Home
About Reinvest
3 min read
Sources:
Form 1-A, Form 1-SA, Form 1-K, his own videos, press and public records
["default","default","default","lime"]
Short answer
June 22, 2022: House Hack, Inc. formed in Wyoming. September 2022: Regulation D raise at $1.00 a share. November 2023: Regulation A raise at $1.00, $15.2 million. 2024: more common stock, a warrant call, and the first $10.4 million of 5% convertible bonds; Kevin buys $5 million of them in December. 2025: $18.4 million more bonds; the SEC investigation opens in May; rebrand to Reinvest September 27; the courses and membership move into the company November 1. 2026: SEC closes the file February 9; Kevin adds $1 million of bonds; September 2, the a new class of stock offering . 123
Formed: Jun 22, 2022 (Wyoming)
First public raise: Nov 2023 (Regulation A, $1.00, $15.2M)
Renamed Reinvest: Sept 27, 2025
Preferred offering: Sept 2, 2026 (terms in the offering statement; not yet qualified)
The timeline
Date | Event | Source |
|---|---|---|
June 22, 2022 | House Hack, Inc. formed in Wyoming; board of Kevin Paffrath, Ross Gerber, William Stewart | Form 1-A |
September 2022 | Regulation D private placement of non-voting common at $1.00 | Form 1-SA, Note 7 |
November 2023 | Regulation A offering at $1.00; 15,211,338 shares, $15.2 million | Form 1-SA, Note 7 |
February to May 2024 | Regulation D at $2.00, later reset to $1.00; warrant call raises $5.2 million | Form 1-SA, Note 7 |
2024 | First 5% convertible bonds, $10.4 million; a multi-unit building bought from Kevin for $1.6 million against a $1.85 million appraisal | Form 1-SA, Note 6; Form 1-A |
December 2024 | Kevin buys $5 million of bonds on investor terms | Form 1-SA |
2025 | $18.4 million more bonds | Form 1-SA, Note 6 |
May 2025 | SEC opens nonpublic investigation, file HO-15114 | Form 1-K |
September 27, 2025 | Rebrand to Reinvest | Form 1-K |
October 2025 | Ventura office bought from a Kevin affiliate for $920,000 against $980,000 and $1,000,000 appraisals | Form 1-A |
November 1, 2025 | Courses, Alpha Membership and software move into the company, no cash paid | Form 1-K |
January 2026 | Kevin buys $1 million more bonds | Form 1-SA |
February 9, 2026 | SEC closes the investigation with no enforcement action | Form 1-K |
First half 2026 | $9.7 million more bonds; revenue $3.17 million | Form 1-SA |
September 2, 2026 | Form 1-A qualified: a new class of stock; terms are in the offering statement, 7%, up to $35 million | Form 1-A |
What comes next, by the filings
Bonds may begin converting at $1.40 on January 1, 2027 if an independent valuation supports it. The preferred converts on December 31, 2029. The 2025 option plan’s earliest vesting is December 17, 2030. The filing describes a possible listing after that but promises nothing.
In his own videos
September 28, 2022: the first raise, 19 days in. 4
August 26, 2026: An Quick Update on My Startup: Reinvest. 5
Dated from the filings
June 22, 2022: incorporated in Wyoming; five directors. August 2022: 1,000,000 voting shares to Kevin against a $1,000,000 note. September 2022: Regulation D at $1.00 opens; $3,500,000 founder advance, repaid. October 2022: 269,000 shares to Kevin’s entity for the wedge-finder software. December 31, 2022: $22,057,645 raised. June 30, 2023: $25.2 million of assets, all cash and Treasuries, no operations. July 20, 2023: Form 1-A filed; qualified September 15. August to December 2023: first houses, about $5.9 million, and $15,211,338 raised in the Regulation A offering. January 11, 2024: $25 million J.P. Morgan line opened. First half of 2024: eight Southern California properties for $28.6 million; $15.3 million borrowed and repaid; warrants called, $5.2 million raised; a second placement at $2.00, later reset to $1.00. September 2024: apartment building bought from Kevin for $1,600,000. 2024: $10,445,000 of bonds; workforce cut to five; the founder’s note forgiven. February 4, 2025: bond offering statement filed; qualified March 13. First half of 2025: $6.4 million of bonds; R&D begins on the wedge-finder AI as a product; 25 properties. July 25, 2025: Chief Legal Officer terminated. September 27, 2025: rebrand to Reinvest. November 1, 2025: courses and membership absorbed. November 24, 2025: ReinvestAI licensing begins. December 17 and 30, 2025: option plan and amendment. June 30, 2026: 38 properties, $38.6 million of bonds. September 3, 2026: a new class of stock offering statement filed. 678910111213
From the annual reports
July 24, 2024: a director and the Vice President of Construction leaves the board. November 26, 2024: Robert Carey leaves as officer and director. December 27, 2024: the founder’s note forgiven; a $290,000 bonus to Kevin for 2024. 2025: dismissal without prejudice of the Texas suit, refiled in 2026; three full-time employees at year end; the FTX settlement still awaiting approval at the April 2026 filing. 1415
Four years from a Wyoming filing to $63 million of unmortgaged real estate and a public preferred offering. 12
Simply put
✅ 2022
➡️ Company formed. First private raise at $1 a share.
✅ 2023
➡️ Public Regulation A raise, $15 million at $1.
✅ 2024
➡️ More stock, then the first bonds. Kevin buys $5 million of bonds.
✅ 2025
➡️ $18 million more bonds. SEC starts looking. Name changes to Reinvest. Courses move in.
✅ 2026
➡️ SEC closes with no action. Preferred stock offering opens .
Sources
Form 1-A, Summary; Business; Legal Proceedings (formation; SEC investigation; offering) Open the filing
Form 1-SA, Note 7, Stockholders' Equity and Note 6, Convertible Bonds (raise history; bond issuance by year; CEO bond purchases) Open the filing
Form 1-K, Business (rebrand; November 1, 2025 assumption of the courses and membership) Open the filing
Kevin on YouTube, "How much my Startup has Raised in 19 Days | HouseHack." (2022-09-28), at 5:04: “we have raised twenty one million six hundred thirty one thousand five hundred dollars” Watch from 5:04
Kevin on YouTube, "An Quick Update on My Startup: Reinvest." (2026-08-26), at 0:00: “An Quick Update on My Startup: Reinvest.” Watch from 0:00
Form 1-SA for the six months ended June 30, 2023, filed December 14, 2023, Open
Form 1-SA for the six months ended June 30, 2024, filed November 26, 2024, Open
Form 1-SA for the six months ended June 30, 2025, filed September 29, 2025, Open
Form 1-U, current report dated July 25, 2025, filed July 31, 2025, Open
Form 1-U, current report dated September 27, 2025 (rebrand), filed October 31, 2025, Open
Form 1-U, current report dated December 17, 2025 (2025 Nonstatutory Stock Option Plan), filed December 23, 2025, Open
Form 1-U/A, current report dated December 30, 2025 (first amendment to the option plan), filed January 5, 2026, Open
Form 1-SA, June 30, 2026 Open the filing
Form 1-K, annual report for 2024, filed April 30, 2025, Open
Form 1-K, annual report for 2025, filed April 30, 2026, Open
