Why go it alone when you can leverage the resources of many? Fractional ownership works by sharing the risk, rewards, and ownership of the investment across several investors. Unlike full ownership of a property, fractional ownership offers the ability to diversify your investment portfolio.
BuyProperly’s industry-leading platform gives investors access to a wide range of vetted, high-quality investment properties that make real estate investing accessible to individuals. As a result, many investors diversify their real estate investments in multiple fractional investments across different property types and geographic locations.
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BuyProperly charges an annual management fee between 1-2.5% of the amount raised through the platform for rental-generating properties. In some instances, BuyProperly may charge a deal sourcing fee. The property’s Offering Memorandum lists the exact fees per property.
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As a fractional owner of a property, investors have to maintain the upkeep of a property, which can help enhance its value. Therefore, if there are property management costs, these are deducted from rental income without additional markups to cover repairs or maintenance of the investment property and are listed on quarterly statements.
BuyProperly maximizes investor value by using a combination of in-house and outsourced property management. We handle all aspects of property issues, including tax payments, insurance, maintenance, and day-to-day management.
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Once you invest in a BuyProperly property, the interest rate is secured for five years. Unlike REITs, our real estate investment vehicles are private investments not tied to the stock market. This means that, for example, residential properties have no correlation to activity on the market (making them a great way to diversify your investment portfolio across different asset types). Refer here.
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