Answers to common questions
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> About Unit
- What is Unit?
- What services does Unit provide?
- Who is Unit for?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Co-Management
- How much will I need to interact with other co-owners?
- What happens if co-owners have differing opinions for repairs and remodels?
- What is covered in the Unit co-ownership agreement?
- What kind of decisions can I collaborate on?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Unit vs Other Options
- Unit vs. Organising your own group
- Unit vs. REITs and Crowdfunding Platforms
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Group Formation
- Can I use Unit to invest with my own group of family and friends?
- Do I have to come to Unit with a group formed?
- Is there a maximum group size?
- Will I know my other co-owners?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Mortgage Financing
- Can I get a mortgage for purchasing a fraction of a property?
- Can I get my own conventional loan if I co-purchase with family and friends?
- Will I be a personal guarantor for the loan of the entire property?
- How do Fractional rates compare to other rental or commercial lenders?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Offer, Due Diligence, Negotiation Process
- Are properties on the Unit Marketplace vetted?
- Does Unit negotiate with the seller to address issues presented in the inspection report?
- Are Unit offers guaranteed?
- What inspections are conducted during the due diligence process?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Pricing
- Does Unit’s monthly service fee include property management?
- How does Unit’s fee compare to other platforms?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Property Types and Markets
- Can I use Unit for a property that is not on the Marketplace?
- What types of property does Unit support?
- Where does Unit operate?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Qualifications
- Do I need to be an accredited investor to use Unit?
- How do I qualify for Unit?
- Is Unit available to international investors?
- What is the minimum investment amount?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Rental Income
- How much will I be paid?
- How will rental income be distributed to investors?
- When will I be paid?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Risks and Liability
- What happens to my investment if Unit shuts down?
- What types of insurance are acquired for the property?
- Will I be liable for other investors defaulting?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Selling
- How are my shares priced when I sell?
- How can I sell my shares of the property?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Taxes
- Do Unit investments have greater tax benefits compared to REITs?
- How do taxes work for Fractional investments?
- Do Unit investments qualify for the 1031 Exchange?
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<img src="/icons/question-mark_lightgray.svg" alt="/icons/question-mark_lightgray.svg" width="40px" /> Titles
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