Meet your Advisor
Your advisor is a real estate investing expert with a long history of local transactions. They’ll work with you from goals to closing for every property.
FYVE is excited to partner with Awning, an investor-focused brokerage. Awning uses data and technology to help our customers identify, underwrite, and close on investments that meet their goals - free of charge.
If you are thinking about expanding your portfolio now or in the future, Awning can help uncover the best opportunities around. Sign up and connect with an Awning Advisor.
At Awning you can purchase remotely, giving you access to deals across the United States.
Some markets where we are seeing the best deals and significant interest from our investors include Houston and Austin in Texas, Jacksonville in Florida, and Sacramento in California.
Your advisor will find you properties, supported by our algorithms and the human review of our analysts. Every time they uncover a gem we’ll let you know.
Your advisor can help negotiate an offer, set terms, secure inspections, shop around for financing, and close on the property. When you buy, we collect a buy-side broker commission from the seller.
If self-management isn’t for you, Awning has already vetted experienced local property managers to allow for truly passive income. These managers double-check our rent estimates before closing and handle leasing, billing, reporting, and maintenance for you.
Just like a standard brokerage, Awning makes money on the commission of the sale. The commission price - typically 2.5 to 3% of the total sale price - is a figure that is worked in to the asking price of the property.
We are glad you asked! Awning makes money on the commission of the sale, and we do not charge any additional fees on top of this. We only make money when you successfully transact on your new investment property.
Typically, we find that our investors have had optimal success with at least a 20% down payment and use financing to cover the remainder of the property. As home prices are variable depending on the type and location of the investment, you can use this number plus an additional 5% for assorted closing costs as a conservative calculation for how much you could expect to spend upon transacting on your investment home.
Of course! Remote buying is our specialty. No matter where you live, we can help you find a market that meets your investment goals and make sure that you feel as though you have spent weeks in that market (without ever booking a flight).
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