Is the wild west of real estate too daunting for you to even consider venturing into?
Real estate opportunities are usually out of reach for everyday people, and investing is designed for the small percent with large amounts of capital to spare.
Along with the looming financial risk, the huge commitment and need to be “all in”, the learning curve of understanding the real estate market, and other challenges, it’s no wonder that many across B.C. feel locked out when it comes to making an investment into property ownership.
addy believes that everyone should have the opportunity to own property through access to real estate investing at any amount, regardless of income, age, or other conflicts. As an online investment platform, they aim to reduce the entrance barriers, providing an accessible avenue “in” to the real estate market by enabling B.C. residents to invest in real estate for as little as $1. Yes, you heard that right — all it takes is one buck!
By investing in real estate and land, you can invest in something tangible that you can drive by and follow updates to see how it’s doing. Even more, addy takes the extra step in removing the unexpected headaches that come with homeownership. From contracts to closing, from being a landlord to juggling maintenance—they handle all the details so owners can just pick an address and go.
addy will identify properties for real estate investment. These decisions are made collectively by addy’s executive team, investment committee, and Board of Directors. In fact, the team of experts are also co-owners in each property, so they have just as much stake in the game as their investors.
Once identified, the property is broken out into investment increments valued at $1. For example, a $1M property is divided up into 1M shares; shares in the property will be available to qualified members on addy’s platform. Each investor can decide how much they want to invest.
Another way to think of this concept is as ‘real estate crowdfunding’. Through this form of crowdfunding, multiple individuals invest in property at a price point they are comfortable with and, at the same time, they reduce the risk that comes with any investment since the risk is spread across the collective.
45604 Airport Road in Chilliwack, B.C. Photo: addy.
addy’s first proof of concept property is located in Vancouver’s Trout Lake, which sold out to 305 investors across Canada. The smallest investment amount was $1, the largest investment was $95,000, and the average investment was $4,551.
As of today, addy has launched a new investment property located at 45604 Airport Road in Chilliwack.
Located in the central region of one of B.C.’s fastest-growing communities, this commercial property is 100% occupied by a Starbucks, complete with a drive-thru and 12-owned parking stalls on the lot. Built in 2019, the freestanding building comprised of 2,100+ SF new build retail.
Available to B.C. investors who are 19+, the minimum investment amount is $1, and the maximum investment amount is $1,500. addy members with funded wallets are the first in line to invest in what is sure to be a hot commodity of a property in Chilliwack!
To learn more about addy, become a member of addy’s network, and invest in real estate, visit addyinvest.com.
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