How does addy work? đ€
We source and offer opportunities to invest in properties so that everyone has a chance at real estate investing, starting at $1.
step 1
addy identifies a real estate investment opportunity
Investment decisions are made collectively by our real estate acquisitions team, our investment committee and our Board of Directors which has a track record of investing in and managing real estate. All opportunities go through our very rigorous due diligence process.Â
step 2
addy divides the investment into equal parts
The real estate investment opportunity is broken out into increments valued at $1. For example, a $500,000 opportunity would be divided up into 500,000 units
step 3
addy sells units for $1
Units in the investment are listed for sale on our platform. You can decide how much you want to invest ranging from $1 to $1,500 per property.
in our own words
How to become a real estate investor in 2 minutes đ
step 1
Become an addy member
Join us as a Charter or Believer member! A membership gives you an all-access pass to everything that addy offers. Plus, we offer a moneyback guarantee, no questions asked! Our core value is âwin-win or no dealâ and we mean it đ€. Be ready with a piece of government ID so that you can complete your profile.
step 2
Fund your wallet
Our addys sell out quickly! Connect your bank account and fund your wallet so that you’re ready for when a property drops. Take advantage of our Instant Funds feature to get instant access to your money.
step 3
Choose a property
Take a peek at our available investment opportunities. Youâll be able to review due diligence documents on the property as well as the Offering Memorandum.
step 4
Sign and invest!
After youâve reviewed the due diligence documents you can invest up to $1500 into that property. You simply move funds over and sign on the dotted line! Thatâs it, youâre a real estate investor đ€.
FAQs
How Do You Make Money?
You can make money in 2 ways:
- Sale of the Property:Â When the property is sold, any appreciation is paid back to investors in addition to their investment principal.
- Rental Income:Â When tenants pay rent, additional cash flow can be passed back to investors in the form of a distribution.
Details are outlined in the Offering Memorandum (the doc you review before making an investment decision) for each property.
Are There Fees?
addy does not charge any fees. There are no transaction fees, no property acquisition fees, no withdrawal fees, no promotion fees, no lifts on the property of any kind, nothing.
Instead, addy offers an annual membership plan.
Why Is There a $1 Minimum Investment Per Property?
We want to enable everyone, and we mean everyone, invest in real estate. If we set the minimum amount at $50 and you only have $20, then we are the barrier to entry. Our goal is to breakdown barriers, not put them up.
Why Is There a $1,500 Maximum Investment Per Property?
We want to enable as many people as possible to invest in our properties. This is why we cap the maximum investment amount at $1,500. Without the maximum, it would be possible for a few people to take down the entire allotment, leaving nothing for everyone else. Investment opportunities for people with large amounts of money already exist and weâre not in the business of helping the rich get richer. If one of our members wants to invest more than $1,500, they can invest in multiple properties.
Is addy a REIT?
This is a question we get asked all the time, and the short answer is: No addy is not a REIT.
addy, unlike a REIT is focused on creating investment opportunities with identifiable properties (e.g. you know the address). The properties you invest in are ones you can drive by and take a look at. You are not investing in a collection of unknown properties â these are properties YOU PICK. Also, we are not a broker, we invest together. addy maintains ownership of each property we sell on the platform so our interests are always aligned.
What is Real Estate Crowdfunding?
Crowdfunding allows multiple individuals to invest in property at a price point they are comfortable with and, at the same time, reduce the risk that comes with any investment since the risk is spread across the âcrowdâ.