Obie Announces Partnership With Fractional to Make Investing More Accessible
At Obie, we believe real estate investing shouldn’t be complicated. And to that end, we are partnering with Fractional — a social platform for real estate investing with others. Through this partnership, investors can buy rental property and get coverage all in one place. The policy cost is immediately integrated into their cash flow models on the Fractional platform, creating a straightforward and simple approach to investing.
Who is Fractional?
Fractional makes real estate investing accessible. Members can co-own properties, collaborate on creative projects, and share ideas within the community. Fractional opens the door to the real estate market and creates a space where investors can build their confidence, portfolio, and network.
Fractional owners typically make 40% more compared to REIT and syndicate investors by taking advantage of direct ownership tax benefits and avoiding asset management fees.
Fractional’s investors include Y Combinator, Will Smith, Kevin Durant, Goodwater Capital, Unusual Ventures, Global Founders Capital, On Deck, Contrary Capital, Soma Capital, and more.
Why Obie partnered with Fractional
Obie’s integration with Fractional means less barriers to real estate investing, a win-win for both newcomers and seasoned investors. By integrating with Obie, Fractional users can seamlessly obtain quotes and coverage for their properties.
For Obie, this opens doors to those interested in investing but who may not have had the funds to singularly purchase rental property. Now, real estate investment is a little simpler and a lot more accessible.
“We are thrilled to partner with Obie! The partnership was a no-brainer as we are both aligned in our missions to deliver technology driven solutions to disrupt traditional industry models.” -Fractional team
About Obie
Obie is reinventing the insurance process for landlords and rental property investors. Whether you’re a seasoned investor or just starting out, Obie makes requesting a quote and getting coverage simple, affordable, and transparent. Obie simplifies the insurance experience by providing instant quotes. No back-and-forth with brokers or surprise costs at signing — the way insurance buying should be.