Flock HomesReviews of flockhomes.com

As a Chartered Financial Analyst (CFA) and former Certified Public Accountant (CPA) with 30+ years as a real estate investor, I found that a Flock Homes is the best solution for achieving true real estate retirement while maintaining the full stepped-up basis upon death.* The 721 Exchange into Flock means you: • Simplify: Delegate property management, repairs, and all tenant issues. • Eliminate the 1031 Treadmill: No need to find new replacement properties. • Maintain Tax Deferral: Benefit from a stepped up basis at death.* • Reduce Risk: Through geographical diversification, professional management, and economies of scale.  Unfortunately, I discovered Flock about the "7th inning" of my planned exit strategy from direct real estate investment. Before finding Flock, I used every available exit ramp: outright sales (triggering taxes), diversifying through numerous Delaware Statutory Trusts (DSTs), and Opportunity Zone (OZ) investments. While all got me away from dealing with tenants, they introduced their own headaches and risks. ESCAPING THE 1031 EXCHANGE TREADMILL The problem with DSTs is the continuous 1031 exchange requirement every 3 to 7 years. This forces the investor back onto a stressful "exchange treadmill," often when markets, interest rates, and property valuations are dramatically different, making future investment decisions less desirable and more difficult. The Ten Year forecasts tend to be guesswork, with an optimistic bias.  Opportunity Zone (OZ) funds have their place, but they mandate a ten-year holding period and typically offer several years with no cash flow—a difficult proposition for those wanting cash flow during retirement. FLOCK'S STRATEGY: MATCHING THE MARKET, NOT MAXIMIZING RETURN THROUGH LEVERAGE AND CONTINUOUS TURNOVER. Flock’s strategy is simple and perfectly aligned with the passive retirement mindset. Their goal is not to maximize returns through high leverage (which inherently increases risk). Instead, Flock aims to match the market returns(historically around 8-10% over the long run) while providing relatively stable quarterly cash flow in line with prevailing market rents. If your goal is to fully retire from the hassles of ownership, secure long-term generational wealth, and receive quarterly cash flow, Flock is, in my professional opinion, the best long-term asset management solution for those who own rental properties (up to 4 units) that meet Flock’s quality standards, in areas where Flock operates (currently 17 states).  *Nothing is perfect. There is still political risk. Congress actually eliminated the stepped up basis in 1976, but repealed it before it was to take effect in 1980. Since then, the idea has been discussed and endorsed numerous times, but so far the stepped up basis at death has survived.

Provides the taxation benefit of a "like kind exchange" without you having to discover the exchange on your own. Compared to a "buy and flip" type buyer, they work to establish fair market value and once you agree with them they move swiftly. They hire their own appraiser and inspector and pay the fees. The onboarding team is professional and polite. They move swiftly without being pushy. I did a TON of due diligence because this transaction amounted to roughly 1/4 of our nest egg. They audit themselves as much or more frequently than any non-public company I've ever known about.

Very thorough and transparent process. It has been a pretty seamless transition. And if you no longer want to deal with the daily grind of rentals, this is the way to go!

Flock makes the process of contributing your rental properties to their R.E.I.T. very easy. They offer competitive purchase prices for your homes and are vigilant in communicating with their clients to ensure everything is handled smoothly. The process is completed very quickly and requires little involvement on your part. We are repeat contributors to Flock because our experiences have been hassle free and very positive.

Selling my rental property to Flock Homes was a game changer for my portfolio. The entire process, from initial contact to closing, was incredibly smooth and transparent. Their team was professional, responsive and answered all my questions thoroughly. Flock has taken away all the headaches of a Landlord while offering tax advantages through 721 exchanges. I would highly recommend Flock Homes to any rental property owners for peace of mind, a diversified investment portfolio through their innovative 721 exchange model and the benefit of transitioning from active Landlord to passive investor.

Very transparent company. So far, they have done everything that they said they were going to do. Would hardly recommend.

We found Flock Homes in 2024 while considering options for a portfolio of rental homes. We needed to be relieved of ongoing rental management responsibilities but wanted to maintain a solid income stream. Initially, we planned to sell the entire portfolio and invest elsewhere via a 1031 exchange, but after investigating Flock Homes and meeting its founder and senior management, we decided to use many of the properties in a 721 exchange to join the Flock fund. Since then, we’ve been very happy. Flock’s valuation and onboarding processes were quick, easy, and clear. During onboarding, Flock’s team was patient and even helped us work through some unexpected issues that arose on our side. Since joining the Flock fund, returns have been as promised. Flock’s reporting has been open and communication from management has been regular. The website and app are easy to use. Best of all, it has been a pleasure to work with the Flock Homes team. I recommend Flock Homes to anyone who faces the situation that we had.

Fair pricing and seamless closing transaction. The process was as described to me and the investor portal is easy to navigate and understand.