{"id":10890,"date":"2023-05-11T12:42:11","date_gmt":"2023-05-11T12:42:11","guid":{"rendered":"https:\/\/www.wallstreetzen.com\/blog\/?p=10890"},"modified":"2026-03-05T23:10:07","modified_gmt":"2026-03-05T23:10:07","slug":"doorvest-review","status":"publish","type":"post","link":"https:\/\/www.wallstreetzen.com\/blog\/doorvest-review\/","title":{"rendered":"Doorvest Review: Is It Legit?"},"content":{"rendered":"\n

What is the most popular \u2014 yet overlooked \u2014 product in the country? <\/p>\n\n\n\n

Hint: it historically appreciates at a steady rate, is in high demand, has tax benefits and provides regular cash flow. <\/p>\n\n\n\n

I won\u2019t keep you in suspense \u2014 it\u2019s residential homes.<\/p>\n\n\n\n

But dealing with the process of finding a property, renovating it, and dealing with tenants can be time-consuming and costly.<\/p>\n\n\n\n

Doorvest, an online turnkey residential real estate platform, wants to make it easy to invest in single-family residential real estate. <\/p>\n\n\n\n

But is Doorvest the right platform to help you maximize your portfolio exposure to real estate while minimizing risk? <\/p>\n\n\n\n

Let\u2019s find out. In this Doorvest review, we\u2019ll look at every aspect of the platform, from the pros and cons to fees and how to invest.<\/p>\n\n\n\n

Doorvest Review: Is It Legit?<\/strong><\/h2>\n\n\n\n

The Bottom Line: <\/strong>Yes, Doorvest<\/a> is a legit real estate investing platform. <\/p>\n\n\n

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Doorvest<\/a> is on a mission to help busy professionals achieve financial independence and long-term wealth through residential real estate investing. <\/p>\n\n\n\n

Investment areas started in Houston and have since been expanding to additional markets including Atlanta, Columbus, Cincinnati and Oklahoma City.<\/p>\n\n\n

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Best for:<\/strong> Busy working professionals who want to invest in real estate but do not have the time and\/or expertise to get started. <\/p>\n\n\n

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Is turnkey legit?<\/strong><\/p>\n

Doorvest is a full-service real estate provider, also known as turnkey. Is turnkey legit when it comes to real estate?<\/p>\n

This means the entire process to acquire a property and turn it into a cash flowing long-term investment is seamless.<\/p>\n

You don\u2019t have to worry about finding the property in the right market, completing renovations, placing tenants and ongoing management.<\/p>\n

Turnkey investments in hard assets like real estate result in less liquidity than public markets. It\u2019s much easier to sell a stock than a house, in terms of speed and complexity.<\/p>\n

If you\u2019re looking for an investment more short-term providing liquidity, Doorvest may not be right for you.<\/p>\n<\/div>\n <\/div>\n\n\n\n

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Check out Doorvest<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

What is Doorvest?<\/strong><\/h2>\n\n\n\n

Doorvest<\/a> is a full-service residential real estate investing platform designed to help investors gain financial security through rental properties. <\/p>\n\n\n\n

It all started in 2014 when founders Andrew Luong and Justin Kasad realized the everyday investor was locked out of the #1 asset that historically produces the most millionaires \u2014 real estate. <\/p>\n\n\n\n

At first, Luong sought out to solve his own problem. In looking for more financial security, he managed to acquire 12 single-family investment properties over a five-year period. Managing them and dealing with them was a hassle. <\/p>\n\n\n\n

He figured, if this was a problem for him, imagine how difficult the process is for most 9-5 professionals to acquire rentals to generate wealth. <\/p>\n\n\n\n

There could be an opportunity to provide a solution for the masses.  <\/p>\n\n\n\n

Doorvest was born. <\/p>\n\n\n\n

Investing and managing residential properties is hard \u2014 even when it\u2019s your full-time job. Doorvest makes it accessible to everyone.<\/p>\n\n\n\n

Doorvest not only cuts the acquisition time in half but also streamlines the process:<\/p>\n\n\n\n

They find the properties, complete renovations, place tenants and provide ongoing property management. After the tenant is placed, Doorvest sells the property to the investor at fair market value. <\/p>\n\n\n

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Properties range from $225,000 to $450,000 so expect to come out of pocket approximately $45,000 to get started. This is because non-owner-occupied purchases require a 20% downpayment.<\/p>\n\n\n\n

Doorvest started in the Houston market and has since expanded into 8 total markets:<\/p>\n\n\n\n