Show HN: FOHO – Safer rentals for foreigners in Korea with escrow and AI https://ift.tt/IAPU3J1
Show HN: FOHO – Safer rentals for foreigners in Korea with escrow and AI We built [FOHO]( https://ift.tt/RAB54lc ), a housing platform that helps foreigners safely rent in Korea — without scams, translation issues, or ghosting landlords. --- ### Why we built it: When one of us moved to the US, he got ghosted after sending a deposit for a room. In Korea, it’s worse — most listings are in Korean, deposits are high, and many landlords don’t want foreign tenants. Foreigners are *3x more likely to face fraud* in rental markets (- StatKorea 2025). We interviewed 122 foreign residents in Korea. Two had lost their deposit. From Reddit posts to real-world landlord calls, we found the same pattern: *language barriers, legal uncertainty, no post-move-in help*. --- ### What FOHO does: 1. *AI-matching* based on visa type, lifestyle, move-in dates, etc. 2. *Verified listings* and optional escrow rent protection. 3. *Auto-translated lease terms*, with cultural/legal context. 4. *Post-move-in care* (rent alerts, utility help, multilingual support). 5. *Landlord tools*: rent reminders, issue ticketing, higher yield without added hassle. --- ### Traction: - 1,500+ monthly users, 1,000+ listings - 50%+ organic traffic (up from 9% in Jan) - Partnerships with local institutions (e.g. Korea University) - Preparing expansion to Boston --- ### Tech stack: - Next.js + MongoDB - LangChain + Claude/GPT for translation & contract extraction - Multilingual chatbot built on RAG with custom glossary enforcement --- We’re a team of builders who’ve failed 5 times before, this time shipping daily and talking to every user. Would love feedback on: - Matching logic (should we ask for lifestyle tags or structured inputs?) - Escrow design (would you trust it?) - Expansion: where would this work next? Thanks HN https://ift.tt/4bJB7Kf June 27, 2025 at 11:57PM
Show HN: FOHO – Safer rentals for foreigners in Korea with escrow and AI https://ift.tt/IAPU3J1
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June 28, 2025
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