It’s simple: start by creating a profile on our website and provide the requested information. While our team validates the details, you can browse the properties listed on our marketplace, and then invest in the properties you’ve selected.
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You must be at least 18 years of age to invest through our platform.
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Yes: you can invest alongside a common-law partner or spouse
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The process begins when you create your profile and provide your information and supporting documents. Once your profile is complete, you can select the property you wish to invest in and transfer the money to confirm the deal. The entire process takes around 7 minutes. (Yes, we timed it).
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You can invest through the current sale at the time of a property’s launch and secondary sale through the Secondary Marketplace (coming soon).
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Log in to your BuyProperly account on the app or online to view a host of information and metrics on your dashboard, track your investment performance and earnings, and more. You can also chat with us online, schedule a call, or email us: [email protected].
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The minimum investment required is USD 500. There's no maximum but an investor can't own more than 49.9 percent of a property.
The maximum investment also depends on investor eligibility based on the U.S. Securities and Exchange Commission. To protect our investors, we may limit the amount to a certain percentage of their annual household income.
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Your investment in the property gives you a share and no hassle, however, behind the scenes these are the costs that BuyProperly covers.
One-time costs: All property purchases involve such costs as stamp duty, legal fees, survey and home inspection costs, and title insurance, among others. These costs (or estimates) will be known at the time of investment. The final price for investors will include the property price and the one-time costs listed above.
Recurring costs: The ongoing costs of advertising, renting, managing, and maintaining the property – such as the costs of painting – are deducted from the rental dividends.
BuyProperly fees: BuyProperly charges an annual management fee of 1% of your investment amount and a property sourcing fee. Please refer to the property documents for exact details specific to the project. This fee covers all the services BuyProperly provides – sourcing deals, managing properties and overseeing exit transactions – and does not increase with the value of the property over time. Those capital appreciation gains are strictly for the investors.
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No: BuyProperly does not provide tax or investment advice; any general information is to help investors make their own informed decisions. See Key Risks & Disclosures for further information. If you need expert financial planning or advice, we can connect you with one of our financial advisors for a complimentary session. Simply email us at [email protected].
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Investors will receive annual tax slips with respect to their investment income each year.
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Yes: the projected annual return on investment (ROI) listed for each property is the amount after subtracting BuyProperly’s annual fee.
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BuyProperly recovers the costs of repair and maintenance from the rent generated by the properties.
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No one person can hold all the shares of one Property. Also, the maximum investment depends on investor eligibility based on the Securities Commission guidelines. To protect our investors, we may limit the amount to a certain percentage of their annual household income.
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No: your credit score is not affected, and you do not own the title on the property, so you are still eligible for first-time homebuyer benefits.
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No: although your annual income will determine how much you can invest.
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You can transfer funds via bank transfers only.
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The limited partnership company was created for the sole purpose of owning and managing the property. No individual investor owns the title: their share in the company is in proportion to their investment.
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Other investors’ actions have no bearing on your holding; you are not obliged to invest more and you can exit your investment at the end of your holding term. You can sell your share on our Secondary Marketplace (coming soon) to interested investors 90 days after the deal closes.
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Investor votes may be required if:
- the exit year happens to be a housing crash year (such as 2008) – the investment agreement includes criteria for first, defining what constitutes a “crash year” and second, holding a majority investor vote to extend the holding by one year (at a time).
- in extreme circumstances such as a natural disaster, when the reserve fund doesn’t cover operational property costs, and insurance can’t cover all losses. In that case, investors would vote on: (a) liquidating assets or (b) requiring additional funds from all investors.
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You can consider revising your price per share to align with market trends.
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