Bloom

Recently, we stumbled across an incredibly attractive property with a septic tank versus being connected to the city line.

It's being sold for 40% less than the neighborhood's average since it doesn't fit the typical buy box for investors.

We're still getting quotes, but this investment is a no-brainer if we add the house to the city line at a reasonable price. We’re not afraid of getting our hands a little dirty for a worthwhile property.

Curious about real estate investing but not sure where to start? At Bloom, we’re laser-focused on residential real estate. With our market strategy, we expect an average of 2x total returns in ~5 years.

Great news: our first 10 properties have outperformed our initial ~2.5% annual appreciation projection for the first year!

Another inspection passed; only one more to go! We look forward to knocking our next Section 8 inspection out of the water & getting our pre-approved tenant housed.

We’re thrilled to welcome Bryan to the Bloom Invest team!

Bryan supports our central office property management and books, simplifying your options and experience while maximizing your returns.

Aaaaaand that’s a wrap on investments for our first private offering, the Detroit Ring Cities Fund!

We look forward to keeping you posted on its performance and sharing a new public option soon!

We take our tenant standards and eligibility criteria seriously––even if it means a property is vacant a little longer. Take last week, for example; we met a tenant eager to rent one of our newest properties. At first, things seemed great from our conversations, but upon our background check, we learned the tenant had a few serious criminal charges and evictions. Although we, unfortunately, had to tell this prospective tenant that they aren’t eligible for our properties, our criteria and standards make tenant selection quick and fair and allow us to move on to the next interested party with ease.

Our recommendation: don’t be afraid of putting your criteria in black and white. It saves time and confusion and makes it easy for property management teams to engage eligible prospective tenants without guesswork quickly.

📣 Calling all investors, real estate experts, and dreamers––of the options below, which investment sounds most attractive to you? Let us know by commenting A, B, or C below!

Questions about our recession-resistant tenant strategy & working with local housing authorities? Let us know! We’re eager to break down the stigma and bias.

We’re not saying we have a wishlist…but we have a wishlist 👀👀

Quick update: our team placed 7 offers this week! Stay tuned for details about upcoming closings.

GREAT NEWS––We’re live on Rocket Dollar! If you’re a Bloom member and want to invest in through your accounts, PM us for $360 off at signup.