BlockBuyer is a Residential Property Investment Platform that allow regular people (Not just the wealthy) to invest together. We have expert professional house rehabbers (also called Flippers or Developers) who we call Operators.
Operators become your contractor “Partner” in a residential project, and you purchase it together, repair, and sell it for a profit.

How did we start the company?

Our founder Edward Borio was an advid residential investor when not designing rockets (yes, a real rocket scientist), who built an enterprise auction website for residential properties with clients such as Fannie Mae, Bank of America, National Investment groups, and lots of professional flippers. This technology solution sold over 500 houses over 3 day weekends.

In seeing so many transactions, we became highly in tune with what details were missing, in error, or omitted to cover up issues. Over many years it became painful to witness the lack of transparency between sellers and buyers.

We started exploring how to move from selling a single property to a single buyer, and to offering a single property to MANY buyers.

During this time our founder took a lot of relestate related educational seminars, courses, and read lots of books. In the end, more than 95% of the people he interacted with in these classes never ended up actually investing in a single property!

That was lesson #1

After investing in a few projects with people seemingly more sophisticated, it was apparent that some projects would not be successful.

That was lesson #2

While investing with a builder, it was later learned that the contract was designed for the builder to get paid well if the project was a success, and still get paid well if it was a failure… while investors lost everything.

That was lesson #3

I found a great deal! The project was a success, but my profits were not what I expected. Deep in the contract were priority management fees.

That was lesson #4

Overall, I did invest and won some and lost others, but the pain in losing money that took so long to earn and save up, became a passionate motivation for creating an entire new contract where investors get paid first, and the expert on the project gets paid last.

Along with realizing that no single person typically had all the time, money, skill, experience, confidence, resources, connections, nor established turn key systems…I realized that this is a team sport … and the rules must be designed in favor of my fellow investors.

We started with a few questions:

Over 3 years we answered these questions and built a technology solution that dramatically helps investors.

Thus BlockBuyer was born.

Here is a summary of some of the Investor Benefits: