Wander REIT - Investing in vacation rentals just got easier

How it all began...

At Wander, we’re on a mission to build the infrastructure to experience the world so that our customers can find their happy place and make memories that will last a lifetime. 

With carefully curated homes and stunning locations, we've built a network of incredible destinations unlike you’ve ever experienced before. Wander combines the quality and consistency of a luxury hotel with all the space and privacy of a high-end vacation home. It’s the best of both worlds. A vacation home, but better. 

A few months ago, we announced the launch of Wander REIT, the next critical piece to our core underlying financial infrastructure and how we plan on scaling Wander to reach and serve thousands more customers for years to come. Simply put, the more investors, the more capital we have to acquire our unique and magical Wander homes that millions of people can have the pleasure of experiencing. It also allows us to blur the line between customers and owners. 

Historically, investors had to buy a vacation home, rent it out and manage it. And the reality isn’t always pretty – lots of late nights, pressure to market your home, cleaning bathrooms and fixing light bulbs. Wander REIT is leaving all of that behind and pioneering a better way to reap the benefits of investing in one of the fastest segments of real estate – short-term rentals – without the hassle of owning and managing a vacation rental yourself. Investors have the potential opportunity to earn high-yield passive income targeting an 7-8% annual return, and to participate in the capital appreciation of the homes themselves, bringing the REIT to a total targeted annual return of 14%. Besides the attractive return profile, the REIT also provides investors with portfolio diversification and tax-advantaged income. For now, the REIT is currently only available to accredited investors for a minimum investment of $2,500.This quarter, Wander REIT just paid out its first dividend. We saw 5.1% appreciation across the portfolio and are on track to meet our targeted annual dividend of 7-8%!

Today, we’re thrilled to announce that investing in Wander REIT just got a whole lot easier. We've worked tirelessly to build a new and improved investor experience characterized by ease and speed. No more endless steps, no more lengthy bank verification steps, no more mandatory meetings. You can now (literally) become a vacation rental investor in just a few clicks.

New features for a simple investing experience

In the same way that we built Wander with our guests in mind, we rebuilt the Wander REIT investment experience with our investors in mind, so you can invest with zero hassle. Here’s a high-level overview of what’s new:

1. New payment methods: Credit Card, Apple Pay, Google Pay: Let’s be real, linking your bank account to an investment platform can be a very manual and lengthy process. That's why we've added the ability to invest via credit card, Apple Pay, and Google Pay– removing all of the hassle of linking your bank account and putting investing right at your fingertips.

2. Instant investing via a bank account with Plaid: For anyone who prefers to link their bank account, we've made the process even faster and more efficient. We've integrated Plaid, a financial services company that allows for instant bank verification and authentication, making investing as simple as possible.

3. Shortened the investment flow to 3 simple steps: Investing shouldn't involve a multi-step process that just leaves you looking for a way out. We've dramatically simplified and made it easy to navigate through each step. Now, you can invest immediately and worry about verifying your accreditation later. All you need to do is: 1. Create an account and select what applies 2. Input basic personal information 3. Select the dollar amount. It’s really that simple.

4. No more meetings: We understand that not everyone has the time to schedule and attend a meeting with our investor relations team. That’s why we’ve removed this pre-investment requirement. Investors now have the option to meet with our investor relations team or invest on their own terms. If you have questions but don’t have the time, visit www.wander.com/reit and jump straight to our FAQ section. 

5. In-app experience (coming soon): Keep an eye out for our new investing platform which will be available shortly in our Wander app. Our goal is to make it even more accessible for users to invest anywhere and anytime. 

If you’re not an accredited investor, or outside the U.S., stay tuned! We have some exciting updates coming next quarter! 

Whether you're a seasoned investor or just getting started, our new flow is designed to help you navigate the Wander REIT investment process with ease and efficiency so you don’t wait a second longer to get your money to work for you. It’s faster, more efficient and user-friendly than ever before. It makes investing in just a few clicks a reality. 

Thank you all for being on this journey with us. 

-Wander Team

Legal disclosures and risk factors-please read

An investment in our common stock involves a high degree of risk. Before making an investment decision, you should carefully consider the  risks described in “risk factors” beginning on page 37 of the PPM before investing in our common stock. If any of the risks discussed in the PPM occur, our business, prospects, financial condition, results of operations and ability to make cash distributions to our stockholders could be materially and adversely affected. In that case, the value of our common stock could decline significantly, and you could lose all or a part of your investment. Some statements in the PPM, the risk factors in the PPM and statements in this update constitute forward-looking statements. See “cautionary note regarding forward-looking statements” in the PPM.  There is no current public market for our common stock. The shares of our common stock offered hereby have not been registered under the securities act or the securities laws of any other jurisdiction. Until such shares have been registered, they may be transferred only in transactions that (a) are exempt from registration under the securities act and the applicable securities laws of any other jurisdiction and (b) bind such transferees to the terms and conditions upon which such transferring stockholder is bound. See “summary of material agreements, our stock and our corporate governance - restrictions on ownership and transfer.” Hedging transactions involving our common stock may not be conducted.

This update is intended solely to provide investors with an overview of how wander.com, inc. (“Wander”), the sponsor of Wander Atlas REIT, inc. (“Wander REIT”) approaches the short-term rental business.  It is not intended as a supplement to the PPM and no investor should rely on this update in making their investment decision in connection with Wander REIT.  For the avoidance of any doubt, the PPM is the sole controlling document for all information concerning investment in Wander REIT. Investors are referred to the PPM for a description of the relationship between wander and its affiliates and Wander REIT, and the related risks associated with an investment in Wander REIT. Neither Wander nor Wander REIT can guarantee future performance or any return on investment.  Like any investment, an investment in Wander REIT entails the risk of loss of some or all of one’s invested capital.  The PPM explains in detail the risks associated with an investment in Wander REIT and the related terms and conditions of the investment and it should be read carefully and in detail before investing. The PPM is the sole and exclusive source of information concerning investment in Wander REIT.

You should rely only on the information contained in the offering memorandum/ppm. None of us, or any of our subsidiaries or affiliates (or wander.com and its subsidiaries and affiliates) have authorized anyone (including employees of Wander and its subsidiaries and affiliates), to provide you with information different from that contained in the offering memorandum. We do not take responsibility for, nor can we provide any assurance as to the reliability of any information that anyone may give you that is not otherwise contained in the offering memorandum.