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Post by Butch Cassidy on Jun 6, 2018 17:12:17 GMT
An interesting Buy-To-Let property crowd funding opportunity called Assetz Exchange, with AC a 10% minority shareholder, was promoted today as I'm an AC shareholder & investor with Seedrs platform, copied below;
"Assetz Exchange has been established to offer retail investors a way to more efficiently invest and trade in residential buy-to-let property for both income and potential growth. The business has an experienced team with a 17-year pedigree in the buy-to-let property sourcing industry through its association to Assetz Property, and its 140,000 registered property investors. Assetz Exchange will be offering fractional buy-to-let opportunities through a crowdfunding model with optional ISA tax advantages. Assetz Capital, the highly successful peer-to-peer business lender, is also a c.10% shareholder in Assetz Exchange and will provide support and guidance for the business."
Not yet live for investment as I write but coming soon apparently.
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puddleduck
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Post by puddleduck on Jun 6, 2018 17:15:47 GMT
I got an e-mail from Seedrs earlier but couldn't find anything about it on Seedrs.
Seems they jumped the gun a bit on this.
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Mike
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Post by Mike on Jun 6, 2018 20:54:12 GMT
I expect that 'Assetz Property' may be struggling to find enough buying willing to stump up cash for new builds in the current market. Hence turning to crowd.
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Post by GSV3MIaC on Jun 7, 2018 17:17:10 GMT
Aren't some other Assetz related company also/already involved in BTL property sales, and somewhat peripherally entangled in the MT / BPF Birkenhead shambles as a result? IIRC that was big hitters going for 1:1 purchases (or maybe 1:lots, if they were VBHs) rather than crowdfunding.
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Vero
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Post by Vero on Jun 9, 2018 12:10:34 GMT
Followed by: >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Sent: 06 June 2018 17:45 Subject: Assetz Exchange Campaign Correction Dear Seedrs investor, You recently received an email from me regarding Assetz Exchange. This email was sent in error and the campaign is not yet open to investment. As soon as Assetz Exchange becomes open to public investment, we’ll let you know. Apologies for any confusion caused. If you have any queries, please feel free to reach out to support@seedrs.com. <<<<<<<<<<<<<<<<<<<<<<<<<
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Vero
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Post by Vero on Jun 9, 2018 12:17:48 GMT
There was also this
in February 2015:
>>>>>>>>>>>>>>>>>>>>> From: investors@assetz.co.uk
Sent: 14 February 2015 04:58
Subject: Newsletter - A New Approach to Investment
A New Approach...
Assetz for Investors is proposing a fresh and exciting approach to property investment.
Through this new platform, investors are able to overcome the traditional obstacles associated with investing in the buy-to-let market.
What are the benefits?
• You can invest from as little as £10 or as much as the whole value of the property
• No mortgage is required
• Each property is fully managed
• Rental income will be paid to directly to you
• You can sell your investment at any time
• Gives you access to properties outside of your budget
Register your interest to find out more next week.
investors.assetz.co.uk/enquiry.htm?enquiry_type=for_sale_enquiry&propID=7647
<<<<<<<<<<<<<<<<<<<<<<<
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Post by stuartassetzcapital on Oct 5, 2018 17:21:14 GMT
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SteveT
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Post by SteveT on Oct 5, 2018 17:42:42 GMT
Struggling to spot any mention of the typical projected yield?
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Post by stuartassetzcapital on Oct 5, 2018 17:46:32 GMT
It’s the full net rent after property management and administration - 87.5% of the actual net rental received and expected to be typically 5-6%
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Post by Ace on Oct 5, 2018 20:28:05 GMT
Seems to be a very similar offering to a few other sites, uown for example.
Will there be cash drag between committing funds to a buy-to-let investment and that investment starting to receive rental income?
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Post by stuartassetzcapital on Oct 6, 2018 8:59:23 GMT
Our model and our purpose are somewhat and radically different to others in the market respectively.
With aftermarket purchases there will be no cash drag. With new issues there will be c 30 days drag but also the likelihood of gains in return for that wait.
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mjc
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Post by mjc on Oct 6, 2018 10:01:17 GMT
It’s the full net rent after property management and administration - 87.5% of the actual net rental received and expected to be typically 5-6% I am dubious of the benefit of 5 - 6% with doubts on the liquidity, especially if there was a downturn in the market, when I can get 5.1%, with a PF, in the 30day account. Am I missing the point? (I am exposed to the residential and commercial property market directly already, hence my caution). Or is it the hope of a Capital Gain?
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Post by stuartassetzcapital on Oct 6, 2018 11:32:55 GMT
Yes it potential capital gains on top - it’s a different product entirely
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puddleduck
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Post by puddleduck on Oct 6, 2018 14:17:14 GMT
It’s the full net rent after property management and administration - 87.5% of the actual net rental received and expected to be typically 5-6% I am dubious of the benefit of 5 - 6% with doubts on the liquidity, especially if there was a downturn in the market, when I can get 5.1%, with a PF, in the 30day account. Am I missing the point? (I am exposed to the residential and commercial property market directly already, hence my caution). Or is it the hope of a Capital Gain? 5-6% percent as a BTL landlord myself with several properties in my portfolio seems very low to me. For properties I do not manage myself, the agent takes 15%, this still leaves double digit yields. I'm aware there are certain parts of the country, where around 6.5% is considered 'good' but the smart BTL money isn't going into those places. As a counter point to that however, in my experience the double digit yield areas generally do not see a much house price inflation - actually the lower prices are the reason for the higher yields. I've registered to take a look as I like Assetz but like you, 5-6% doesn't really grab me, as it seems unambitious, although again as a counterpoint, assuming few voids, easily do-able.
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Post by stuartassetzcapital on Oct 6, 2018 15:48:00 GMT
Wait to see the range of investments we will be offering - whilst there will be some vanilla there will also be sub-asset classes never really brought to the retail market before.
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