Roofstock Review (2026): What Changed After the Mynd Merger?

Roofstock in One Minute

Roofstock is an online marketplace for buying and selling single-family rental homes, often already tenanted, so investors can buy rentals in other cities. In May 2024 it announced a merger with Mynd, a property management company; management continues under the Mynd brand. Roofstock also offered Roofstock One, fractional shares in rental homes for accredited investors.

How Buying Through Roofstock Works

You browse listings with rent, expenses and estimated returns, make an offer, close remotely and hire a property manager. It's convenient, but you rely heavily on listing data and inspections in a market you may never visit.

Stessa

Stessa, owned by Roofstock, is free and paid software for tracking rental income, expenses and taxes. Many landlords use it regardless of where they bought. Since the merger, the Roofstock marketplace has been reported to direct buyers toward Stessa and outside agents.

Who Roofstock Suits

Investors who want rental homes in cheaper markets and are comfortable managing from afar through a property manager. Beginners should still learn local rents and repair costs first.

Fees

Roofstock has charged a marketplace fee to buyers and a fee to sellers; historically reported as about 0.5% for buyers and 2.5% for sellers. Current buyer fees are set in terms provided before contract, so confirm the exact amount on your deal. Add closing costs, inspections and property management.

Financing

Most buyers use investment property mortgages, which usually need larger down payments.

Roofstock One

Roofstock One let accredited investors buy shares of single rental homes or a REIT with low minimums. SEC filings show limited amounts raised, and it's unclear how the product ended for investors. Check its current status before relying on it.

The Mynd Merger and Changes

After merging with Mynd, Roofstock's marketplace has been reported to steer buyers toward its Stessa tools and outside agents. Some reports note that its liability to buyers is capped at its fees and disputes go to arbitration. These changes mean less hand-holding than in its early years.

Remote Rental Risks

• Inaccurate rent or repair estimates.
• Poor property management far away.
• Tenant turnover and vacancies.
• Insurance and tax increases.

Before You Buy

1. Order your own inspection and appraisal.
2. Confirm all fees in writing.
3. Interview property managers yourself.
4. Stress-test returns with higher vacancy and repairs.
5. Read the terms on liability and disputes.

A Steadier Way to Protect Savings

Rental properties tie up cash and need management. Some investors balance them with tangible assets like gold. Our top pick, Augusta Precious Metals, offers a free guide to the sales tactics retirement savers should watch for; our budget pick Noble Gold offers a free economic-crisis guide. Precious metals carry their own risks and costs.

Is Roofstock Legit?

Yes. It's an established real estate marketplace. Fees, a cap on its liability and reduced support since the merger mean you must do your own diligence. See Investor.gov for investing basics.

Pros and Cons

Frequently Asked Questions

Our Verdict on Roofstock

A convenient marketplace, not a substitute for your own inspection and research.

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