Rental property and real estate startup, Knox Financial, raises $10 million in a new investment round for its digital platform.
The startup provides users a resource to more easily turn a home into a rental property via its platform called “Frictionless Ownership.” The startup provides landlords with a variety of services including actual work on the property, insurance options, finances and taxes and the legal aspects, among others.
The platform also provides tracking abilities for properties financial, among other aspects, using its own algorithms.
“We save investors a lot and almost always make their portfolios more profitable,” Co-Founder at Knox Financial, David Friedman said to TechCrunch. “If someone is moving or upsizing, we can turn properties into incredible ROI generators or cash flow.”
Boston-based Knox Financial was founded in June 2018 by Friedman and Spencer Taylor. The startup will use the new Series A funding round to grow its customer base, as well as expand its presence. The company is currently available in seven states across the United States.
“When a dollar of rent moves through our system, we keep a dime,” Friedman said, as reported by TechCrunch. “We align our interests with our customers. If there’s no rent coming in, we’re not making money. Or if a tenant doesn’t pay rent, we don’t make money.”
Investors in the current round include G20 Ventures, Greycroft, Pillar VC, 2LVC and Gaingels.
(Picture courtesy: Knox Financial)
Good article. I definitely appreciate this site. Keep it up!
I got this site from my buddy who informed me on the topic of this web page and now this time I am visiting this
web page and reading very informative posts at this time.
Good day very nice blog!! Man .. Excellent .. Superb
.. I’ll bookmark your blog and take the feeds also?
I’m glad to seek out numerous useful info right here in the put up, we want develop more techniques in this regard,
thank you for sharing. . . . . .
Hi there, i read your blog from time to time and i own a similar one and i was just wondering if you get
a lot of spam responses? If so how do you stop it, any plugin or anything you can suggest?
I get so much lately it’s driving me mad so any
help is very much appreciated.
Do you mind if I quote a few of your articles as long as I provide credit and sources back to
your blog? My blog is in the very same area of interest as yours and my visitors would certainly benefit
from some of the information you provide here. Please let me know if
this okay with you. Thanks!
Normally I don’t learn post on blogs, but I would like to say that this write-up very pressured me to check
out and do it! Your writing taste has been amazed me. Thanks, quite great article.
Piece of writing writing is also a excitement,
if you be familiar with then you can write otherwise it is complicated to write.
I have read so many posts concerning the blogger lovers except
this article is actually a fastidious piece of writing,
keep it up.
Hi to every body, it’s my first pay a quick visit of this webpage; this website consists
of amazing and really excellent material for
readers.
Hi there, yeah this post is actually nice and I have learned lot of things
from it about blogging. thanks.
Hello! I know this is sort of off-topic but I had to ask.
Does operating a well-established website such as yours take a massive
amount work? I’m brand new to running a blog but I do write in my diary daily.
I’d like to start a blog so I can easily share my personal experience and feelings
online. Please let me know if you have any kind of suggestions or tips for brand new aspiring bloggers.
Thankyou!
I know this website presents quality based content and additional data, is there any other web page which gives these data
in quality?
It is perfect time to make a few plans for the future and it is time to be happy.
I’ve learn this submit and if I may I want to counsel you
few fascinating issues or suggestions. Perhaps you could write subsequent articles referring to this article.
I wish to learn more things about it!
Very good post! We will be linking to this particularly great post on our
site. Keep up the good writing.
I loved as much as you will receive carried out right here.
The sketch is attractive, your authored subject matter stylish.
nonetheless, you command get bought an nervousness over that you wish
be delivering the following. unwell unquestionably come more formerly again as exactly the same nearly a lot often inside
case you shield this hike.
It’s amazing designed for me to have a site, which is good for my knowledge.
thanks admin
I really like your blog.. very nice colors & theme. Did you create this website yourself or did you
hire someone to do it for you? Plz answer back as I’m looking to create my own blog and would like
to know where u got this from. cheers