HomeUnion Expands into Tampa, Now Offering SFR Investment Properties in a Third Florida City

Irvine, Calif. — October 26, 2015 — HomeUnion, an online real-estate investment management firm, enabling value investing in single-family rental (SFR) properties, announced today that it has added Tampa, Fla., to its list of active investment markets and has just released a new investment report on this market. With the addition of Tampa, HomeUnion offers SFR-investment properties in 22 markets, with listings and investment parameters available through the company’s secure website.

The HomeUnion Third Quarter Market Report for Tampa highlighted employment growth as a key strength of the market with more than 36,000 jobs expected to be added during 2015. Combined with vacancy rates for three-bedroom homes falling 30 basis points to 5 percent, Tampa is a prime investment market. Job growth is being fueled by multiple industries including leisure and hospitality, education and health services. In addition, Johnson & Johnson recently announced plans to locate key corporate services in the area, which will add more than 500 high-paying jobs. HomeUnion projects that monthly rents are expected to climb to $1302 per month by year end, a 2.9 percent increase over 2014.

“The Tampa area enjoys a diverse economic base that continues to grow, adding new jobs and attracting new companies to the area,” said Don Ganguly, CEO of HomeUnion. “The solid economic base combined with the strong demand for rental properties means that investors can enjoy sustainable, relatively high yields through their investment, which is particularly attractive when compared to the low yields available in other cash-producing investments like CDs and bonds.”

Once a new market has been identified, HomeUnion hires real estate professionals who have an intimate working knowledge of the neighborhoods, property values and rental rates to verify the investment potential. For Tampa, HomeUnion has hired real estate veteran Aubrey Reed to fill this role. The company, therefore, combines local expertise and advanced analytics before offering any SFR investment property on their website.

In addition to Tampa, HomeUnion is actively listing investment properties in:

• Atlanta

• Austin

• Baton Rouge

• Birmingham

• Charlotte

• Chicago

• Cincinnati

• Cleveland

• Columbus

• Dallas

• Davenport

• Houston

• Huntsville

• Indianapolis

• Jacksonville

• Memphis

• Minneapolis

• Orlando

• Raleigh-Durham

• San Antonio

• Southern California

Properties in HomeUnion markets generally range in value from $65,000 to $225,000, and are expected to offer annual returns ranging from 6.5 to 14% − depending on leverage. Expected return on investment is based on final purchase price, the amount of financing used at closing, fees, rent and expense projections. Appreciation is not considered in the calculations.

HomeUnion’s investment site allows individuals to invest remotely in single-family real estate, an asset class that was previously not available to the individual investor. With HomeUnion’s guidance, investors choose a property from HomeUnion’s database of vetted assets that best fits their investment needs (income generation, growth or balanced). HomeUnion manages the acquisition for the owner and then handles the ongoing management of the property. The site has been operational since May 2014.

About HomeUnion

HomeUnion is an online real estate investment management firm, bringing value investing to the individual investor in single-family rental (SFR) properties. Based in Irvine, Calif., it provides all the services needed for individuals to invest remotely in SFR properties. The company uses a combination of data-driven proprietary analytics incorporating over 120M homes and 200,000 neighborhoods, delivering its solutions to an on-the-ground infrastructure currently serving 20 locations and expanding. HomeUnion’s role spans the lifecycle of the investment transaction: from identifying sound investments; handling all aspects of acquisition; maximizing income; protecting asset value; and selling it when the time comes.

Media Contact:

Chris Cosentino

chris@campbelllewis.com

917-519-6300

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