Zumbly, a real estate company based in Santa Monica, Calif., and founded by Lincoln University native Jeb Carty, is ready for its Philadelphia launch, writes Thomas Herd for Philadelphia Style.
The company provides consumers with the chance to search for properties that would be great investments. It weighs both long- and short-term rental opportunities of all homes in a given market and then it weighs those properties against each other. The score is based on how much each of the homes can make on Airbnb on a long-term basis.
Also, the latest Zumbly model offers premium features that can help even beginners become fully qualified investors. It offers features such as locating motivated sellers and examining flipping margins.
“When you can take a user who knows nothing about real estate and arm them with these features, they skip the learning curve and are empowered with the skills and the ability to find the best deals that typically only a seasoned investor has been able to find in the past,” said Carty, an Oxford High School graduate.
The app originally launched in Los Angeles and Chicago and is coming to Philadelphia this quarter.
Read more about Zumbly in Philadelphia Style here.