Full-Time
Posted on 7/26/2025
Transacts rental properties into fund shares
$90k - $115k/yr
San Francisco, CA, USA + 2 more
More locations: New York, NY, USA | Denver, CO, USA
In Person
Flock Homes helps landlords exit property management while keeping income. It purchases rental properties from individual owners and converts them into shares in a diversified real estate fund using the 721 Exchange, a tax-deferral strategy. The fund is managed by Flock and generates income from rents and property appreciation, distributed to shareholders quarterly. The company earns through property management fees and gains from the fund’s appreciation, aided by economies of scale from operating a large portfolio. Flock Homes differentiates itself by offering a tax-deferral exit option centered on the 721 Exchange, a specialized, scalable solution that reduces owners’ hassles and diversifies their investments. The goal is to provide a hassle-free way for landlords to retire or lower tax burdens while continuing to receive steady income.
Company Size
11-50
Company Stage
Series B
Total Funding
$46M
Headquarters
Denver, Colorado
Founded
2020
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Flock, a Denver, CO-based retirement solutions company for landlords, raised $20M in Series B funding
Flock Homes, which buys homes that are pooled in a REIT-styled fund, raised a $22 million round last month, according to SEC filings.
Flock Homes, a Denver startup, raised $22M, bringing its total funding to nearly $50M since 2020. The company, backed by Andreessen Horowitz, leased a new HQ in LoHi and plans to expand its 12-person team to over 20. Flock manages a $200M portfolio of 850 single-family homes and plans to add multifamily units. The firm aims to provide tax deferral and estate planning for clients. Flock posted $10M in revenue last year, with a 400% growth in 2024.
The business aims help rental homeowners exit the property by selling into a fund, the company says.
To find out, ResiClub teamed up with Flock Homes to poll 284 real estate investors-85% of those surveyed own between 2 and 20 investment/rental properties.