesis was that there's significant demand in this bottom right missing middle first-time home buyers— good income, strong credit, looking for a solution. The proof we've seen is a tremendous pipeline and a waitlist of people in addition to the deals we've closed on in our launch market Raleigh-Durham, and we're now rolling into other markets. The investor proof has been 14% return, 100% on-time payments, 60% below average maintenance cost. And on the consumer side, we've been able to help generate real savings for the down payment as well as the monthly payments. We're using tech to underwrite qualified home buyers and making them qualified purchasers in 15 minutes or less. And so far, the results in the portfolio—720 FICO, zero late pays—have been tremendous. We're doing that in markets that are growing, and that is underlying home price appreciation of somewhere around 8-9% expected in 2025 in our core markets. And that's really what generates that return, that lower volatility, the tax shelter and the meaningful impact as the value proposition to our investors. So I want to take a little bit of time and just fly over some of the homes and see how they've performed from a cap rate perspective. That's the income as well as the appreciation. And you look at these homes, they're single-family homes in the Triangle in North Carolina, in Nashville, in Dallas. They're performing extremely well, both cap rates in the mid-6s, low to mid-6s, and appreciation in the equity, appreciation in the 10, 12, 15% and more. So really a strong value proposition for investors while helping first-time homebuyers achieve homeownership. If you want to join us on this journey, um, please schedule a meeting, download our investment materials, research this. You can scan the QR codes here and spend time or schedule time with me and Ben and the rest of the team. Thank you so much for listening.