About Brickstarter
Brickstarter is the real estate investment platform specialized in vacation rental properties. The company finds the best properties, collects funds from investors, then renovates them. Investors get profit either from monthly rent or when the property is sold. Average APR is 5%.
Functionality
For Investors
Useful Information
Brickstarter operates as a real estate crowdfunding platform where people can invest in rental properties in the form of loans.
Brickstarter explores the market and finds the best vacation properties. Properties are mainly located in Spain. Then Brickstarter initiates fundraising to raise funding for the acquisition of the property and renovation. Investors start receiving returns after the investment is made. After renovation the property manager is assigned to rent it out and investors receive a share of the income. When the property can be sold with target returns it is sold and the purchase price is distributed to investors.
On Brickstarter you can invest in the form of a loan into vacation real estate in Spain!
Loans on a Birckstarter are secured with the acquired property thus case in case of non-payment, the ownership of the property would be acquired.
Thus Investor's main risk is that the acquired property could not be rented out due to various reasons and it sales price will not fully cover the invested amount
Possibility to invest in rental properties.
Great returns, min 10%, for real estate-backed loans.
The platform has all the tools for easy investing - auto-invest and secondary market.
