Fernwood Team

What Fernwood Team does

Fernwood Team is a Las Vegas-based real estate investment advisory firm founded in 2005 by Eric Fernwood and co-managed since 2017 by Cleo Li, operating as an affiliate of Keller Williams VIP Realty under Nevada licenses S.67069 and S.171691. The firm offers a turnkey, done-for-you rental property investment service for busy professionals and out-of-state or international investors, covering investor training, property sourcing, acquisition, renovation oversight, and property management setup. Clients spend an average of 8-12 hours total on the process and most never visit Las Vegas. The firm has served 170+ clients, delivered 600+ investment properties across 560+ transactions, and reports a sub-2% average vacancy rate, 8% compound appreciation, and 5% rent growth across its portfolio. Revenue is generated primarily through a 2.5% transaction fee on the gross sales price of each property, bundled into the seller's closing costs in nearly all cases, with training and property management setup included as part of that fee.

The firm's underlying technology stack is centered on proprietary data mining software and custom analytics tuned to the Las Vegas rental market, which the company claims outperforms generic platforms such as Redfin, Zillow, and Rent-O-Meter. Its tenant-centric evaluation framework, adapted from commercial real estate site-selection methodology, identifies target tenant segments first and then selects properties that meet that tenant profile. The go-to-market is sales-led with a content-heavy top-of-funnel: extensive blog content, monthly market reports, Substack and Medium publications, a BiggerPockets contributor presence, and earned-media coverage on CNBC, 8NewsNow, LA Weekly, and VegasNews. The team of five core members (Eric Fernwood, Cleo Li, realtor Taylor, project manager Selena, and property analyst Angela) is supported by third-party vendors for inspections, renovation, and property management, with Lantana Property Management as the primary property management partner handling more than 250 of Fernwood's client properties. The firm deliberately restricts operations to Las Vegas, citing the hands-on nature of the service and the market's unique investment characteristics.

Name

Fernwood Team

Legal name

Fernwood Team

Website

https://fernwood.team

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Fernwood Team is a Las Vegas-based real estate investment advisory firm founded in 2005 that delivers turnkey rental property services to busy professionals and out-of-state investors, using proprietary data mining software to source and manage 600+ properties across 170+ clients.

Ownership category

akta.pro rank

Product category

Real Estate Investment Advisory Services

NAICS

Offices of Real Estate Agents and Brokers (53121), Management Consulting Services (54161)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Management Consulting Services (8742)

akta.pro industry

PRIMARYBPAJAAAL

Residential Real Estate Teams & Agent Networks (Team-Based Brokerage)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Real Estate Brokerage

SECONDARYBPAJANAB

Real Estate Strategy & Portfolio Consulting (Corporate/Institutional)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Advisory & Consulting (Investment, Strategy)

Keywords

• Rental property investing
• Real estate investment services
• Passive income portfolio
• Property acquisition consulting
• 1031 exchange services

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Transaction Fee (Real Estate Services): Fernwood charges 2.5% of the gross sales price for their comprehensive real estate investment services. Of their 560+ property transactions, sellers have paid the fee in all but 8-10 cases where clients contributed to the fee. The fee covers training, property selection, acquisition support, renovation oversight, and management setup.
2. Client-Contributed Transaction Fees: In approximately 8-10 cases out of 560+ transactions, clients have contributed to paying the transaction fee, typically when sellers did not pay the full fee.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels13 records

Core offering

Fernwood Team provides a turnkey, done-for-you real estate investment service in Las Vegas covering investor training, proprietary data-driven property selection, acquisition support, renovation oversight, and property management setup. The firm sources rental investment candidates using its own analytics, vets them through multi-step due diligence, and connects clients to trusted property managers—typically executing the full lifecycle remotely for out-of-state investors in 8–12 hours of client time.

Product overview

Fernwood Team offers a comprehensive, turnkey real estate investment service for Las Vegas rental properties. The core offering combines investor training (via Zoom), proprietary property selection software, acquisition support, renovation oversight with progress videos, and property management setup—all designed for passive, remote investors. The company also provides monthly market reports, case studies, and 1031 exchange services as supplementary modules. Clients span 170+ investors, with over 600 properties delivered, and the process is structured for全程 remote execution.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Property Services (Turnkey Rental Property Investing) Comprehensive turnkey service covering the full real estate investment lifecycle in Las Vegas for individual investors: training, property selection, acquisition support, renovation oversight, and property management setup, designed for passive remote ownership.
• Investor Training Program Mandatory one-on-one Zoom training for new investors covering processes and fundamentals, analytics and portfolio growth, optional forms of ownership and risk reduction, and a meet-the-property-manager session. Included in the firm's 2.5% transaction fee.
• Property Selection & Due Diligence Uses proprietary data mining software to generate candidate property lists, then applies multi-step validation including systems inspection, cosmetic evaluation, renovation scope assessment, and due diligence before purchase.
• Renovation Oversight ROI-focused renovation planning and transparent cost management coordinated by Fernwood's project manager, with progress videos provided to remote investors throughout the renovation.
• Property Management Setup Connects clients to trusted property managers (including Lantana Property Management) for tenant placement, maintenance coordination, and ongoing operations on Las Vegas rental properties.
• 1031 Exchange Services Assists clients with 1031 tax-deferred exchanges, including identifying replacement Las Vegas rental properties, managing IRS timelines, and coordinating with Qualified Intermediaries.

Quantifiable outcome

• Less than 2% vacancy rate maintained across 560+ properties
• +6 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Lantana Property ManagementcoreStrategic or Co-development PartnerLantana Property Management is the primary property manager Fernwood works with for their clients' properties. Angela Valdez, owner of Lantana Property Management, currently manages more than 250 of Fernwood's clients' properties. Angela contributes to Fernwood's educational content, explaining tenant screening, lease renewal decisions, and maintenance cost minimization. Fernwood closely monitors performance across hundreds of client properties and typically works with only one property manager at a time.
• Direct Deeds LLCminorImplementation/ SI/ Consulting PartnerRecommended deed preparation and recording service for Fernwood clients transferring properties to LLCs. Primary contact is Norma Green. Provides deed preparation, notarization, and county recording services for Nevada property transfers.
• Chang Law Group, L.L.C.minorImplementation/ SI/ Consulting PartnerRecommended Nevada real estate attorney for Fernwood clients. Szu-Lung Chang, Esq. provides legal services for LLC formation, property transfers, and Nevada real estate matters. Phone: (702) 483-7123.
• Eric Fernwood (Registered Agent Services)minorStrategic or Co-development PartnerEric Fernwood offers free registered agent services for Fernwood clients forming Nevada LLCs. Address: 7345 S Durango Dr, #107-102, Las Vegas, NV 89113. This service helps clients maintain good standing for their investment property holding companies.

Scale indicators10 records

Recent moves6 records

Expansion highlights4 records

Others

• BiggerPockets: Largest real estate investing community and resource platform, where Eric Fernwood is a contributor. Not a direct competitor but a key ecosystem player that channels investor leads and influences buyer behavior in Fernwood's market.

Direct peers

• Roofstock: Largest institutional turnkey single-family rental investment marketplace. Directly comparable to Fernwood in serving remote investors seeking passive rental income, but at greater scale and with a national marketplace model rather than a single-market high-touch service.
• Real Estate Wealth Network: Education-driven turnkey rental property provider targeting passive-income investors. Comparable positioning to Fernwood's combination of investor training and turnkey acquisitions.
• Norada Real Estate Investments: Turnkey rental property provider focused on helping passive investors acquire and manage single-family rentals. Closely comparable business model to Fernwood's done-for-you acquisition and management setup service.
• CT Homes LLC: Turnkey rental property provider offering acquisition, renovation, and property management for remote investors. Direct competitor to Fernwood's done-for-you rental investment service.
• American Real Estate Investments: Provider of turnkey rental properties for out-of-state investors with property management included. Comparable to Fernwood in targeting remote, passive investors seeking hands-off rental exposure.

Broad incumbents

• eXp Realty: Cloud-based, tech-enabled national real estate brokerage with significant agent-investor overlap. Broad incumbent competing for the same investor clients Fernwood targets, but at greater scale and with different service model.
• Compass: Tech-enabled national real estate brokerage serving luxury and investment-oriented buyers. Broad incumbent offering overlapping residential brokerage capabilities, though not specialized in turnkey rental investing.
• Keller Williams Realty: National real estate brokerage franchise through which Fernwood operates (Keller Williams VIP Realty affiliate). Broad incumbent providing licensing infrastructure and brand association for Fernwood's transactional activities.

Emerging players

• Mashvisor: Real estate analytics platform with an investment property marketplace. Adjacent to Fernwood's proprietary analytics approach and increasingly overlapping in serving data-driven rental investors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/fernwoodteam
• LinkedInlinkedin.com/company/lasvegasrealestateinvestmentgroup
• Instagraminstagram.com/fernwoodteam

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fernwood Team