Charlotte startup Mansion Group aims to make real estate investing more accessible

CHARLOTTE — Four years after its launch, a Charlotte startup aims to make single-family real estate investing accessible to more than just shareholders with a high net worth.

Mansion Group originally started as a real estate investment company, allowing customers to book single-family, short-term rental space through its Mansion Life app. It now uses AI tech to identify investment homes and owns and manages properties across Charlotte. This spring, the startup expects to more than double its portfolio of rental homes through the launch of Mansion Invest — a platform to transform guests into investors of the homes they book.

The company recently raised $2.5 million in funding, without traditional investment capital, to help develop the business and democratize real estate investing through its platform.

“What we saw was high-net-worth folks had unique access to buy these homes and turn them into rental properties,” said John Sutton, founder and CEO at Mansion and former president and chief digital officer at Red Ventures. “It just seemed a bit unfair that we had access to this.”

Sutton retired from Red Ventures in July 2021 to pursue Mansion Group full time.

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