HN Explorer

Show HN: Invest in Airbnbs Like Stocks (arrivedhomes.com)

7 points by fvryan ↗ HN
Hey HN - I’m Ryan, the co-founder of Arrived.

We made it possible to buy shares of vacation rentals, starting from $100. Investors earn the booking income & property appreciation from being an owner, without all of the work typically involved.

Airbnb’s can be a killer business. They have helped vacation rental owners generate over $150 Billion in rental income from serving a billion guest arrivals, but less than 0.5% of these guests have been able to participate in the owner side of the Airbnb economy.

Arrived is the first company with SEC Qualified offerings to buy shares in individual properties like this. We launched rental home investing last year and have funded $55m in rental homes across the country so far. And we are excited to launch vacation rental investing on our platform this week. Would love any feedback on our vacation rental launch.

16 comments

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fvryan
For anyone interested in giving it a try, here is a signup code for $50 in shares in any of the properties: "hackernews". Thanks!
matt-attack
Where do you enter the code?
lajamerr
I was wondering so as well. I went through entire sign-up process and did not see a place to enter a code.

Edit: There seems to be a gift code when you try to invest in a property but the code hackernews is not a valid promotional code.

So it would be nice to get clarification on where this code would be put in.

Aside this seems like a cool platform. I know some people will be cynical and call out the housing crisis as a issue.

In some cases it's justified. But if I just want to invest in a rural house in Arizona that is used as a vacation spot, what's the issue with that?

urmish
Housing market unfortunately does not conform to the free market rules since its supply is heavily regulated by voting whereas demand keeps soaring in most places. Having secondary instruments like this website only worsens the existing problem.
barbazoo
> In some cases it's justified. But if I just want to invest in a rural house in Arizona that is used as a vacation spot, what's the issue with that?

I think it's because that house is in a community that people need to live in. There are too many instance to count where vacation rentals have priced residents out of their own communities. And when the people can't live there, how are they going to work there?

fvryan
Hey! The code is entered during checkout when you select how many shares you want. And I should have put all caps "HACKERNEWS"
activitypea
Capitalism and its consequences have been a disaster for the human race.
messe
I hope your company never makes it to the EU. The notion of housing as an investment rather than a basic human need has priced many people out of the market, and Airbnb's have impacted the availability of rental stock exacerbating the housing issue in many locales further.
barbazoo
What's your take on the housing crisis and whether what you're building will exacerbate or improve the situation?
1shooner
I'm part of the 99.5% of non-airbnb investors Arrived is ostensibly trying to expand to. I like the potential of micro-investment, but right now it's not socially tenable for me personally to tell my friends I'm an Airbnb investor.

Airbnb's biggest personal impact for myself and them has not been as a vacation vendor, but as an entity radically transforming our neighborhoods and access to housing. Does Arrived have any standard in terms of community impact?

fvryan
We look for properties that are in high tourist and vacation destinations. With this model we think a lot more people can invest together, in some cases 500-1,000 in one property. Right now those same vacation properties are traditionally owned by one person.
ryeights
Are you concerned that the proliferation of Airbnb properties and other short-term rentals is contributing to the affordable housing shortage we are seeing across the U.S.? A killer business indeed.
matt-attack
Didn't see anything in the FAQ about acquiring existing AirBnB rentals. Curious to know if you make offers on existing homes with proven track records?
fvryan
We like to partner with current Airbnb operators and they also help facilitate the day to day management. There is a "Partner with Arrived" link on our header
urmish
I can't think of anything that can go wrong with this. This would be a great satire website idea.
fabiofzero
This is pure evil and you should be ashamed.