Property investing has recently become very popular in South Africa as a means to build wealth and earn a secondary income stream. However for most people investing in property is difficult due to the cost associated with it. We have spoken about REITs before on Money Mondays however today we will be sharing about Easy Equities new property investing platform called EASY PROPERTIES.
What is Easy Properties?
Easy Properties enables people to invest in property through fractional property investing, this makes the process of property investing simple by removing the various costs that are associated with purchasing property. Fractional property investing works by enabling people to invest in property the same way the equity market enables people to invest in listed companies.
Not yet confirmed but the expected benefits of the platform will be:
1. Enabling people to enter the property market at a low cost.
2. Access to private property market
3. Earn a decent monthly income
4. Use a tech friendly online property investment platform
5. Capital gains through property value growth
6. Enjoy the benefits of owning property without the hassle of managing it.
If you're a first time home buyer you will love the platform as you get exposure to property much earlier in your quest to own property.
When will the platform be launched?
The platform launch date is yet to be released but we will update our readers as we receive more news. So far you can sign up on the platform wait list.
Remember: Opinions expressed in this article do not and never will constitute financial advice. Every persons financial situation is different, I recommend you speak to a financial adviser about yours.
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