HomeUnionReviews of homeunion.com

I have known the Homeunion team since very early in their journey and have been a customer for a few years. I am a strong advocate for their business model and by way of experience I can say with confidence that this is a stand up organization. When I had an issue on a property in my portfolio, Homeunion stepped up immediately and did right by me without hesitation. I own a property in Houston via HU - without my asking they kept me informed before Hurricane Harvey on prep activities and followed up multiple times after the storm to keep me apprised including final confirmation of no damage to my property. Next step for me with HU will be to purchase a multi-family property now that they have developed this aspect of the business. Homeunion has earned my trust and endorsement!

I've had a property with HomeUnion for a little over two years and it's met my expectations. I'm a pretty busy professional and I have kids so I didn't want to spend the time researching different markets outside of where I live. So many of my friends have refused to buy rental properties because they're worried about the hassle. This company has made it pretty painless. As expected, I've had to deal with tenant turnover and some stuff breaking from time to time, but I'm not getting calls in the middle of the night to fix toilets. In fact, I think I got a phone call when I first bought the place and it was undergoing rehab. Besides that, I've gotten a few emails and that's about it. My goal is to add another property every year or two and eventually live off of the cash flow. I feel like HomeUnion can help me get there.

As expected so far. Pretty straight forward process. They help me identify multiple property, then I select the one I like and then they help me with the whole purchase, even loan. Best part that it rented out 3 weeks after I purchase. Hopeful that everything continue to go good for me.

In theory, HomeUnion has an interesting model. However, in practice, their service is awful. We had been communicating with HomeUnion regarding Charlotte properties for several weeks, and advised them that we would be coming from out-of-state to look at some of the properties. We expected to meet with a HomeUnion representative and see the properties, as they act as a real estate broker and take a cut of the purchase price. Unlike a real estate broker (who is more than happy to show properties any day of the week), they had no intention of showing us any properties. One day before our trip, they advised that nobody was available to show the properties or meet us, although we were going to be there for several days. We spoke with the local representative (who was likely the only HomeUnion rep in the entire city), who advised that she would see if someone else could show us the properties. We never heard back from her. The manager in California advised that he would see if someone was available. Despite saying he would contact us at specific times, he never did, and only responded after repeated emails. His response was that it was difficult to find someone because our trip coincided with the five days before the end of the month and five days in the beginning of the month (whatever that was supposed to mean). We did meet with a local builder who HomeUnion advised that they worked with. When the rep asked how we found out about the builder, we responded HomeUnion. Their response was: "what is that"? Overall, I have serious doubts that the company can actually manage properties with what appears to be only one representative in the Charlotte area. They consistently pushed new construction, because they would not have to oversee any rehab, and would likely have minimal management responsibilities (aside from collecting rent). With a minimal physical presence in Charlotte, I question their ability to even find tenants and show prospective tenants the properties to rent. If a tenant has to wait a week to see a property, it is more likely that they would simply move on. I plan on moving on myself, and using the services of a local company.

Clearly fake reviews. High acquisition fees that the investor needs to pay out of pocket.. Any other Realtor would take your business for free. Then your property management is subcontracted out and marked up so HomeUnion makes money on the service. You are better off calling a local Realtor in the area as you'll save a 3.5% acquisition fee and won't have to pay HomeUnion's additional margin that they markup on the Property Management side.

Let me start by saying every real estate investment has inherent risks involved. HomeUnion provides a platform and a team of Professionals that help to mitigate the risk when investing in real Estate. I have one property that has been performing, as predicted. I have heard skeptics of HomeUnion complain about the some of the purchasing fees involved in working with HomeUnion. I feel that the fees are appropriate. If you think of the time, and money you would spend to research properties on your own HomeUnion is a bargain!

I have had bought 2 houses from Home Union. Each and everyone in Home Union is honest and straight . Arnold who I work with as the first step actually advised me to chose another investment , when i was looking for my first rental property, as the one I was choosing was backing into a highway. He could have easily sold me that. But he did not. We had a loss of an appliance within 1st week of renting the first home. Home union worked with me and returned the expense. Bear in mind I did not ask them for refund nor I complained. They did it by themselves. In this era where money and sales is all that matters, honesty and integrity is the mantra of Home Union and the people I have dealt with Arnold, Jeff , Karla,Lisa ,Jorge,Mike,Fred all the people I worked with, are gems. Keep it up . I know the company is going to go public soon , I only pray that the Wall Street does not spoil this company.

Horrible ! We havent seen a dime for either rental property. Just fake expenses with no receipts and no one ever responds to emails or calls. Its a big black money hole