We aim to make the cost of co-ownership comparable to the cost of DIY.
We charge three fees over the duration of ownership: to acquire, operate, and sell the property.
We find and analyze the property, prepare a business plan, set up the legal infrastructure, secure financing and find your co-owners.
We find and vet tenants, collect rent, manage maintenance and repairs, find and manage vendors, set rental rates and manage the budget for the property.
Please note: for secondary transactions (when you purchase shares of a property-specific LLC from another independent owner rather than purchasing newly created shares), the same transaction fees apply, but the fees are paid to the LLC rather than to Coral. This additional money sits on the balance sheet for the LLC, and ultimately belongs to the members of the LLC. We maintain these fees to keep an equitable and consistent fee structure regardless of when an individual buys or sells.