How much real estate does Kevin Paffrath own?

How much real estate does Kevin Paffrath own?

1 min read

Sources:

Kevin's account, Form 1-SA

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Short answer

Personally, by his account, none as rentals: he owns his home and a home his father lives in, both with no mortgage. The rentals are inside Reinvest, which owned 38 properties at June 2026, carried at $63.1 million net of depreciation and, in Kevin’s estimate, worth about $85 million at market. He controls the company through a family trust but shares its economics with the public investors who funded it. Before the company, he and Lauren owned 22 properties by 2021. 123

  • Personal rentals: None (by his account; rentals are in the company)

  • Reinvest properties: 38 (June 2026)

  • Book value: $63.1M (net of depreciation)

  • Kevin's estimate: ~$85M (market value; his ballpark)

Personally

Kevin’s account

I no longer own any rental properties personally. I own 100% of the controlling interest in House Hack, which is the only place rental properties are. I do not compete with my own company. 1

He owns the Ventura home he has lived in for over eleven years and a home his father lives in, both without debt.

Through Reinvest

At June 30, 2026 the company owned 38 properties: 32 single-family rentals, four multifamily buildings with 63 apartments and a commercial unit, and two development lots. The balance sheet carries them at $65.9 million cost and $63.1 million net of depreciation, with no mortgage. Kevin’s estimate of market value is about $85 million; that is his opinion and no portfolio appraisal has been published. 23

He does not own the company’s real estate outright. He controls the company through a family trust holding all the voting stock, but the economics are shared with the common, bond and preferred investors who funded the purchases. His own money in the company is $6 million of bonds and, by his account, more than $6 million in total.

Before the company

By May 2021, he and Lauren personally owned 22 properties, about 20 of them rentals. Two of those were later sold to the company at prices below their appraisals.

Personally, two houses and no rentals. Through the company, 38 properties worth $63 million on the books and, he says, about $85 million on the market. 123

Simply put

✅ Kevin himself

  • ➡️ His own house and the one his dad lives in. No mortgages. No rental houses anymore.

✅ The company

  • ➡️ 38 properties: 32 houses, 4 apartment buildings, 2 lots.

  • ➡️ Worth $63 million by the accountants, about $85 million by Kevin.

✅ Before 2022

  • ➡️ He and Lauren personally owned 22 properties by 2021.

Sources

  1. Kevin's account, Landlord influencer: “I no longer own any rental properties personally. I own 100% of the controlling interest in House Hack, which is the only place rental properties are.” Read the excerpt

  2. Form 1-SA, Balance sheet, June 30, 2026 (real estate net $63,082,646); company summary of 38 properties Open the filing

  3. Kevin's account, The numbers: “I say Reinvest owns about $85 million of real estate. That's my ballpark current estimate of property market value” Read the excerpt

The Meet Kevin & Reinvest Library is published by Reinvest (House Hack, Inc.). These pages are our facts about our founder and our company, each with its source: public records, press, or Kevin Paffrath's own on-the-record account, labeled as his. They are not investment, legal or tax advice, and nothing here is an offer to sell any security. Questions about investing in Reinvest belong on the investor page and in the current offering circular on sec.gov.

This site is a factual record about Kevin Paffrath and House Hack, Inc. (dba Reinvest). It is not an offer to sell or a solicitation of an offer to buy any security; any offering by House Hack, Inc. is made only by means of an offering circular filed with the SEC. Nothing here is investment, legal or tax advice. Statements about plans, targets or expectations are forward-looking and may not occur; the audited filings on EDGAR control where they differ from anything here.

© 2026 House Hack, Inc. dba Reinvest. All rights reserved. Privacy Policy · Terms of Use

The Meet Kevin & Reinvest Library is published by Reinvest (House Hack, Inc.). These pages are our facts about our founder and our company, each with its source: public records, press, or Kevin Paffrath's own on-the-record account, labeled as his. They are not investment, legal or tax advice, and nothing here is an offer to sell any security. Questions about investing in Reinvest belong on the investor page and in the current offering circular on sec.gov.

This site is a factual record about Kevin Paffrath and House Hack, Inc. (dba Reinvest). It is not an offer to sell or a solicitation of an offer to buy any security; any offering by House Hack, Inc. is made only by means of an offering circular filed with the SEC. Nothing here is investment, legal or tax advice. Statements about plans, targets or expectations are forward-looking and may not occur; the audited filings on EDGAR control where they differ from anything here.

© 2026 House Hack, Inc. dba Reinvest. All rights reserved. Privacy Policy · Terms of Use

The Meet Kevin & Reinvest Library is published by Reinvest (House Hack, Inc.). These pages are our facts about our founder and our company, each with its source: public records, press, or Kevin Paffrath's own on-the-record account, labeled as his. They are not investment, legal or tax advice, and nothing here is an offer to sell any security. Questions about investing in Reinvest belong on the investor page and in the current offering circular on sec.gov.

This site is a factual record about Kevin Paffrath and House Hack, Inc. (dba Reinvest). It is not an offer to sell or a solicitation of an offer to buy any security; any offering by House Hack, Inc. is made only by means of an offering circular filed with the SEC. Nothing here is investment, legal or tax advice. Statements about plans, targets or expectations are forward-looking and may not occur; the audited filings on EDGAR control where they differ from anything here.

© 2026 House Hack, Inc. dba Reinvest. All rights reserved. Privacy Policy · Terms of Use