Tobyhanna, PA is a community in Monroe County in the heart of the Pocono Mountains. Tobyhanna is most notably home to A Pocono Country Place property owners association. 

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Tobyhanna, PA - Real Estate - OfferMarket

Tobyhanna, PA

## OfferMarket launched today on Product Hunt, and we failed miserably.

 

We tried launching on Product Hunt today, if that's what you'll call it. We half-assed it. We put together our launch post and asked a few friends to upvote. 6 hours in and we have 3 referrals to our site from Product Hunt.

 

One person we asked for an upvote replied "I just like sold my soul to give you an upvote", here's what they were referring to in the sign up with Twitter authentication flow:

 

![twitter-authorize-an-application.jpg](https://cms.rentstack.co/uploads/twitter_authorize_an_application_b660bf2b3a.jpg)

 

Then we tried to have some people find us on Product Hunt, but they couldn't because their search doesn't work...

 

![producthunt-offermarket-search-no-results.png](https://cms.rentstack.co/uploads/producthunt_offermarket_search_no_results_bbcc62ab9f.png)

 

So that's when we realized we probably were not going to be raising much awareness on Product Hunt this time around. It also made it clear that Product Hunt either has some bugs or performance issues, or the only people whose product launches percolate to the top of the daily rankings do one or both of the following:

 

- know a lot of people already on Product Hunt and build a following on Product Hunt before launch
- coerce a lot of friends, family and others for upvotes

 

## Which doesn't lend much credibility to the platform as a utility for finding valuable tools.

 

Moving on then. We'll try again next time. We hope you enjoyed our post-mortem and how not to launch on Product Hunt.

 

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OfferMarket launched on Product Hunt! This is a post on how not to launch on Product Hunt.

Try To Find OfferMarket On Product Hunt - OfferMarket

Try To Find Us On Product Hunt

**Last updated:** May 2, 2024

 

If you know OfferMarket, you know we are an investment property marketplace that connects sellers and buyers without agents and expensive fees.

 

What you may not know is that we are actively acquiring select rental properties through LLCs that are managed and co-owned by OfferMarket and select limited partners (investors). 

 

We call this our Portfolio product, and we’re excited about it for two reasons:

 

1. Sellers get a reliable, competitive offer where they can close fast
2. Investors get completely passive exposure to attractive cash-flowing single family rental properties

 

Investors collect quarterly distributions that target 8% annualized yield, and have the ability to sell some or all of their stake on our marketplace at any time.

 

## Let’s take a look at one of the rental properties purchased through OfferMarket Portfolio:

 

The seller was tired of being a landlord and needed to free-up cash to invest in fix and flip projects in a different market. The seller found OfferMarket online and created their free listing. The property met our criteria with minimal rehab required, performing tenants in place, and an opportunity to raise rent to market rate.

 

## So we submitted our direct purchase offer:

 

- Purchase price: $105,000
- Contingencies: none, AS IS
- Closing costs: paid by Buyer
- Financing: Cash
- Close by: 30 days

 

Instead of waiting for other buyers on our marketplace to evaluate the listing and submit offers, the seller accepted our offer because it was competitive and time was of the essence.

 

We closed in March 2021 in 25 days and renewed the tenant at $1,250/month for a 12 month lease.

 

To date (October 1, 2021), after just 7 months, the property has returned 6.88% to investors. This is without any debt. The property is worth $125,000 - $140,000. If we refinance, the investors will be looking at a distribution of roughly 100% of their initial investment and $500 of monthly cash flow.

 

## Repeat business

 

Two months later we bought another property from this same landlord who came back to us because of how easy we make it to sell your rental property. That investment property was purchased for $295,000 with tenants set to renew at $3,200 per month.

 

# Sell your rental property with OfferMarket 

 

If you own one or more rental property that you want to sell for terms that are competitive and convenient, [create your free listing](https://www.offermarket.us/?ref=blog-introducing-portfolio-deals) today to compare offers from verified buyers on our marketplace. If your property meets our criteria, one of the offers may just be from us.

 

## Invest with us in single family rental properties 

 

If you are looking to passively invest in single family rental properties, and you want cash flow, capital appreciation, and exposure to a resilient asset class with tax advantages, fill out our investor form and a member of our team will be in touch.

 

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<iframe src="https://docs.google.com/forms/d/e/1FAIpQLSdLGzUUEr36VeK3LTyBXXlYvosDr5AZKnXJNj_XI_QqY2YbpA/viewform?embedded=true" width="640" height="2047" frameborder="0" marginheight="0" marginwidth="0">Loading…</iframe>
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Introducing OfferMarket Portfolio deals. Passively invest in single family rental properties, sell with confidence.

OfferMarket Portfolio Deals Buy And Sell Rental Investment Properties

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Introducing Portfolio Deals - OfferMarket

Introducing Portfolio Deals

Grow your real estate investing business with the most competitive DSCR loan product. OfferMarket also provides DSCR rental loans, bridge loans, hard money, fix & flip, rehab, ground up construction loans.

Rental Loans

What is Sundae?

How much does Sundae charge?

How does Sundae make money?

Sundae Competitors

Suggested reading: Offerpad Competitors

## What is Sundae?

 

Sundae, also referred to as Sundae Homebuyers and Sundae Homebuyers with Heart, is a wholesale investment property marketplace that allows distressed sellers to compare cash offers from verified local fix and flip and rental property investors.

 

## How much does Sundae charge?

 

Sundae's website says you (seller) pay "zero fees" and this can be considered misleading. Sundae charges an [assignment fee](https://www.offermarket.us/real-estate-glossary/assignment-of-contract) to the buyer that submits the highest offer. From our research, this fee may vary by market and targets $30,000.

So, if you are selling your house in California and you receive an offer for $400,000 and the buyer pays an assignment fee of $30,000, in theory you could have received $430,000 if you could remove the assignment fee which is factored into the buyer's offer. In this example, that $30,000 assignment fee is effectively a 7% commission and a very real fee that cuts into the seller's net proceeds.

 

With OfferMarket, you can compare offers from verified buyers and if you choose to sell without our managed service (Co-Pilot plan), it's completely free. If you choose to use our managed service (Auto-Pilot plan), it's a 1% assignment fee. So if we use the same scenario, your purchase price would be $425,700. What could you do with the extra $25,700?

 

## How does Sundae make money?

 

- Assignment fee
- Bridge financing (fix and flip loans)
- MLS listing once fix and flip rehab is completed

 

## Sundae Competitors

 

- [OfferMarket](https://www.offermarket.us/)
- [Wholesalers](https://www.offermarket.us/guides/wholesale-real-estate-101)
- [MLS](https://www.offermarket.us/real-estate-glossary/multiple-listing-service)
- [Pocket Listings](https://www.offermarket.us/real-estate-glossary/pocket-listing)
- [iBuyers](https://www.offermarket.us/real-estate-glossary/ibuying)

 

## Suggested reading: [Offerpad Competitors](https://www.offermarket.us/blog/offerpad-competitors)

Looking for Sundae competitors? If you need to sell your house fast, this article compares Sundae vs OfferMarket to help you be most successful with your home sale.

*Quote takes 1 minute, no credit pull

*1 quote from 40+ carriers

*New listings daily

Sundae Competitors

* Takes 2 minutes, no credit pull

What is Sundae?

How much does Sundae charge?

How does Sundae make money?

Sundae Competitors

Suggested reading: Offerpad Competitors

* Takes 2 minutes, no credit pull