Flock Homes Bewertungen 

The on-boarding process with Flock was very smooth; we had a couple of issues that were quickly resolved. Everyone we had contact at Flock from Ari, the CEO to Danielle our Owner Advisor acted in a professional and transparent manner. In short they did what they said they would do. Our quarterly income is actually slightly higher than what was projected. I highly recommend Flock to owners that want to retire from property management while still maintaining a real estate investment.

The 721 Exchange program offered an easy way to exit my “mom and pop” real estate rental business . The personnel I have worked with have been responsive, educated and helpful in making the transition.

In my working ,non-real estate life , I owned a software firm and from what I’ve seen and used on Flocks’ portal, they are implementing quite an extensive array of software tools to help analyze and follow the business model Flock has stated.

The offer given for my portfolio was fair and based on the latest market statistics. The offer did reflect the estimated scope of work necessary to bring the properties up to Flocks’ standards which is what I want to see in all their inventory of homes!

If you are looking for an exit from being a landlord, seriously consider Flock.

Flock is a great way to stop managing out-of-town properties but still stay in the SFR asset class. We haven’t been building enough SFR in this country for like 30 years, so bullish on this asset class. Flock also provides instant diversification so any local market downturns are set off by higher-appreciation markets. Highly recommend Flock to anyone who wants their passive investments to stay passive!

I initially transferred 2 Houston homes to Flock two years ago. After very good and seamless transactions, this summer I also transferred a Phoenix home to Flock. I have only had positive experiences communicating with Danielle, Ari, Chad and others. All are very knowledgeable and helpful. If you no longer want the job, expense and headaches of being a landlord but still want to defer taxes on your properties and continue to receive returns, Flock is an excellent way to go !!

Joined Flock Homes a couple of years ago. The returns haven't been great so far, but I'm in the Black and I don't miss the Landording responsibilities. Hopefully the returns will increase in the next few years.

Flock checked all the boxes for me personally. Move on from active landlord duties, defer taxes on my heavily deferred equity, and stay invested in an asset class I still believe in. Not straddle my beneficiaries with something they can’t handle and give them an easier, more controlled exit. But probably the biggest thing was not having to remove my tenants and the things that go into selling a property. I have been invested for almost 3 years, and as a fairly early contributor, I was a little nervous. There were a few minor bumps at the beginning, but the Flock team was great at listening to my concerns and were quick to adjust the process for future contributors. Since then, they have delivered on everything they promised and more. Anyone considering contributing If it checks all of these boxes for you or even just many, I would strongly consider joining the Flock. Flock has been an amazing strategy for exiting my rental business.

Flock was an excellent strategy for relieving myself from management and maintenance responsibilities, while maintaining tax favored income and not causing a taxable event. The Flock team made solid offers and took care of everything to acquire my properties and takeover management on day one.

Having done many 506c investments and given the post-COVID strains on real estate projects, you come to cherish conservatism and transparency, both of which Flock excels at. Their 30% loan-to-value allowed them to keep their sacred promise of never missing a quarterly distribution through the toughest of times. And you know just where their operations stands as they communicate regularly and often.

If you are looking for a way to diversify your risk in rental real estate and also get rid of the day to day problems of either managing your property or paying to have it managed, this is the way to go. Your able to keep the property in your estate but now have it comingled with others. This also defers the gains so you keep the government from taking taxes, this way more of your money continues to work for you because of the 1031 format. The best part is if you have a few beneficiaries, instead of selling one property after an inheritance, each person can decide what they want to do with their 'shares'. No one is forced to sell and they get a step up cost basis. Flock does a great job of making this transition smooth and the management from Ari down to the property managers are all focused on the same thing, a great investment for shareholders and doing the right thing for people who rent out our properties.

Flock Homes is a very legitimate option for owners of rental property that want to retire or simply relieve themselves of management. The leadership and employees are very transparent, honest, and responsive. Their digitized portal is state-of-the-art, and they also really listen to how their clients experience their investment reporting. 5 stars!

Flock does a wonderful job keeping its investors tied into the performance and strategy of the company in an ongoing fashion.

We have been clients of Flock Homes for several years now. I have taken a while to write this review. Initially I wanted to give it some time to see how this investment played out. Later, I just kept putting it off, not because of any dissatisfaction more because everything was playing out just as advertised, The exchange with Flock was seamless and quick. Their offer was quite comparable to the sales prices of other homes in the neighborhood.

We waited patiently for our first distribution, we received that distribution on schedule no issues and quite pleased with the amount distributed. While I do not often participate in the client services available (monthly calls, client updates, client council, etc) I eagerly consume all of the information received. Flock Homes does an excellent job of allowing their clients to be involved in the growth and direction of the company.

The only difficulty I have had with this exchange is tax filing. I do my own taxes and the first couple of years I had a time figuring out how to file the necessary forms. Using Turbo Tax, I also found out Turbo Tax does not have a lot of expertise in that area. I would recommend using a tax accountant or preparation service.

I would gladly exchange my next rental for an additional slice of Flock Homes

We had owned a rental property for about 10 years which had appreciated in value. As we were easing into retirement, we really wanted to eliminate the management and maintenance it involved (we did most repairs ourselves). But we didn't want to trigger the large income and attendant capital gains tax that a sale would have trigger (all in one tax year). We had read about flock in the local paper, as they are based near us. They had been in business about a year when we responded to a flier in the mail. We were getting information, thinking maybe of acting within a year. But they encouraged us and supported us very well, even making the CEO available to us. We're glad to no longer have the responsibility of the property and still have some retirement income from having owned it. Our plan was to withdraw our equity over several years, but so far (over two years in), just getting quarterly dividends has worked well for us. The equity has gone down a little, due to fluctuations in the housing market, but that is expected of any investment.

After going from a bad to worse property management company, I decided to sell my rental portfolio. I am glad that Flock Homes exist. They were able to provide an outstanding support throughout the process... dealing with the property manager, tenants, issues with the city housing department, etc. The company is fair and transparent. Ari and the Flock team exceeded my expectation. I highly recommend Flock Homes.

The Team is very knowledgable and efficient with my time. They know what they need and describe it in detail, which saved me time. Always timily in responding to my questions. The platform they use ( portal) is really good for me as an investor. I can see very timily where they are moving with acquisitions The value they placed on my property was right inline with my independent appraisal. I'm very pleased to be invested in Flock

My story: I had a nothing-fancy, well-kept, simple-to-maintain, easy-to-rent brick duplex in a very convenient in town Atlanta location. I had had it for nearly 30 years and was ready (if reluctantly) to let it go. After difficulty in getting a solid credit-worthy tenant (for the first time ever: scammers!), run-arounds with tire-kickers and developers wanting to buy, I decided to pursue the Flock option. This capable, young, bright, accessible, energetic and financially astute team made it easy. Given the market in early 2023, I probably didn't get as much as I would have if I had had a realtor sell it. But, then you never know unless you put it out there and are willing to wait and negotiate. The upside in Flock not overpaying is that since you are partnering with them, you don't want them to. That would be bad business. You want them to be fair to you (and others) and not lose money on their purchases. They have a formula you can respect and you want that formula to keep working. Nope, I am not netting as much a year as I was, but I also am not managing it, paying and appealing high taxes, meeting with various contractors/handymen, overseeing the work, or worrying any longer about marketing, move-outs and move-ins, the age of the water heater or the roof. I've happily done my share of 1031s in the past, but this time I wanted to try a different approach. I had an opportunity to speak with the founder and CEO (AR/Stanford Business) and with other investors. Every encounter has been so positive. All questions have been welcomed and answered promptly and thoroughly with interest, care, and straight-forward integrity. How rare! Once I made the decision, things moved along at a fast clip. The process was virtually seamless and when there was a hiccup, there was always (and still is) one great person or two on the other end of the line to walk me or talk me through it. You can feel the pride the Flock team takes in what it does and is building. And, you are as much a part of it as you want to be. Transparency. Integrity. Humanity. When you are ready to let go, maybe let go with Flock where you still have a piece of the action, yet complete peace of mind. It's been a win-win for me.

My experience with Flock has been rewarding. I was leery at first because I had not been involved with a REIT, 721 Exchange. However, over the months I've been involved, I have found Flock to be like a family in the care of all my concerns and investment. The customer service is second to none with immediate response to inquiries each time I've needed to make contact. The statements and distributions are sent out on time and downloadable.
"Business integrity" are the two words that best describe what I've come to believe about Flock's administration.
I'm satisfied to be sheep in the flock, the family of FLOCK.

FLOCK provided a fair value and took over management with my tenant in place. It's been just over 1 year and the performance has been as expected. I am happy to have joined FLOCK and may transfer more homes.

I'm one year into my contract with Flock Homes and feel I'm ready to give feedback on my experience thus far.
First the positive. The process from start to finish was handled very professionally by Flock staff. The offer made on my property was good and the transaction went very smooth. All interaction with the staff has been excellent.
On the less than positive side, you are locked into a minimum 3 year contract with them and returns are paid at approximately 3 percent of a value they control. The website boast of a 5-9 percent appreciation, again information they control.
I would encourage all potential investors to read all reviews and documents thoroughly. This concept has value to the right people since you no longer have to deal with tenants and maintenance cost. But you will permanently lose control of your asset.

Working with FLOCK was easy, well understood by the agents I spoke with, they answered all of my questions, and took over the property in a timely fashion. In fact I made more money in the first quarter than I would have made taking in the rent for a year. I had to transfer the property through a local Real Estate Agent that managed the property for 20 plus years. Things when smoothly and there was no glitches in the transfer. Investing in FLOCK will only grow with time, and I am glad I am in the early stages of the program. FLOCK ON!