Your money will be in the property for as long as we own the property. Depending on the specific deal we will put a bond on the property, at the right time to get the most bank finance, and then some or all of the money could be released.
You can sell your shares after 24 months. The process to do this will be in the shareholders document.
You can buy as many shares as you want. There is a limited amount available to purchase though so when you indicate how many you would like we will confirm that the amount is still available.
As the property is owned in a company, if something had to happen to M5 Property Addicts a new property manager could simply be appointed. There would be no impact on the shareholders or the properties.
The property is purchased in a company specifically created for this property. IT is the only asset in the company. You own shares in company that owns the property and therefore you own part of the property.
Your ROI grows every year as rent increases as well as from the profit of the sale of property should it be sold 10 - 20 years from now.
We can also get a bond on the property in a couple of year’s time which releases cash to buy another property without you contributing any more money.
The estimated return for the first year is 8 to 10% which grows over time according to the above parameters.
The first return will be paid out within one month of the property registering in the company’s name. Thereafter it will be paid out every 3 months.