You're projecting to be cash positive on or about 2027?

Hi Martin, yes that is correct. We are projecting to be cash flow positive by 2027.

Is this an investment in the "Future of Housing Fund" (FOHF) or in the actual company "Elevate Money"?

Hi Donald, the investment made on Wefunder is for shares in the parent company, Elevate Money Inc. The Future of Housing Fund will be open for investment later this summer on the Elevate Money App and website.

I'm currently an investor with Elevate Money. However since your company has teamed up with Boxabl what would the wiser and most profitable decision to make? Invest directly with Elevate or Boxabl? The difference? Also I have initially invested 10k with Boxabl but I asked for ...

Hi George, we appreciate your enthusiasm! We love Boxabl and are very excited about the prospects for Elevate Money. We are prohibited from providing investment advice. If you could ask any specific questions on Elevate Money and our Wefunder offering, we would be happy to answer them.

I'm interested in investing, but am curious about the structure and what I'm "investing in." So the REITs are externally managed by ElevateMoney, correct? So ultimately, we're investing in a company with future revenue streams that are fee-based, is that right? So what are the...

Hi Salvatore, great questions. You are correct Elevate Money's business model is fee-based. We earn revenues for real-estate related services (property acquisition, management, etc) from our REITS on the AUM (Assets Under Management). Our model resembles Blackstone's B REIT; the significant difference is how we approach customer acquisition. We sell shares in our REITs direct to consumers (via App and Website) and target the next generation of investors.

Will the FOHF be in the single family rental space (ie, equity REIT)? Or will it provide mortgage financing to owners (ie, mortgage REIT)? Hybrid?

The main objective of the FOHF is to build modular home communities with Boxabl Casitas for rent like an Equity REIT. It will have the ability to finance owners and that is something we could consider down the road.

Elevate Money

Real Estate Investing at your Fingertips

elevate.money

Newport Beach, CA

Technology Fintech & Finance SaaS Real Estate

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Invested $10,000 this round

There is a massive housing shortage in this country which has driven up both the rental and sale price of homes. We need new supply! Boxabl has significantly reduced construction costs, however, we still need developers to get those homes out into communities in order to make an impact (and profit😉). This is what Elevate Money’s The Future of Housing Fund aims to do. They have an easy-to-use app/website with a low investment minimum, two factors that are crucial for attracting Millennial investors. Millennial investors present a massive growth opportunity in the wealthtech space. In addition to investing in the company, I also invested in both of their real estate funds. They have an income focused fund and a growth focused fund. Their platform is transparent, which I very much appreciate as a real estate investor.

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