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What is the timeline of Kevin Paffrath's startup?

What is the timeline of Kevin Paffrath's startup?

3 min read

Sources:

Form 1-A, Form 1-SA, Form 1-K, his own videos, press and public records

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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

123

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

  1. Form 1-A, Summary; Business; Legal Proceedings (formation; SEC investigation; offering) Open the filing

  2. Form 1-SA, Note 7, Stockholders' Equity and Note 6, Convertible Bonds (raise history; bond issuance by year; CEO bond purchases) Open the filing

  3. Form 1-K, Business (rebrand; November 1, 2025 assumption of the courses and membership) Open the filing

  4. 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

  5. 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

  6. Form 1-SA for the six months ended June 30, 2023, filed December 14, 2023, Open

  7. Form 1-SA for the six months ended June 30, 2024, filed November 26, 2024, Open

  8. Form 1-SA for the six months ended June 30, 2025, filed September 29, 2025, Open

  9. Form 1-U, current report dated July 25, 2025, filed July 31, 2025, Open

  10. Form 1-U, current report dated September 27, 2025 (rebrand), filed October 31, 2025, Open

  11. Form 1-U, current report dated December 17, 2025 (2025 Nonstatutory Stock Option Plan), filed December 23, 2025, Open

  12. Form 1-U/A, current report dated December 30, 2025 (first amendment to the option plan), filed January 5, 2026, Open

  13. Form 1-SA, June 30, 2026 Open the filing

  14. Form 1-K, annual report for 2024, filed April 30, 2025, Open

  15. Form 1-K, annual report for 2025, filed April 30, 2026, Open

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