Intersection of real estate, technology and law
Our founders are well versed in the real estate, technology and legal fields, with over two decades of experience combined. We utilized that experience and knowledge to transform the ways to invest in real estate and make it accessible to anyone.
The common current ways of investing in real estate
1. By yourself
Research properties yourself, identify a potential property and buy it with your own funds.
You need to have time to do the research and go through the acquisition process, which can take months. You also need to have enough funds to purchase the property yourself.
2. With friends/family
Gather friends/family to pool money together to buy a property.
You still have to research and identify a property. Additionally, there's added organizational overhead with gathering friends/family, getting them to agree to a property/terms and drawing up documents to reflect the agreement.
3. In the stock market
Invest in publicly traded funds/companies, such as REITs (real estate investment trust).
You often don't get direct exposure to real estate and you don't get to choose your properties.
Solution
We used to think that the current ways were the only ways to invest in real estate. We've tried all the methods and encountered all the problems noted above, so we knew there had to be a better way. That's why we founded Closin - a unique opportunity to bridge the allure of real estate investing to the flexibility of crypto and NFTs. We give you the ability to invest in the properties you want and in the amount you want and to sell your investment when you want.

Welcome to the future of real estate investing.
Our simple way for investing in real estate
We do the research and identify attractive, income-producing properties.
You choose the property and the investment amount, then receive NFTs representing your proportional investment amount in the property.
Sit back, collect investment income and share in property appreciation.
Sell your NFTs whenever you want on any NFT marketplace.
Meet the team
Decades of combined experience in real estate, tech, crypto and law.
Kenny Schumacher
FOUNDER AND CEO
Kenny is a successful real estate investor and serial entrepreneur. As a real estate investor, Kenny owns 5 single family rental properties and is a part owner of an apartment complex. As an entrepreneur, he has founded multiple businesses including Delesign, which he grew to over 60 employees before being acquired in 2021. Kenny is also an early crypto investor and is well-versed in the crypto and NFT space.
Jeff Ho
FOUNDER AND COO
Jeff worked for 5 years as a mergers and acquisitions attorney at Kirkland & Ellis LLP, before deciding he wanted to pursue a different career path and venture into real estate. As a certified residential real estate appraiser, Jeff brings his knowledge of real estate market values and his years of deal-making experience to Closin to find the best investment opportunities.
Andreu Pifarre
Founder and CTO
Andreu is an experienced software engineer who is actively involved in Web3 and its ecosystem, including building various decentralized applications. He has over a decade of experience in the tech and software industries, including designing and leading technology projects that have served millions of users and have gone on to become successful mature products in the fintech sector. Andreu utilizes his vast knowledge and experience to develop Closin into a robust and cutting edge real estate marketplace.
Frequently Asked Questions
  • How do I invest in a property?
  • To get started, browse through available properties here. You can view all relevant information provided for each property to help you make an informed investment decision. Once you have selected a property you want to invest in and decided on your desired investment amount, you can purchase tokens representing your ownership amount. That’s all there is to it!
  • How do I purchase tokens?
  • Each property has their own tokens representing the ownership interests in that property. In order to purchase tokens, you must first select an available property here. Once you have selected a property, simply click the Invest button for that property and you will be provided with step-by-step directions on how to purchase your tokens.

    We are working on creating NFTs (non-fungible tokens) to represent ownership interests in future properties. As a potential investor, you will have the ability to own a unique NFT representing your ownership interest. We are very excited about this development and will provide more details in the near future.
  • What payment methods do you accept?
  • We currently accept ACH and debit/credit card payments. Wire transfers are also available for payments greater than $25,000. We plan to accept cryptocurrency in the very near future.
  • Can I sell my tokens?
  • You can sell any or all of your tokens back to us at any time for the price per token that you initially paid. If you want to sell your tokens, simply send us an email at support@closin.com and let us know the number of tokens you want to sell. Once we receive your request, you will receive a confirmation email within 2 business days, confirming the total amount you will receive in exchange for your tokens.
  • How do I receive rental income
  • Your account balance will show all rental income that you have received. Each day at midnight PST, you will receive a notification in your account indicating the amount of rental income you have received that day for each property that you own. You can cash out your accumulated rental income for any or all of your properties at any time.
  • Who manages and makes decisions regarding the properties?
  • Our founders will handle all property management decisions (such as selecting tenants, setting rental amounts and handling repairs) so you don’t have to worry about anything other than collecting your rental income. They have extensive experience with rental properties and maximizing return on investment, and have good working relationships with local property managers. The property manager for each property will be entrusted with day to day operations regarding the property, including making repairs, collecting rents and other similar matters.

    As an owner of the property though, you will have a say in the important decision of when to sell the property. Any property owner can propose a sale at any time. Once an owner proposes a sale, all other owners of the property will receive a notification via our platform and email to vote in favor or against a sale. If a sale is approved by a majority of the ownership interest in the property, we will list the property for sale. All offers received will be presented to the owners for a vote. If an offer is approved by a majority of the ownership interest in the property, the offer will be accepted.
  • Can my property decline in value?
  • Although the real estate market is generally considered a safer investment, it can also be volatile at times. We cannot guarantee that every property will increase in value in a constant and/or consistent manner. Our founders use their extensive knowledge and experience to identify potential properties that will be profitable and less susceptible to downturns in the real estate market. However, you are responsible for your own investing decisions and Closin is not responsible for any loss on your investment. The value of your token will reflect any increase or decrease in value of the property.
  • How do I see the value of my tokens?
  • Your token values will be displayed on your account dashboard, including the price per token and aggregate value of your tokens. The price per token for each property is updated at the end of every month based on the current market value of the property.
  • How does Closin purchase a property?
  • Each available property will list the purchase method so you can understand the financial implications for your potential investment. A property may be purchased with debt (e.g. a mortgage), cash, a combination of debt and cash or any other method. By investing in a property, you agree to the method of purchase. If the method of purchase or any substantial terms of purchase are changed after you make your investment and you do not agree, you are entitled to a refund of your investment amount.
  • How is a property legally owned?
  • Each property will be legally owned by a limited liability company (an “LLC”) that is set up by Closin. By investing in a property and purchasing tokens, you are purchasing an equivalent membership interest in the LLC.
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