REvolve Partners
Regulation Crowdfunding offering on Jumpstart Micro
$1,000
of $1M goal
0.1% funded
About the offering
We are an experienced real estate development team in Boston and have been renovating and flipping properties or holding them for cashflow in East Boston and the surrounding areas for the past seven years. Our typical model is to acquire the property and use bank financing or private money for the renovation. After learning about Equity Crowdfunding, we thought it would be a great opportunity to let smaller investors join us and limit their risk by letting the professionals (us) select the right properties and do what we do best. Rather than helping banks make more money, we thought investors as small as $500 would love to participate. Here is more about our story. Our vision is to redevelop existing, distressed multifamily houses into updated, modern homes creating quality living in and around the city. Currently, there is a shortage of affordable, updated, modern housing in the City of Boston. Because of its historic nature much of the current housing inventory is old and outdated, REvolve Partners has developed a systemized approach to acquiring, updating, and renting/selling distressed houses in the Boston market. By creating these systems, we thoroughly understand our project timelines, budgets, and exit strategies for each property. The population in the city of Boston has grown over 23% in the last decade, however the housing inventory has decreased 2% during the same period according to a recent NYU report. This discrepancy has led to huge demand for quality rentals and updated, modern condominiums. Our team of local industry professionals identifies off market leads so that we can acquire distressed properties with value-add potential, update them with our contractor partners, and get them back to market as rentals or retail luxury condominiums in less than 12 months. Our financial model is unique in that we make money on each house we purchase. Buy and hold properties produce monthly cash flow and equity over time, while condo conversions create profits after each project is complete. The equity from buy and holds and the profits from condos can be reinvested to continually grow our portfolio of opportunities.
FAQ
How much has REvolve Partners raised?
REvolve Partners has raised $1,000 of a $1M goal.
Where is REvolve Partners's campaign listed?
The offering is listed on Jumpstart Micro, an SEC-registered Reg CF intermediary.
What are the terms of REvolve Partners's raise?
Debt.
When does REvolve Partners's offering close?
The stated close date is Jun 30, 2018.
