Cornerblock AI
An ecosystem that tokenizes and operates single family rental properties with crowdsourced partial cash offers.
An ecosystem that tokenizes and operates single family rental properties with crowdsourced partial cash offers. Aims to reduce upfront capital costs to SFR income stream, increase liquidity, and diversify across rental markets.
CornerBlock solves for the following issues in SFR: 1. high upfront cost, 2. lack of liquidity, & 3. risk concentration. The idea came to me one night after interviewing smaller investors why they aren't making offers while the institutions are scooping all the deals.
The VHNWI & UHNWI investors tend to rely on FAs or their agents. The HNWI & near-HNWI are reluctant to tie up their liquidity on a single or a few houses. The white paper linked below discusses how I plan to help investors with $300-500k in liquid asset access SFR.