marka
Member of DD Central
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Post by marka on Sept 24, 2017 10:47:38 GMT
My reading of what UOWN have said is that the SM, when we see it, will only operate at par, as valued by the latest property valuation.
This means that if the property goes up in value, then whilst that would be a profit on paper for the investors, the yield would fall (presumably until next summer when rents are revised for new academic year?) meaning that purchasing a part of this property would offer a worse investment than any of the PM ones on offer - result: no movement on SM & disgruntled investors.
If it goes down in value then whilst it may become more salable on the SM, that would be at the expense of taking a capital loss - result: disgruntled investors.
Other than the property's value remaining static all year and then going up in value by a similar percentage to the rent increase, at about the same time, I can't see the SM being very attractive to sell on.
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wilja
Posts: 20
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Uown
Sept 24, 2017 11:41:07 GMT
Post by wilja on Sept 24, 2017 11:41:07 GMT
Hi uown are there any incentives in the pipeline for a new customer? |
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littonowl
Member of DD Central
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Uown
Oct 16, 2017 13:23:44 GMT
Post by littonowl on Oct 16, 2017 13:23:44 GMT
Email this morning highlighting increased net rental yields for this year, which are now quite impressive, see below:
8 Eden Gardens - 6.5% Net Yield
57 Beechwood Mount - 7% Net Yield
33 Stanmore Street - 6.4% Net Yield
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kaya
Member of DD Central
Posts: 1,150
Likes: 718
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Post by kaya on Nov 7, 2017 20:10:02 GMT
Nice looking website (apart from plonker talk), rental returns that are consistent and beat the hell out of the likes of Property Moose... Now if we can just see some more momentum on these other properties (might consider more if there is another generous free share offer), and thus a bit of belief that there will be an exit if we want/need it, (this remains wholly uncertain, present liquidity is zero)... So just give us a buy back guarantee uown after xxx years/months ~(if no effective open market exists), and then we might all chance a bit more - and also pull in some new much-needed investors. |
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Steerpike
Member of DD Central
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Post by Steerpike on Nov 10, 2017 19:58:12 GMT
There is a novel new promotion offering a prize of a whole Bitcoin (£5,483) with one draw entry for each pound invested between now and the end of the year. Reasonable rental returns and unusual promotions aside, a significant problem with uown is that there is no secondary market and apparently no exit other than selling shares on the (as yet non-existent) secondary market. |
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kaya
Member of DD Central
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Likes: 718
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Uown
Nov 11, 2017 14:54:10 GMT
Post by kaya on Nov 11, 2017 14:54:10 GMT
Novel new promotion?
No No No No No! I will never be tempted to invest another penny by spurious ''promotions'' such as this.
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Steerpike
Member of DD Central
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Uown
Nov 11, 2017 15:03:23 GMT
Post by Steerpike on Nov 11, 2017 15:03:23 GMT
Why do you refer to the promotion as "spurious"?
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kaya
Member of DD Central
Posts: 1,150
Likes: 718
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Uown
Nov 11, 2017 15:54:24 GMT
Post by kaya on Nov 11, 2017 15:54:24 GMT
The inducement to invest being the hope of winning a competition? I would indeed consider that as spurious, and not a serious investment incentive. But others may of course think otherwise and take a punt. Its enough of a punt even with a generous free share incentive.
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Steerpike
Member of DD Central
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Uown
Nov 11, 2017 16:31:59 GMT
Post by Steerpike on Nov 11, 2017 16:31:59 GMT
The inducement to invest being the hope of winning a competition? I would indeed consider that as spurious, and not a serious investment incentive. But others may of course think otherwise and take a punt. Its enough of a punt even with a generous free share incentive. If the competition rules are misleading or the prize cannot be won by an investor then the promotion might be described as spurious otherwise it appears to be similar to promotions on other sites such as the Lendy £5k fifth birthday celebration that has just ended. IMO there are two problems with UOWN, lack of lender cash and lack of exit options, the promotion is designed to help address the former and a fixed term property sale and/or secondary market would address the second issue.
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Uown
Nov 11, 2017 18:14:34 GMT
Post by valuehunter on Nov 11, 2017 18:14:34 GMT
This promotion won't convince me to add more...couldn't agree more with Steerpike, we need an exit to build confidence Overall I love the returns, the website and platform as a whole so really routing for uown to get this sorted ASAP |
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Steerpike
Member of DD Central
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Likes: 1,687
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Post by Steerpike on Nov 15, 2017 14:22:28 GMT
I understand that an "at current market value" SM is planned for December with the buyer paying a 2% fee, if this is implemented I'm sure it will be a welcome addition.
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Uown
Nov 15, 2017 18:05:01 GMT
Post by valuehunter on Nov 15, 2017 18:05:01 GMT
Very welcome, thanks for sharing.
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Uown
Nov 22, 2017 9:17:54 GMT
via mobile
Post by buttchopf23 on Nov 22, 2017 9:17:54 GMT
It seems that the 2 fundable projects are stuck approximately at half. How long does the funding actually need? Or how long was it for the first project?
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marka
Member of DD Central
Posts: 224
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Uown
Nov 22, 2017 9:50:49 GMT
Post by marka on Nov 22, 2017 9:50:49 GMT
I don't think there is a time limit on funding for these first properties as they're being bought from another family business, but obviously that sort of setup is unlikely to be sustainable long-term.
I believe all three properties were launched at the same time, but there were bonuses offered to drive investment into the completed one.
I think (hope!) that investor confidence will grow when the SM finally launches with the first property on it. On 16/10/17 UOWN sent out an email to say that it would take 6-8 weeks to transact this property into its SPV, so we will hopefully see some movement on this front in the next couple of weeks or so.
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kaya
Member of DD Central
Posts: 1,150
Likes: 718
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Uown
Nov 22, 2017 19:25:05 GMT
Post by kaya on Nov 22, 2017 19:25:05 GMT
It seems that the 2 fundable projects are stuck approximately at half. How long does the funding actually need? Or how long was it for the first project? How long? Maybe the question is how much... promotion they will need. If interested in investing, it might be worth waiting to see if they offer another 20 or 25% free share bung on your investment. Unless a bitcoin competition tempts you...
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