Acquisitions Director

This is a remote position. You can work from anywhere!
SFR3 is a boutique real estate investment fund acquiring $1.5B+ of SFRs by 2023. The Fund specializes in renovating distressed homes and using software-driven operations to scale a large number of markets concurrently. We are a very unique combination of tech and investment real estate. Today the Fund owns 3,000+ homes and expanding rapidly. We are selectively looking for folks to join our team and lead acquisitions in one of our markets. This is a senior role for folks with a proven tracking record of acquiring single-family homes at scale. Institutional experience is a strong plus. Compensation is very strong. A+ players only!

What You’ll Be Doing

Buying homes. You will be deploying millions of dollars per month. We will be buying 20,000+ homes over the next few years and you will be a huge part of it. If you are not passionate about real estate investing and buying homes does not excite you then this role is not for you. 

Representing the Fund. You will be the face and voice of SFR3 in the markets you cover. You will gain real experience in private equity and how a real estate fund works.

Developing & Nurturing relationships with local partners. Of course, we buy from the MLS, but you can’t just sit back and wait for the best homes to appear. You will be connecting with and nurturing relationships with local agents, wholesalers, ibuyers, property managers, banks, online & offline auctions, and more. Your goal is to make us the top choice — and the top of mind — for anyone looking to offload a home. 

Real Estate Investing 101. If you are not already, you will become an expert real estate investor. You will have an understanding of real estate that will pay off in spades both personally and professionally.

Leverage SFR3’s technology team to define, build, & iterate on software & platforms to help you acquire homes more quickly, more efficiently, and to deliver a successful financial outcome.

Performance measured in part by these KPIs:

• Accurate Underwriting: Rent/Underwritten Rent, Appraised Value/Underwritten Value
• Volume: # of homes acquired. More homes! New channels!
• Conversion rate: offers to closed deals. Close every deal! Retrade if needed!
• Negotiated savings: contract price below SFR3’s max buy price. Fight for every dollar!
• SFR3 reputation: TBD eval method. Do The Right Thing. Be fair, be tough, be loved.

The Skills & Experience We're Looking For

• Single Family Acquisitions Experience. You have done the job and shown yourself to be a top performer. A++ players only.
• Analytical Enough. You don’t have to build a complex financial model but you do need to be analytical and understand the levers that drive the business. Attention to detail and accuracy is a must.
• Proactive Mindset. You have a strong bias toward action. You know it might be the first, fourth, or sixth call or text message that gets you in touch with the right person to win the deal. You never sit back and wait.
• Dealmaker’s hunger. You. Win. Every. Deal. And you love that. Each time the phone rings, you can’t help but leap at the chance to make a deal.
• Champion’s mindset. You hunger to win. You burn when you don’t. And when you get knocked down, you dust off, pick yourself up, and get right back after it.
• Grittiness. You never hesitate to roll up your sleeves and tackle something hands-on. You persevere when others fall away.
• A true passion for SFR3’s mission. You thrill at owning the most fundamental, enduring asset class, and you burst with pride at providing young families with affordable housing by restoring distressed homes to the housing supply.

A never-ending desire to grow and learn.

Perks & Benefits

• Silicon-valley style benefits. Industry-leading salaries, 401K, gold-plated health insurance for you and your family, a top-of-the-line MacBook or PC, mobile phone/hotspot, the fastest home internet money can buy, and an unlimited vacation policy. We are hand-picking a very small team of the best, and we’ll make sure you feel like the best so you can perform at your best.
• Big Upside, No Caps. In addition to your salary, you’ll get a share of every deal you win.
• You’re an investor, too. A meaningful investment in SFR3 will be made on your behalf, vesting over 4 years. This investment is significant in size and can create the foundation for a secure financial future if the Fund performs as modeled. And crucially, it aligns you lock-step with our investors. Every move you make will be investor-first. 
• Work Remotely. Work from home, coffee shops, or wherever you want