Here

Here

Real Estate

Here is a full-service platform for busy professionals to invest and own fractional ownership of vacation rental properties. It lowers the cost-of-entry and minimizes the time commitment for real estate investing. Here is engineered to help first-time investors easily understand different opportunities and help existing investors quickly enter new markets.

Investment risk

Medium

Min investment

$5,000

Target return

Varied

Fees

0%

Overview

A Here investor owns an interest in a series of the Here LLC that entitles the investor to receive annual cash distributions of the property’s net rental income and potential tax benefits normally associated with direct property ownership, such as depreciation and expense write-off.

Here enables investments in properties starting at $10 per share (500 share minimum). Not only will this make rental investing accessible to a much larger audience, but it also enables investment diversification across multiple properties for far less capital than what is traditionally possible.

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Why Invest

  • Totally passive income: Here includes professional in-house property management, so you are freed from time-consuming tasks and decisions.
  • Low minimum investment: Shares are offered in select vacation rentals representing as low as 1% of the property’s equity, this results in a lower barrier to entry & lower cost of diversification.
  • Secondary market available: After an initial holding period, liquidity options become available such as the ability to sell your property shares to other Here members.

How you make money

Investors select a Here property and acquire fractional interests that represent an ownership interest in that property. The investment is designed to deliver passive income without management responsibilities.

Once Here accepts your investment and your funds are transferred, you will be entitled to receive quarterly distributions of pro-rata net rental income (rents minus fees, expenses, and additional reserve allocations) generated by the property, plus potential tax benefits normally associated with direct property ownership, such as appreciation, depreciation and expense write-offs. Here handles operational responsibilities.

How Here makes money

  1. Here collects a sourcing fee based on the total value of the property offered on the platform. This fee covers services such as property acquisition, renovation, furnishings, underwriting, legal, compliance costs, and more.
  2. Here retains a monthly property management fee subtracted from the gross monthly booking revenue. This fee covers expenses such as property management, demand generation, guest relations, and cleaning scheduling.
  3. Here collects an asset management fee annually based on the total asset value of each property on the platform.

Is it Safe?

Investments on Here are subject to risk. Risks include, but are not limited to general economic conditions, illiquidity, complete loss of invested capital, subject to interpretation by the courts, and risks beyond issuers control. There can be no assurance that investment objectives will be met.

Things to know

  • You make money onDividends + Value
  • Fees0%
  • Payout frequencyAnnual
  • Term of investment60+ months
  • LiquidityHard
  • Open toAll Investors

Company

  • Country availabilityUS only
  • Assets under managementUnknown
  • Established2020
  • Mobile Application No

Investment Return Calculator

Calculate your estimated return to reach your investment goals.

$
%
years
$
Frequency
Monthly

Invested

$11,000

Projected fees

$0

Projected return

$3,949.75

Value after fees

$14,949.75

Any references to past performance, regarding financial markets or otherwise, do not indicate or guarantee future results.

Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results had the strategies been deployed in actual securities accounts.

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