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<h2>Helping First-Time Homebuyers</h2>Arrived is revolutionizing the path to wealth creation through real estate by breaking down barriers and empowering individuals to become property owners.Since launching our innovative fractionalized rental home product in 2021, we have already helped tens of thousands of people participate in the financial benefits of property ownership.&nbsp;As Arrived clients build wealth by reaping those financial benefits, many will feel ready to purchase their own home and transition to traditional homeownership, where they fully own the home they live in.&nbsp;So, we are thrilled to introduce our Down Payment Assistance Program, designed to support you on your journey toward traditional homeownership. The program is open to all Arrived investors, and is meant to provide financial assistance towards the down payment on your first home.&nbsp;<h2>Down Payment Assistance</h2><ul><li>Cashback Rewards: Get 1% instant cashback on the property value of your new home purchase when utilizing our partner broker services.</li><li>Waived Fee Advantage: Enjoy waived liquidity fees (1-2%) when you sell your Arrived shares*.</li></ul>By investing on Arrived and participating in the down payment assistance program, a future homeowner has the opportunity to start earning rental income and benefit from any potential property value appreciation while they save up for their down payment.&nbsp;To participate in this program, email downpaymentassistance@Arrived.com to schedule time with our team to talk about the program and how to get started.&nbsp;Ryan FrazierCEO of Arrived*It's important to note that the waived fee benefit applies only to Arrived investments that currently have liquidity options, like the <a href="https://arrived.com/app/properties/the-single-family-residential-fund" rel="noopener noreferrer" target="_blank">Single Family Residential Fund</a>. We recommend that you look at the various investment periods for each product by clicking <a href="https://help.arrived.com/en/articles/4537829-what-happens-if-i-want-to-liquidate-my-investment-before-the-end-of-the-target-investment-period" rel="noopener noreferrer" target="_blank">here</a>, so you can choose the appropriate product to align with your desired timeline.This information and the information contained within, including details about our new Downpayment Assistance Program, are provided for informational purposes only and should not be construed as offering financial, tax, legal, or real estate advice. We make no representations or guarantees around the accuracy and completeness of the information and accept no liability for any errors or omissions. The program details, including terms and conditions, are subject to change without prior notice, and participation in the program does not guarantee the purchase of a home. Decisions based on this information are the sole responsibility of the recipient, and we encourage consulting with financial advisors, legal consultants, or real estate professionals as appropriate. Any links to third-party resources are provided for convenience only, and we do not endorse or assume responsibility for the content or accuracy of these external sites. If you have any questions or need further information, please feel free to contact us.<h3>Terms and Conditions–&nbsp;</h3><ol><li>Eligibility Criteria- You must be an Arrived investor purchasing your first home to qualify for this program.&nbsp;</li><li>Program Details- To participate in this program, email downpaymentassistance@Arrived.com to schedule time with our team to talk about the program and how to get started. Once we have registered interest to participate in the program, Arrived will coordinate with the investor and the partner broker services on the new home purchase as well as on the Arrived share liquidation. To qualify for the Waived Fee Advantage, the investor must demonstrate that they are using the liquidated funds to purchase their first home. This may include providing full documentation of their new home purchase, their previous lease agreement for their primary residence, and or other documents that demonstrate a transition to first-time homeownership.&nbsp;</li><li>Application Process- To participate in the program, please email downpaymentassistance@Arrived.com to schedule time with our team to talk about the program and how to get started.&nbsp;</li><li>Financial Terms- Once the Arrived shares are liquidated, Arrived will arrange for the cash payout of the Waived Fee Advantage within 60 days and according to the above terms. The Cashback Rewards payment is based on 1% of the property value and will be paid out in cash within 60 days of the property escrow closing.&nbsp;</li><li>Duration and Availability- This program is a rolling program that begins on Jan 15 and subject to availability, will be available until Dec 31. Once an application is received the Arrived team will respond within 7 days.&nbsp;&nbsp;</li></ol>

Arrived Down Payment Assistance Program 

Here with a leasing and booking update for March, where our portfolio of single family residences and vacation rentals generated $968,486*&nbsp;in revenue.Rental income dividends are now paid monthly to your Arrived Cash Balance! Read more about the Arrived Cash Balance <a href="https://arrived.com/blog/arrived-wallet" rel="noopener noreferrer" target="_blank">here</a>.&nbsp;For a more comprehensive financial analysis, read our <a href="https://arrived.com/blog/arrived-q1-2024-financial-performance" rel="noopener noreferrer" target="_blank">Q1 Financial Performance</a> and <a href="https://arrived.com/blog/arrived-single-family-residential-fund-q1-2024" rel="noopener noreferrer" target="_blank">SFR Fund Q1 Report</a>.<h2>Single Family Residentials</h2>In March, we secured new tenants for&nbsp;16&nbsp;Arrived single family residential homes across&nbsp;11&nbsp;markets for an average lease duration of&nbsp;20 months. Of these homes,&nbsp;9&nbsp;properties&nbsp;were leased over the forecasted amount.All rental income generated from Arrived properties benefits its investors by adding to the property’s cash reserves or by being paid out as future monthly dividends.Overall, Arrived single family residential properties had a stabilized occupancy of&nbsp;92.79%*&nbsp;with&nbsp;305&nbsp;occupied properties* collecting a total of&nbsp;$620,766*+&nbsp;rent revenue in March.<h2>March Leasing Activity</h2><img src="https://cdn.builder.io/api/v1/image/assets%2Fe2f096ba17f74dfd9c140ac050f349a4%2F50078669ae6341f1892e22542013e322"> *All rents listed are per the property’s lease agreement and what we expect to collect for the property’s lease term.&nbsp;<h2>Vacation Rentals</h2><h3>March gross booking revenue &amp; guest ratings</h3>In March, Arrived vacation rentals generated&nbsp;$326,431&nbsp;in gross booking revenue&nbsp;for&nbsp;38&nbsp;booking-ready properties.* We are excited to share that our vacation rentals have an average guest rating of&nbsp;4.90.* With the arrival of spring, we're noticing a steady overall increase in vacation rental bookings across our portfolio.The table below presents each bookable vacation rental’s gross booking revenue and guest rating score in March. It's important to note that vacation rentals are highly seasonal, which may lead to greater gross booking revenue deltas depending on the market or location of the property. Newly bookable vacation rentals typically require more time to reach revenue potential.<img src="https://cdn.builder.io/api/v1/image/assets%2Fe2f096ba17f74dfd9c140ac050f349a4%2F42c112de194742a9a334d2e38f178ffb">*Gross vacation rental revenue from the month of March reflects bookings from 3/1/2024 through 3/31/2024. Our guest rating is a weighted average for all bookable vacation rentals from the property's bookable date to current (5/1/24).Want to stay at an Arrived vacation rental? Add it to your&nbsp;<a href="https://www.airbnb.com/wishlists/v/1276806850?s=67&amp;unique_share_id=714edd7c-678a-45d5-9063-a7a27dd5b214" rel="noopener noreferrer" target="_blank">Airbnb wishlist</a>&nbsp;✨&nbsp;<h3>Guest review highlights</h3>"The home was everything we needed and then some. Everyone had a place to settle alone and to congregate when looking to get together as a group. The kids loved the bunk bed set up, and the little bit of privacy having their own floor gave them. Would stay here again and again!" — Guest review of <a href="https://www.airbnb.com/rooms/989868525904261832?guests=1&amp;adults=1&amp;s=67&amp;unique_share_id=083d0014-80cf-4f27-9746-dac73081904d" rel="noopener noreferrer" target="_blank">The Coquina</a>, 5/5 stars"Beautiful home minutes from the main parkway in Gatlinburg. Looks just like the pictures. Very spacious and filled with everything we needed for a cozy getaway. Super responsive host who cares about a guest's experience. Would definitely stay here again!" — Guest review of <a href="https://www.airbnb.com/rooms/984168496329775677?guests=1&amp;adults=1&amp;s=67&amp;unique_share_id=d17def80-58dc-45d3-a1a1-6367f7ced865" rel="noopener noreferrer" target="_blank">The Loop</a>, 5/5 stars"Our stay was nothing short of amazing. The property was as described and accommodating for a large family/group. There was plenty to do onsite for guests of all ages. We will certainly be returning in the future!" — Guest review of <a href="https://www.airbnb.com/rooms/960965384175789220?guests=1&amp;adults=1&amp;s=67&amp;unique_share_id=c6172117-f6fd-4e43-9208-73a2eb3e4c0a" rel="noopener noreferrer" target="_blank">The Pickler</a>, 5/5 stars"House was better than expected. Comfortable bedding with spa-like bathrooms. The kitchen was well-stocked and spacious. The jewel of this home is the backyard. Professional pickleball court that also doubles as a basketball court. Heated pool and putt-putt area. We played golf by day and came home to pickleball and basketball games in the evening. The lighted court allowed us to play to neighborhood curfew at 10 pm. Within 20-25 minutes of Troon North, Boulders, and TPC, plus many other courses. Whether family trip or golf trip, this will be our base camp going forward." — Guest review of <a href="https://www.airbnb.com/rooms/984164891491983157?guests=1&amp;adults=1&amp;s=67&amp;unique_share_id=78a3cb34-f67f-4a7e-a69e-28135ec4b317" rel="noopener noreferrer" target="_blank">The Pointbreak</a>, 5/5 stars<h2>Vacation Rental Status Updates</h2><a href="https://arrived.com/app/properties/the-vita" rel="noopener noreferrer" target="_blank">The Vita</a> continues to progress in the design and rehabilitation stage. Updated booking timelines will follow as future work is defined and can be found on the property's page. Each month, we provide additional updates on our property pages for vacation rentals that are not yet booking-ready or have significant property updates. Preparing a property for booking involves various tasks such as renovation, design, furnishing, and obtaining permits.Estimated booking-ready dates for upcoming vacation rentals:<img src="https://cdn.builder.io/api/v1/image/assets%2Fe2f096ba17f74dfd9c140ac050f349a4%2F84e8034a3e5548ac81e4ea057ef5ff5b">Learn more about our&nbsp;<a href="https://learn.arrivedhomes.com/how-arrived-enters-a-vacation-rental-market/" rel="noopener noreferrer" target="_blank">vacation rental preparation process</a>.*These figures include only stabilized IPO properties. All figures are unaudited and may be subject to change.*Stabilized Occupancy includes homes that are occupied or are 90+ days rent-ready from their initial improvements (single family residential properties only). Properties may be removed from stabilized if significant impairment outside of the ordinary course of operations requires material action for an extended period of time.*In an effort to improve the accuracy of our property performance reporting, we will be adjusting the content and cadence of some metrics to provide the most accurate information in alignment with associated SEC filings.

March 2024 Property Performance

Saving and investing can be a great way to&nbsp;<a href="https://arrived.com/blog/building-wealth-through-real-estate/" rel="noopener noreferrer" target="_blank">build wealth</a>. And you have a lot of options to help you get there.The United States Congress designed the 401(k) plan to encourage Americans to save for retirement. It has primarily replaced&nbsp;pension plans, and since it’s an employer-sponsored retirement savings plan, the 401(k) is extremely common and very popular. The 401(k) offers significant tax benefits and gives you various options for allocating your funds.Let’s dive deeper into what a 401(k) is and why it is worth considering.&nbsp;<h2>What Is a 401(k) Plan?</h2>A 401(k) is a retirement savings plan offered by many employers. It allows workers to sign up and have a percentage of each paycheck paid directly into an investment account.When you open a 401(k) plan, you can put your money into certain investments, typically stocks and mutual funds. Your contributions, specified in advance as a percentage of your pay, are withdrawn directly from your paycheck and invested in your chosen funds. Companies will generally provide a list of available offerings for employees to choose from.&nbsp;Their immediate tax savings make 401(k) plans popular among employees. You pay no tax for every dollar taken from your paycheck and put into the 401(k). Therefore, your current year’s tax bill will be lower the more you invest in your 401(k). You will, however, be taxed in later years when you withdraw from the 401(k) account.&nbsp;<h2>How 401(k) Plans Work</h2>Thanks to the power of compound interest, the money you put in your 401(k) when you’re young can grow exponentially over the years.To start a 401(k) plan, you must do so through your employer. Many companies will offer employee 401(k) plans, and once you’re signed up, you can automate the process so that a percentage of your paycheck is put towards the plan each month without you even noticing. You can also ask for a list of stocks, bonds, and mutual funds the 401(k) can be invested in from the plan administrator. (You’ll want to choose ones that feel right for your long-term financial goals and risk tolerance.) The investment choices will differ for every employer’s plan.If you’re self-employed or run a small business, don’t fret. You may be eligible for a&nbsp;<a href="https://arrived.com/blog/solo-401k/" rel="noopener noreferrer" target="_blank">solo 401(k)</a>&nbsp;plan, also known as an&nbsp;independent 401(k), which gives you the same offerings as an employer-provided 401(k). These plans can be opened through financial providers, such as brokerages.<h2>Employer Matching</h2>Many companies will provide a 401(k) match, which means the employer will match employee contributions up to a certain percentage. For instance, an employer might match 50 cents for every dollar that an employee contributes, which means that if you’re putting in $1,000 a month towards your 401(k) each month, your employer will add another $500 in matching contributions, bringing your total monthly contribution to $1,500.&nbsp;This employer contribution amount is free money on top of your paycheck that you don’t need to pay tax on until you withdraw the earnings in later years, and it can add up substantially over the long term. Financial advisors and experts recommend that you contribute at least enough money towards your 401(k) plan to get the full employer match.&nbsp;<h2>Types of 401(k) Plans</h2>There are two ways to contribute to a 401(k) plan, and it’s essential to understand the different tax implications of each investment option before you sign up.&nbsp;<h3>Traditional 401(k)</h3>A traditional 401(k) plan is employer-sponsored. The money comes out from your monthly paycheck and is automatically put in your 401(k) before any income taxes have been deducted. These pre-tax contributions reduce your taxable income and can be reported as tax deductions for the current year. You won’t owe any taxes on this money or the interest earned on it until you withdraw, typically in retirement.<h3>Roth 401(k)</h3>The Roth 401(k) works more like the Roth IRA or Individual Retirement Account, where the contributions are taken from after-tax dollars. Since this money has already been taxed, the funds in a Roth 401(k) grow tax-free. When they’re withdrawn during the later years of retirement, you aren’t required to pay any additional taxes on either the original contribution or the earnings.Rolling your 401(k) over into an IRA is also possible. Still, you’ll need to follow&nbsp;Internal Revenue Service rules on rollovers, available at&nbsp;<a href="http://www.irs.gov/" rel="noopener noreferrer" target="_blank">IRS.gov</a>, and get investment advice to make sure you’re not losing money in taxes when you do so.&nbsp;<a href="https://arrived.com/blog/self-directed-ira-real-estate-2/" rel="noopener noreferrer" target="_blank">A self-directed IRA</a>&nbsp;can give you a much more comprehensive selection of investment choices.<h2>Annual Contribution Limits</h2>A 401(k) is a defined contribution plan; that is, both the employer and the employee can contribute to the account up to the limits set by the IRS.&nbsp;In 2024, this limit is $23,000 per year for workers under 50, while anyone aged 50 and over could make a $6,500 catch-up contribution. The maximum contribution an employee or employer can make to a 401(k) plan in 2023 is $22,500 per year for workers under 50, and an additional $7,500 catch-up contribution available for anyone over 50.&nbsp;If your employer offers both types of 401(k) plans, that is, a traditional 401(k) plan as well as a Roth 401(k), you can either choose one of the plans to put your money into or divide your contributions between the two. However, it’s important to note that the total contributions between the two types of accounts must not exceed the $22,500 limit for 2023.&nbsp;<h2>Withdrawing funds from your 401(k)</h2>The most important thing to remember about 401(k) withdrawals is that since this money was never taxed, you will owe ordinary income taxes on the original contribution and the growth when you take it out. If you have a Roth 401(k), the money has already been taxed, and you owe no tax.&nbsp;For both traditional and Roth 401(k) plans, you must be at least 59½ years of age or meet additional IRS criteria (such as permanent disability) to withdraw from the plan without incurring a penalty. For early withdrawals, the withdrawal penalty is typically a 10% early distribution tax in addition to tax penalties.Starting in 2024, plan participants can make a hardship withdrawal for emergency expenses of up to&nbsp;$1,000.Additionally, once you reach 73, you will be subject to required minimum distributions or RMDs on traditional 401(k) accounts, which are mandatory withdrawals you must make, calculated based on your life expectancy at the time. Roth 401(k) plans are not subject to RMDs.<h2>The bottom line</h2>A 401(k) can be an excellent tool to start investing a portion of your income, not only because it allows you to put aside tax-deferred money before it’s even hit your account but because an employer match can give you free money that can add up substantially over time.&nbsp;At Arrived, our mission is to provide financial freedom for everybody, and we do this by allowing you to&nbsp;<a href="https://arrived.com/blog/how-it-works/" rel="noopener noreferrer" target="_blank">purchase shares in profitable rental properties</a>. Through our platform, you can purchase shares of rental properties for as little as $100 and start building a portfolio — and a rental income —today.&nbsp;

What Is a 401(k)?

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