Ark7 offers a unique way for people to invest in real estate. Instead of buying an entire property, you can invest as little as $20 to own a piece of rental real estate in various locations. This platform provides both non-accredited and accredited investors a chance to enter the real estate market without the high costs typically associated.
In this Ark7 review, we’ll break down Ark7’s features, benefits, and what you should know before investing.
Ark7 Reviews & Ratings
Before we get too far into this review, let’s look at Ark7 reviews & ratings from actual users to get a better feel for the platform.
domsavillo, May 8, 2023
Verified
Ark7 continues to impress.
I’ve made several investments on the Ark7 platform over the past two years. Navigating the app or through a browser works equally as well. Their platform is smartly thought out, very user friendly. Communication and processing orders has been top notch!
Date of experience: May 08, 2023
customer, Apr 6, 2023
Verified
I am happy to diversify my portfolio as…
I am happy to diversify my portfolio as the economy is not doing to well. I researched and came up with Ark and because I’m not independently wealthy and work a regular 9-5 I am able to get into real estate by buying fractionally. I hope to continue and over time to Learn a lot. Going on the app and site was easy and look forward to our future business.
Date of experience: April 06, 2023
JK cseskr, Feb 16, 2023
Real estate investing made easy
So far a very exciting place to invest. Unlike a REIT you can invest in a single or multiple properties of your choosing and feel like you have a real ownership interest in the homes. A great way to invest in real estate without the huge cost as a barrier to entry or the headache of property management.
Date of experience: February 16, 2023
What is Ark7?
Ark7 is a real estate investment platform founded in the Bay Area by Yizhen Zhao, an ex-Google engineer, along with Jim Holt, Ling Yang, and Yujian Weng. The platform allows investors to buy fractional shares in rental properties, making real estate investment more accessible to many.
Properties on Ark7 are located throughout the U.S., with each property title held by a specific LLC created by Ark7. Investors purchase shares in these LLCs, while Ark7 manages the properties. Currently, they boast over 20,000 investors and properties valued at more than $15 million.
Ark7 Features
- Fractional Shares: Ark7’s primary draw is its offer of fractional shares. This feature lets investors step into the real estate market without buying entire properties. Whether you’re an accredited or non-accredited investor, this platform has something to offer.
- IRA Holding: With Ark7, you can house your shares in either a Roth or traditional IRA. By doing so, rental income earned remains untaxed, although there are associated fees, which are waived for larger balances.
- Diverse Real Estate Investments: Ark7 showcases a broad spectrum of rental properties for investment. It means a rich blend of options spanning different markets and types, including apartments and standalone houses.
- Secondary Market: A notable feature is Ark7’s secondary market. This setup is intended to increase the liquidity of shares. However, the level of activity might vary, possibly affecting the time it takes to find a buyer.
- Straightforward Real Estate Investing: With the Ark7 investment platform, diving into the realm of real estate investing becomes straightforward. The platform facilitates real ownership, negating the headache of property management, and making it accessible for a wider range of investors.
- Secure Operations: Security isn’t taken lightly. Ark7 employs advanced measures to ensure the safety of both personal and property-associated data. Plus, each listing undergoes thorough checks to maintain quality standards.
- Ease of Navigation: The platform’s design is user-friendly. It provides comprehensive information about each property, including potential returns, all while being intuitive to explore.
How Does Ark7 Work?
Ark7’s primary operation revolves around acquiring rental properties, either by buying outright or through financing. Once a property is secured, Ark7 lists it on their online platform, dividing the property into shares for purchase by investors. Of these shares, Ark7 retains a percentage, usually between 1% to 10% for themselves.
For investors, purchasing these shares translates to fractional ownership of the property. This ownership is technically a stake in an LLC that holds the property title. By owning these shares, investors receive monthly dividends and also stand a chance to benefit from any potential appreciation of the share’s value.
Ark7’s property portfolio is diverse, spanning several states including California, Texas, Georgia, and more.
The process for potential investors is straightforward:
- Sign up on the Ark7 platform.
- Browse the available properties and their respective share prices.
- Each property listing offers detailed information to assist in decision-making.
- Additionally, Ark7 provides a marketplace feature where investors can buy or sell shares from others.
In essence, Ark7 offers a direct, uncomplicated pathway to real estate investment.
Final Thoughts
Navigating the vast world of real estate properties can be a daunting task. Ark7 stands out as a suitable option for both potential investors and seasoned pros. The beauty of this platform lies in offering real ownership through fractional ownership, freeing investors from the headache of property management.
Ark7 ensures every non-accredited investor, too, has a seat at the table, facilitating access to individual properties and the potential returns of the real estate market. With a diversified portfolio that encompasses a wider range of high-quality properties, Ark7 simplifies the real estate investment journey.
Dive deeper into what this platform can offer and kickstart your journey in the world of fractional real estate ownership: click here.