Best Digital Mortgage or Real Estate Platform, Tool or App
BRICKX allows all Australians to be able to easily and affordably in invest in prime residential real estate without the requirement to buy and entire property. Through fractional ownership, investors are empowered to choose which properties they wish to invest in, when to invest, when to sell (through their unique secondary market) all without the hassles of buying and managing investment properties. Whilst an owner of Bricks, investors earn their share of the monthly rental income (paid monthly) and can also earn capital gains as the value of the property changes. Allowing all Australians to be able to now access this popular asset class, BRICKX provides solutions to those who want to save for their house deposit inline with the housing market, save for their children, enter the property investment market for the first time, or simply invest and diversify across their investments of SMSF. The properties on the BRICKX website are selected by a team of experienced individuals who through a data driven approach identify the key capital cities and suburbs to invest in, and then actively pursue those investments. Properties are acquired upfront ahead of launching on the BRICKX website, providing investors with certainty of what they are investing in. The team are currently focused on investing in desirable suburbs, which have a strong long-term track record of capital growth, low vacancy risk and strong tenant demand – these suburbs include Bondi Beach, Double Bay, Mosman, Annandale & Enmore (Sydney) and Port Melbourne & Prahran (Melbourne). Investors are limited to owning up to 5% of a single property, ensuring properties are widely held and enhancing liquidity. Investments on BRICKX are expected to have over 1,000 individual investors once fully funded.
PeerStreet is an award winning, Andreessen Horowitz backed platform focused on democratizing access to investments in real estate loans. The founders are a former Google executive/co-founder of Google Analytics and a real estate attorney, both of whom are serial entrepreneurs. Last year alone, PeerStreet was named investment of the year, innovator of the year in lending and #1 investment of the year. It has also been covered favorably by major media outlets and personal finance influencers including Mr. Money Mustache, Invest Like A Boss, TechCrunch, Business Insider and Wall Street Journal.