The Zeehaus Inc. offering is now closed and is no longer accepting investments.

Zeehaus Inc.

Real Estate Equity Sharing Marketplace

Zeehaus Inc.

Real Estate Equity Sharing Marketplace

San Francisco, CA
Real Estate
Diversity Ownership
Zeehaus is an online platform that makes buying a home more affordable through a process called equity sharing, which connects homebuyers with investors who buy shares of the property and collect ‘rent’ from homebuyers. We believe that real estate investing and home ownership should be for everyone. Zeehaus reduces the cost of buying and investing in homes, so that more people can benefit and enter the marketplace.

$1,013,186

raised
1,546
Investors
$7.2M
Valuation
$0.60
Price per Share
$240.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$1,013,186

raised
1,546
Investors
$7.2M
Valuation
$0.60
Price per Share
$240.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on October 01, 2021 and is no longer accepting investments.

Reasons to Invest

We have entered into a partner agreement with Realtor.com (part of Move Inc) for us to receive active listing data.
We were the 2018 Top Pick for TechCrunch Disrupt San Francisco and have a patent for equity sharing homeownership pending.
Proprietary equity sharing technology applies to a market of over 124M homeowners, with a potential to disrupt the real estate market.





“We cut real-estate into bite-sized chunks everyone can afford!” 

The Problem


With economic downturns ahead, only the wealthy can afford to buy a home

Buying and renting is becoming increasingly difficult and many buyers can’t even afford the required minimum 20% down payment for a house. In our opinion, this poses a problem for real estate investors, most of whom find it too risky to put all of their money into one property. It is very difficult to invest in properties and earn a steady rental income, as there are often significant fees and carrying costs to buy & sell properties.

The Solution


Equity sharing enables more affordable home-buying and gives opportunities to investors

Zeehaus makes buying a home more affordable through a process called equity sharing, which connects homebuyers with investors who buy shares of the property and collect ‘rent’ from the homebuyers. To solve the complexity of buying, funding, and managing a significant number of co-owners, Zeehaus has developed a proprietary fractional ownership platform, helping buyers achieve homeownership by putting down 5% and sharing expenses with investors. Investors are able to claim ownership of a property by buying tradable shares virtually (at $100 increments), as each property is registered, tokenized and titled, and each investor’s ownership is recorded on the blockchain.

The Market


While real estate is traditionally a safe investment, personal incomes are strapped

Millennials, who now represent the largest group of homebuyers today, struggle to afford the down payment required to purchase a home. With the changing market dynamics and the number of investors looking for stable investment options, Zeehaus is poised to meet the needs of today’s residential real estate market.

Sources: i. Statista ; ii. Pew Charitable Trusts; iii. Fund Managers Survey 2018 ; iv. National Association of Real Estate Investment Trusts ; v. National Association of Realtors ; vi. Rental income based on minimum rental payment buyers are required to pay investors, as set by the Zeehaus portal

Before the COVID-19 pandemics, new home sales had been expected to average to a seasonally adjusted 764,000, while existing home sales had also been expected to average around 5.77 million units (seasonally adjusted) in 2020 (source). According to the National Association of Realtors, roughly 15% of new properties in the US have a price greater than $500K. The median price for properties in California is $615K, which means more than half of the properties sold for more than $615K. While the market is expected to slow down significantly in 2020, economists are expecting a rebound in 2021

 

Our Traction


After a previous successful crowdfunding campaign, we are ready to create the future of real estate

With our last equity crowdfunding campaign in 2018, we captured over $260,000+  from hundreds of  investors. Zeehaus has created a virtual platform that enables a simple “Click & Purchase” model for investors to purchase “shares” of residential properties, distribute rental income, and trade “shares” on the blockchain securely at a very low cost. 


We have developed our initial platform, and it is currently available only for users to sign up and explore. We expect to launch the platform for beta in late July, 2020. We then expect to roll out a total of seven digital real estate dashboards: Agent, Buyer, Issuer, Investor, Homeowner, and Admin in late August, 2020, with the Seller Dashboard being deployed in September 2020.

Right now, we are ready to launch our digital 'Agent platform’ that integrates the property listing, referral, digital calendar, and transaction platform with our proprietary Equity Sharing ownership platform. 


*Image is from actual Zeehaus Agent platform currently in beta testing.

We are also ready to launch our equity sharing platform, which will enable homebuyers to buy a home with 5% ownership and share equity with investors, while the platform takes care of complexities such as legal documents, funding, management of ownership, and property sale.


*Image is from actual Zeehaus Investor platform currently in beta testing.

What We Do


Equity sharing to simplify the home buying process

Zeehaus is an easy-to-use web platform designed to pair homebuyers who do not want a mortgage, with investors hoping to profit from future home appreciation. This type of arrangement is called equity sharing. Zeehaus also provides the organizational structure and legal documentation for the relationships between homebuyers and investors, and manages these relationships throughout the equity share.

We have created a way to lower the barrier to homeownership for young buyers, so that they can buy a home with only 5% equity. Anyone seeking funds for a home purchase may post an equity sharing opportunity on Zeehaus if he/she supplies all required information and follows Zeehaus’ guidelines. 

The Business Model


Low overhead costs and a variety of revenue streams

We operate utilizing the following streams of revenue:

  • Referral fee: 

    • Agent platform enables Zeehaus to make money from referrals

    • We plan to charge a 'finder's fee' when introducing buyers & sellers to real estate agents while providing rebates of the closing costs to buyers. 

  • Funding and application fee:

    • Each property public-funded as equity sharing will generate a processing fee between $800 to $2,000, depending on the amount of the funding and property price.

  • Trustee fee:

    • A service fee will be charged to the buyer for the Trustee's service, and this job will be performed by a Zeehaus affiliate.

  • Management fee:

    • Our primary source of revenue will be a management fee, based on a percentage (10-15%) of the monthly rent a homebuyer pays to the investors.

We plan to keep our operating expenses low, with the majority of platform operations being automated online or via email. This will enable Zeehaus to launch with low overhead without a large team, and we believe allow the company to weather the economic cycles better than most startups.

How We Are Different


One of the first and only companies with a platform of our kind

We believe Zeehaus is the first and only platform to invest in residential properties virtually like stocks, with an end-to-end platform. We think we are the first to market and the only ‘true’ equity sharing platform with “published patent,” that helps both investors looking for real estate and homebuyers looking for more affordable options. Our platform's goal is to solve the housing crisis, enabling young millennials and others to buy a home with just 5% equity. Because our platform is entirely online, it also allows investors to sell property shares completely remotely and with the click of a button. We believe Zeehaus presents an economically viable option to support homebuyers by lowering housing costs for homebuyers and providing a solution to the housing crisis, without the constraint of government funding, subsidy, or complex process.

  • Homebuyer needs a smaller amount of capital for down payment, starting at 5% of property value.

  • Lower monthly payment than mortgage loan, by sharing the cost of property taxes and insurance.*

  • Eliminate closing costs through partnerships and reimbursements from real estate agents.

  • Eligible for buy-out using a traditional mortgage in three years.


*The homebuyer is required to pay rents and property expenses. However, the monthly payment does not include any additional amount towards buying equity from investors. The homebuyer can purchase property shares from investors, which will reduce the monthly rent according to the percentage of property shares.


  • Diversification: Low minimum investments allow investors to potentially diversify across multiple properties and locations.

  • Transparency: High degree transparency into real estate ownership compared to typical real estate funds.

  • Tax benefits: No transfer tax when transferring fractional ownership.

  • Liquidity: Investors could potentially transfer fractional ownership by trading it on the Zeehaus platform without having to sell the whole property.

  • Coins backed by real properties: All proceeds from the coin sale are used to purchase real estate only, so all coins are guaranteed to purchase shares of a property.

  • Flexible & low-volatility: Zeehaus Coins can be used to purchase shares of any available properties on Zeehaus, based on latest exchange rate.

  • Help homebuyers achieve homeownership: Support homeowners by lowering housing costs for homebuyers and providing a solution to the housing crisis.

  • Invest in rental properties virtually: Coins can be used to purchase property shares on the Zeehaus portal or sold freely at latest coin price.

In addition to our proprietary real estate platform, we plan to launch a digital currency used to enable investors to buy property shares. Coin holders can also sell the coins at exchanges. ** Investor fundings for real estate purchases will initially come from sales of Zeehaus Coins, which is a digital currency that integrates with the proprietary platform and enables investors to buy shares of properties on Zeehaus.


** We aim to get Zeehaus coins listed on digital currency exchange but there is no guarantee that would occur. Zeehaus coins are not investment of Zeehaus stocks. When the coins are sold back to Zeehaus, the coin price is determined by the average price deriving from the total assets backing the Zeehaus coins, not the market price on any exchange.

The Vision


The future of real estate

Our goal at Zeehaus is to be the one-stop shop and data-driven platform for all things related to residential real estate, including property listings, rehab/flip properties, agent advertising and mortgage referral. 


Zeehaus will launch its Equity Sharing platform and start the purchase program in September 2020 for properties in the San Francisco Bay Area and Los Angeles. Next, we plan to expand to the Dallas, Phoenix, and Seattle areas in mid-2021, and New York, Oregon, Nevada, and Colorado in late 2021.


To launch Zeehaus Coins, we will work with our partner financial institution holding money exchange licenses and start accepting Zeehaus Coins as payment tools for buying property shares on the Zeehaus portal.


One future opportunity that we are considering is blockchain ownership, as we hope to record the entire property title on the blockchain, in order to further streamline and lower the costs of property transactions when governments start to recognize blockchain as a legal way to hold real assets.

Our Team


A small, close-knit group of dedicated experts 

Zeehaus was founded by Justin Lee, with the help of advisors and experts in equity sharing ownership and real estate laws, Andy Sirkin and Lisa Swanson. Justin has over 15 years of experience developing large-scale enterprise applications and platforms and working as a real estate agent in California. The tight-knit team consists of highly devoted top engineers who are experts at web development and blockchain, as well as experts in real estate and fractional ownership. Our team has been hard at work for the past several years ensuring that all support and operation resources are ready and in place, as soon as we hit go.

Why Invest


The future of the residential real estate market starts with us

We believe Zeehaus represents the future of real estate, providing an innovative new way to both solve the housing crisis and allow investors to profit virtually. We understand the challenges that homebuyers face today and we have made it our priority to offer the younger generations a better, safer way to buy their future homes.


Our virtual platform, which enables investors to buy and sell shares of properties in multiple locations, we believe will present a huge business opportunity for the Zeehaus fractional ownership model. Digital assets backed by residential properties can completely revolutionize the way that homes are purchased and sold. The real estate market has never seen anything quite like this and we are ready to make our mark!

Quick Insert

Offering Summary


Company

:

Zeehaus Inc.

Corporate Address

:

1390 Market St Suite 200, San Francisco, CA 94102

Offering Minimum

:

$9,999.60

Offering Maximum

:

$1,069,999.80

Minimum Investment Amount

(per investor)

:

$240.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

16,666

Maximum Number of Shares Offered

:

1,783,333

Price per Share

:

$0.60

Pre-Money Valuation

:

$7,200,000.00











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Voting Rights in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Forward Looking Projections

THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

Investment Incentives and Bonuses*

All Investor Owners Club:

  • Early access to real estate investment opportunities before general public

Early Bird:

  • First 72 hours - Friends and Family Early Birds | 15% bonus shares
  • Next 7 days - Early Bird Bonus | 10% bonus shares

Volume:

  • $500 (5% bonus shares)
  • $1,000 (10% bonus shares)
  • $2,500+ (15% bonus shares)
  • $5,000+ (20% bonus shares)
  • $10,000 (30% bonus shares)

The 10% Bonus for StartEngine Shareholders

Zeehaus, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $.60/ share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $60. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

*All perks occur when the offering is completed.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Any expense labeled “Travel and Entertainment”.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$111,601.00 USD
$80,117.00 USD
Cash And Cash Equivalents
$111,601.00 USD
$80,117.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$1,110.00 USD
$1,378.00 USD
Long Term Debt
$242,927.00 USD
$242,927.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$189,235.00 USD
-$243,021.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Realtor.com Partnership & Listing Data Published & Final Countdown!

21 days ago

We are turning on the listing data for properties in San Francisco. This will allow us to simplify the buying and investing process, having another potential revenue source through referrals with Realtor.com, as well as making it easier for visitors to our website.


Later, we will start expanding the listing data to other locations.

We are still making a few remaining enhancements, fixes (manual address searching does not return data, for example, since it was initially built with a more limited properties, but we are expanding to be more widely used), and we are adding more property details, as many of the data we implemented and planned for investors and homebuyers are not displayed on the public version, so the property page will have a few more property data soon.


Apologize for all the email reminders. This will be the final communication regarding this Zeehaus offering. Today is the last day to invest in Zeehaus at $0.60 a share. If you haven't invested, you can still do so before the end of day.

Notice of Funds Disbursement

21 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Zeehaus Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Zeehaus Inc. be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Countdown to the Final Day of the Campaign!

22 days ago

Regardless of whether or not you invested, we wanted to say thank you for your support and all the great questions & feedback to our campaign. We actually made a number of key improvements (such as allowing a homebuyer to purchase additional equity at 1% yearly) as a direct result of the feedback we received during the past year.


We would like to invite you to join our community or submit a quick inquiry form, so we have a way to email you about real estate investment opportunities if you didn't invest:


We wanted to send a final reminder that tomorrow, September 30, will be the last day to invest in our offering at $0.60 a share.


Invest today at startengine.com/zeehaus

Interactive Calculator & Tool to Help Real Estate Investors.

22 days ago

We wanted to send you our new & enhanced Investor Calculator. We received some feedback that things are getting complicated for the platform, so we wanted to clarify a couple of things:

  1. First, we are providing a lot of information to our StartEngine community with the hope of giving everyone a good picture of our planned business model and platform features. We also wanted to demonstrate how every type of user (investors, buyers, agents, trustees, and internal trust management) can work together to simplify the real estate purchase, investment, and ownership process. When buyers and real estate investors come to our platform, we will try to make sure the process and experiences are as simple and secure as possible. 
  2. Second, we plan to roll out tools like the investor calculator to help ease the learning process of buying and investing a bit easier.


We are fixing a few remaining issues, so please note that some of the data may be not 100% accurate, but we wanted to send this out to everyone before the campaign ends:


The calculator covers various scenarios: Investing during a property purchase, during Property Sale, Trade, and Buy-Out (when a property is bought out by the homeowner), as well as a year-by-year breakdown of the estimated income, expenses, profits, and IRR (Internal Rate of Return). So it lets an investor simulates what happens if you sell/trade part of investment shares in different years of the ownership, as well as estimated changes in profits (year-by-year) when there is any change in any of the following scenarios:

  • Estimated Property Appreciation %
  • Consumer Price Index %
  • Potential Default %
  • Trade Shares
  • Buy-Out
  • Full Property Sale


Reminder that tomorrow is the final chance to invest in Zeehaus at $0.60 a share! If you haven't invested, you can still do so at startengine.com/zeehaus

Is Investing in Equity Sharing Properties a Good Option?

23 days ago

If you are a real estate investor or thinking of becoming one, you might be wondering what are the pros and cons of Equity Sharing Investing vs traditional rental investment properties vs. investing in syndicated real estate investments like a REIT? 


Let's take a look at how investors can benefit from our unique investment model.

  • Investment Fee
    • Equity Sharing: Invest and sell at a fraction of the costs compared with traditional rental properties, ranging from $5 to $250 per investment.
    • Rental Property Investment: Investors need to pay significant closing costs for purchase (~1% to 3% of the property value) and sale (~5% to 10% of the property value). If hiring a property manager to help manage the investment property, a monthly fee (6% - 12%) will be collected based on the rental income.
    • REIT Investment: Often, there are many different types of management fees: acquisition, performance, divestment, etc, which can range from several percentage points of an investment, especially for private REIT. For publicly traded REIT, the fees are similar to buying stocks.
  • Purchase, Sale, and Liquidity
    • Equity Sharing: Simple & secure online search of properties, view profile, digital Click & Invest process that can be done virtually.
    • Rental Property Investment: Traditional property buying process, by working with a real estate agent, completing the buying and closing process, and obtaining a mortgage (usually). While the property can be listed for sale at any time, it requires very high selling fees.
    • REIT Investment: Private REITs are available to accredited investors only, and there is a lack of a liquid market in general. Publicly traded REITs are the most liquid as they are generally listed on a stock exchange.
  • Cash & Cash Flow
    • Equity Sharing: A lower capital requirement, starting at $100 to $500 of property value for sharing equity investment. No complex process of obtaining a mortgage loan is required, so there is never an underwater loan and investors never need to worry about negative cash flow. Investors will receive steady rental income each month.
    • Rental Property Investment: Significant down payment, generally from 30% to 40% of a property, is required to qualify for a mortgage loan in order to invest in rental property. Depending on rental yields and property locations, investors are often faced with negative flows, especially in higher-priced properties.
    • REIT Investment: Private REITs generally require higher minimum investments that can range from $1,000 to $25,000 (or more). On the other hand, Investing in a publicly traded REIT is the lowest minimum, often at the cost of one share. Both types of REITs pay dividends, so there is no negative cash flow in general.
  • Diversification
    • Equity Sharing: Diversify the portfolio across multiple properties in a digital marketplace with transparency. Simple and digital investing with low fees will allow investors to diversify and invest in different properties and neighborhoods in owner-occupied equity sharing properties.
    • Rental Property Investment: Diversification will require buying multiple properties, which require significant time and capital.
    • REIT Investment: Investors can diversify the portfolio by investing in different types of REITs, with the exception of high-minimum private REITs. Investing in a publicly traded REIT through stock purchases allows an investor to easily diversify at low costs.
  • Privacy & Transparency
    • Equity Sharing: Invest in a property with complete privacy and everything done securely online, with a click of a mouse. Every step of the real estate transaction, such as submitting offers, viewing documentation, and performing closing tasks, is done online in an integrated dashboard.
    • Rental Property Investment: Buying rental property is fully transparent. However, property ownership is public information that lacks privacy.
    • REIT Investment: Investing in private REIT lacks transparency while providing the privacy of investing in real estate. Investing in public REIT provides full transparency and privacy of investing in real estate. 
  • Property Maintenance
    • Equity Sharing: Buyers are responsible for property maintenance and upkeep, thus investors do not need to worry about property issues.
    • Rental Property Investment: Investors are responsible for property maintenance and upkeep, as renters are not responsible for property maintenance costs.
    • REIT Investment: REIT managers are responsible for property maintenance and upkeep, thus investors do not need to worry about property issues.


Please note that our Zeehaus crowdfunding campaign ends on September 30th. There are just two days remaining to invest in Zeehaus at $0.60 a share!


Invest today at startengine.com/zeehaus

Countdown to the Final 2 Days! Thanks to our Investors - Zeehaus Has Reached $900K on StartEngine!

23 days ago

We would like to inform you that we are in the final 2 days of our campaign. With your support, we are happy to announce that we've hit a new milestone of $900K in Zeehaus investments! We wanted to say thank you again. Because of you, we are able to turn our MVP into a real solution and are well on our way to making real estate investing and homeownership accessible for everyone.

 

Last chance to invest in Zeehaus at $0.60 a share. If you haven't invested, you can still do so before September 30.


Invest today at startengine.com/zeehaus

Zeehaus Vision & Go-to-Market

24 days ago

As the campaign is coming to a close, we wanted to share a couple of final thoughts and updates.


Our Vision: We enable everyone to invest in properties, and when we have a few hundred to 1000 people, we can help a homebuyer accomplish homeownership. We also plan to work with institutional investors, governments, homebuilders, and philanthropists, which we hope will make the process quicker. Plus, this money does not go away, investors get actual ownership and receive a rental income. When you want to buy a home, we believe that others would do the same for you! That is the vision. 

Our model doesn't require unsustainable subsidies (such as affordable housing support from governments and homebuilders), Fannie Mae mortgages, or foreign sovereign funds. If you're able and willing to put in a few hundred, a few thousand, or more, together we can then help homebuyers achieve homeownership and contribute in a meaningful way to solving our housing crisis.

Go-to-Market: As we work on the final fixes and get the platform ready, we've started our go-to-market efforts to socialize our technology and business model with institutional investors, homebuilders, and various agencies. As discussed, our priority is to start the 2nd property as soon as possible. Then we will decide the company funding needs and find the right opportunity to seek additional funding to help us execute our launch and growth, hopefully at a higher valuation.  


Invest today at startengine.com/zeehaus

Information on Equity Sharing Ownership Model

26 days ago

How does Equity Sharing Ownership stack up against renting a home or buying a home with a mortgage? We wanted to quickly summarize the key points why we believe that we can really make a tremendous impact in changing the housing markets and why we expect strong demand from homebuyers who will benefit from our unique ownership model.


Pros & Cons of Zeehaus Homebuyers vs. Renting vs. Mortgage:

  • Upfront Cash Requirements:
    • Equity Sharing: 5% equity + 3-Month security deposit
    • Renting: $1,000 to 2 months of rent as a deposit
    • Mortgage: Typically 20% down
  • Closing Costs:
    • Equity Sharing: Typically, 1% to 2% of property purchase price, but can be as low as $0 with agent commission rebates
    • Renting: N/A
    • Mortgage: Typically, 1% to 2% of property purchase price
  • Monthly Payments:
    • Equity Sharing: Lowest, 30% -40% lower than the mortgage before factoring in additional equity purchase of 1% annually (Annual 1% equity purchase is spread out evenly each month). Some properties may achieve higher savings in monthly payment when compared with buying with a mortgage, while other properties may have fewer savings or even carry higher monthly fees. Many factors, such as mortgage rates, property locations, and property prices, will impact the potential monthly payment savings from equity sharing ownership.
    • Renting: Generally, a higher payment than Equity Sharing ownership
    • Mortgage: Generally, highest monthly payment before any tax deduction
  • Ownership:
    • Equity Sharing: 5% equity, with buying 1% equity per year via additional equity purchase until reaching 10% equity in 5 years
    • Renting: N/A
    • Mortgage: 100%, buyers obtain sole ownership immediately
  • Flexibility:
    • Equity Sharing: During the 10-Year term, buyers can (1) sell the fractional ownership and transfer the equity sharing ownership to a new buyer without selling the whole property; (2) buy out the property from investors after 3 years; (3) extend the equity sharing ownership; (4) sell the entire property in the open market
    • Renting: Short-term, typically 1-Year lease
    • Mortgage: Typically 15-Year to 30-Year; buyers have the flexibility to sell the property at any time regardless of the mortgage terms
  • Maintenance:
    • Equity Sharing: Buyers are responsible for property maintenance and upkeep
    • Renting: Renters are not responsible for property maintenance costs
    • Mortgage: Buyers are responsible for property maintenance and upkeep

Equity sharing ownership gives a buyer full decision-making and control, similar to owning the full property, in addition to being able to build the equity each year from 5% to 10%. Buyers can also buy out the property with a mortgage loan after 3 years of ownership, without having to incur property selling costs or putting it on the open market. 

Most importantly, buyers can save on monthly payments (savings tends to be higher in lower-price markets, depending on many factors, such as rental market demands, interest rates, property prices, locations, etc)


Regards,

Latest Click & Invest Features for Investor Platform.

28 days ago

We wanted to share an update regarding the completed Investor Dashboard this time, after we shared the updates about Blockchain and Buyer Dashboard.


We hope that you will take a few seconds to check out the below link for a few short video clips demonstrating the latest Investor dashboard features and capabilities.

  • https://youtu.be/sm6wDannBLo
  • A quick summary of Investor platform functionalities:

    • KYC Verification: 
      • A simple ID Upload navigation to verify identity by snapping a picture of the ID.
      • This process also went through a lot of enhancements to ensure it is fully secure and simple to use.
    • Alerts & Notifications:
      • We implemented a new 'To-Do Lists' that will alert investors what tasks need to be performed, such as completing KYC, updates about a property's closing status, acceptance of a buy or sale trading request, etc.
    • Click & Invest: 
      • A 2-page solution to browse property & review offering terms, key documents, with Invest Now button that confirms property equity purchase instantly, in $100 increments.
    • Interactive Calculator: 
      • A new comprehensive tool packed with important estimates, such as rent, expense, and payout data that changes with property value, invested shares, and various scenarios: hold, sell, trade, during each of 10 years of the property ownership.
    • Portfolio: 
      • Simple interface to view property portfolio from committed funds, active investment, sold properties, payout history, activity history, and document management.


We wanted to reiterate our appreciation as your support was the reason that we have been able to turn an MVP into such a great solution and a platform to help achieve homeownership and simplify real estate investment. So we wanted to say thank you again. And because of the support from you, we are getting ready to launch our platform, gain some traction, and hopefully increase our company valuation in order to bring our solution to market and raise more fundings to grow & expand.

Case Study Comparison with American Homes 4 Rent

29 days ago

We have been working with investors to present our platform and our business model. One positive feedback that we've received is how we might perform in comparison with more established real estate management firms. We wanted to share one case study regarding American Homes 4 Rent (AH4R), which is a publicly traded firm with ~54K rental properties in their portfolio. 


Their 2020 annual revenue is about $1.01B, primarily from rental revenue, and their net income is $154.8M. As landlords, they manage properties, and significant efforts are allocated to the maintenance and management of their properties. The data is from their published 2020 Annual Report: https://investors.ah4r.com/financials/annual-reports/default.aspx

  • 54K Properties
  • Market Cap: $12.8B
  • Trading at PE of 128
  • Revenue: $1.01B
  • Net Income: $154.8M


While we cannot provide any financial analysis or estimates, what we want to highlight here is that Zeehaus does not need to manage properties physically, as equity sharing properties are owner-managed homes. Even though the Zeehaus revenue model is based on just ~15% from the recurring monthly rent, we believe that we have a much more efficient business model when compared with traditional real estate firms. Our secret sauce is our technology and Buyer-Managed Homes, thus creating not only an efficient real estate platform but also helping homebuyers and investors alike in owning real estate.


Hope you can join us and invest today at startengine.com/zeehaus

Final 10 Days of the Zeehaus Campaign!

about 1 month ago

Campaign closing in 10 days! As we approached the last 10 days of the campaign, we want to take these few remaining opportunities to provide additional information to our community. As some of you asked about the priority and impacts of Zeehaus Coin on the core business and what is the plan for Zeehaus coins going forward, we wanted to provide a quick update.


Additional Information on Zeehaus Coins:

While we have a renewed focus on the digital coins, our first priority is to complete our 2nd pilot property and make sure every aspect of our platform is firing on all cylinders. Then we will quickly decide if the funding situation allows us to complete all the marketing efforts & legal work needed to launch the coins, as we will need to make sure that 100% of what we plan to do is executed within the legal framework. We will also make sure doing this will help us, in terms of fundings and brand recognization, not distracting us from our core business. We believe that having all the developments already completed ahead of time should enable us to enable this feature without much disruption.


As mentioned in the previous update, the nonprofit organization will operate with full accountability and transparency, while collaborating with Zeehaus Inc. to advance its mission to help fund properties through Zeehaus' proprietary equity sharing platform and the digital HAUS coins. We also completed the development for the exchange of the money between Zeehaus and Haus Foundation, so the proceeds of coins and profits from real estate investments are stored in a custody account independently from Zeehaus with strict oversight.


Here is a quick summary of how it works:

  • Zeehaus sells HAUS coins. Funds are stored in the custodial account
    • Proceeds from all HAUS coins sold go to the nonprofit organization, Zeehaus Foundation Inc. HAUS coins are sold via a public exchange or on the Zeehaus platform. The price of coins is always based on the market exchange rate. The holders of Zeehaus coins could decide to sell the coins and use the USD to invest if the coin price is higher than $1.
  • Buyers apply for funding and complete buying processes on the portal
  • Trustee & Buyer complete closing process. Property is tokenized on the blockchain
  • Property shares are posted on Zeehaus. All investors who complete identity verification can invest
    • Investors and HAUS coin holders can invest during initial property purchase (when a homebuyer requests funding to share equity) or on the trading exchange within the first 120 days of the property closing escrow.
  • Investors buy property shares by redeeming HAUS Coins. Learn more about the latest HAUS exchange rate
    • Rental income goes to the nonprofit organization, Zeehaus Foundation Inc., for any shares not bought/redeemed by coin holders. Rents received by the nonprofit org will also be re-invested and help fund property purchases for more buyers. Money, when a property is sold or bought out by the homeowner, will be re-invested.
  • Investors can only pay in USD if a property was not initially funded with money from the custodial account
    • Using HAUS coins to redeem & invest in properties works the same way as using USD to invest.
  • Coins redeemed are transferred back to Zeehaus and sold again
  • Investors who sold property shares always receive cash, as it is important to establish a selling basis in USD


Zeehaus will not receive any funds from any sale, profits from rental incomes, or gains from investment. All proceeds from coins sold and profits from real estate investments will be held by the nonprofit organization and any profits will be re-invested to help homebuyers achieve homeownership. While Zeehaus will not profit or receive any funds from the HAUS coins, we hope that the ecosystem for HAUS coins would generate sustainable funding sources to help invest in properties, which in terms would help buyers purchase homes and generate recurring monthly management fees for Zeehaus when collecting & processing rents.


By making sure that every dollar sold from the coins goes to the nonprofit foundation to purchase real estate with homebuyers, we believe that we are solving three problems at once:

  1. Enable homebuyers to achieve homeownership
  2. Enable a new way to allow as many people to purchase digital tokens with a good social cause and to invest in real estate at a lower threshold by leveraging our unique cryptocurrency 
  3. Create a sustainable way to fund property purchases without subsidy from governments or homebuilders
  4. Create a unique cryptocurrency with true intrinsic value


Regards,

Zeehaus Blockchain Explorer ledger and Buyer Application videos

about 1 month ago

As mentioned in our previous campaign update, we wanted to share a couple of short video clips demonstrating the latest platform features and capabilities.

A quick summary of our blockchain system based on Hyperledger Fabrics network: 

  • We're excited to announce that our blockchain network is also functioning, with the first property recorded. This is the final piece of our puzzle in our proprietary system after a property purchase closes escrow. 
  • We've implemented 2 versions: Public BlockchainExplorer page and a Dashboard Blockchain Explorer page
  • The 'Public BlockchainExplorer' page is for inquiries on the property title buy/sale transactions. 
    • Please visit the following link and type in "404 Mount Olive" in the Address field:
    • The public version of this explorer page will show basic ownership on the title (like equity held by homebuyers and the trust), which is similar to publicly available title and owner of a property recorded in a county or state registry. For the privacy and security of investors, it will not show any fractional ownership held by investors.
  • The 'Dashboard Blockchain Explorer' is a secure & signed-in version for investors:
    • Only individual real estate investors who sign in securely can view the property shares invested & recorded on the blockchain using the dashboard version
    • Property shares bought and sold on the trading exchange will be recorded instantly on the blockchain ledger
  • By the way, we are working to improve the performance of our website (as we are upgrading the React JS UI libraries), as you may be seeing a few seconds to load the page the first time you get on the page.

  • Click & Invest features: We will share one more update about the features on the investor dashboard in the coming days.

Notice of Funds Disbursement

about 1 month ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Zeehaus Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Zeehaus Inc. be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Company Progress Updates and Campaign Countdowns!

about 1 month ago

Campaign closing on Sep 30th:

  • We wanted to summarize our development & features of our digital real estate platform focusing on Equity sharing ownership, including 6 digital dashboards (Buyer, Investor, Property Owner, Trustee, Internal Admin, Real Estate Agent, Escrow Agent)
    • Buyer Dashboard
      • Digital application to apply for equity sharing ownership, publicly as well as private funding
      • Calculator to understand the pros & cons of equity sharing ownership
      • Pre-vet buyers with a credit check and FICO credit scores
      • Manage offers and closing checklists
    • Investor Dashboard
      • Review and invest digitally with a small fee
      • Open FDIC-insured bank account digitally with our banking partner
      • Investors can complete KYC with a simple digital ID Upload form
      • Fund account with ACH or Wire Transfer, with "anti-money laundry" and account limit controls
      • Invest in properties virtually, with a few clicks of a mouse, starting at $100 and using USD or HAUS coins
      • Automatic rental income distribution monthly
      • "Trade" property shares with a small fee
    • Owner Dashboard
      • Manage equity sharing ownership, including payment, and buying additional equity purchases (1% per year)
      • Request buy-out, apply for new equity sharing term
      • List entire property for sale
    • Trustee Dashboard
      • Manage trust related tasks, track progress in buying, document & ownership management, facilitate trading transactions, buy-out & property sale 
    • Admin Dashboard
      • Internal management consoles we developed to handle all funding requests, application review, escrow/closing monitors, document repository, referrals tracking, user management, etc
    • Agent Dashboard
      • Agent transaction system (digital buyer offer acceptance, livestream, digital calendar, closing checklist, online inspection form, and more)
      • Manage and track entire property transaction from submitting buyer offers, accepting, making counter offers, uploading documentation, resolving contingencies
      • Provide agents with property listing and marketing tools, such as tracking leads and managing appointments
    • Escrow Agent Dashboard
      • Provide a secure portal to exchange important information such as title report and wire instruction
      • Minimize manual work and simplify communications between buyers, sellers, agents, and Zeehaus
    • Mobile app
      • full features available in desktop are supported in both iOS and Android
      • We are currently updating the React libraries to support latest mobile operation system, including iOS 15
    • Property listing data and partnership with Realtor.com
      • Active listings will be available through our Realtor.com partnership
      • Buyer and agent can manually create a property if the listing is not passed from Realtor.com
    • Third-party integrations with various partners such as banking, property analytics, credit report integration, payment processing, e-signature, and more
    • Zeehaus digital coins based on Stellar networks
    • Hyperledger-based on blockchain ledger for storing property ownership and enabling investing and trading of property shares under Delaware Statutory Trust
      • For recording & exchange of property shares and ownership
      • Meet the statutory requirements for Delaware Trust to store beneficiary interests on a ledger
  • A quick reminder, September 30th will be the last day of the crowdfunding campaign, as we embark on the next phase of the project and begin our execution phase. Thanks for all the support from our community, which enabled us to implement quite a complex platform with many innovative concepts and proprietary features to tie everything together. Without that, we would not have been able to devote the time and resources to get to where we are today. We will soon be able to welcome our supporters to participate in real estate investments and hopefully to start gaining traction and increasing the company's valuation.
  • As we are wrapping up the campaign, for some of you who are 'following' the offering but have not invested, we would like to invite you to join our community or submit a quick inquiry form, so we have a way to email you about real estate investment opportunities as well as the potential launch of Zeehaus coins.
  • Sign up page:
  • Submit an inquiry:


Our first pilot property has been fully completed:

  • We will soon share a short video clip showing our latest dashboard, blockchain recording of the ownership as well as how the homebuyer and investment processes work.


Preparing for the 2nd property:

  • We are planning to invite our Zeehaus crowdfunding supporters to participate and invest in our second pilot property, which we plan to start in November. 

  • Please register on Zeehaus.com if you haven't done so already; this way we can notify you to participate if interested.


Realtor.com integration is fully completed:

  • We are planning to flip on the switch in October for properties in San Francisco, then we will start expanding to other locations.


Renewed focus on launching Zeehaus Coins:

  • We have decided to establish a separate nonprofit organization, Zeehaus Foundation Inc., and we will share additional information with our crowdfunding investors shortly.
  • The nonprofit organization will operate with full accountability and transparency, while collaborating with Zeehaus Inc. to advance its mission to help fund properties through Zeehaus' proprietary equity sharing platform and the digital HAUS coins.
  • We plan to also give our crowdfunding investors exclusive access to the launch of HAUS Coins.
  • All of the fundings will be held by a nonprofit foundation and strictly used to purchase real estate so each coin can be used to redeem for one property share (at $1 one-to-one exchange).


Go-to-Market:

  • As our development efforts are ramping down, we will be focusing on go-to-market tasks and start introducing our features phase-by-phase.
  • While there are challenges ahead, we are working as hard as possible to demonstrate our assets, our technology, and our mission, in order to raise more funds to launch public and grow our users. To do so, we are hoping to complete these key milestones:
    • Realtor.com listing data: Oct 2021
    • 2nd property beta release: Nov 2021
    • Public launch with iOS: Jan-Feb 2022
    • Launch Zeehaus Coins: Mar 2022


Regards,

Countdown to the Final 30 Days! Thanks to our Investors - Zeehaus Has Reached $800K on StartEngine!

about 2 months ago

We would like to announce that we are entering the final 30 days of our campaign on StartEngine, as we are working hard to complete  various enhancements and testing and then transition from the development phase to pilot-launch phase. We are also proud to say that we have hit a new milestone of $800K in Zeehaus investments! It's all thanks to you, 1,397 investors. Because of you, we are well on our way to making real estate investing and home ownership accessible for everyone.

Property Milestone Update: 1st Pilot Property Completed.

3 months ago

Hi everyone -

We are happy to announce that our first pilot property, located in Greensboro, North Carolina, has been tested and will be added to our platform, and we are working on the final legal stuff (attorney review, filing of the Delaware Statutory Trust, title/document recording). We will share more updates after the legal work is done and the system is updated.

  • We plan to turn on the property listing data in July, through our partnership with Realtor.com as a first step toward launching our platform, while we prepare and secure resources and funding for turning on each feature step-by-step.
  • To summarize, our platform will be offering these features:
    • Property Listing Data
      • Active listings will be available through our Realtor.com partnership
      • Buyer and agent can manually create a property if the listing is not passed from Realtor.com
    • Buyer Dashboard
      • Apply for equity sharing ownership, publicly as well as private funding
      • Pre-vet buyers with a credit check and FICO credit scores
      • Manage offers and closing checklists
    • Investor Dashboard
      • Review and invest digitally with a small fee
      • Receive rental income
      • Trade property shares with a small fee
    • Owner Dashboard
      • Manage equity sharing ownership, including payment, additional equity purchases
      • Request buy-out, new equity sharing term
      • List property for sale
    • Blockchain Ledger
      • For recording & exchange of property shares and ownership
      • Meet the statutory requirements for Delaware Trust to store beneficiary interests on a ledger
    • Agent Dashboard
      • Manage and track entire property transaction from submitting buyer offers, accepting, making counter offers, uploading documentation, resolving contingencies
      • Provide agents with property listing and marketing tools, such as tracking leads and managing appointments
    • Escrow Agent Dashboard
      • Provide a secure portal to exchange important information such as title report and wire instruction
      • Minimize manual work and simplify communications between buyers, sellers, agents, and Zeehaus
    • Future enhancements:
      • Zeehaus coins
      • Advertising
      • Referral

We appreciate your patience. It took us a bit longer to implement all the features and enhancements for the platform. During the previous two months, we were working to complete changes to our blockchain network (based on Hyperledger Fabrics network) for storing the property ownership, including the important fractional ownership shares for investors.

We hope that you will continue to support us in making our new real estate platform a reality and embark on our mission to help solve a housing crisis facing our communities, digitize real estate transactions, increase homeownership for homebuyers while helping aspiring investors own & sell properties more affordably and efficiently.

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Zeehaus Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Zeehaus Inc. be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

6 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Zeehaus Inc. offering. Here's an excerpt describing the specifics of the change:


Zeehaus has extended their campaign, added audited financials, and raised their maximum funding goal.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

8 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Zeehaus Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Zeehaus Inc. be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

8 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Zeehaus Inc. offering. Here's an excerpt describing the specifics of the change:


Zeehaus Inc. extended the length of their campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Material Change in Offering

10 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Zeehaus Inc. offering. Here's an excerpt describing the specifics of the change:


Zeehaus Inc. extended the length of their campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

We've formed a joint partnership with Realtor.com!

10 months ago

Hi everyone -

We have an exciting announcement! We have just entered into a partner and lead generation agreement with Realtor.com (part of Move Inc) on December 17, 2020.

As part of the partnership agreement, Realtor.com will pass nationwide MLS listing data with Zeehaus. (Listing brokers do have an option to approve or decline the listing data) In exchange, we will refer prospective buyers to their agent network. If that buyer completes a property purchase (equity sharing or traditional way), we will receive compensation based on a tiered structure and the purchase price.


We believe that this partnership will help us in the followings:

  • By having as many active MLS listings as possible, we will reduce the need for manually entering property data by the buyer or buyer agent when posting a property on Zeehaus. 
  • Opportunity to bring our brand and increase visibility to agents nationwide: We believe that it would help us gain users and traffics and reach brokers & agents who are part of the MLS networks quicker organically.
  • Revenue potential as a lead-gen partner with Realtor.com


For the first two to three months, our listing data will be focused on the Bay Area, then the LA area, and the rest of California. We plan to expand the listing data nationwide very soon.

We look forward to completing the listing integration in the next 45 to 60 days while we are starting the pilot property at the same time. We believe this partnership with realtor.com would make it easier for buyers and agents to use our platform as it reduces the need for manually entering property information, as well as making it easier for buyers and investors to view 'for sale' properties.

We are excited about this partnership, and we will do our best to complete this integration to complement our digital real estate platform and equity sharing ownership.


Please let us know if you have any questions.


Regards,

Notice of Funds Disbursement

10 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Zeehaus Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Zeehaus Inc. be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Zeehaus Mobile App on Google Store & Pilot Property to be Started!

11 months ago

We're happy to let you know that the Android version of the Zeehaus mobile app has been published on Google Play Store. If you have an android device, you can find the link here:



Please be advised that this is a beta-release so the key features are not yet enabled (see below as we are starting to work on the first property so we can test, fix, and enhance). The iOS version should be available soon. Apple does not have an easily accessible store for beta release, so we will soon launch a limited feature Agent dashboard with the iOS app.


To give everyone a heads up, we are starting to work on an important milestone to pilot our first property, starting mid-December. We have identified a property in Greensboro, North Carolina, as it is a lower-value and lower-risk project for the team and the property owner. The property owner is a partner agent of Zeehaus, and the property will not be put on the public market for sale, thus allowing us the time to go through an entire application and investment process. We will be working on turning this property into property shares to be held in Trust designed for equity sharing ownership. We will share more updates as we move along this important pilot run.


Regards,

Notice of Material Change in Offering

12 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Zeehaus Inc. offering. Here's an excerpt describing the specifics of the change:


Zeehaus Inc. extended the length of their campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Material Change in Offering

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Zeehaus Inc. offering. Here's an excerpt describing the specifics of the change:


Extended length of campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

3rd Product Video Update: Investor Dashboard

about 1 year ago

We're happy to provide a video update for the Zeehaus Investor Platform. To turn a complex equity sharing purchase with a homebuyer and other investors into a simple, secure, and digital experience, our Investor Platform enables the majority of the buying process to be done online, in one integrated and simple user interface to click and invest.

Some of the key features include:

  • Review the property listing & property data
  • Open custody account for each investor (with our banking partner)
  • Investor reviews investment, verifies identity, and transfers funds in a simple interface
  • Review property data, rent, buyer profile in a simple page
  • Proprietary click-and-invest in property shares (in increments of 100's)
  • Record property ownership on the Hyperledger blockchain
  • Manage the portfolio on the dashboard
  • Sale of fractional ownership without selling the full property

We're working hard to complete additional enhancements and fixes for the investor dashboard, as well as the buyer and agent platforms.

Additionally, we're in the process of developing our Zeehaus mobile app. Originally planned to be done after launch, we now hope to roll it out around the same time as our beta launch, as we adapt to the changing market.



Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Zeehaus Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Zeehaus Inc. be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

2nd Product Video Update: Buyer Dashboard

about 1 year ago

We want to provide another video update for Zeehaus Buyer Platform.

To turn a complex equity sharing purchase for homebuyers into a digital experience, our Buyer Platform enables the majority of the buying process to be done online, in one integrated dashboard. 

2nd Video Update: Buyer Dashboard

  • Digital, rental-like application, including credit pull and payments
  • Understand equity sharing ownership, view payment comparison & calculator
  • Property viewing, invite agent, get a referral, and submit offers digitally to listing agents
  • Full transparency, collaborate with agents, trustee, with a built-in chat feature
  • Step-by-step to-do tasks and stay informed throughout the entire purchase
  • Digital calendar to schedule an initial tour, complete inspection, and final walkthrough
  • Ownership management after closing, and purchase additional property equity

The Buyer Dashboard integrates with Agent Dashboard and Investor Dashboard to provide a simple, secure, and digital process.. In addition, it supports equity sharing purchase, full property purchase as well as providing issuers to purchase rehab & flip properties.



In a couple of weeks, we will update everyone with another video demonstrating the key functions of the Investor Platform.

Quick Sneak Peak of the Zeehaus Agent Platform

about 1 year ago

We want to provide a quick video update that shows some of the key features for the agent platform:

  • Free lead-tracking, digital calendars for showing and inspection to minimize phone calls and save time for everyone360-view of a listing with CRM/prospects management, analytics, and insights
  • Simplify the referral process for buyers and sellers
  • One platform with an integrated live-streaming virtual tour to improve experiences, simplify virtual investing, and promote listing in an evolving market
  • Accept offers interactively and instantly with buyers/sellers



This quick video was created by Zeehaus internally. You may find some screens going a bit fast as we included several features into a short video. We will later add subtitles or voiceover, with better resolution, and produce more professional versions as product tutorials.

We will also be providing additional updates related to Buyer Dashboard and Investor Dashboard to show the buying, transacting, and investing in properties on our one-stop platform, along with our featured equity sharing ownership.

$100K raised! An update on the homeowner requirement.

over 1 year ago

We've reached $100K in investments and wanted to thank everyone for the support in moving us one step closer to our goal of launching our real estate platform! In the meantime, we're working hard to get our platform ready for the beta release, which we hope will bring a new way to help people buy homes and invest in real estate like never before!


As mentioned in the Q/A, based on the great feedback from many of you, we are making one change to our equity sharing ownership model by requiring the homebuyer to achieve 10% or more in equity. If the homebuyer purchases just 5% equity initially, the monthly payment will now include additional contributions, based on the original property purchase price, to gain 1% equity each year until the homeowner owns 10% equity. We hope that this provides more confidence to future real estate investors as homeowners have more equity stake while increasing the chances for homeowners to buy out the full property down the road and own the whole property.

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