Genearlly, Canada’s real estate market is very hot, but the average person is often priced out of participating in property investment. That is where this platform comes in. Addy is a Canadian crowdfunded real estate platform that allows you to buy shares of real estate for as little as $1. Continue reading to learn more about Addy and their current offers.
Addy $25 Welcome Bonus
Earn a $25 Welcome Bonus when you use a referral link to sign up for a new Addy account. There is no deposit requirement to receive the reward. This offer is only valid for new users.
Currently, we do not have a referral link, so our readers may feel free to post theirs in the comment section below.
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Addy Give $25, Get $25 Referral Program
With every successful referral, you can take part in the Give $25, Get $25 Referral Program. For each person that completes the sign up process, they will receive $25. On top of that, you can even earn extra rewards such as a Starbucks gift card, Airpods Pro, PS5, and a MacBook Pro – when you hit certain milestones. To participate:
- Log into your account on your phone.
- Click the gift icon at the top right.
- Share your Addy handle or unique referral link with your friends.
- Get a $25 cash bonus for every friend who uses your handle or referral link to join as a member.
Click here for more referral program details.
How Does Addy Work?
Addy eliminates the barriers associated with real estate investing, including rising property prices, high risk, maintenance, and property management, by utilizing crowdfunding. This makes it relatively lower-risk and more of a hands-off approach to property investment with no down payments, no mortgages, and no renovations involved.
The platform provides vetted properties in Canada to members, who can invest as little as $1 to as much as $1,500 into a single property. Here’s how it works:
- The company identifies potential real estate properties to invest in. These go through a strict due diligence process and are vetted by the acquisitions team, investment committee, and Board of Directors.
- Addy divides the investment into $1 shares, regardless of property price. For example, a $400,000 opportunity will have 400,000 shares worth $1 each.
- The company sells the shares to investors. You can purchase up to 1,500 units per property. If you want to invest more money, you can spread your investments across several properties.
Once you have invested in a property on Addy, you make money through these two ways: through rental income and when the property is sold. Rental payments are sent back to investors in the form of distributions, and any appreciation of the property after it sells is paid back to investors along with their investment principal. Full details of returns and distributions are outlined in the offering memorandum, so make sure to read it thoroughly before investing.
Addy Investment Options
Members will have the option to choose investments under four different categories with varying risk profiles: Core, Core Plus, Value-Add and Opportunistic.
Core properties are a good fit if you’re looking for a steady, passive income without much risk. These investments tend to have existing tenants with long-term leases when purchased by Addy. Income is fairly predictable and little oversight is needed. That said, Core properties also yield the lowest return potential.
Core Plus investments have low to moderate risk, and with that comes higher potential returns. Addy will make minor property improvements, increase tenant quality, and manage more efficiently to boost rental income cash flow.
Value-Add properties have a more moderate to high-risk side. This will come with longer investment time to realize higher returns. Often, these investments are not cash-flow positive when acquired. Addy will make significant property upgrades, improve management, and implement better marketing strategies with Value-add investments.
If you want a long-term money marking opportunity, then you may be interested in the Opportunistic option. These properties usually require rezoning or are vacant at the time of acquisition. If it turns successful, Opportunistic investments will generate a large cash flow over the span of ten years, after Addy makes the necessary property investments.
It’s also important to note that Addy co-invests in their properties, which shows their confidence in the quality of their investments.
Addy is a great Canadian real estate investment platform that lets you invest with as little as $1. It is simple to use and offers many different packages that will suit a variety of people’s needs.
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