Let‘s talk about the single-family rental market and fractional ownership

Daria Davydenko is a Securities Sales and Operations Specialist at Roofstock where she supports Roofstock's fractional ownership product, Roofstock One. Prior to that, Daria served as Vice President at Goldman Sachs. Her background in finance provides her with a unique view of financial markets and risk management.   In this episode, she provides us with an update on the state of the single-family rental market. We dive into the data and learn about this sector's performance since the financial crisis of 2008-09. Additionally, we cover Roofstock's exciting new investment, Roofstock One, a fractional ownership option for accredited investors. --- Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: Hey, everyone, welcome to another episode of the real estate investor. I'm Michael Albaum and today I'm joined by Daria Davydenko, who leads sales and operations for Roofstock One, she's gonna be talking to us about the state of the single family rental market as a whole, as well as what Roofstock one as an offering is. So let's get into it   Daria, thanks so much for taking the time out of your day to come hang with me.   Daria: Thank you for having me, Mike. It's always a pleasure to chat and especially about single family rental space, we are so passionate about it. And always, you know, good to talk about the space.   Michael: Absolutely now. I'm thrilled to talk about it. I'm thrilled to have you on and so obviously, you and I know who each other are, we go way, way, way back. But I was wondering if you could share with our listeners a little bit about who you are, what is it that you're doing at Roofstock? And what are we going to be talking about today?   Daria: Yeah, absolutely. So my name is Daria, Davydenko, I am part of the Roofstock One team. Prior to restock, I was in Goldman Sachs, Vice President of Goldman Sachs and I decided to switch and join an exciting and growing company like Roofstock. And I am even more excited to talk about the Roofstock One, which is a new product that we have just launched a couple weeks ago. And I can't wait to tell you more about it.   Michael: Awesome. So I would love if you could talk to us a little bit about how Roofstock One got it started and why does it exist?   Daria: Yeah, so we actually it was a very interesting story. Our co founder, he was on a phone with one of the investors and Roofstock is a marketplace where we sell single family rental space to potential investors. And so we got on the phone with one of the investors and we were just curious, like, hey, you know, what can we do differently to, you know, maybe, maybe improve something on our website, so you can purchase, you know, some single family rental homes for yourself and grow your portfolio. And it was very interesting, because investor came and say, you know, I feel like that the minimum is really high, because you will literally need to commit 100,000 $200,000 Just to get like a one single family rental home. And I'm not very, you know, I have never done this before. So I'm a little bit nervous about it.   And so we kind of got off the phone. And I think, you know, that kind of started the whole idea of, you know, after talking to the investor about fractional shares of homes ownership, so we were kind of the first company out there who started that, and Roofstock. One is the result of our intensive research in this space, how to make this work, how to make the single family rental, fractional ownership work, and how to make the single family rental space, more accessible, like so we a