Bricks.co: the low-cost rental real estate investment platform

Make a rental real estate investment Unfortunately, it is not accessible to everyone. However, thanks to the platform Bricks.co, it is now possible to access the property by investing in a rental property at a lower cost. For this, it offers a starting bet of only 10 euros and allows you to benefit from a return between 10 and 15%.\r\n

An innovative start-up in rental real estate investment

\nBricks.co is a start-up innovative created by Cedric O’Neill and located in the city of Montpellier. This brand new platform will certainly revolutionize the world ofreal estate by allowing as many people as possible to be able to achieve a rental investment at a lower cost. \n\nIndeed, everyone who wishes to invest in a rental property will neither have to manage the administrative aspect (such as notary fees, rental agencies, etc.) nor the financial arrangement. Indeed, with only 10 euros as a starting investment, it is possible to acquire shares in order to invest in rental real estate. This represents a real boon for all people who cannot subscribe to a real estate loan but who still wish to form a savings. \n\nIn order to ensure its seriousness and the quality of its services, the start-up Bricks.co is approved by theORIAS inasmuch as crowdfunding platform. \n\nAlso read: Compare before you buy: Here’s why!\r\n

How the Bricks.co platform works

\nThe platform takes care of selecting investment buildings with at least six apartments but also residential property highly sought after. Subsequently, these real estate acquired are divided into 10,000 bricks or shares before being put up for sale online. Everything is taken care of by the platform since it takes care of prospecting for real estate, but also negotiations with different banking partners in order to obtain a real estate loan. Without forgetting the selection of the real estate agency who will then manage the property and the administrative acts by communicating with the notary. \n\nThus, the price of a brick corresponds to the final price which will be paid to its owner, if the property is sold without delay. Thus, each investor is free to buy as many shares as they wish in order to make their investment more profitable in a Investment building or residential property. Depending on the number of bricks owned, each co-owner recovers part of the rent each month. In addition, if he wishes to resell his shares, he can set the desired price and put them up for sale on the platform. This will allow him to quickly collect a nice added value. \n\nIn addition, the shares increase in value by following the evolution of the real estate market, just like the repayment each month of part of the loan taken out. \n\nAlso read: E reputation agency: How to protect your reputation on the internet\r\n

A very attractive rate of return

\nAdditionally, Bricks.co offers a rate of return very interesting which is between 10 and 15%, before tax deduction. Without forgetting that the costs are much lower than in the context of a SCPI offering much more lucrative returns. Thus, investing in quality residential properties offers a better rate of return because these properties do not experience the crisis. This therefore offers a significant guarantee for investing in complete security. \n\nBut that's not all, the platform does not take any fees on the purchase made or on the resale of shares or their holding. On the other hand, it charges the same fees as a traditional real estate agency. A good way to invest in rental real estate by taking advantage of truly interesting offers within everyone’s reach. \n\nAlso read: Why use a web development agency?\r\n

Numerous real estate properties in France

\nMany properties are therefore purchased below the current market price in France. Of course, the first properties put up for sale are located in theHérault, not far from where the start-up is located. Since its creation, Bricks.co has enjoyed great success since its first property located in Montagnac found no less than 124 owners. As for the second investment building, this was financed by 300 investors thus offering profitability of 15.6% per year. \n\nFaced with its success, the platform decided to expand and find real estate throughout Europe. This start-up wants to invest where the opportunities are most present and most interesting. \n\nAlso read: License plates: the new trends\n