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5 Questions to João, First Time Investor with Bricksave

Jan 5, 2017

Juan: 1st time investor with Bricksave

 

Q: What attracted you to Bricksave’s platform?

A: Mainly the fact that it made investing seem so much more straightforward than I first thought. I used to think that you needed some kind of economics degree to be an investor, or at least be really good and really knowledgeable with paperwork; and there was also the actual admin involved – how to find the properties, how to actually invest money, how to collect returns etc. I had no idea there was a simple dashboard like Bricksave’s that you could monitor everything from.

 

Q: Have you invested in real estate before?

A: No. I assumed that that world was inaccessible to normal working people like me – I thought you had to be somehow already on the inside to get involved.

 

Q: What is your overall goal by investing with Bricksave?

A: For me it’s mostly about retirement – I want to start saving now for when I’m older, and a lot of the traditional bank or government-provided retirement plans don’t seem as profitable as I’d like. I use Bricksave to help build a solid foundation on which to save for the future.

 

Q: How much did you know about real estate before investing?

A: Almost nothing, which was one of the reasons I hadn’t previously thought about property investment. When I discovered Bricksave I saw that they had done all the research for me and chosen the good properties, and I was excited to realise that I could invest in real estate without a finance degree or a career’s worth of knowledge. And I’ve actually learnt a lot just by using Bricksave, which is great.

 

Q: What are your thoughts on Real Estate Crowdfunding as a concept?

A: To me it just seems to make sense – if someone can’t afford to put money into a property themselves, why not get other people to put money in as well and share the returns. I like the direction it’s taking us – the sharing economy, a more democratic way of doing finance. And I also like how it gives working guys like me new power in an economy that was previously very hegemonic, one that pretty much ignored working people.

 

Properties Open for Investment

5-2 Wohnresidenz Zogernitz, Vienna

5-2 Wohnresidenz Zogernitz, Vienna


Vienna, Austria



Estimated Avg. Annual Return*1.8% - 3.8%

Total Invested€ 564,500


74% Funded € 564,500

Target € 760,000


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15421 Sussex Street, Detroit

15421 Sussex Street, Detroit


Detroit, United States of America



Estimated Avg. Annual Return*9.8% - 11.8%

Total InvestedUS$ 49,750


53% Funded US$ 49,750

Target US$ 94,320


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*This amount is an estimate and should not be considered a guaranteed figure. The value of your investment can go up as well as down. In most circumstances the maximum duration of an investment will be 4 years.

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