Techvestor
 | |
| Industry | Real Estate |
|---|---|
| Founded | 2021 |
Key people | Sief Khafagi and Sabrina Guler (Co-Founders) |
| Services | Short-term rental investments |
| Website | techvestor |
Techvestor is a real estate company focusing on short-term rental investments and creating passive investment opportunities for qualified investors seeking to build wealth by diversifying their portfolios. Techvestor is known for its business model which provides investors with cash flow and tax incentive opportunities from day one of investing.
Background
Co-founders Sief Khafagi and Sabrina Guler come from technology backgrounds, having worked for Facebook and Apple, respectively. They began investing in real estate in 2009[1] and founded Techvester in 2021.[2] The company’s success started with a software product that optimizes 18 million data points to find matches between customers and short-term rentals for purchase.[3] From its initial launch of the proprietary software platform, Techvestor moved into passive investment opportunities in short-term rentals (STRs).
Company
Techvestor began as a software product linking customers to short-term rentals but has expanded to managed services for passive investment opportunities through short-term rental development and operations.
The company is premised on a passive, partnership-driven approach that is human-centered while utilizing data-backed investment decisions.[4] Services are aimed towards accredited, qualified investors looking to diversify their portfolios without taking on full real estate and development responsibilities.[5] Techvestor uses its proprietary software to match investors with optimized short-term rental opportunities and oversees the development, renovation, operation, and management of these rentals.[6] Techvestor provides customers with passive investing opportunities with pro-rata ownership, tax benefits, and initial payouts.[4]
As of 2023, Techvestor has passed on $2 million in cash flows to its customers.[7] To date, short-term rentals with the company have booked over 39,000 guests and over 5,600 reservations.[2]
Additional Activities
In 2023, Techvestor co-founder Sief Khafagi established a scholarship fund for eligible high school seniors.[8]
References
- ↑ "About - Techvestor". techvestor.com. 18 March 2021. Retrieved 6 October 2023.
- ↑ 2.0 2.1 "Techvestor Revolutionizes Short-Term Rental Investment Raising $60 Million Equity". www.prweb.com. Retrieved 6 October 2023.
- ↑ Group, Story by Imperium. "Story from Imperium Group: 7 lessons learned from launching a portfolio of short-term rentals". USA TODAY. Retrieved 6 October 2023.
- ↑ 4.0 4.1 "Digital Revolution: How Techvestor is Pioneering the Future of Real Estate Investment". SFWeekly. 20 September 2023. Retrieved 6 October 2023.
- ↑ "techvestor". inc.com. Retrieved 6 October 2023.
- ↑ Husnain, Adil; TechBullion, Angela Scott-Briggs (10 August 2023). "Techvestor Dominates the STR Investment Market in the United States". TechBullion. Retrieved 6 October 2023.
- ↑ "Techvestor Passes $2 Million Cash Flow to Investors as Passive Income". www.prweb.com. Retrieved 6 October 2023.
- ↑ "Techvestor's Sief Khafagi Announces New Scholarship". www.businesswire.com. 1 September 2023. Retrieved 6 October 2023.